Is it good that America allows large and successful firms to fail?
Only people who purchase and read the book can post in this forum. If you purchased the book, please upload a copy of your receipt at:
https://onlinebookclub.org/verify-purch ... ook=573230
If your purchase of a previous Book of the Month was already marked verified, you will already have access to this forum.
-
- In It Together VIP
- Posts: 75
- Joined: 17 May 2024, 02:33
- Currently Reading:
- Bookshelf Size: 12
- Reviewer Page: onlinebookclub.org/reviews/by-tochukwu-nwaji.html
- Latest Review: Somawise by Luke Sniewski
Re: Is it good that America allows large and successful firms to fail?
-
- In It Together VIP
- Posts: 144
- Joined: 31 Jan 2024, 17:23
- Currently Reading:
- Bookshelf Size: 19
- Reviewer Page: onlinebookclub.org/reviews/by-colleado-keana-rose.html
- Latest Review: Rise and Conquer by Juan Partida
-
- Book of the Month Participant
- Posts: 12
- Joined: 23 May 2024, 09:37
- Currently Reading:
- Bookshelf Size: 14
- Reviewer Page: onlinebookclub.org/reviews/by-chakri-wang.html
- Latest Review: Timewise by Robert Leet
- Benson Ken
- Book of the Month Participant
- Posts: 51
- Joined: 23 Apr 2024, 05:14
- Currently Reading:
- Bookshelf Size: 33
- Reviewer Page: onlinebookclub.org/reviews/by-benson-ken.html
- Latest Review: The Reel Sisters by Michelle Cummings
-
- Book of the Month Participant
- Posts: 18
- Joined: 12 May 2024, 19:19
- Currently Reading:
- Bookshelf Size: 23
- Reviewer Page: onlinebookclub.org/reviews/by-kingsley-onyenwe.html
- Latest Review: Swallows Also Fall by CR Armeny
-
- In It Together VIP
- Posts: 17
- Joined: 12 May 2024, 06:41
- Currently Reading:
- Bookshelf Size: 14
- Reviewer Page: onlinebookclub.org/reviews/by-udeh-n.html
- Latest Review: E M P Honeymoon by Dorothy May Mercer
-
- Book of the Month Participant
- Posts: 259
- Joined: 14 Aug 2023, 09:22
- Currently Reading:
- Bookshelf Size: 90
- Reviewer Page: onlinebookclub.org/reviews/by-benny-rach.html
- Latest Review: By The Rivers of Babylon by Mary Glickman
- Emeka JohnObi
- In It Together VIP
- Posts: 95
- Joined: 23 Feb 2024, 03:28
- Currently Reading:
- Bookshelf Size: 59
- Reviewer Page: onlinebookclub.org/reviews/by-emeka-johnobi.html
- Latest Review: First Survivor by Mark Unger
- 2024 Reading Goal: 100
- 2024 Goal Completion: 43%
- Rishaunda Lynnette Britton
- Book of the Month Participant
- Posts: 175
- Joined: 18 Aug 2023, 15:28
- Currently Reading:
- Bookshelf Size: 147
- Reviewer Page: onlinebookclub.org/reviews/by-rishaunda-lynnette-britton.html
- Latest Review: The Aspen Tree by Bart LaRocca
-
- Book of the Month Participant
- Posts: 21
- Joined: 25 May 2024, 06:00
- Currently Reading: Cynthia and Dan
- Bookshelf Size: 17
- Reviewer Page: onlinebookclub.org/reviews/by-deivid-ndudi.html
- Latest Review: Timewise by Robert Leet
-
- Book of the Month Participant
- Posts: 41
- Joined: 16 May 2024, 11:18
- Currently Reading:
- Bookshelf Size: 14
- Reviewer Page: onlinebookclub.org/reviews/by-pascal-junior.html
- Latest Review: The Unfakeable Code® by Tony Jeton Selimi
-
- Book of the Month Participant
- Posts: 41
- Joined: 16 May 2024, 11:18
- Currently Reading:
- Bookshelf Size: 14
- Reviewer Page: onlinebookclub.org/reviews/by-pascal-junior.html
- Latest Review: The Unfakeable Code® by Tony Jeton Selimi
-
- In It Together VIP
- Posts: 137
- Joined: 17 Feb 2022, 17:21
- Currently Reading:
- Bookshelf Size: 75
- Reviewer Page: onlinebookclub.org/reviews/by-ruka-n.html
- Latest Review: Creative Destruction by Alastair Bowman
I agree. It's has it pros and cons.Olga Markova wrote: ↑01 Apr 2024, 14:43 In the first chapter, we read that "as America spawns more unicorns than other countries, it also is more lenient in allowing large and successful firms to fail". I think that allowing big, successful businesses to fail is a double-edged sword. On the one hand, it is bad as it can cause massive layoffs, increasing pressure on the people who become unemployed and on the social insurance system. On the upside, it creates the need for big and successful businesses to keep on their toes for any external and internal threats to their success and existence. Had there been no such threat, the big businesses could stagnate and impede economic progress.
-
- Book of the Month Participant
- Posts: 20
- Joined: 31 Mar 2024, 08:07
- Currently Reading:
- Bookshelf Size: 9
- Reviewer Page: onlinebookclub.org/reviews/by-nwachukwu-chrysogonus.html
- Latest Review: The Girl Who Knew Da Vinci by Belle Ami
-
- Book of the Month Participant
- Posts: 22
- Joined: 25 May 2024, 09:55
- Currently Reading:
- Bookshelf Size: 20
- Reviewer Page: onlinebookclub.org/reviews/by-chibyke-icarus.html
- Latest Review: Fireproof Happiness by Dr. Randy Ross