Private Equity - Another Blairite Legacy?

Tony Blair recently claimed that:

"Britain is one of the number one places in the world for private equity, and I think the private equity market brings a lot of benefits to our economy".

Read this article by John Harris in today's Guardian, to see why private equity is so destructive. This is just the latest in a long list of examples of the Labour Party abandoning the working classes in favour of the forces of capitalism.