The Damn Gummint - part the first

For what is likely to be a series of expletives, herein the first explanation of why any society needs a Damn Gummint.

The opioid pusher Insys has filed bankruptcy, and the right-wing anarchists will hail this as the free market working as it should. Ah, that it were so. A share once sold for just over $13, as I type it's going for $.39.

What this really demonstrates is the perversion of the corporate construct: the corporation perpetrates any manner of negative externalities on the public, raising its profit and sloughing the costs on the rest of us. Since 'owners' are exempt from paying for the corporation's evil, they get to keep the moolah. When caught, little to no assets remain to undo the damage, so bankruptcy ensues. If the damage is mitigated, the taxpayer foots the bill. See Superfund. The Manchurian President has done so many times in the past, so I suppose that makes it the smart thing to do. He is, by his own account, a stable genius.