Profits without prosperity

CategoriesBookshelf (Study)., Homepage

It’s interesting how the argument is that share buybacks allows executives to collect handsome profits, without distributing the same with the working people. The article, and the video, explain the idea nicely.

I can’t help but wonder, what are the larger social, political and economic implications that will materialize because of the ongoing crisis? It seems likely that some changes – favorable or unfavorable to the general public – will attempt to be implemented during this tremulous time.

We already have the request to suspend constitutional rights due to the coronavirus:  One can only wonder, what is coming next.