How Mass Layoffs and Greed Are Destroying the Working Class and What to Do About It By Les Leopold In Wall Street’s War on Workers, Les Leopold, co-founder of the Labor Institute, provides a clear lens with which we can…
Author: Oner Tulum
Business Insider quotes and cites AIRnet research on Boeing’s stock buybacks.
Business Insider quotes and cites President of AIRnet Bill Lazonick’s INET-funded research on Boeing’s stock buybacks. The article is also cross-posted in MSN, Yahoo Finance, Business News, AOL, News Break, Star News, and Web Today.
Maryann P. Feldman
Maryann P. Feldman is the Watts Professor of Public Policy and Management at the Watts College of Public Service and Community Solutions at Arizona State University and research director at the Global Center for Technology Transfer. Professor Feldman chairs the…
Creating value or extracting it? An existential question.
In her blog “Thought Sparks“, Rita McGrath quotes and cites Lazonick’s book, Investing in Innovation: Confronting Predatory Value Extraction in the U.S. Corporation, and discuses “a board and governance level issue that doesn’t get nearly enough attention is whether firms…
William Lazonick joins Ralph Nader Radio Hour to discuss about “License to Loot”
On June 3, 2023, William Lazonick was Ralph Nader’s guest for his weekly talk show broadcast on the Pacifica Radio Network to talk about buybacks as “License to Loot.” Click HERE for the podcast to listen to this interview.
Losing Out in Critical Technologies: Cisco Systems and Financialization
by Marie Carpenter and William Lazonick Once the global leader in telecommunication systems and the Internet, over the past two decades the United States has fallen behind global competitors, and in particular China, in mobile- communication infrastructure—specifically 5G and Internet…
Sick with “Shareholder Value”: US Pharma’s Financialized Business Model During the Pandemic
by William Lazonick and Öner Tulum On August 16, 2022, Congress passed the Inflation Reduction Act, which, among other things, enables Medicare to negotiate the prices of certain high-cost prescription drugs, beginning in 2026.[1] Even though it is just one…
From Financialisation to Innovation in UK Big Pharma
AstraZeneca and GlaxoSmithKline by Öner Tulum, Antonio Andreoni and William Lazonick The tension between innovation and financialisation is central to the business corporation. Innovation entails a ‘retain-and-reinvest’ allocation regime that can form a foundation for stable and equitable economic growth….
Investing in Innovation: Confronting Predatory Value Extraction in the U.S. Corporation
ABSTRACT “Sustainable prosperity” denotes an economy that generates stable and equitable growth for a large and growing middle class. From the 1940s into the 1970s, the United States appeared to be on a trajectory of sustainable prosperity, especially for white-male…
Leonhard Kersten
PhD candidate and Researcher, Université Sorbonne Paris Nord & The Academic-Industry Research Network (theAIRnet) Leonhard Kersten is a PhD candidate in the Economics department at the Université Sorbonne Paris Nord in France. His research focuses on the evolution of the…
