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Private Equity's Secret Plunder: What It Is and Why You Don't Know About It

This event was recorded live. As some feminist epistemologists (Gilligan, Belenky et al.) have taught us, seeing and seeking connections seems to be women’s ways of knowing. Our economics is lived in real complex communities. Our goal is to model how women can talk together and learn together about traditionally male territory still new to most women. Together we can construct a fuller knowledge and set of values now omitted from the mainstream “free market.” To that end, we're making the webinar—and will make all of them moving forward—available here for viewing forevermore.

Click here to access the event curriculum for further learning.

This year An Economy of Our Own is examining our economy's "financialization," a hocus pocus word to distract us from seeing US billionaires' ruthless power.

Private Equity, or PE, is another nice-sounding phrase to disguise a few pale males, who are strip-mining US businesses, loading up company debt, while eliminating jobs and services. PE targets our most vulnerable, capturing hospitals, nursing homes, day care centers, trailer parks, and retail stores, hollowing out communities. If you've lost a job, or noticed growing bankruptcies, learn how PE enriches a few behind closed doors, and importantly, what you can do to help stop a very real steal. 

We talked with Aliya Sabharwal, who spotlights Private Equity at the educational nonprofit network, Americans for Financial Reform, and Jess Newman of United for Respect, a multiracial movement working to hold Wall Street accountable for what they more accurately name Private Piracy. AEOO Digital Director Carmen Rios moderated the conversation.

ABOUT THE SERIES:

Our Zoom of Own Series brings women (and men!) together to construct a fuller knowledge and set of values now omitted from the mainstream “free market.” Together, we're flipping the script on a racist, sexist economy. Our economics is lived in real complex communities. Our goal is to model how women can talk together and learn together about traditionally male territory still new to most women.

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