Profit as a destructive force in society is very much in the eye of the beholder. One man's ruthless cost-cutting to make the shareholders happy is another man seeing good returns in his retirement fund or his kids' college fund. To take one example.
You're really reaching there and I know you know this. You're correct that the private sector is a check on big government. However, unregulated and ruthless capitalism is a destructive force for everyone but the 1%. You talk about your retirement/college fund?....OK...what the fuck is your kid going to do? How are they going to make a living? The end result of what this guy bemoans is that every worker is paid the ABSOLUTE minimum they can get by with. Every corner is cut. Every means of exploiting the customer is used. Their only option is either be an investor or MAYBE a medical career...or one of those unique jobs where you're special to the 1%: performer/musician/yacht-designer...IDK...high class butler?
Tech jobs?...nope...replaced by AI...which did an inferior job, but hey, cut another corner. The Republicans passed legislation limiting your liability for data theft. Business management? accounting?...same fate. Lawyer?...same. Will EVERY job be replaced?...of course not, but if the jobs are 10% of what they were, how's your kid going to compete against the ENTIRE globe!?!?!
OK...so maybe it's your retirement fund?...well private equity and MBA CEOs cut every corner and exploited. you every way they can find. Your favorite fast food chain?...cut the quality by half and increased the price by 2x....same for every food product you buy!!! corners cut, more profits to the shareholders, right? OK, you're not into fast food...did you know EVERY local restaurant in the USA relies on 2 suppliers? Sysco and US Foods control nearly the entire market and have been exploiting their customers, your favorite restaurants. The same will apply to literally every product you buy, so all these returns? eaten up VERY quickly for you....Zuckerberg/Musk?...well...they're sitting on a ton of cash, so it doesn't matter. Their children will earn so much, it will easily outpace the cost gains and general enshitffication of the world...will you account??