Private

How Private Equity Conquered America

March 2, 2024 Chris Hedges, Scheer Post. Resistance Report Finance and the Economy, Mergers, Private, Private Equity

Private equity firms are buying up the US economy and stripping it for parts. From healthcare to education, utilities, and more, massive firms like Blackstone and the Carlyle Group have acquired vast holdings across critical industries essential to the health and well-being of everyday people. Instead of seeking to make these ventures more profitable, private equity firms are more likely to orchestrate to bleed their assets for short-term gains—even if those assets are universities, hospitals, or nursing homes. Gretchen Morgenson, author of These Are the Plunderers: How Private Equity Runs—and Wrecks—America, returns to The Chris Hedges Report.

Private Hospitals Will Be Made Public For Duration Of Coronavirus Pandemic

March 31, 2020 Orla Ryan, Thejournal.ie Educate! Coronavirus, COVID-19, Hospitals, Pandemics, Private, Public

Some 2,000 beds, nine laboratories and thousands of staff have been drafted into the public system, Leo Varadkar said at a press conference today. Speaking at the same press conference, Health Minister Simon Harris said “there can be no room for public versus private” when responding to the Covid-19 crisis. “We must of course have equality of treatment, patients with this virus will be treated for free, and they’ll be treated as part of a single, national hospital service. “For the duration of this crisis the State will take control of all private hospital facilities and manage all of the resources for the common benefit of all of our people. There can be no room for public versus private when it comes to pandemic,” Harris said. A further 219 cases of Covid-19 were confirmed in the Republic of Ireland last night, bringing the total number of cases here to 1,125.

Domestic Terrorism, Youth And The Politics Of Disposability

April 23, 2015 Henry A. Giroux, www.truth-out.org Educate! Capitalism, Education, Intellectual, Private, Public

Education is no longer a public good but a private right, just as critical thinking is no longer a fundamental necessity for creating an engaged and socially responsible citizenship. Neoliberalism's disdain for the social is no longer a quote made famous by Margaret Thatcher. The public sphere is now replaced by private interests, and unbridled individualism rails against any viable notion of solidarity that might inform the vibrancy of struggle, change, and an expansion of an enlightened and democratic body politic. One outcome is that we live at a time in which institutions that were designed to limit human suffering and indignity and protect the public from the boom and bust cycles of capitalist markets have been either weakened or abolished.

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