Discover and read the best of Twitter Threads about #Bain

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THREAD:
1. We all saw the #destruction caused by visible #looting in #SAUnrest & communities are reeling from the impact. But about 1000 times of what it will cost to repair last week’s damage, was “invisibly” looted through #StateCapture & #corruption. Here are some highlights
2. According to @ShadowWorldInv1 the #ArmsDeal of the 1990’s cost SA an estimated R2,2 billion looted to pay bribes and kickbacks. To date nothing has been recovered. Money that could have changed the poor’s lives wasted on #GrandScaleLooting.
3. In 2015 @CompComSA found #construction companies #GroupFive, #WBHO, #BasilRead, Murray&Roberts, #Aveng & #StefanuttiStocks guilty of #colluding when building 2010 FIFA World Cup stadiums. This added R14 billion to construction costs. (Your taxmoney!)
Read 22 tweets
1/ My recent book TEMP was largely a history of how management consultants, especially ##McKinsey, destroyed the American Dream of job security.

#McKinsey helped teach corporations how to use outsourced labor.
2/ But McKinsey also learned how to do that in Silicon Valley, and then school the world.

This #thread is long, but so is #history.
3/

From top to bottom, the post-1970s job insecurity, legitimated by #McKinsey ideas, intertwined with the industrial undocumented workforce that made #Silicon Valley possible.
Read 74 tweets

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