Here is the passage analysis.
P1: Remedial quality of current bankruptcy law and increasing reliance to it, and yet the goal of maintaining stable economy advocates for the shift.
P2: Punitive system used to be highlighted with consideration of failing social responsibility from debtor's part -- little benefit to creditors and damage to economy.
P3: Modern bankruptcy law’s attempt to remedy this shortcomings while focusing on two thoughts through reorganizations — ultimately designed for overall economic stability and creditors’ interest.
Overall: Today’s remedial quality of the bankruptcy law has to be maintained for overall benefits to the society as well as creditors.
Scale here is:
Punitive System < Remedial System
- little benefit to creditors - public good better served by maintaining
- Damage to the economy employment and further stability of economy.
with bankrupt enterprises