Tag: poetry
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When Wall Street Owns the Culture—and the Cages.
Finance, Media, and the Carceral System in One Portfolio A small circle of financial giants—Vanguard, BlackRock, and State Street—holds outsized stakes in both private prison operators (CoreCivic and GEO Group) and cultural powerhouses (Paramount/BET, Universal Music Group, Warner/Atlantic). These asset managers do not run the day-to-day operations of these companies, but their concentrated ownership ensures…
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When Wall Street Owns the Culture—and the Cages.
Finance, Media, and the Carceral System in One Portfolio A small circle of financial giants—Vanguard, BlackRock, and State Street—holds outsized stakes in both private prison operators (CoreCivic and GEO Group) and cultural powerhouses (Paramount/BET, Universal Music Group, Warner/Atlantic). These asset managers do not run the day-to-day operations of these companies, but their concentrated ownership ensures…