““not the employees, who can just get another job and not face bankruptcy.””

The idea that only business owners take risks ignores the truth of how employment even works. Employees may not invest capital, but they do invest their time, skills, livelihoods, etc. into their career or job. If a company goes bankrupt, the owner loses money, but employees lose their source of income. That's life man. This can mean eviction, loss of healthcare, financial ruin. Unlike business owners, who often have assets, investments, and safety nets, many workers (most Americans) live paycheck to paycheck.

And while an employee can look for another job, that doesn’t mean it&rsqu…  Read moreo;s easy or guaranteed. Unemployment, especially in a struggling economy, can be devastating. Meanwhile, many business owners shield themselves from total loss through LLCs, bankruptcy protections, buyouts, or other legal/illegal means. The idea that employees "don't take risks" is misleading and factual incorrect. The consequences of job loss can be just as severe as a failed business, if not worse.