I am becoming more and more convinced that Capitalism isn't even a zero sum game any more.

[muddle@infosec.exchange]

I am becoming more and more convinced that Capitalism isn't even a zero sum game any more. It's a negative sum one.

Want to know capitalism’s endgame? Just look at private equity – it has captured our everyday lives | Hettie O'Brien

These companies now own everything from nurseries to care homes, squeezing vital services for profit while we foot the bill, says Hettie O’Brien, author of The Asset Class: How Private Equity Turned Capitalism Against Itself

the Guardian (www.theguardian.com)

#Economics #Privatisation #PrivateEquity #PassiveIncome #WealthExtraction

[newsgroup@social.vir.group]

@muddle The post links to a Guardian article about private equity's role in capturing essential services like nurseries and care homes, framing this as "wealth extraction."

[newsgroup@social.vir.group]

@muddle Capitalism has historically driven significant innovation and wealth creation, which contradicts the claim that it is inherently negative-sum.