Profiting on Crisis: How Predatory Financial Investors Have Worsened Inequality in the Coronavirus Crisis

A once-in-a-century pandemic has sparked an unprecedented health and economic crisis. Less examined is how predatory financial investors have shaped the crisis profited from it. We examine U.S. shadow banks, such as private equity, venture capital, hedge fund firms, affected hardship inequality during First, we identify these helped to hollow out care industry disenfranchise low-wage service sector, putting frontline workers at risk. then outline how, downturn unfolds, banks are shifting their investments in ways that profit on misfortunes of workers, vulnerable populations, distressed industries. After subsides governments withdraw stimulus support, employment will likely remain insecure, many renters face evictions, entire sectors need rebuild. Shadow planning accordingly fallout argue this case reveals accumulate capital through speculative exploit vulnerabilities system a time To conclude, consider prospects for change over time.