[thread] corporations/corporate malfeasance
Low-wage corporations spend $0.5 trillion on stock buybacks while workers struggle w. poverty wages
https://www.nationofchange.org/2024/08/30/low-wage-corporations-spend-over-half-a-trillion-on-stock-buybacks-while-workers-struggle-with-poverty-wages
* Institute for Policy Studies
* largest U.S. corporations spent more >$522 billion on stock buybacks since 2019
* enriches wealthy executives/shareholders while leaving workers behind
#capitalism #corporations #LegalPersons #libertarianism #WealthConcentration #billionaires #conservatism #PrivateEquity #inflation #greedflation