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KKR is either a villain or a hero, depending on who you ask.

The private equity firm started buying up companies, giving employees equity in them, then selling them at a profit with windfall results for employees and KKR. Some employee-ownership advocates see the company as an unlikely savior, offering workers stake in billion-dollar businesses. Others see it as an apex predator of late capitalism, giving workers a watered-down version of “equity” for their own financial gain.

Which is it?



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