What is GM CEO Mary Barra’s take-home pay? AIRnet researchers Matt Hopkins and William Lazonick explains it’s more than you are being told! “In striking General Motors (GM), Ford, and Stellantis, the United Auto Workers (UAW) has put the spotlight…
FEATURED NEWS & ARTICLES
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.
Tea Petrin, July 9, 1944-April 4, 2023.
With profound sadness, I am informing the AIRnet community of the passing on April 4, 2023, of Tea Petrin, a dedicated board member of the Academic-Industry Research Network since its founding in 2010. A professor at the University of Ljubljana…
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….
International workshop series on the German system of co-determination organized by WZB, theAIRnet, and IGZA
Together with the Berlin Social Science Center (Wissenschaftszentrum Berlin für Sozialforschung-WZB), the Academic-Industry Research Network (theAIRnet), and the Institute for the History and Future of Work (Institut für die Geschichte und Zukunft der Arbeit-IGZA) organized the German-American workshop series “The…
Boeing’s Deadly Design | American Greed
William Lazonick interview on “Boeing’s Deadly Design,” an episode of American Greed aired by CNBC on January 26, 2022. [Click HERE to read more]
Stock Buybacks Stand in the Way of Biden’s Infrastructure Plan
Hedge fund managers are pushing American firms to play Wall Street games instead of investing in technologies of the future. China doesn’t have that problem.
INET-AIR COVID VACCINE PROJECT
Mass-Producing COVID-19 Vaccines: Capacity, Scale, and Control In collaboration with the Institute for New Economics Thinking (INET), the AIR research team has embarked on a new research project (INET-AIR COVID VACCINE PROJECT) to study and report on the rollout of…