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| Asset stripping |
|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.
|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.|