The Ohio Town Ravaged by Private Equity

The transcript discusses the economic challenges faced by American towns, focusing on the impact of financialization and private equity. It highlights the implications of new tax laws, particularly carried interest, and the tension between corporate responsibility and shareholder interests. The discussion also touches on the rise of the gig economy and its effects on social contracts and community integration.

What are the dramatic effects of financialization on towns like Lancaster?

What are the potential unseen implications of the new tax law mentioned in the text?

How does the concept of carried interest impact the financialization of the economy?

What responsibilities do companies have towards their communities according to the text?

Discuss the implications of the gig economy on social contracts and community integration.