This new book explains why your elderly parents’ retirement home, the nursery where you drop your children, or the company that pipes water into your kitchen is taken over by an increasingly intricate and deregulated industry.
If a private equity fund is "buying something using a lot a debt, [then] all of that debt is loaded onto the company that the private equity fund has acquired."
"Private equity has moved into care homes, housing, water, nurseries and other essential services."
"We have the power for it to be done otherwise."
Hettie O’Brien: https://www.youtube.com/watch?v=gAJKiVQZaks via @oscarjiminy
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