kest

jblue , 8 months ago to random

Strongly recommend this book.

Author clearly explains how private equity firms are destroying essential industries, how they avoid legal responsibility for the disastrous consequences, who’s empowering them and how they can be stopped.

Private equity’s #enshittification is to blame for much of the worst aspects of health care, housing crisis, the economy as well as the deepening wealth gap.

#books #bookstodon @bookstodon #PrivateEquity #economics #finance #business #housingcrisis

kest , 7 months ago

@jblue interesting

kest , 7 months ago

oh he didn't know what private equity was until 3-4 months into writing his book... and his employer is the Department of Justice which is the government? He looks a little egotistical considering he doesn't have much experience, feels like a smear job.

and his interviewers are even more pushing anti-capitalist rhetoric... and they make things about specific politicians...

I think they're just upset capitalists figured out how to dodge taxes by using debt lol

this is sounding less like an interesting book =[

I don't think he knows anything deep, I think this whole thing is an opinion piece