Memes of Production

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Seize the Memes of Production

An international (English speaking) socialist Lemmy community free of the “ML” influence of instances like lemmy.ml and lemmygrad. This is a place for undogmatic shitposting and memes from a progressive, anti-capitalist and truly anti-imperialist perspective, regardless of specific ideology.

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Be a decent person.
No racism, sexism, ableism, homophobia, transphobia, zionism/nazism, and so on.

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Deceptichum@quokk.au

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where did it go? (quokk.au)

submitted 3 weeks ago by Deceptichum@quokk.au to c/mop@quokk.au

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[–] atomicbocks@sh.itjust.works 18 points 3 weeks ago (1 children)

A. Owners aren’t on the hook for shit. This is what limited liability means and what layoffs and bankruptcies are for.

B. Lots of employees do exactly that. See Bob’s Red Mill for instance.

[–] CannonFodder@lemmy.world 4 points 3 weeks ago

Owners of small businesses usually put in a lot of unpaid time and effort. They often put in their own savings. So they have a lot more to lose than 2 weeks pay. They are also still liable for the legal, financial, and tax handling of the defunct company. There are often lawsuits around companies that fail. Directors can be named personally on the suit and while that can usually be fixed, it takes corporate lawyers to handle and they cost.