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”

When You Get That Wealthy, You Start Buying Your Own Bullshit

Harvard Business School invented the “leadership” industry—and produced a generation of corporate monsters. No wonder Sheryl Sandberg, one of the school’s most prominent graduates, lacks a functioning moral compass. by DUFF MCDONALD  Hive Sandberg arrives for a Senate Intelligence Committee hearing on September 5, 2018. By Tom Williams/CQ Roll Call. The ongoing three-way public-relations car wreck … Continue reading When You Get That Wealthy, You Start Buying Your Own Bullshit

4 Reasons Corporate Media Refuse to Talk About What Matters

  by Thom Hartmann  Independent Media Institute Jan 10, 2018 The media were all over Congresswoman Rashida Tlaib for recently calling Donald Trump a “motherfucker” in the context of wanting to impeach him. It got lots and lots of coverage, over a period of several days, while the really big work the Democrats were doing in the … Continue reading 4 Reasons Corporate Media Refuse to Talk About What Matters

A Propagandist of Privatization

by RON JACOBS Counterpunch Dec 14, 2018 Recently, a champion of capitalism named Alexander Markovsky penned an absurd little column for the website of The Hill, a publication dedicated to covering Capitol Hill and read by hundreds of Congresspeople and their staffs. The column was an argument for the privatization of America’s infrastructure: Let capitalism — not … Continue reading A Propagandist of Privatization

‘Lobbyists Are Here. Goldman Sachs Is Here. Where’s Labor? Activists?’ Tlaib and Ocasio-Cortez Pull Back Curtain on Corporate-Sponsored Freshman Orientation

"One of the best parts of Ocasio-Cortez's arrival in D.C. as a new leader is that she notices, and is revolted by, the corrupt, corporatist rituals that are so embedded in D.C. culture that most politicians and journalists barely notice them." by Jake Johnson Common Dreams Dec 6, 2018 Pulling back the curtain on the ostensibly "bipartisan" … Continue reading ‘Lobbyists Are Here. Goldman Sachs Is Here. Where’s Labor? Activists?’ Tlaib and Ocasio-Cortez Pull Back Curtain on Corporate-Sponsored Freshman Orientation

How Neoliberalism conned us into fighting climate change as individuals

by Martin Lukacs Guardian Would you advise someone to flap towels in a burning house? To bring a flyswatter to a gunfight? Yet the counsel we hear on climate change could scarcely be more out of sync with the nature of the crisis. The email in my inbox last week offered thirty suggestions to green my … Continue reading How Neoliberalism conned us into fighting climate change as individuals

Tax Fraud has been Legalized and Allows US Companies to Steal $180 Billion a Year

by Jon Schwarz Intercept Oct 26, 2018 ARE TAX HAVENS an enraging but tangential subject? Or do they have a powerful effect on how the U.S. economy functions and should therefore be a part of every political debate? The startling findings of a new academic study indicate that it’s the latter. Titled “The Exorbitant Tax Privilege,” the paper is … Continue reading Tax Fraud has been Legalized and Allows US Companies to Steal $180 Billion a Year