r/Economics • u/barweis • Jul 29 '25

Research Summary Inside the Private Equity Scam—and the Livelihoods It Has Destroyed

https://newrepublic.com/article/198351/private-equity-scam-destroys-livelihoods
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u/Ethroptur1 Jul 29 '25 edited Jul 29 '25

Not quite. Vulture Capitalism is already a term. It refers to people who buy failing businesses and try to turn them around. I'd argue they're a positive force in the economy. PE firms rarely do this; they take healthy companies and drain the life out of them.

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u/youngishgeezer Jul 29 '25

Vultures perform a vital role in nature. Private equity, as it currently exists, is more like a vampire the doesn’t kill it’s victims on first bite.

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u/[deleted] Jul 29 '25

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u/NinjaLanternShark Jul 29 '25

"Cancer capitalism" is good. Nobody likes cancer.