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Richard Murphy

Why do Labour believe in private equity? youtu.be/R4YNFMhNiB4?si=EYyPxV The logic of private equity capitalists is contrary to everything that it seems sound government, good governance, sensible pension fund planning and long term thinking should stand for. So why is Labour besotted with it?

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@RichardJMurphy the short answer, my friend, is that #Labour abandoned their principles with #ClauseIV, and are now rootless political mercenaries for hire, happy to adopt the policies of whoever will pay them the most.