How William Lazonick persuaded pols and pundits that the shareholder value theory was bad for business and society.
Recent Items
Saturday, October 5, 2024
Rebel Economist Breaks Through to Washington on How Shareholder Value Theory Rewards the Undeserving
Topics: Corporate governance, Free markets and their discontents, Guest Post, Investment management, Market inefficiencies, Politics, Ridiculously obvious scams, The dismal science
Posted by Yves Smith at 2:50 am | 29 Comments »
2:00PM Water Cooler 7/1/2019
Today’s Water Cooler: Temporariy semi-open thread.
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 90 Comments »
Plastic Watch: G20 Issues Pathetic Declaration
G20 issues Osaka Blue Ocean Vision, a voluntary plastic management plan so inadequate the plastic industry endorsed it immediately.
Topics: Doomsday scenarios, Environment, Guest Post, Politics, Regulations and regulators, Ridiculously obvious scams
Posted by Jerri-Lynn Scofield at 12:55 pm | 16 Comments »
Links 7/1/19
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 168 Comments »
Climate Change is Devastating India With Heat Waves and Water Shortages
Climate disasters in India are fueled by its resource mismanagement and fossil fuel consumption policies, says political economist Shouvik Chakraborty.
Topics: Doomsday scenarios, Environment, Global warming, Guest Post, India, Politics
Posted by Jerri-Lynn Scofield at 6:25 am | 15 Comments »
How Media Workers are Organizing in the Dual Economy
With journalism moving from a stable to a precarious profession, digital media workers have gotten serious about organizing.
Topics: Free markets and their discontents, Guest Post, Income disparity, Media watch, Politics, The destruction of the middle class
Posted by Yves Smith at 2:24 am | 5 Comments »
Escape(d) from New York
We are now officially out of New York.
Topics: Notices
Posted by Yves Smith at 1:10 am | 49 Comments »
Design Genius Jony Ive Leaves Apple, Leaving Behind Crapified Products That Cannot Be Repaired
The departure of Jony Ive gives Apple the chance to reboot its design philosophy to embrace reliability and repairability.
Topics: Environment, Income disparity, Technology and innovation
Posted by Jerri-Lynn Scofield at 12:25 pm | 79 Comments »
Links 6/30/19
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 240 Comments »
Taxcast: The Corporate Tax Haven Index, Solving the World’s Broken Tax System
This taxcast examines the Tax Justice Network’s new Corporate Tax Haven Index for what’s wrong with the taxation system and how to fix it.
Topics: Guest Post, Income disparity, Politics, Taxes
Posted by Jerri-Lynn Scofield at 4:55 am | 11 Comments »
Links 6/29/19
Topics: Guest Post, Links
Posted by Lambert Strether at 6:55 am | 179 Comments »
How a Central Asian Business Empire Dines Out on British Secrecy
Using the UK’s lax corporate transparency and accountability regime, international businesses can, in effect, mask interests and ownership at home.
Topics: Banana republic, Corporate governance, Guest Post, Regulations and regulators, Ridiculously obvious scams
Posted by Lambert Strether at 2:25 am | 7 Comments »
Are Cryptocurrencies the First Crack in the Wall to Regulate Facebook?
Like Icarus, the social media monopoly is flying too close to the sun and generating much regulatory heat, which could eventually lead to its downfall.
Topics: Currencies, Federal Reserve, Free markets and their discontents, Guest Post, Media watch, Payment system, Politics, Regulations and regulators, Ridiculously obvious scams
Posted by Yves Smith at 12:14 am | 37 Comments »
A Look at the Poor People’s Campaign: Theology and Ideology
“The poor you will always have with you.” Really?
Topics: Politics, The destruction of the middle class
Posted by Lambert Strether at 2:25 pm | 47 Comments »
2:00PM Water Cooler 6/28/2019
Today’s Water Cooler: Temporarily open thread.
Topics: Guest Post, Water Cooler
Posted by Lambert Strether at 2:00 pm | 190 Comments »