Bill Lazonick is an economist who researches and writes on the social foundations of innovative enterprise and is a critic of the financialized corporation.
A free download of the pdf of my book, Investing in Innovation: Confronting Predatory Value Extraction in the US Corporation is available until September 9:
cambridge.org/core/elements/…
Matt Hopkins and I have just published our article on Elon Musk's "pay" package: Elon Musk’s latest power grab: Will Tesla’s CEO become the world’s first trillion-dollar employee?
ineteconomics.org/perspectiv…
so stoked for our next releases
@AndrewBCollins about how the Tas Tepeler civilization gave birth to the serpent myth that carries through to modern day
@Lazonick with a breakneck tour of the fallout from forty years unregulated corporate raiding. Live for patrons now 🫳👇
Why is nobody talking about the fact that #USSteel authorized hundreds of millions in stock buybacks even as their executives said they needed investment from #nipponsteel to upgrade their obsolescent plant and equipment? businesswire.com/news/home/2…@Lazonick
You know that sneaking feeling that something is way out of whack in our economy? Pop in to this replay of my fascinating conversation with @Lazonick to unpack some of the reasons linkedin.com/events/71425380…
See the latest from Matt Hopkins, William Lazonick
How GM’s $10-Billion Buyback May Ice Its EV Transition | Institute for New Economic Thinking ineteconomics.org/perspectiv…#inet
"The main instrument of predatory value extraction is the open-market repurchase of the corporation’s own outstanding shares—aka stock buybacks—the overwhelming purpose of which is to manipulate the corporation’s stock price," argues @Lazonick:
ineteconomics.org/perspectiv…
Bill Lazonick on The Rise and Fall of the Black Blue-Collar Middle Class [interviewed by INET's Rob Johnson] youtu.be/zhbQNBZDXD8?si=hhSB… via @YouTube
🚨 BREAKING: The European Parliament has voted to adopt the directive on adequate minimum wages and stronger collective bargaining
This victory for the trade union movement couldn't come at a more important moment - Europe needs a pay rise!