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Private equity snaps up disability services, challenging regulators

(www.governing.com)
182 points tencentshill | 1 comments | 29 Aug 25 13:37 UTC | HN request time: 0s | source
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carlhjerpe ◴[29 Aug 25 18:06 UTC] No.45067454[source]▶
But the market will adjust, right? Isn't that the core belief, that the market takes care of everything.

I think the ideology of "market rules" at least semi-works until the market is manipulated, which is "always".

I prefer appointing who manages things meant for public good through voting, it's not perfect but at least it's not ultimate profiteering by default.

replies(1): >>45067804 #
1. Nevermark ◴[29 Aug 25 18:37 UTC] No.45067804[source]▶
> at least it's not ultimate profiteering by default.

Unfortunately, voting is a terrible hiring plan to get competency in a highly complex often opaque environment.

I am currently lost as to what the right structure should be. It certainly is an interesting (and pressing) problem.