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A Virginia public library is fighting off a takeover by private equity
negativeTechnology
A public library in Virginia is pushing back against an attempted takeover by a private equity firm, sparking a debate over the privatization of public services. Locals and library advocates are raising concerns about profit-driven motives undermining free access to knowledge and community resources.
Editor’s Note: Libraries are more than just book lenders—they’re vital community hubs offering free education, internet access, and safe spaces. If private equity takes over, there’s a real risk these services could become paywalled or scaled back for profit. This isn’t just about one library; it’s part of a larger trend of public goods being eyed by investors, and the outcome could set a troubling precedent.
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