"Alex Blasdel lays out the case for private equity as a kind of virus that infects economies, parasitically draining them of not just the capacity to provide goods and services, but also of the ability to govern themselves, as politicians and regulators are captured by the unfathomable sums that PE flushes into the political process:"
~ @pluralistic

#Politics#Capitalism

https://www.theguardian.com/business/2024/oct/10/slash-and-burn-is-private-equity-out-of-control