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Can democracy in the United States survive naked dictatorial ambition and Christian nationalism in 2024? The biggest danger today: a vengeful would-be dictator and a cultist Christian nationalist movement that are reaching for absolute power in our country. Please help us to inform, to mobilize and to inspire the forces of multi-racial, radical, inclusive democracy to defeat this threat in 2024.

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Workers Funding Other Workers’ Misery

Rachel Phua The American Prospect
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.

Tidbits – May 4, 2023 – Reader Comments: Young Voters; Writers Strike; Corporate Evil – Workers Deaths, Polluters, Private Equity, Crypto Currency, Debt Crisis, School Vouchers; SpaceX Explosion; Portside Cooking Controversy; Lots of Announcements

Portside
Reader Comments: Writers Strike; Young Voters; Corporate Evil - Workers Deaths, Polluters, Private Equity, Crypto Currency, Debt Crisis, School Vouchers; SpaceX Explosion; Portside Cooking Controversy; Lots of Announcements; Cartoons; more

Private Equity Is Gutting America — And Getting Away With It

Brendan Ballou The New York Times
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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There Is No Replacement for a Safe and Fair Work Environment

Cesar Moreira Fortune.com
The bottling plant I work at just got acquired by investors who want to change the future of capitalism. Let’s see how they handle our immediate concerns. Private equity firm KKR acquired a majority stake in global beverage solutions company Refresco

How Foreign Private Equity Hooked New England’s Fishing Industry

Will Sennott Co-published by The New Bedford Light and ProPublica
Owned by a billionaire Dutch family, Blue Harvest Fisheries has emerged as a dominant force in the lucrative fishing port of New Bedford, Massachusetts. Its business model: benefit from lax antitrust rules and pass costs on to local fishermen.
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