Examining Private Equity: Ethics and Accountability

This chapter critically examines the private equity industry's compensation structures, focusing on the implications of the carried interest loophole and the moral dilemmas stemming from high earnings. Through personal stories and reflections on the financial world, it discusses the need for regulatory action and highlights the work of a notable journalist who has addressed these issues in her writing. The chapter underscores the ethical considerations and societal impacts of private equity practices, revealing the tensions between corporate interests and accountability.