fromNon Profit News | Nonprofit Quarterly
4 days agoHow Private Equity Extracts Profit from Social Safety Net Systems - Non Profit News | Nonprofit Quarterly
Take the old example of Ross Perot: Before he was a presidential candidate, he made his fortune producing welfare forms for the federal government. Today, this dynamic has evolved into sophisticated disaster capitalism, where public benefit systems create ideal conditions for private equity extraction that devastate both vulnerable communities and nonprofits.
US politics