Emeritus Prof Christopher May14h ago

Care homes have become of great interest to Private Equity not least of all as they seem to be a sustainable source of income & profits.

In an excerpt from her new book Hettie O'Brien explores what this actually entails for people in care homes, the staff & those whose loved one are residents.

Its not a happy tale.

#CareHomes #PrivateEquity

https://www.theguardian.com/society/2026/mar/28/the-great-care-home-cash-grab-how-private-equity-turned-vulnerable-elderly-people-into-human-atms

The great care home cash grab: how private equity turned vulnerable elderly people into human ATMs

When did care homes come to be seen as recession-proof investments? And who pays the price?

The Guardian
Show threadNicole Parsons12h ago

@ChrisMayLA6

https://www.break-down.org/the-billionaire-machine-w-hettie-obrien/

Private equity is money laundering for the Epstein Class.

Crooks getting their cash legitimized using the housing market, public services, & government contracts.
Tax havens. Sanctions evasions. Tax evasion.

Hettie O'Brien
The Asset Class

Wendy Brown
The Ruins of Neoliberalism

Quinn Slobodian
Hayeks’s Bastards

Kate Raworth
Doughnut Economics

Nancy Maclean
Democracy in Chains

Grace Blakeley
Vulture Capitalism

1/

The Billionaire Machine w/Hettie O'Brien

You may never have heard of private equity firms like Blackstone, KKR, Bain Capital or the Carlyle Group, but in recent decades they have quietly become some of the most powerful companies in the world. They own your hospitals, your nurseries, your energy systems. Their reach stretches from once public

The BREAK—DOWN
Show threadNicole Parsons

2/

Reading list, continued...

Ha-Joon Chang
23 Things They Don’t Tell You About Capitalism

Will Davies
Nervous States

Dan Davies
The Unaccountability Machine

Oliver Bullough
Everybody Loves Our Dollars

Peter Oborne
The Assault On Truth

Nicholas Shaxson
Treasure Islands

Mark Blyth
Angrynomics

Yanis Varoufakis
Technofeudalism

Peter & David Schwartzman
Earth Is Not For Sale

Jamie Woodcock
The Fight Against Platform Capitalism

Jane Mayer
Dark Money

David Enrich
Datk Towers

8:02pmWeb
Show threadNicole Parsons12h ago

3/

Reading list, continued...

Davos Man: How the Billionaires Devoured the World
Peter S. Goodman

Capital in the Twenty-First Century
Thomas Piketty

Equality
Thomas Piketty

The Disinherited Majority
Charles Derber

People, Power, and Profits: Progressive Capitalism for an Age of Discontent
Joseph E. Stiglitz

Debt: The First 5,000 Years
David Graeber

Our problem isn't immigrants, women, or POC.

It's billionaires acting together to fry the planet & end democracy.

https://theconversation.com/the-epstein-revelations-have-exposed-how-boys-club-elites-avoid-accountability-276839

The Epstein revelations have exposed how ‘Boy’s Club’ elites avoid accountability

The Epstein case points beyond an individual scandal to a broader system of elites in which capital, insularity, and impunity underpin male domination.

The Conversation
Show threadgrabe12h ago
@Npars01 Klobuchar- Antitrust
Show threadbouriquet11h ago
@Npars01 This is the classic example of the old boys club, where you need to know someone to get in but once you’re in, you’re expected to have total loyalty under penalty of near-death (or worse), lips sealed. In exchange, they give you what seems to be power, access to wealth, luxury and forbidden and taboo pleasures. They also get complete power over your actions in the outside world, able to leverage your actions for their advantage.
It’s a literal deal with the devil.