Share Buybacks and the Contradictions of “Shareholder Capitalism”

by Julius Krein  American Affairs Dec 13, 2019 In the jargon of finance, America is suffering from a capital allocation problem. The country seems incapable of making the necessary investments to fuel future productivity and growth, or to ensure widespread prosperity. At the government level, public spending on basic research and development as well as … Continue reading Share Buybacks and the Contradictions of “Shareholder Capitalism”