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CANADALAND #914 Stock Buybacks: How Grocers Eat Themselves

COMMONS

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Shareholders, Workers, and Stock Buybacks

This chapter discusses the argument that shareholders are the only ones who make an investment in a company without taking a risk. It explores the misconception among economists about wage determination and the belief that the market simply allocates resources. The chapter also examines the perspective of companies and financial investors on share buybacks and criticizes their self-serving nature.

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