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Private equity is an inevitability of a financialised capitalist economy, so what are you suggesting? Some sort of vigilante justice?
by xkekjrktllss 3y ago
Private equity is an inevitability of a financialised capitalist economy, so what are you suggesting? Some sort of vigilante justice?
- kibwen 3y agoThere are innumerable ways to avert the worst iniquities of private equity without going Full Communist Revolution. Of course, the longer that plutocrats try to wring the system dry, the more likely the latter is to happen, but I suppose it would be incoherent of me to expect private equity to understand the concept of thinking in the long-term.
- heyoni 3y agoThat’s the problem right there. We never try to solve problems until it can’t be ignored. We’re tackling economic inequity the same way as global warming; by mostly ignoring it.
- smabie 3y agoWell you don't know it's a real problem until it cannot be ignored.
- heyoni 3y agoI get what you’re saying but that’s not really true, is it? You can ignore social injustice, economic inequality and environmental harm but that doesn’t mean it isn’t a problem. In fact, one might even argue that just because the decision makers can ignore a certain problem, it doesn’t necessarily mean it isn’t impossible to ignore by a large swathe of the population.
- solumunus 3y agoThat makes no sense. I know it’s a real problem.
- xkekjrktllss 3y ago[flagged]
- solumunus 3y agoThe people who end up at the top will be just as prone to the trappings of power and wealth as the capitalists. It’s human nature.
- dang 3y agoWe've banned this account for using HN primarily for ideological battle. That's not allowed here; regardless of what you're for or against, it destroys what this site is supposed to be for. Please don't create accounts to break HN's rules with. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
- clipsy 3y ago[flagged]