Asset stripping
Asset stripping (Capitalism, Statecraft) | |
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A tactic used to centralise control and power. |
Asset stripping is a term that refers to the practice of selling off a company's assets in order to improve returns for equity investors.
An example
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Public-Private Partnership | An economic concept invented to loot public assets. |
Related Document
Title | Type | Publication date | Author(s) | Description |
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Document:It’s Not Socialism. It’s Another Mega Wealth Transfer. | blog post | 23 March 2020 | Craig Murray | Amid the COVID-19 panic, it has hardly been noticed that Carphone Warehouse went bust, with 2,900 people losing their jobs. Its co-founder, David Ross, is of course the billionaire that Boris Johnson claimed paid for his luxury holiday to Mustique, whereas Ross claimed he only organised it. |
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