Comment by happytiger
2 years ago
I can’t wait until private equity companies are exposed as the exploitive side of our current system that needs to be corrected. At the heart of so many good companies are bad decisions driven by PE structures and personalities, most of whom seem very toxic and short sighted. Surely there is a better model of capitalism — I am not so vapid as to turn against the obvious advantages of the system. But I am also not willing to endorse the current approach as anything but exploitation with extra steps.
It seems like they keep getting "exposed", yet nothing changes.
There's a solution, I posted it in the thread.
https://news.ycombinator.com/item?id=40238807