Private equity firms are buying up asbestos liability claims — and asbestos victims will pay the price.
Private equity and monopoly capitalists will destroy anything to make a buck, and they’ve turned their sights on TV and film. If you hated cable’s high prices, endless ads, and copycat programming, you’re going to loathe the future of streaming.
Blackstone, Apollo, and a handful of other firms are demolishing the US economy for short-term gain, and leaving workers and communities in the wreckage.
As states and the federal government pour money into early education, how will they keep a public good from becoming a private cash cow?
Private equity has made one-fifth of the market effectively invisible to investors, the media, and regulators.
Billions of dollars in public pension fund money flow to private equity–owned firms that union-bust, violate labor laws, and put workers’ safety at risk.
The US hospice system is supposed to provide compassionate end-of-life care. But private equity firms have swallowed up the industry: 7 out of 10 hospice agencies are now for-profit, putting profit maximization over patient well-being.
Workers are fighting back against private equity — the ruthless industry that strips and flips companies for profit.
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It’s an incentive system that encourages risky, even reckless behavior but, insulated from liability, they face little consequence if those plans fail. This explains why private equity firms often have such sorry consequences for everyone except themselves.
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