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Vulture capitalism is an investment strategy of buying shares in companies that are failing, in hopes of making a profit by dissolving the firm and selling the assets. This frees up those assets for more productive uses. Presumably, there was a relatively high demand for the company's resources to be employed in uses other than what the company was using them for, so wealth is created by this transaction.
- German Labor Unions Suffer From Workaphobia by Tim Swanson, May 2005