Private Equity and the Demise of the Local

Language: English

Published by Cambridge University Press, GB, 2024

1009321846 / 9781009321846

Series: Book 9 of 15 - Elements in Reinventing Capitalism

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Seller: Rarewaves USA, HEBRON, KY, U.S.A.Rarewaves USA

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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.

Seller Inventory # LU-9781009321846

Title
Private Equity and the Demise of the Local
Author
Maryann Feldman, Martin Kenney
Publisher
Cambridge University Press, GB
Publication year
2024
Condition
New
Binding
Paperback
Language
English
ISBN 10
1009321846
ISBN 13
9781009321846
Item weight
160 grams
Dimensions
15.24 x 0.58 x 22.86 cm
Series
Book 9 of 15: Elements in Reinventing Capitalism

Rarewaves USA

HEBRON, KY, U.S.A.

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