The logic of private equity capitalists is contrary to everything that it seems sound government, good governance, sensible pension fund planning and long term thinking should stand for. So why is Labour besotted with it?

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ABOUT RICHARD MURPHY
Richard Murphy is Professor of Accounting Practice at Sheffield University Management School. He is director of Tax Research LLP and the author of the Funding the Future blog. His best known book is ‘The Joy of Tax’.

This video was edited by Thomas Murphy.

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