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> You can balk at the morality and decency of this and I'd agree with you

Why would you agree? A business is people voluntarily getting together trying to make money. If it fails to do so, why should other people have to step in and pay?



The only reason that's how "business" is defined is centuries of imperial colonialism, much of it shaped by aristocratic patronage of the slave trade.

Sooner or later we're going to have to take a look at that definition because the evidence strongly suggests it's doing more harm than good.

There have been other more humane models, even in corporate America.


What are these humane models?

My understanding is that there are a lot of very similar economic systems. There are pros and cons to each of these systems. I don't believe one system or government as truly figured it out.

Folks on HN and reddit like to use other systems as a better system, but they always have some subjective negatives that are pushed aside.




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