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I don't think there's a single problem we're facing today that hasn't been made meaningfully worse if not outright caused by private equity.
Healthcare doesn't work as a for profit business model. High profits and high patient outcomes don't align. Profit will always win at for profits and people will suffer
Privatization does work, it doesn't benefit the common good.
We must advocate the opposite, normalise it as a topic of discussion: Nationalisation. Having the government re-acquire aspects of the common good that have previously been sold off.
After all, if these assets have benefited the private companies, then why can't they benefit the public in some of the same ways.
I feel like the world would be such a better place if people understood negative externalities; capitalism is completely incapable of addressing them without robust regulation.
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who could have seen this coming?!
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