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How Private Equity Conquered America

Chris Hedges and Gretchen Morgenson Scheerpost
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.

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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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