Private equity’s plan to pillage America (with Brendan Ballou)

Private equity’s plan to pillage America (with Brendan Ballou)

Over the last decade, private equity firms wiped out nearly 600,000 jobs in the retail sector by taking over and bankrupting major retailers like Toys R Us and Payless Shoes. But in that same time, private equity also destroyed companies in healthcare, housing, medicine, and many other industries that affect our everyday lives. Today’s guest, federal prosecutor Brendan Ballou, explains how we can stop private equity’s plan to pillage America. Brendan Ballou is a federal prosecutor and served as Special Counsel for Private Equity in the Justice Department's Antitrust Division. Previously, he worked in private practice, and before that, in the National Security Division of the Justice Department, where he advised the White House on counterterrorism and other policies. Twitter: @brendanballou Plunder: Private Equity's Plan to Pillage America https://www.hachettebookgroup.com/titles/brendan-ballou/plunder/9781541702103 Private Equity is Out of Control and Looting America. This Prosecutor Says We Can Fix It. https://www.ineteconomics.org/perspectives/blog/private-equity-is-out-of-control-and-looting-america-this-prosecutor-says-we-can-fix-it Website: http://pitchforkeconomics.com Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick’s twitter: @NickHanauer

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Myths That Built Trickle-Down Economics: Austerity Politics (with Clara Mattei)

Myths That Built Trickle-Down Economics: Austerity Politics (with Clara Mattei)

This week, we’re continuing our archive miniseries, Myths That Built Trickle-Down Economics, with the myth that austerity is responsible economic policy. We’re revisiting this conversation now becaus...

14 Heinä 48min

Myths That Built Trickle-Down Economics: Zombie Economics (with Paul Krugman)

Myths That Built Trickle-Down Economics: Zombie Economics (with Paul Krugman)

This week, we’re continuing our archive miniseries, Myths That Built Trickle-Down Economics, with the myth that bad economic ideas die once the evidence proves them wrong. They don’t. They come back ...

7 Heinä 44min

Myths That Built Trickle-Down Economics: Shareholder Value (with William Lazonick and Lenore Palladino)

Myths That Built Trickle-Down Economics: Shareholder Value (with William Lazonick and Lenore Palladino)

This week, we’re continuing our archive miniseries, Myths That Built Trickle-Down Economics, with the myth that corporations exist to maximize shareholder value. For decades, Americans were sold the ...

30 Kesä 47min

Myths That Built Trickle-Down Economics: Regulations Kill Growth (with Robert Reich)

Myths That Built Trickle-Down Economics: Regulations Kill Growth (with Robert Reich)

This week, we’re kicking off our archive miniseries, Myths That Built Trickle-Down Economics, with one of the most persistent myths in American politics: that regulation kills growth. Corporate lobby...

23 Kesä 39min

AI Job Loss Is Real. The Catastrophe Is Optional (with Kathryn Edwards)

AI Job Loss Is Real. The Catastrophe Is Optional (with Kathryn Edwards)

AI doomsdayers want us to believe mass job loss would be unprecedented. But Kathryn Anne Edwards has a sharp reminder: In the first five weeks of the pandemic, the U.S. economy shed 22.5 million jobs—...

16 Kesä 38min

The Policy Choices That Suppressed American Wages (with Josh Bivens and Larry Mishel)

The Policy Choices That Suppressed American Wages (with Josh Bivens and Larry Mishel)

Why have wages for working Americans stagnated for decades—even as productivity, corporate profits, and the wealth of the people at the top continued to rise? The mainstream explanations are familiar...

9 Kesä 38min

Market Humanism: A New Operating System for the Economy (with Nick Hanauer)

Market Humanism: A New Operating System for the Economy (with Nick Hanauer)

For the first time in Pitchfork Economics history, Nick Hanauer is on the other side of the mic. Goldy and Paul sit down with Nick to discuss Market Humanism: the emerging economic paradigm he and Er...

2 Kesä 56min

What Comes After Neoliberalism? (with Nick Hanauer & Eric Beinhocker)

What Comes After Neoliberalism? (with Nick Hanauer & Eric Beinhocker)

This week, we’re sharing a special episode from Washington Monthly featuring Pitchfork Economics co-host Nick Hanauer and Oxford professor Eric Beinhocker in conversation with Anne Kim about Market Hu...

26 Touko 31min

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