Clear-Cut Forestry vs Regrowth Capitalism

““When you have cleared a forest to a clear-cut, you can’t get anything more out of it. But if you harvest a bit at a time and constantly replant, you get regrowth. Private equity firms cut down too much. They hollow out the companies, taking the profits instead of reinvesting them.” That’s how he describes the situation.”

“Hasse says that all the profits in the company where he works go to pay fees and interest to the banks and the “management company,” the holding company controlled by the private equity firm’s representatives. He thinks it is demoralizing.”