thejapantimes, to business
@thejapantimes@mastodon.social avatar

Bain Capital says it plans to bolster its real estate team in Japan, making it the latest global investment firm seeking to capitalize on opportunities in the nation’s property market. https://www.japantimes.co.jp/business/2024/05/20/companies/bain-capital-to-boost-japan-real-estate-team/

pluralistic, to random
@pluralistic@mamot.fr avatar

Once, workers had "#DefinedBenefitsPensions," where employers promised to pay a certain amount every year from retirement to death. #JimmyCarter swapped that out for #401Ks, "market" pensions where you have to guess which stocks will be valuable or starve in your old age:

https://pluralistic.net/2020/07/25/derechos-humanos/#are-there-no-poorhouses

If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2023/11/08/fiduciaries/#but-muh-freedumbs

1/

pluralistic,
@pluralistic@mamot.fr avatar

But then there's the finance wing's appointments, like Judge , who ruled against 's attempt to block the rotten merger (don't worry, Khan's appealing):

https://pluralistic.net/2023/07/14/making-good-trouble/#the-peoples-champion

Perhaps the worst, though, is Biden's Secretary of Commerce , a private equity ghoul who did a stint for the notorious wreckers before founding her own firm.

16/

pluralistic, to random
@pluralistic@mamot.fr avatar

Ther's lots of ways to slice the #DemocraticParty coalition, but one important axis are the self-styled adults-in-the-room, who declare themselves realists, and the party's left wing, who are dismissed as idealists who don't understand politics: neither how to win elections nor how to wield power.

--

If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2023/07/10/thanks-obama/#triangulation

1/

pluralistic, (edited )
@pluralistic@mamot.fr avatar

The #ACA was an technocrat's iron-clad dream policy. It would work! After all, it "aligned the incentives" of healthcare investors and "harnessed markets" to drive efficiency. No one could accuse this policy - which was copypasted from former Massachusetts governor #MittRomney's #RomneyCare - of being "socialist." It was invented by a #BainCapital consultant!

12/

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