Here is a thought experiment, especially for people with pensions (unlikely on the HN comments board). PE's are being funded by pension funds. So, as a pensioner, maybe you get a slightly better return. However, the services you will need as a pensioner (hospital and nursing home care) are significantly degraded by private equity. Would it not be better if pension funds pulled out of PE entirely?

The argument here needs to be a societal one because everyone will assume that they'll be going to the hospital that isn't affected by it