benda on Nostr: Excellent read (3 minutes) from a couple days ago. "Their looting adds nothing of ...
Excellent read (3 minutes) from a couple days ago.
"Their looting adds nothing of value to their companies, yet this sickness is spreading. In 1982 only 2 percent of corporate profits were used for stock buybacks. Now, nearly 70 percent of all corporate profits go to stock buybacks instead of research and development, environmental controls, and worker health and safety. And certainly not to provide job security nor livable wages."
https://www.commondreams.org/opinion/stock-buybacks-gm-uaw-strike
"Their looting adds nothing of value to their companies, yet this sickness is spreading. In 1982 only 2 percent of corporate profits were used for stock buybacks. Now, nearly 70 percent of all corporate profits go to stock buybacks instead of research and development, environmental controls, and worker health and safety. And certainly not to provide job security nor livable wages."
https://www.commondreams.org/opinion/stock-buybacks-gm-uaw-strike