Private Equity Is Destroying America
Taylor Lorenz’s Power User
00:00
The Dark Side of Private Equity
This chapter examines the widespread impact of private equity on various industries, especially healthcare, retail, and housing. It highlights the detrimental effects of these investments on rural hospitals and beloved retail chains, showcasing how profit-driven motives strip away essential services and emotional connections. Furthermore, it discusses grassroots movements rising against these firms, emphasizing resilience and the need for reform amid corporate exploitation.
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