SoftBank CEO Masayoshi Son lost $70 billion when the first tech bubble burst. His Vision Fund is heavily invested in practically every tech IPO disaster this year.
Private Equity
Posted inHealth and Social Policy
How Private Equity Makes You Sicker
Investment firms have created consolidated hospital empires across America, leading to closures, higher prices, and suffering.
Posted inHealth and Social Policy
Private Equity Chases Ambulances
Investment firms have bought up emergency medical service companies, squeezing soaring profits from vulnerable patients.
Posted inDay One Agenda
Overhaul the Business of Wall Street
Remaking the financial system does not require any new laws.
Posted inMoney, Politics, and Power
Congress Returns With Health Care Bills at the Desk
There are lots of reasons why health care bills will get passed this fall. There are also lots of reasons why they won’t.
Posted inMoney, Politics, and Power
Private Equity Tries to Protect Another Profit Center
The fight in Congress heats up over surprise medical billing, another abuse of the public driven by the private equity industry.
Posted inTAP
Fighters Fight Ultimate Fighting
Here’s the true test of this age of corporate power: You can throw a dart at a board (one that includes all sectors of the economy, so a pretty big board) and inevitably hit a concentrated, exploitative industry. Today I toss a bull’s-eye toward … mixed martial arts! Not that you’d know this but there’s […]
Posted inCivil Rights in America
The Jobs Really Most Threatened by Machines
It’s not truckers. It’s cashiers.
Posted inWorking in America
How Workers Can Demand Climate Justice
A Bargaining for the Common Good approach to the climate crisis
Posted inTAP
The Pointless Caucus Chaos
Caucuses are an exclusionary and inferior option for selecting political preferences. Numerous states, including Colorado, Utah, Minnesota, Nebraska, and Washington, scrapped their caucus systems for the 2020 cycle, with the DNC encouraging the switch. Only four states will use caucuses on the Democratic side. But two of them—Iowa and Nevada—happen to be the crucial early […]
