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  • Predatory Value Extraction: How the Looting of the Business Corporation Became the US Norm and How Sustainable Prosperity Can Be Restored Hardcover – January 28, 2020

  • How High Drug Prices Inflate C.E.O.s’ Pay

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Latest News

Think Big Pharma Won’t Profiteer in the Race to Treat Coronavirus? Think Again.


May 5, 2020   

By Lynn Parramore “In a 2019 Gallup poll, Big Pharma ranked as the most disliked industry in America. Rosie Collington, […]

With working Americans’ survival at stake, the US is bailing out the richest


April 13, 2020   

By Morris Pearl  and William Lazonick “Without significant oversight, Congress’s economic relief bill will leave millions of everyday Americans in financial […]

CEOs Gorged on Buybacks for Years. Now They Want Bailouts.


March 26, 2020   

By William Lazonick “Congress is poised to impose restrictions on stock buybacks as a part of the multi-trillion-dollar recovery package that is […]

Top Economist: Instead of Basic Income, Let’s Keep People Working Productively During the Crisis


March 25, 2020   

By Lynn Parramore “As the pandemic rages, everyone is scrambling to figure out how to protect people getting economically pummeled. […]

4 Ways to Eradicate the Corporate Disease That is Worsening the Covid-19 Pandemic


March 23, 2020   

By William Lazonick, Matt Hopkins, Ken Jacobson, Lenore Palladino, Mustafa Erdem Sakinç, and Öner Tulum “It’s time for business executives, employees, and taxpayers to come together […]

Business resiliency means banning stock buybacks


March 19, 2020   

By Lenore Palladino “As millions face unemployment and dire financial prospects amid the coronavirus pandemic, hotels, airlines, and other large […]

Denmark is helping those who can’t work due to coronavirus – why isn’t the UK?


March 18, 2020   

By Rosie Collington “At just after 5pm on Monday, my phone rang. I missed the call – I was in […]

Shareholders Benefit, Don’t Add Value To Companies (Interview with William Lazonick)


February 27, 2020   

By Jan Miyazaki “William Lazonick, Professor of Economics at the University of Massachusetts, talks about his most recent book “Predatory Value […]

Is the Most Unproductive Firm the Foundation of the Most Efficient Economy?


January 31, 2020   

By William Lazonick “Edith Penrose’s 1959 book, The Theory of the Growth of the Firm [TGF], fits the definition of a “classic”: […]

Lazonick: Shareholders are looting the business corporation


January 25, 2020   

By Real Vision “Predatory value extraction is causing sagging productivity and growth problems at many US companies that are trying […]

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