When my toddler’s day care started turning parents away at the door due to staffing shortages, I learned it was owned by private equity — which maximizes enrollment to squeeze profit out of childcare and now owns eight of the 11 largest US day care companies.
Private Equity is ripping the wiring out of the walls to sell for scrap. If this keeps going on at the rate it is eventually they’re going to tear out load bearing walls and the economic damage will start to compound. They’re already making Society more and more brittle and eventually they could accidentally go too far and before they even realize it it’s too late to save the economics system
We are already there.
enshittification is the result of short term profit maximization.
That’s exactly what DOGE is doing.