🚨 BREAKING: The European Parliament has voted to adopt the directive on adequate minimum wages and stronger collective bargaining This victory for the trade union movement couldn't come at a more important moment - Europe needs a pay rise!

"The main instrument of predatory value extraction is the open-market repurchase of the corporation’s own outstanding shares—aka stock buybacks—the overwhelming purpose of which is to manipulate the corporation’s stock price," argues WLazonick: ineteconomics.org/perspectives/b…

Banning Buybacks [Bill Lazonick] youtu.be/r-5UVxoThfQ?si… via YouTube

Bill Lazonick on The Rise and Fall of the Black Blue-Collar Middle Class [interviewed by INET's Rob Johnson] youtu.be/zhbQNBZDXD8?si… via YouTube

Pleased to see Rita Gunther McGrath: Creating value or extracting it? An existential question. thoughtsparks.substack.com/p/creating-val…. Download the pdf of my book, Investing in Innovation: cambridge.org/core/elements/…

What the UAW and Everyone Else Needs to Know About CEO Pay | Institute for New Economic Thinking ineteconomics.org/perspectives/b… #inet

Journalist Asks GM CEO Mary Barra About $29 Million Paycheck After UAW Strike | Carscoops carscoops.com/2023/09/gm-ceo…

How GM’s $10-Billion Buyback May Ice Its EV Transition ineteconomics.org/perspectives/b…

See the latest from Matt Hopkins, William Lazonick How GM’s $10-Billion Buyback May Ice Its EV Transition | Institute for New Economic Thinking ineteconomics.org/perspectives/b… #inet

You know that sneaking feeling that something is way out of whack in our economy? Pop in to this replay of my fascinating conversation with WLazonick to unpack some of the reasons linkedin.com/events/7142538…

3 days to The Penrose Lectures by WLazonick at SOAS University of London - register free via soas.ac.uk/about/event/pe…

Musk and Tesla: Compensation or Control? | Institute for New Economic Thinking ineteconomics.org/perspectives/b… #inet

New working paper, Hopkins and Lazonick, "Tesla as a Global Competitor": ineteconomics.org/research/resea…; and our article on how Elon Musk secures strategic control at Tesla: ineteconomics.org/perspectives/b…

INET just posted the Tulum-Lazonick paper, "Setting Pharmaceutical Drug Prices": ineteconomics.org/uploads/papers… It is summarized in our article, “What is ‘Fair' Drug Price?”:  ineteconomics.org/perspectives/b…

Why is nobody talking about the fact that #USSteel authorized hundreds of millions in stock buybacks even as their executives said they needed investment from #nipponsteel to upgrade their obsolescent plant and equipment? businesswire.com/news/home/2021… WLazonick

so stoked for our next releases Andrew B Collins about how the Tas Tepeler civilization gave birth to the serpent myth that carries through to modern day WLazonick with a breakneck tour of the fallout from forty years unregulated corporate raiding. Live for patrons now 🫳👇

Sen. Tammy Baldwin questions SEC on its regulatory failure, given the negative economic impacts of stock buybacks: theairnet.org/v3/blog/2015/0…

My piece on HBR Blog Network: US Corporations Don't Need Tax Breaks on Foreign Profits - response to Icahn NYT oped hbr.org/2015/12/u-s-co…

"How to end the stock buyback deluge" Harold Meyerson's last regular Washington Post column: washingtonpost.com/opinions/how-t…: Repeal Rule 10b-18.