Earlier quoted context omitted.
>The point of PE isn't to run sustainable businesses that provide quality products and services for customers while treating their employees well. The point is to rapidly suck all the value out of businesses by loading them up with debt, breaking laws, mistreating customers, and exploiting employees. What happens to the carcass of the business or to the customers and employees whose lives have been destroyed doesn't…
No. That is not how language works. "Money laundering" does not mean putting paper bills into a washing machine. "Private equity" firms are a specific business structure besides the literal meaning.
"Private equity (PE) is stock in a private company that does not offer stock to the general public. "
https://en.wikipedia.org/wiki/Money_laundering
"Money laundering is the process of illegally concealing the origin of money obtained from illicit activities such as [...]"
Seems like I'm using the terms properly, and you're trying to inject extra connotations. What you're doing with '"Private equity" firms are a specific business structure besides the literal meaning' is basically the same as loudly proclaiming "all cyclists are assholes" and then walking it back with 'No. That is not how language works. "cyclists" does not mean people riding bikes. When I use "cyclists" I don't actually mean all cyclists, only the bad ones.'