Is the American Public Corporation in Trouble?

There may well be agency problems at Public Corporations, though family firms often are also ridden with conflict in the C-Suite, especially between family members. But as long as Private Equity gets favorable treatment from a tax, regulatory and transparency point of view this trend away from listed companies will continue. The irony is that Private Equity needs the public market in order to sell its investments. The question of how citizens and workers can be made part of a capitalist system that is concentrated in a very small number of hands should not be forgotten - it may be the most important question after all!
Is the American Public Corporation in Trouble?