Care home investors rake in billions from pensioners
96% of elderly care privatised. Private equity moving in.
Focus on short-term profits, cut wages/staff, low investment, poor care.
27% price hike. £1.5bn taken by shareholders.
Need integrated healthcare, not sharks.
https://archive.ph/0HR8Y
96% of elderly care privatised. Private equity moving in.
Focus on short-term profits, cut wages/staff, low investment, poor care.
27% price hike. £1.5bn taken by shareholders.
Need integrated healthcare, not sharks.
https://archive.ph/0HR8Y
Comments
For the residents in the Homes owned by Private Equity, their lives are fully commodified.
Care isn't actually cheap,
But their lives are! 🤑💀
UK is run for business interests, not for its people.
They may call themselves New Labour, Conservatives or Reform; they are all austerity tories.
May they rot in hell.
Seriously, the existence of private equity is late-stage capitalism on meth.