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Yeah. I get it. But the whole of our corporate legal structures are basically built on limiting/allocating risk. It has laid the foundation of the sort of risk taking and entrepreneurial spirt that has made this back water island into a global player, and pretty much allowed all of us to be born into a privileged position globally.
So you know. Swings and roundabouts.
hugo7-
It very much depends on what the risk appetite of the organisation is.
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It has laid the foundation of the sort of risk taking and entrepreneurial spirt that has made this back water island into a global player
I think we were invading other places, pillaging their resources and forcing them to buy the resulting produce back from us some time before that.
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It has laid the foundation of the sort of risk taking and entrepreneurial spirt that has made this back water island into a global player
Business types love to pretend they deserve the rewards because of the outsized risks they take. If the foundation of our corporate structure is based on removing that risk as much as possible, the only story left to tell is one more of privilege, not 'entrepreneurial spirit'.
ELbowloh
itsbruce
slippers
Imagine being forced to honour debt by selling assets!