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Special Episode: Megan Greenwell on Private Equity

Craft Industry Alliance

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The Dark Side of Private Equity

This chapter explores the misalignment between private equity firms' profit motives and the long-term health of businesses, emphasizing how these firms can jeopardize company stability through heavy debt and detrimental practices. It discusses the historical transition of a family-owned retail chain into private equity ownership, revealing the implications for communities and workers alike. Additionally, the chapter highlights the political influence of private equity firms and their ability to shape regulations that often favor short-term gains over sustainable business practices.

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