Companies and individuals can declare bankruptcy Nations can default on sovereign debt How come we don’t we have a notion of communities declaring bankruptcy in some form re cultural capital?
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Replying to @vgr
Yes and no. Part of debt is the understanding that one is in debt and making interest payments to service that debt. Most communities lack this understanding re: debts like vendettas
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Replying to @calcsam
Conscious understanding is not necessary. Longer story there.
11:12 PM - 17 Feb 2018
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