Is Private Equity destroying our economy?

Is the Private Equity industry destroying our economy and thus capitalism? This is a very deep question that cuts to the very heart of what is ailing our economic system. Small business owners don’t want to grow their companies anymore; they just want to sell. There is no thought of building for the next generation, there is only the unicorn status, possible IPO, and then the sale. Private Equity is built on debt financing that promotes short-termism and financialization. This episode seeks to consider how and why this happened? What does it mean for our economy? What does the future look like if things don’t change? This episode reviewed an article from The Epoch Times (subscription required) titled “Has Private Equity ruined capitalism?”