New perspectives on private equity and impact

Abstract

Two new books, Jeffrey Hooke’s The Myth of Private Equity (2021) and Laura Olson’s Ethically Challenged (2022), address the private equity business model as one avenue through which the financialization of our societies is occurring. While based on US data and examples, they provide lessons for those in countries around the world who are concerned about the antics of global finance that often skirt existing regulatory frameworks.