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by ahallock 1638 days ago
I agree, except why use the word "right"? There is no such right for businesses (although bailouts are a thing...).
1 comments

Bailouts could be replaced by direct state acquisition of the business (at cost), IF it provides a benefit to society or its demise would create an irreparable loss.
Bankrupty process is well understood. Let someone else pick up their physical assets at a good price and build back better.
And this is how it should be because bailouts are done with our money, which means the public need to have some level of control over them afterwards.