Private Equity Bought the World – And Dug Capitalism’s Grave

Secret backrooms where deals are done in private: the realm of conspiracy theories? Or an increasingly large part of capitalism?

Since the financial crisis, some of the big winners have been private equity firms. They’ve snapped up bargains on everything from high street brands, to care homes and nurseries – and maybe even the house you own.

Hettie O’Brien is a journalist for The Guardian and the author of The Asset Class: How Private Equity Turned Capitalism Against Itself.

She spoke to Richard Hames about private equity’s secret influence over the ways we are all born, work, and die – and what it all has to do with the rise of the far right.

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