Making Money cover image

Who's really crashing the economy? Ha-Joon Chang

Making Money

CHAPTER

Corporate Profit Priorities and Innovation

This chapter highlights the troubling trend of profit allocation in US and UK corporations, where dividends and share buybacks have stifled innovation and long-term growth. It argues for regulatory changes to encourage reinvestment in operations and discusses the adverse effects of prioritizing short-term shareholder value on corporate governance.

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