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rayiner an hour ago

U.S. bankruptcy law is a foundational social technology that enables the marvelous world around you to exist.

zbentley 29 minutes ago | parent | next [-]

Even if that's true, current bankruptcy law is still really far from socially optimal.

There are a lot more points on the "how does your system respond to business failure" spectrum besides low-consequence ch11/better-luck-next-time and debtors' prison.

agency an hour ago | parent | prev [-]

Is the marvelous world in the room with us right now?