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William Lazonick on How The Stock Market Killed Tech

Better Offline

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Stagnation and Innovation in Tech

This chapter analyzes the stagnation in the tech industry, marked by a lack of breakthrough innovations and a focus on profitability over societal needs. It discusses the implications of financialization on corporate growth, employee well-being, and innovation, and critiques the negative consequences of prioritizing short-term gains. The conversation also explores the socio-political landscape, reflecting on how current corporate practices impact broader social issues and political policies.

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