The Great Chicago Sell-Off

The world might be unrecognizable in seventy-five years, but at least Chicagoans like me know who we’ll be paying for parking. In 2008, our city entered into a seventy-five-year privatization contract with an investment conglomerate called Chicago Parking Meters llc (CPM) that includes Wall Street megabank Morgan Stanley, venture capital firm Alliance Capital Partners, and […]

When Chicago sold 36,000 parking spaces to a conglomerate for 75 years, they did more than just rip off their residents.

Illustration by Sam Taylor

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This post was originally published on Jacobin.


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Miles Kampf-Lassin | radiofree.asia (2024-05-02T09:41:09+00:00) » The Great Chicago Sell-Off. Retrieved from https://radiofree.asia/2022/06/06/the-great-chicago-sell-off/.
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