Private Equity and the Demise of the Local - The Loss of Community Economic Power and Autonomy

This Element explains the workings of the private equity model and the reasons for its profitability. The effects of PE on firms and communities have been documented by examining a range of activities that once had a local focus. Policy recommendations are mentioned.

List of contents

1. The state of the nation; 2. The private equity model and the looting of local economies; 3. Surveying the demise of the local; 4. What kind of future do we want?; References.

Summary

This Element explains the workings of the private equity model and the reasons for its profitability. The effects of PE on firms and communities have been documented by examining a range of activities that once had a local focus. Policy recommendations are mentioned.

Product details

• Authors: Maryann Feldman, Feldman Maryann, Martin Kenney, Kenney Martin
• Publisher: Cambridge Academic
• Languages: English
• Product format: Paperback / Softback
• Released: 31.05.2024
• EAN: 9781009321846
• ISBN: 978-1-00-932184-6
• Dimensions: 152 mm x 228 mm x 6 mm
• Weight: 160 g
• Illustrations: Worked examples or Exercises
• Series: Elements in Reinventing Capitalism
• Subjects: Natural sciences, medicine, IT, technology > Natural sciences (general); Non-fiction book > Politics, society, business > Politics; Business & Economics / Investments & Securities / General, Capitalism, BUSINESS & ECONOMICS / Economics / General, Small businesses & self-employed, BUSINESS & ECONOMICS / Development / General, BUSINESS & ECONOMICS / Small Business, BUSINESS & ECONOMICS / Development / Economic Development, SOCIAL SCIENCE / Developing & Emerging Countries, economic growth, Economic systems & structures, Small businesses and self-employment, Development Studies, Investment & securities, Investment and securities, BUSINESS & ECONOMICS / Freelance & Self-Employment