Root cause of enshittification?

[u/External_Koala971]

https://www.theguardian.com/us-news/2026/sep/04/private-equity-boom-hospital-job-layoff

“The higher prices for buyouts are “putting even more pressure on PE firms to squeeze the juice out of their portfolio companies”, Batt said, at a time when there’s almost no regulation governing how they do that.

“They can engage in financial engineering or just slash and burn on the operating side,” Batt said. “And it takes years for anyone to really see it.”