
The Kingdom of Private Equity / George Scialabba
This Is Hell!
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Financialization and Labor Organizing in Capitalism
This chapter discusses the relationship between financialization and labor organizing in capitalism, exploring how it has led to the assault on unions throughout history. The speakers highlight the impact of private equity on union organizing efforts and the cruelties of neoliberalism. They analyze the factors that led to the downfall of the Bretton Woods agreements and discuss the aftermath of leaving Bretton Woods, resulting in a surge of financial speculation and deregulation.
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