Re:Who employs your doctor? Increasingly, a private equity firm
by dragonwriter on Sunday July 16, 2023 @01:22PM
(#36749401)
> To me it seems like PE has simply discovered a loophole in the system
Serving private equity literally is the focus of the system in capitalism; it hasn’t found a loophole, it is the thing around which the system is engineered.
> For PE however, they've found a way around it, using the machinery available in the economy.
No, the effect you describe is literally what several centuries were spent engineering the machinery of the economy to create, its not an unintended pathway recently discovered that that machinery can be bent toward.
Its what “capitalism” was named, by its critics, for.
Serving private equity literally is the focus of the system in capitalism; it hasn’t found a loophole, it is the thing around which the system is engineered.
> For PE however, they've found a way around it, using the machinery available in the economy.
No, the effect you describe is literally what several centuries were spent engineering the machinery of the economy to create, its not an unintended pathway recently discovered that that machinery can be bent toward.
Its what “capitalism” was named, by its critics, for.