Bookmarker is a personal project by @dellsystem to help with retaining reading material. Source on GitHub.

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6 years, 6 months ago

public pension funds and private equity

Private equity firms raise their money from a variety of external sources. One of the largest groups of investors is public pension funds, which means that ordinary taxpaying employees contribute to this misery-making project. Stockbridge’s $13 billion worth of funding, for example, comes mostly fr…

—p.32 The Baffler #50: The New Booboisie Misery Makers (28) by The Baffler
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6 years, 6 months ago

that’s private equity working as intended

Many news outlets have published stories lately describing this destructive force, a force so powerful that it controls the livelihoods of 5.8 million employees. That’s how many people work in the thirty-five thousand companies private equity firms own in the United States. And some of those articl…

—p.30 Misery Makers (28) by The Baffler
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6 years, 6 months ago

the right to read

For some insight into how this might be done, it is worth looking to the account of a call center worker who became part of a collective effort to organize his workplace. Union delegates talked to members about a range of issues, but…

—p.24 We Keep You Alive (14) by Lizzie O'Shea
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6 years, 6 months ago

it is the task of critical thinkers to ask

[...] We are told these jobs are unskilled, but the work is actually skilled; we are told it is often pointless and superfluous, and yet many workers find it to be meaningful. Unskilled jobs may be miserable and alienating, but it is the task of critical thinkers to ask: To what extent is this a re…

—p.23 We Keep You Alive (14) by Lizzie O'Shea
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6 years, 6 months ago

work that is undervalued and underpaid

There is now a widely held belief that those working unskilled jobs are getting the pay they deserve. Rather than acknowledging the demands of such work, or appreciating the psychological toll exacted by such labor, the prevailing view is that if these workers had an aptitude for something greater …

—p.22 We Keep You Alive (14) by Lizzie O'Shea