On June 04 2013 , Bill Lazonick gave a talk on “The Explosion of Executive Pay and the Erosion of American Prosperity” at the Conference on a Bold Approach to the Jobs Emergency, sponsored by the Roosevelt Institute, in Washington DC. Click…
Author: admin
6 reasons your Apple product has become very uncool
By Lynn Stuart Parramore “It’s hard to identify the moment when a company once beloved by trendsetters becomes uncool. Sometimes the firm gets too big for its britches and starts pissing off its customers.”… [Click HERE to read the full…
Can you outthink Apple CEO Tim Cook? Probably not – and that’s why America is doomed!
By Eamonn Fingleton “People ask me why I am so negative on America. Not the least of my concerns is that U.S. corporations have long been splurging so much on buying back their own shares.”… [Click HERE to read the…
The corporate tax: Our mainstream parties fawned all over multinationals
By Michael Somerton “‘Tis much ado about nothing or, as Freud would have said, “the narcissism of small differences” (“How our tax inspectors fell in love with tycoons”, Nick Cohen). Britain’s mainstream parties pretend to differ on the taxation of…
Global Broadband Benchmarking 2013: Best Practice Lessons for Governments
By Martyn Roetter ♦ Is there a “one size fits all” set of international best practices for broadband policy? No, argues Martyn Roetter, because local circumstances are far too diverse. However, he says that there are many useful lessons to be drawn from experiences in different parts of the world. He reviews successful broadband projects in fifteen countries from five regions: Latin America, Africa, Asia, Europe, and North America. Based on these examples, and acknowledging their differences, Mr. Roetter distills common characteristics of successful (and unsuccessful) broadband policies in the areas of public-private partnerships, public funding of broadband, effectively competitive markets, spectrum management, and the role of government intervention. Ultimately, he concludes that the roles of government and the private sector must be complementary.
To reignite growth: ban share buybacks
By Kaveh Pourvand “Admittedly, the topic of share buybacks, when companies repurchase their shares to return money to investors, may not immediately set the pulses racing. However, if William Lazonick is right, cracking down on this practice may be crucial to getting…
The Financialization of the U.S. Corporation: What Has Been Lost, and How It Can Be Regained
Bill Lazonick’s article, “The Financialization of the U.S. Corporation: What Has Been Lost, and How It Can Be Regained,” Seattle University Law Review, 36, 2, 2013, is available for download. It is in the journal’s special issue on The Future of Financial…
Bill Lazonick gave a keynote lecture, “The Innovative Enterprise and Corporate Governance
On March 12, Bill Lazonick gave a keynote lecture, “The Innovative Enterprise and Corporate Governance”, at the conference on Financial Market Capitalism – Work – Innovation, run by Soziologisches Forschungsinstitut Göttingen (SOFI) an der Georg-August-Universität, Göttingen, Germany. Click for Conference Web…
The Third Globalization
By Dan Breznitz and John Zysman (Editors) Given the powerfully negative and ongoing impact of the Great Recession on western economies, the question of whether historically wealthy nations–the US, Western European countries, Japan–can stay wealthy has become an overriding concern…
Martyn Roetter published a letter to the editor of the Financial Times
On March 7, Martyn Roetter published a letter to the editor of the Financial Times in which he criticizes the decline of competition in the U.S. broadband service provider industry.