“Private equity is the very worst of capitalism. It has no long-term interest in companies, their employees, clients or the communities where they are based. Private equity operates only to make as much money as possible in as short a time as possible. Across the US, UK, Europe and elsewhere, it has already left a trail of destruction in many sectors, including retail and accountancy. In the UK, social care and education is already being destroyed by private equity for profit and now private equity is moving into the NHS via a push for private companies to do more and more NHS work.”
