If you read charitably, this is the blog of the real Will Shetterly. If you read through a thick ideological lens, this is the blog of the straw Will Shetterly.
Sunday, May 9, 2010
capitalism 101: when you'll lose money, walk away
There's no morality in capitalism. There's only legality. The rich have never hesitated to go bankrupt or walk away from a contractual obligation if that'll benefit them. The middle class is finally learning that lesson.