It does suck. It's also the nature of business, speculative investment. Sometimes you invest capital in something and don't see returns.
If you want the employee to own the capital costs, then they better see capital returns as well.
If you want the employee to own the capital costs, then they better see capital returns as well.
By this logic, should the government also stop helping banks collect debts (eg. garnishing wages or seizing property)? After all, lending is also a "speculative investment" and "Sometimes you invest capital in something and don't see returns".
okay but how is that relevant to this discussion? if the state refuses to assist in debt collection, it effectively makes failing to pay debts legal, which seems to be what you want?
You are right though in that's its just another way to socialise the costs and privatise the profits.