📖🎧 Want to dive deeper? Get the book or audiobook on Amazon here.
In this episode, we discuss Bad Company: Private Equity and the Death of the American Dream—a powerful exposé that investigates the destructive impact of private equity on American workers, communities, and the broader economy. The book reveals how private equity firms, driven by the pursuit of maximum profit and investor returns, acquire businesses across key industries—retail, healthcare, housing, journalism—and often leave devastation in their wake.
Through deeply personal stories and investigative reporting, the book highlights the human cost of this financial model: former Toys R Us employees left jobless and without severance, crumbling healthcare services in towns like Riverton, Wyoming, and deteriorating living conditions in private equity-owned housing complexes like Southern Towers. From hospitals and nursing homes to mobile home parks and newspapers, Bad Company exposes how financialization is reshaping American life—and why growing coalitions of individuals, workers, and advocacy groups are fighting back to reclaim economic justice and accountability.
Key Takeaways:
How private equity firms operate and why their practices often harm communities
The real-life impact of financial engineering on jobs, healthcare, and housing
Case studies of Toys R Us, Southern Towers, and rural hospitals
The broader consequences of financialization on the American Dream
How grassroots efforts are pushing back against unchecked corporate power
Note: As an Amazon Associate, Book Decoded earns from qualifying purchases.
#BadCompanyBook #PrivateEquity #EconomicJustice #Financialization #AmericanDream #CorporateAccountability #ToysRUs #SouthernTowers #HealthcareCrisis #HousingInequality #JournalismCrisis #WorkersRights #EconomicInequality #PEFirms #WallStreetReform #CommunityImpact #AdvocacyForChange #LaborRights
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By Turning Page
1.2
55 ratings
📖🎧 Want to dive deeper? Get the book or audiobook on Amazon here.
In this episode, we discuss Bad Company: Private Equity and the Death of the American Dream—a powerful exposé that investigates the destructive impact of private equity on American workers, communities, and the broader economy. The book reveals how private equity firms, driven by the pursuit of maximum profit and investor returns, acquire businesses across key industries—retail, healthcare, housing, journalism—and often leave devastation in their wake.
Through deeply personal stories and investigative reporting, the book highlights the human cost of this financial model: former Toys R Us employees left jobless and without severance, crumbling healthcare services in towns like Riverton, Wyoming, and deteriorating living conditions in private equity-owned housing complexes like Southern Towers. From hospitals and nursing homes to mobile home parks and newspapers, Bad Company exposes how financialization is reshaping American life—and why growing coalitions of individuals, workers, and advocacy groups are fighting back to reclaim economic justice and accountability.
Key Takeaways:
How private equity firms operate and why their practices often harm communities
The real-life impact of financial engineering on jobs, healthcare, and housing
Case studies of Toys R Us, Southern Towers, and rural hospitals
The broader consequences of financialization on the American Dream
How grassroots efforts are pushing back against unchecked corporate power
Note: As an Amazon Associate, Book Decoded earns from qualifying purchases.
#BadCompanyBook #PrivateEquity #EconomicJustice #Financialization #AmericanDream #CorporateAccountability #ToysRUs #SouthernTowers #HealthcareCrisis #HousingInequality #JournalismCrisis #WorkersRights #EconomicInequality #PEFirms #WallStreetReform #CommunityImpact #AdvocacyForChange #LaborRights
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