Private Equity Is Using Prison Phone, Food and Health Systems to Rack Up Profits

Private equity firms, one of the most powerful arms of Wall Street, have become key adversaries of movements from labor rights to climate action to housing justice. With their wealthy CEOs and aggressive cost-cutting tactics aimed at delivering big returns, these firms are one of the most rapacious expressions of financial profiteering today. This makes it all the more alarming that private equity…

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This post was originally published on Latest – Truthout.