>If it were true that people are "ruined" because they were involved in a failed business, capitalism couldn't work.
You must be very young or very naive. People are ruined by failed businesses all the time. The thing you're missing is that the people continuing the churn of business creation are not the same ones who were ruined by it.
If you seriously think there is no human cost when businesses fail you're simply delusional.
You must be very young or very naive. People are ruined by failed businesses all the time. The thing you're missing is that the people continuing the churn of business creation are not the same ones who were ruined by it.
If you seriously think there is no human cost when businesses fail you're simply delusional.