• Quokka@quokk.au
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      1 month ago

      Daycare is a multibillion dollar industry. The previous company I worked at here in Australia was owned by big an American private investment firm (Bain Capital).

      My centres company owned about 70 centres under them, and their owners had many other childcare corporations they owned across the globe.

      I work for a not for profit now and while they run 76 centres, they actually care about the children.

    • OpenPassageways@lemmy.zip
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      1 month ago

      Oh yeah, it’s perfect for corporate America. If fits the bill perfectly for abuse through corporate consolidation:

      • working class people NEED it to survive
      • workforce theoretically doesn’t require an advanced degree so is therefore ripe for exploitation

      These two things together are the holy grail of American capitalism because it means if a handful of companies control all the daycares then they can screw over both labor and consumers through corporate consolidation.

      We know the government will never break up the conglomerates, so that leaves unions to hold the ghouls accountable in which case they just close any daycare that unionizes, look for scabs, or try to replace humans with AI.