Is it good that America allows large and successful firms to fail?

[Inda Bosk]

It's not good at all in anyway but when a big business becomes so unserious and believs no small business can take their place this kind of behavior eventually leads to a staggering downfall.

[alina constantin]

success doesn't always equate to being the best. Even if a business is large and successful, it doesn't mean it's the most effective.

[david lee 11]

It goes both ways; allowing large companies to fail fosters innovation, promotes competition, and ensures efficient resource allocation. This approach helps maintain a dynamic market and encourages businesses to be accountable for their performance.

[Hana Hasegawa]

I'm not convinced that changing their approach is necessary. The United States has its own established methods and systems, which seem to be working in their favor. It appears that their current way of doing things is yielding benefits, so it may be best to stick with what they know.

[james bond2]

Indeed, permitting the failure of even large and successful companies can have a positive impact, as it fosters a competitive environment, drives innovation, and prevents the risk of moral hazard, ultimately leading to a healthier market ecosystem.

[Valentine Ezeribe]

The American ethic of competition and innovation can be fatal, even for very big firms. This can lead to unemployment and business hardship and encourage companies to innovate all the time. This competitive pressure can be useful and spur development and better ideas.

[peter nnaemeka 1]

I think that the US policy of permitting large corporations to fail serves as a checks-and-balances system, promoting accountability and innovation among businesses. However, I also acknowledge the potential drawback of this approach, as highlighted by others, which is the risk of job losses for employees who depend on these big businesses that are allowed to fail, leading to unemployment.

[Joy Wendy]

The large and successful firms being the driving force of the country's economy shouldn't be allowed to fail as they contribute so much to the economy. If they fail, its disadvantages might not be remedied easily.

[Parker Ezeribe]

I believe that the fact that America allows large businesses to fail helps keep those businesses accountable and innovative, while agreeing with others comments that the major downside to this can be unemployment for those who work for the big businesses that are allowed to fail.

[Parker Ezeribe]

I believe that the fact that America allows large businesses to fail helps keep those businesses accountable and innovative, while agreeing with others comments that the major downside to this can be unemployment for those who work for the big businesses that are allowed to fail.