The Shareholder Revolution Devours Its Children
The economy has been rigged to channel wealth to a tiny elite.
“From the 1950s to 1970s, shareholders took about a third of corporate profits. Since the year 2000, they’ve been taking more than twice that.” Good, clear piece from
on the growth of dividends and buybacks and why it matters
I have a piece in
talking about the growth of dividends and buybacks. If shareholders were paid the percentages they were paid in the 1960s-70s, the difference could give every worker in the country a $3,500 raise.
The Shareholder Revolution Devours Its Children via
The Shareholder Revolution Devours Its Children: The economy has been rigged to channel wealth to a tiny elite.
Special thanks to
for her creativity with handling the graphics for The Score column, especially when every prep call I'm like "the image should be centered around a disgusting rich person again." cc