[clay_the_ripper]

The flip side is: efficient capital allocation is better for our economy as a whole than trying to save certain jobs for emotional reasons.

Struggling businesses that can’t operate effectively and provide a poor return on capital should be shuttered - the only way to deal with the mountains of paperwork involved is to incentivize very smart people to work at very bad companies. smart people don’t like to work at failing companies. how to reconcile this and ensure efficient capital allocation? huge monetary compensation.

[DANmode]

Is what they’re doing efficient capital allocation?

I’m not convinced anymore.

Market economics aren’t working the same when the government has turned particular knobs to a degree that nobody ever shows back up to serve the market once someone quality disappears……

[throwawayqqq11]

... job displacememt by budgetary cuts or by competition/progress. It seems you conflate PE with the latter (for emotional reasons).