I would high recommend the book The New Tycoons: Inside the Trillion Dollar Private Equity Industry That Owns Everything. The book was released 3 years ago and

I would high recommend the book The New Tycoons: Inside the Trillion Dollar Private Equity Industry That Owns Everything. The book was released 3 years ago and people are now waking up the devastations caused by the private equity firms everywhere. The fuel of private equity firms is yours and mine 401K. That's trillion of dollars of money floating around. PE firms gets tons of cash as debt which gets sold to 401K fund managers. So, in essence, PE firms get money from you and me to destruct the local businesses we depend on. The entire story of making businesses capital efficient is bullcrap. PE firms lives to make short term profits and move on. They are not into business for its philosophy, values and long term customer loyalty. They want to cut the cost, make it look profitable and sold it to sucker to cash out.