Private Equity and the Demise of the Local - Couverture souple

Feldman, Maryann

Couverture souple

ISBN 10 : 1009321846 ISBN 13 : 9781009321846

Editeur : Cambridge University Press, 2024

Synopsis

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.

Détails de l'édition

• Éditeur: Cambridge University Press
• Date d'édition: 2024
• Langue: anglais
• ISBN 10: 1009321846
• ISBN 13: 9781009321846
• Reliure: Broché
• Nombre de pages: 98
• Coordonnées du fabricant: non disponible
• Personne responsable: Avery; https://www.avery.fr/; ; chemin des peupliers 27; Dardilly; France