Asset stripping
Jump to navigation
Jump to search
 Asset stripping  (Capitalism, Statecraft)   | |
|---|---|
 | |
| 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
| Page name | Description |
|---|---|
| "Public-Private Partnership" | An economic concept invented to loot public assets. |
Related Document
| Title | Type | Publication date | Author(s) | Description |
|---|---|---|---|---|
| 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. |
Many thanks to our Patrons who cover ~2/3 of our hosting bill. Please join them if you can.
