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Special Edition. Malcom Kyeyune: The Twilight of the Western Elites

Multipolarity

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The Pros and Cons of Private Equity

The professional managerial class are very much steeped in theories various theories increasingly probably neoclassical economics believing in all sorts of voodoo about supply and demand. The industry that employs these people that actually tries to get them to go out and do things rather than shuffle paper is the private equity industry. It seems to be a kind of a a manner of organizing things, there's no real engineering behind it nothing rolls off the factory floor afterwards. But I mean what so what type of what type of mindset do you think that breeds in the elite?

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