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Predatory Value Extraction Turns the World - Dr. Bill Lazonick, UMass Economics/AIRnet, #314

The DemystifySci Podcast

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U.S. Competitiveness and Stock Buybacks

This chapter examines the challenges faced by the U.S. in remaining competitive in key technological sectors, particularly focusing on the detrimental role of stock buybacks by major corporations. The discussion highlights how corporate strategies divert investment from essential innovations, impacting the economy and exacerbating inequality. Through case studies and historical reflections, the chapter advocates for reevaluating investment practices and policy reforms to support technological advancement and address wealth disparities.

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