The only reason capitalism works is because it turns everything into a struggle for existence, which is the best motivator. Every company is forced to compete (assuming there is no moat created by politics eg. Intellectual Property or contract law) or the company will go under.

But it also means that the people who can’t compete in this type of Darwinism only survive because of the empathy of others who do (whether that be family/friends, politics, or charities).

I’m worried about the breadth of industries that PE has infected in the US.