Why Private Equity Should Not Exist - BIG by Matt Stoller

(Big issue 7-30-2019)

Hi, Welcome to Big, a newsletter about the politics of monopoly. If you’d like to sign up, you can do so here. Or just read on… Today I’m going to discuss address the nascent political attack on private equity, the financial model in commerce which more than any other defines the Western political landscape. The most important signal of this attack is in the Democratic Presidential campaign, where candidates are being pressured on what they will do about PE. Sure enough, Senator Elizabeth Warren, the standard bearer for sophisticated policy thinking, recently announced a plan to rein in…

related reading

• What is private equity, and why is it killing everything you love?vox.com
• The enshittification of things (and a list of private equity-owned companies) – Crystal Leecrystaljjlee.com
• Built to Own - Colossuscolossus.com
• History of private equity and venture capital - Wikipediaen.wikipedia.org
• Peter Thiel Is Taking a Break From Democracy - The Atlantictheatlantic.com
• w29743.pdfnber.org
• The Secret Diary of a ‘Sustainable Investor’ — Part 1 | by Tariq Fancy | Mediummedium.com
• Balance of powervitalik.eth.limo
• Silicon Valley, the New Lobbying Monster | The New Yorkernewyorker.com
• Why Law Firms Could Be Private Equity’s Next Conquestforbes.com
• Blog Feed – Kinetic Energy Ventures12mv2.com
• From Investment to Savings: When Finance Feeds on Itself - American Affairs Journalamericanaffairsjournal.org