1 - why didnt this happen before? Thwre was never this much of money created in the system, and Capital was never this cheap. 2 - its usually employees, and so

1 - why didnt this happen before? Thwre was never this much of money created in the system, and Capital was never this cheap. 2 - its usually employees, and sometimes even customers, who are non equity shareholders but long term beneficiaries of the health of the company. Workers usually are not organized well enough to repel a a saavy PE firm. But careful, in some cases, PE may be liberating a firm being sucked dry from low-productivity workers or richly paid pensioners. Its hard to know which is which unless you are diving into the details. PE is not wrong, just like unions are not wrong, but what matters is what is their management style. Parasite, or builder?