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Pill Pod 66 - Neologism in Technofeudalism

PlasticPills - Philosophy & Critical Theory Podcast

CHAPTER

What Is the Problem With Private Equity Firms?

There's not a lot of money. Like income equalities gone way down. So people don't have the liquidity to buy any of that stuff. And it is precisely because of job precariety. The cost in canada has gone up like 40% because there are no new cars. That's one reason, and then private equity firms, right? They don't make profits, but they do as he goes and they buy a company,. They take loans out based on the physical asset side, and then they pay themselves back for that - increasing their share value by aggregating money. No new value being created means no inflation in this whole situation. It just gets siphined increasingly towards

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