Megan Greenwell’s book, Bad Company: Private Equity and the Death of the American Dream, reveals the profound effects of private equity on the American economy and workers. With a focus on personal stories, Greenwell illustrates how this largely unregulated sector has reshaped industries, leaving behind a trail of financial distress for many. Through the accounts of individuals like a Toys "R" Us supervisor and a Wyoming doctor, the narrative highlights the detrimental outcomes of profit-driven strategies and emphasizes the importance of worker resilience and activism in reclaiming their power against these forces.
"Private equity firms have quietly reshaped the US economy, often leaving financial ruin in their wake, impacting millions who work for them."
"The book captures four personal stories of individuals dramatically affected by private equity operations, highlighting innovation’s replacement by financial engineering."
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