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RSherman

(576 posts)
14. Books about this
Tue Oct 31, 2023, 08:55 AM
Oct 2023

I just read "These are the Plunderers" and "The Privatization of Everything". I could only read one chapter at a time because the whole thing is so disturbing. A few people control everything. And regulators, CEOs, and legislators move back and forth seamlessly. Regulators whose duty is to protect consumers/employees/taxpayers begin to see how much $ can be made with private equity, so they become CEOs. Once CEO, they see what stands in their way. They become legislators to change the laws in their favor, then move back to private equity.

Latest Discussions»General Discussion»The Secretive Industry De...»Reply #14