Tucker Carlson & Ukraine; Matt Walsh on Slavery; Declining Life Expectancy | Yaron Brook Show
Yaron Brook Show
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The Importance of Having Priority in Capitalism
In a true capitalist world, if considerable provable harm was done to a group of individuals by a business such as a mining company, but that company has gone bust, is anyone responsible? No, not in a limited liability business. What would happen in capitalism is the employees who are following the lawsuit against the company become claimants against the assets of a company. Do the employees have a higher claim than the bondholders? And that's a good question. I'm not sure. It depends on the bankruptcy laws that would be in place.
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