It’s not just social media. Externalized financialization ruins everything. Private equity firms quickly gut everything they buy from plumbers to health clinics

It’s not just social media. Externalized financialization ruins everything. Private equity firms quickly gut everything they buy from plumbers to health clinics (and you still have no choice but to buy their services because they “consolidate” the competition). It’s capitalism gone mad: financial incentives disconnected from any other considerations. https://www.nytimes.com/2023/04/28/opinion/private-equity.html https://www.nytimes.com/2023/04/28/opinion/private-equity.ht...