Private Equity and the Demise of the Local: The Loss of Community Economic Power and Autonomy (Elements in Reinventing Capitalism) - Image 1

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Cambridge University Press Private Equity and the Demise of the Local: The Loss of Community Economic Power and Autonomy (Elements in Reinventing Capitalism)

Name: Private Equity and the Demise of the Local: The Loss of Community Economic Power and Autonomy (Elements in Reinventing Capitalism)
Brand: Cambridge University Press
Price: 52.95 GBP
Availability: InStock

Developmental Studies

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£53 today · 30-day average £50 · all-time low £46

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Description

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.

Product Specifications

Brand: Cambridge University Press
Format: hardcover
ASIN: 1009517201
Category: Books > Subjects > Politics, Philosophy & Social Sciences > Social Sciences > Human Geography > Developmental Studies
Domain: Amazon UK
Release Date: 23 May 2024
Listed Since: 08 April 2024

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Cambridge University Press Private Equity and the Demise of the Local: The Loss of Community Economic Power and Autonomy (Elements in Reinventing Capitalism)

Pricier than usual. £3 more than the 30-day average — we'd wait.

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