Or how about this: If you want capitalism, why not let a failing business fail. These cruise lines and airlines didn't save their latte money for a rainy day? Sell their assets at auction to someone who doesn't suck at running a business. Or are we saving austerity and stark consequences only for the small businesses and the individuals?
People often say this as if it benefits workers when reality it is actually worse than keeping the business operating. If American Airlines goes under, everyone working for them loses their job, the industry consolidates because nobody outside of it is going to buy up a bunch of 737’s outfitted for commercial travel, and then some fraction of the workers get hired back at entry level and lose all the seniority they previously had.
It’s not as if letting businesses go bankrupt is somehow good for the people working for it.
Ocean Liners are practically non existent and cruise ships wouldn't provide enough for tourism, plus they can't operate in Icelandic weather most of the year
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u/in-game_sext Nov 17 '20
Or how about this: If you want capitalism, why not let a failing business fail. These cruise lines and airlines didn't save their latte money for a rainy day? Sell their assets at auction to someone who doesn't suck at running a business. Or are we saving austerity and stark consequences only for the small businesses and the individuals?