Capitalism without bankruptcy is like Christianity without hell.

Summary

This quote by Frank Borman implies that bankruptcy is an inherent aspect of capitalism, just as hell is an indispensable component of Christianity. It suggests that the possibility of failure, reflected in bankruptcy, is crucial for capitalism to function properly. Similar to how the notion of hell reinforces moral accountability and consequences in Christianity, bankruptcy serves as a mechanism to ensure accountability and discipline in the realm of capitalism. Without bankruptcy, capitalism may lack the necessary checks and balances, potentially leading to an imbalance and undermining its essence.

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