Re:Fabric and craft retailer Joann to go out of business, cl...
by s1artibartfast on Wednesday February 26, 2025 @12:00AM
(#43180794)
This should be clear from my post, but you are preaching to the choir. In my opinion, if someone wants to gut their business, that is their choice. If someone doesn't like the options, they should start a competitor.
basing a system on the idea that consumers shouldn't have to shop or businesses can never fail leads to all sorts perverse outcomes.
Until they either collapse (LGFVs in China) or severely degrade in user quality (Air India), and it's the taxpayers on the hook.
> heavy restrictions on the ability of owners to sell, dissolve, for take risks with business they own
Then there's no incentive to start or scale a business, for example why business incorporation in Switzerland is preferred over France despite similar/same culture, but easier ability to incorporate, sell, or shut down businesses
> Consumers don't get a say because they are not actual equity owners things like securing access to yarn or all you can eat shrimp do not supersede property rights in the view of the government
I can still go to Michael's, Hobby Lobby, or my local crafts shop to buy the same products.