> Sure there can be positive social results to certain kinds of lending. If you’re investing for that purpose though (to improve someone’s situation), why are you looking to be punitive and enforce that you get a return?

Certainly there are people and organization that invest with aim to help the other party. But aren't most people investing to make profit? And isn't this kind of investing (for profit) beneficial for society as well? You provide capital early to others, and since you can't use it now for your consumption you get interest in return.

I don't think why you imply that I want to hold power over people. All I'm saying is that if I don't get any protection, then likely I won't invest at all. And who would if there's no protection?

> Is it a moral failing on their part or mine that that happened? Sometimes they don’t fail. Is that due to our morals?

If a company defaults on obligations then by the law it's going to be liquidated, and both bond holders and stock owners will be paid from that. That's the risk I'm willing to bear. But if the company would have the choice to renege on its obligations and keep on existing, would you invest? Would anybody?