How private equity conquered America | The Chris Hedges Report

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 univerisites, 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 to discuss how private equity came to hold America hostage. This is the second part of an earlier interview, you can watch the first part here: Studio Production: Cameron Granadino, Adam Coley Post-Production: Adam Coley Watch The Chris Hedges Report live YouTube premiere on The Real News Network every Friday at 12PM ET: Listen to episode podcasts and find bonus content at The Chris Hedges Report Substack: The Real News is an independent, viewer-supported, radical media network. Help us continue producing The Chris Hedges Report by following us and making a small donation: Donate to TRNN: Sign up for our newsletter: Like us on Facebook: Follow us on Twitter: #chrishedges #therealnewsnetwork