Introduction -- Contract: The Case Against the Human Rental Contract Based on Inalienability -- Property: The Case Against the Human Rental System Based on Private Property Rights -- Governance: The Case Against the Employment System Based on Democratic Theory -- Summary and Conclusions.

The premise of this paper is that state aid to distressed companies should benefit not only the current owners but also the employees, who are the ones taking personal risks to continue or restart companies. Government aid during the Great Recession was aimed primarily at restoring the status...