There are innumerable ways to avert the worst iniquities of private equity without going Full Communist Revolution. Of course, the longer that plutocrats try to wring the system dry, the more likely the latter is to happen, but I suppose it would be incoherent of me to expect private equity to understand the concept of thinking in the long-term.
That’s the problem right there. We never try to solve problems until it can’t be ignored. We’re tackling economic inequity the same way as global warming; by mostly ignoring it.
I get what you’re saying but that’s not really true, is it? You can ignore social injustice, economic inequality and environmental harm but that doesn’t mean it isn’t a problem. In fact, one might even argue that just because the decision makers can ignore a certain problem, it doesn’t necessarily mean it isn’t impossible to ignore by a large swathe of the population.
We've banned this account for using HN primarily for ideological battle. That's not allowed here; regardless of what you're for or against, it destroys what this site is supposed to be for.
Please don't create accounts to break HN's rules with.