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

By Jan Miyazaki

William Lazonick, Professor of Economics at the University of Massachusetts, talks about his most recent book “Predatory Value Extraction: How the Looting of the Business Corporation Became the US Norm and How Sustainable Prosperity Can Be Restored”, which keys on how money is directed to shareholders and does nothing for business growth.”…

[Click HERE to listen the interview]

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