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> Why should they be allowed to walk away?

Because we decided ages ago that compelled labor is a bad idea.



Again, try declaring bankruptcy, and then refusing to do any more paperwork or show up for the bankruptcy hearing with the judge, and see how it goes for you.

In fact, bankruptcy is a process that, if you follow the rules, is beneficial to you: you get protection from your creditors so that your loss is minimized. If you refuse to do the labor to follow this process, you won't have any protection and things will go badly for you. I don't see why it should be different for the owners and executives of a corporation. These people are not employees.


Sorry to be pedantic, but according to the 13th ammendment, compelled labor is allowed as a punishment of crime.

To be real, if the executives at a company do commit crimes that lead to the failure of the company, I think they should be on the hook for that.


> if the executives at a company do commit crimes that lead to the failure of the company, I think they should be on the hook for that

Yes, e.g. Theranos.

But the majority of failed businesses fail for reasons that have nothing to do with crime.




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