www.theAIRnet.org

Tag Archives | Income Inequality

The resurgence of political authoritarianism: An interview with Noam Chomsky

By C. J. Polychroniou (originally published by Truthout) – Following the end of World War II, liberal democracy began to flourish in most countries in the Western world, and its institutions and values were aspired to by movements and individuals under authoritarian and oppressive regimes… [Cross-posted from Truthout publication of July 25, 2008 at https://truthout.org/articles/resurgence-of-political-authoritarianism-interview-with-noam-chomsky/]

Continue Reading 0

Why shareholder value droves income inequality

By Thomas Clarke (originally published by The Conversation) - The CEO of Domino’s Pizza takes home roughly 435 times the average full-time wage. Jeff Bezos has become the world’s richest person with a A$200 billion fortune off the backs of low-paid Amazon warehouse workers… [Cross-posted from The Conversation publication of July 25, 2018 at http://theconversation.com/why-shareholder-value-drives-income-inequality-100324]

Continue Reading 0

Is our focus on quarterly earnings hurting the U.S. economy

By Dwyer Gunn (originally published by Pacific Standard) - Last week, Jamie Dimon, the chief executive officer of JPMorgan Chase, and Warren Buffett, the well-known value investor and chairman of Berkshire Hathaway, penned an op-ed in the Wall Street Journal urging public companies to “consider moving away from providing quarterly earnings-per-share guidance… [Cross-posted from Pacific Standard publication of June 12, […]

Continue Reading 0

A prize masking a dilemma: the problem with stock buybacks

By Arthur S. Guarino (originally published by Foreign Policy News) - Stock buybacks are gaining in popularity among publicly-owned corporations and many of their shareholders. However, the financial implications for the corporation could be masking serious long-term problems and possibly hurt rather than help shareholders… [Cross-posted from Foreign Policy News publication of June 9, 2018 at http://foreignpolicynews.org/2018/06/09/a-prize-masking-a-dilemma-the-problem-with-stock-buybacks/]

Continue Reading 0

Exclusive: Democrats plan crackdown on booming stock buybacks

By Matt Egan (originally published by CNNMoney) - Senator Tammy Baldwin plans to introduce a bill on Thursday that would prohibit companies from repurchasing their shares on the open market, Baldwin told CNNMoney… [Cross-posted from CNNMoney publication of March 21, 2018 at https://money.cnn.com/2018/03/21/investing/stock-buyback-ban-baldwin/index.html]

Continue Reading 0

Stock buybacks (Interview with William Lazonick)

By Arnie Arnesen (originally published by The Attitude with Arnie Arnesen) – Interview with William Lazonick Click HERE to listen the interview [Cross-posted from The Attitude with Arnie Arnesen broadcast of March 7, 2018 at  http://www.wnhnfm.org/category/attitude-3/page/11/]

Continue Reading 0

The big and possibly dumb buyback boom,

By Justin Fox (originally published by Bloomberg View) - Buybacks are really popular right now! In February, according to research firm TrimTabs, U.S. corporations announced $153.7 billion in share repurchases – a new one-month record. Investment strategists at JPMorgan Chase & Co. estimate that buybacks will total more than $800 billion this year, which would also be a record… [Cross-posted from Bloomberg View publication of March 6, […]

Continue Reading 0

The big and possibly dumb buyback boom

By Justin Fox (originally published by Bloomberg View) - Buybacks are really popular right now! In February, according to research firm TrimTabs, U.S. corporations announced $153.7 billion in share repurchases – a new one-month record… [Cross-posted from Bloomberg View publication of March 6, 2018 at https://www.bloomberg.com/view/articles/2018-03-06/the-big-and-possibly-dumb-boom-in-corporate-share-buybacks]

Continue Reading 0

The buyback boondoggle is beggaring America

By Robert Reich (originally published by Newsweek) - Trump’s promise that corporations will use his giant new tax cut to make new investments and raise workers’ wages is proving to be about as truthful as his promise to release his tax returns… [Cross-posted from Newsweek publication of February 9, 2018 at http://www.newsweek.com/robert-reich-buyback-boondoggle-beggaring-america-802391] Newsweek article reprinted in eurasiareview publication of […]

Continue Reading 0

Defense firms spend big on lucrative buybacks

By Alex Nunes (originally published by Providence Journal) - Faced with the prospect of hiring thousands of workers to meet the surging demand for nuclear submarines, Navy contractor Electric Boat has turned to Rhode Island and Connecticut over the last two years to help defray by millions of dollars the cost of worker training… [Cross-posted from Providence […]

Continue Reading 0

developed by bodhiWeb