The DemystifySci Podcast cover image

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

The DemystifySci Podcast

CHAPTER

Restructuring for Sustainable Growth

This chapter explores the transformation of large companies into smaller, specialized units to boost productivity and focus on sectors like healthcare and energy. It critiques the prevailing shareholder value ideology and its negative impact on innovation and employee welfare, advocating for strategies that prioritize sustainable practices and worker compensation. The discussion also examines the shift in corporate recruitment and compensation models since the rise of new economy firms, emphasizing the broader economic implications of stock market behaviors.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner