
On Technofeudalism: Rent Seeking in Late Stage Monopoly Capitalism
Rev Left Radio
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Exposing the Pharma-Private Equity Nexus
This chapter delves into the exploitative dynamics between the pharmaceutical industry and private equity firms, revealing how public funding for drug research leads to inflated consumer prices. It critically examines the detrimental effects of private equity practices, particularly in nursing homes, highlighting worker layoffs and compromised care quality due to profit-driven motives.
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