Name: Private Equity and the Demise of the Local: The Loss of Community Economic Power and Autonomy (Elements in Reinventing Capitalism) (en Inglés)
Price: 295.01 PEN
Availability: InStock
Author: Maryann Feldman; Martin Kenney
ISBN: 9781009517201

portada Private Equity and the Demise of the Local: The Loss of Community Economic Power and Autonomy (Elements in Reinventing Capitalism) (en Inglés)

Private Equity and the Demise of the Local: The Loss of Community Economic Power and Autonomy (Elements in Reinventing Capitalism) (en Inglés)

Formato

Libro Físico

Editorial

Cambridge University Press

Autor

Maryann Feldman; Martin Kenney

Idioma

Inglés

N° páginas

Encuadernación

Tapa Dura

ISBN13

9781009517201

Private Equity and the Demise of the Local: The Loss of Community Economic Power and Autonomy (Elements in Reinventing Capitalism) (en Inglés)

Maryann Feldman; Martin Kenney (Autor) · Cambridge University Press · Tapa Dura

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Reseña del libro "Private Equity and the Demise of the Local: The Loss of Community Economic Power and Autonomy (Elements in Reinventing Capitalism) (en Inglés)"

Capitalism is a powerful engine that requires finance. Private equity is part of the neoliberal transformation of capitalism that has failed the average citizen and unleashed a tsunami of leveraged acquisitions that have destroyed entire sectors of our economy. Private equity has become a powerful force that has moved from restructuring industrial firms to buying up just about any economic activity in local communities that has assets that can be monetized, without any consideration of the impact on the quality of life and well-being of the community. Th a process has been aided and abetted by government policy. The authors of this Element explain the workings of the private equity model and the reasons it has been so profitable. They document the effects of PE on firms and communities by examining a range of activities that once had a local focus. They conclude by offering policy recommendations.