Tag Archives | Productive Capability

Support for GOP tax scam drops as corporate America gorges on stock buybacks

By Andrea Germanos (originally published by Common Dreams) - Roughly six months after President Donald Trump put his signature on the GOP “tax scam,” a new poll reveals dwindling support for the corporate-friendly law whose benefits went mostly to the nation’s wealthiest… [Cross-posted from Common Dreams publication of June 27, 2018 at https://www.commondreams.org/news/2018/06/27/support-gop-tax-scam-drops-corporate-america-gorges-record-stock-buybacks]

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Out-of-luck’ line is gaining

By Maria Gutzeit (originally published by The Signal) - A parents’ program at our local school was one of many signs the Rust Belt Rebellion of the 2016 election was simply the tip of a giant iceberg that people don’t want to admit is a threat…. [Cross-posted from The Signal publication of February 20, 2017 at https://signalscv.com/2017/02/20/maria-gutzeit-luck-line-gaining/]

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Trump, Clinton, and the great jobs challenge

By Bob Abeshouse (originally published by Al Jazeera) - The deep discontent over jobs and the economy among large sectors of the American electorate goes a long way to explain the strange nature of the US presidential race this year. White, working-class voters who have been negatively affected by trade and technological change have rallied to […]

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Yellen challenges economists amid elusive great recovery

By Jack Gao (originally published by Institute for New Economic Thinking Perspectives) – In the annual economic conference organized by the Federal Reserve Bank of Boston, Janet Yellen’s speech was less about the current state of the U.S. economy than it was about the new questions posed for macroeconomics by the Great Recession and the subsequent slow recovery…. […]

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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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Shareholder proposals to exclude the impact of buybacks from exec comp metrics – will they become a trend?

By Cydney Posner (originally published by PubCo@Cooley) - A recurring demand by hedge funds activists is that the target company return capital to its shareholders by buying back its own stock. Data compiled by S&P and Bloomberg shows that companies in the S&P 500 spent 95% of their earnings on repurchases and dividends in 2014, including spending $553 […]

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Blackrock’s Fink calls on CEOs to focus on long-term goals

Sue Herera and Tyler Mathisen (originally published by Nightly Business Report) –  Televised interview with William Lazonick on Nightly Business Report (CNBC); segment at 19:34 – 23:02 Watch Video [Cross-posted from Nightly Business Report publication of February 2, 2016 at http://nbr.com/2016/02/02/nightly-business-report-february-1-2016-2/]

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Pay gap is election’s elephant in the room

By David Olive (originally published by Toronto Star) - This campaign will be remembered as one unmatched in modern times for its number and variety of proposed measures to improve economic justice. With just over two weeks remaining in the campaign, those measures already include big investments in job-creating infrastructure; universal daycare and pharmacare; a boost […]

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