| ▲ | no_wizard a day 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-priv... [1]: https://www.theguardian.com/business/2024/oct/10/slash-and-b... [2]: https://www.theatlantic.com/ideas/archive/2023/10/private-eq... [3]: https://doctorow.medium.com/the-long-bloody-lineage-of-priva... | ||