E-Book
Private Equity and the Demise of the Local
ISBN : 9781009321853
Author : Feldman
Publisher : Cambridge University Press
Year : 2024
Language : English
Type : E-book
Description : Capitalism is a powerful engine that requires finance. Private equity is part of the neoliberal transformation of capitalism that has failed the average citizen and unleashed a tsunami of leveraged acquisitions that have destroyed entire sectors of our economy. Private equity has become a powerful force that has moved from restructuring industrial firms to buying up just about any economic activity in local communities that has assets that can be monetized, without any consideration of the impact on the quality of life and well-being of the community. Th a process has been aided and abetted by government policy. The authors of this Element explain the workings of the private equity model and the reasons it has been so profitable. They document the effects of PE on firms and communities by examining a range of activities that once had a local focus. They conclude by offering policy recommendations.
RECOMMENDED BOOKS
Principles and Practices of Management and Organizational Behavior
Chandrani Singh
Creating the Post-Soviet Russian Market Economy
Daniel Satinsky
School-wide Systems for Multilingual Learner Success
Lisa Auslander
Working in Sport
Rocco Porreca
Generative AI in Practice
Bernard Marr
Active Packaging for Various Food Applications
M. Selvamuthukumaran
The Encyclopedia of Cocktails: The People, Bars & Drinks, with More Than 100 Recipes
Robert Simonson
Engineering Applications in Livestock Production
Ayon Tarafdar