One of the first principles of economics, that is a given in physics, is a full

One of the first principles of economics, that is a given in physics, is a full accounting (balance sheet) of causes and consequences. Not a selection bias. If zombie companies are destroying private wealth and others wish to make short term profits by financing their decline, or gambling on their recovery (which is what they do), then that is a private matter. People do so because it’s in their interest to maximize their personal returns as an organization vs the alternatives. Just as you may defer maintenance on yourself, relationships, assets, and home.

However, when rents are extended to the public, and impose a cost on the commons, that’s a public matter.

I am not sure why this is hard to comprehend but it is possible that I’ve been doing this so long that I’m not seeing what you’re intuiting.

My suspicion is that you are accidentally dealing with an ideal or moral idea and not a concrete category – possibly because this is one of the cataegorical deceptions in libertarian thought, just like the categorical deception of ‘society’ in Marx’s work. This mistake is common for most people – because tehy do not realize they are merely justifying a moral presumption – though I havent detected this line of thinking in you before.

It’s a Very Jewish > Christian-Theological > Philosophical-Moral > Rationalistic Justification > but not necessarily empirical > and certainly scientific, and therefore fully accounted.

HIERARCHY OF ASSETS AND RIGHTS: Personal (life, body, actions) > Private (self or familial regulation, usus, fructus, mancipio, abusus) > Semi-Private (private regulation, usus, fructus, mancipio) > Semi-Plublic Commons (self regulating, usus + fructus) > Public Commons (usable, usus) > Public ‘sacred’ Commons (inviolable).

Reply addressees: @William68332190 @neoCamelist