Voters in several states consider initiatives on progressive measures that major corporations are working hard to defeat.
Private Equity
Posted inMoney, Politics, and Power
Women Bolster the Democrats’ Midwestern Prospects
Michigan Democrats are making a comeback. Women candidates, activists and voters are the reason why.
Posted inMoney, Politics, and Power
Private Equity Pillage: Grocery Stores and Workers At Risk
The private equity business model is to strip assets from companies that they acquire. The latest victims: retail grocery chains
Posted inMoney, Politics, and Power
Blackstone Spends Huge to Kill California Rent Control
Much of the $65 million campaign against the state’s rent-control initiative comes from giant private equity firms and real-estate investment trusts.
Posted inEconomic Policy
The Silver Lining of the New Gilded Age: Fewer Targets
When a private equity firm like Blackstone becomes a mega-landlord, money lender, and construction behemoth, many different progressive constituencies can come together to pressure and bargain with it.
Posted inMoney, Politics, and Power
How Independents May Swing Four Races for Governor
Closely divided contests this year magnify the role of independent candidates and voters.
Posted inEconomic Policy
How Sears Was Gutted By Its Own CEO
Eddie Lampert not only ran the company; he was also its largest creditor and the guy who sold major Sears assets to … Eddie Lampert.
Posted inEconomic Policy
It Was Vulture Capitalism that Killed Sears
Don’t blame Amazon or the internet. The culprit was a predatory hedge fund.
Posted inEconomic Policy
How BlackRock Rules the World
The planet’s largest investment fund handles Mexico’s pension funds—and owns the companies they invest in. Cozy!
Posted inWorking in America
It’s Not the ‘Future of Work,’ It’s the Future of Workers That’s in Doubt
For Labor Day, a call for a new union strategy from three prominent workers’ advocates.