The Scourge of Corporate Financialization: Income Inequity, Employment Instability, Productive Fragility
Stock buybacks, aka corporate financialization, as a mode of predatory value extraction
Source: nakedcapitalism.com
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Repairing a Fractured World Economy? | naked capitalism
Richard Kozul-Wright describes the current world economic disorder, and discusses possibilities and limits of effective regional responses
Source: nakedcapitalism.com
China as a Developmental State: Indigenous Innovation and Global Competition
China chose a successful technological development path, in contrast to the corporate financialization model in the United States.
Source: nakedcapitalism.com
Does America Want a CHIPS for Buybacks Act?
To bring more chips-making back to the US, Congress should condition additional funds on suspending stock buybacks.
Source: nakedcapitalism.com
POLITICO Playbook: Pelosi's big headache — and the Post's black-box editor search
POLITICO Playbook: Pelosi’s big headache — and the Post’s black-box editor search Presented by Facebook People will feel jilted if they don’t get an invite to Joe Biden’s address. And Speaker Nancy Pelosi can’t afford that now because her majority is so narrow. | Patrick Semansky/AP Photo DRIVING THE DAY PELOSI’S LATEST HEADACHE — “Lawmakers scramble for ‘musical chairs’ to view Biden’s first Capitol speech,” by Mel Zanona and Sarah Ferris: “Which is a hotter ticket: Beyonce’s first post-pandemic concert or President Joe Biden’s first address to Congress? Washi...
Source: politico.com