4 ms·
If only it actually played out that way[0][1][2][3] Whatever legal and theoretical role they play in the economy does not match the actual, real role they are
by no_wizard 10mo ago
If only it actually played out that way[0][1][2][3]
Whatever legal and theoretical role they play in the economy does not match the actual, real role they are playing: PE firms are by and large, economic vampires. They have a well documented history of sucking the life out of a sector at the expense of workers and consumers alike
[0]: https://www.wired.com/story/megan-greenwell-bad-company-private-equity-interview/ https://www.wired.com/story/megan-greenwell-bad-company-priv...
[1]: https://www.theguardian.com/business/2024/oct/10/slash-and-burn-is-private-equity-out-of-control https://www.theguardian.com/business/2024/oct/10/slash-and-b...
[2]: https://www.theatlantic.com/ideas/archive/2023/10/private-equity-publicly-traded-companies/675788/ https://www.theatlantic.com/ideas/archive/2023/10/private-eq...
[3]: https://doctorow.medium.com/the-long-bloody-lineage-of-private-equitys-looting-798597a4fa30 https://doctorow.medium.com/the-long-bloody-lineage-of-priva...