Tag Archives | Downsize-and-Distribute

An unacceptable price for low business taxes

By Abby Innes (Originally published by The Guardian) - The Labour pledge to raise corporate taxes (Report, 10 May) is the economically responsible reaction to the failures of corporate tax competition. The deductive mathematical models from supply-side economics that justify low corporate taxation assume that “the state” is purely self-seeking and “the firm” an efficient bundle […]

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Seattle Times is providing PR for Boeing’s greedy execs

By harles Mudede (originally published by The Stranger) - When Boeing announced yet another round of job cuts, and not just any old cuts, but cuts to technical and engineering jobs, Dominic Gates of the Seattle Times explained the situation exactly the way Boeing executives wanted it explained… [Cross-posted from The Stranger publication of April 26, 2017 at http://www.thestranger.com/slog/2017/04/26/25102415/seattle-times-providing-pr-for-boeings-greedy-execs]

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Delta Pilots Association – Retirement seminar

By Delta Pilots Association (DPA) (originally published by Delta Pilots Association Website) – Talk of William Lazonick in DPA Retirement Seminar (starts at 1:20:40) Watch Video [ Cross-posted from Delta Pilots Association Website of Agust 10, 2016 at https://webcast.crescentdigital.com/ob8y23 ]

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How MBA programs drive inequality

By Lynn Parramore (originally published by The Huffington Post) - Over the last several decades, American business executives have made decisions that have exacerbated the inequality that chokes prosperity for the country. They have misallocated resources and they have awarded themselves mind-boggling compensation packages while workers have suffered stagnant wages and increasing job insecurity. The stats […]

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Four of the largest Wall Street banks hit 12-month lows last week

By Pam Martens and Russ Martens (originally published by Wall Street on Parade) - Last Wednesday something noteworthy happened on Wall Street. Four of the largest Wall Street banks, each holding trillions of dollars in derivatives, hit new 12-month lows in intraday trading. The banks are Bank of America, Citigroup, Goldman Sachs and Morgan Stanley…. [Cross-posted […]

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Will the digital revolution make us all poorer?

By Simon Caulkin (originally published by Chartered Management Institute) - Whether they know it or not, life-changing economic decisions are looming for the new Conservative government. The biggest issues are productivity and jobs. Both are critical to the country’s future, and good performance would do more than anything to conjure away the deficit and restore the […]

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Will more regulation be imposed on stock buybacks

By Cydney Posner (originally published by PubCo@Cooley) - Lots of companies have been buying back their stock in recent years, either on their own initiative because, for example, management thinks the shares are undervalued, or sometimes at the insistence of  hedge fund activists bent on increasing the market price of the shares. [Cross-posted from PubCo@Cooley publication […]

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Hillary to Jeb Bush: The problem is CEOs, not their workers

By Jonathan Cohn (originally published by The Huffington Post) - Jeb Bush got a lot of attention last week when he suggested that Americans who want higher living standards need to work harder. During a speech on Monday, Hillary Clinton happily served up a rejoinder: It’s the people running companies, not their workers, whose behavior needs to change…. [Cross-posted […]

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How the SEC engineered every stock market bubble since 1982

By Daniel Drew (originally published by Zero Hedge) – Many Americans have discovered that those entrusted to protect us often become the most dangerous threats. Whether it’s corrupt cops, bogus journalists, or even Ponzi-scheming church elders, it’s not difficult to understand why trusting authorities has seemed like a risky proposition. Now, another institution deserves extra scrutiny… [Cross-posted from Zero […]

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