It's sloganeering/headline reading that breeds this reaction. Not reading/research and deep thinking. If you don't/can't understand how private equity works, someone with an agenda will simplify it for you..and send you out feeling smart to spread the message. Idiots utiles I believe the French call it. It's a lot easier to have a couple sentences or phrases placed in your mind for easy recall, than to read a 10,000 word treatise on leverage buy outs, and research what is involved in taking a public company private....and realizing the inherent risks/rewards associated with this method of capital extraction.
The poor/uninformed always need a villain. Someone to hate, and/or blame for their personal failings. It makes life easier, and more bearable, thinking some God or rich person, or government is really in control of you..the system is rigged...you didn't stand a chance..Just give up, my child...I'll protect you. But it's going to cost you...put a little in the basket/plate, render unto Ceaser, pay your taxes, give your fair share etc.