William Lazonick: The Market or the State? (3/6)

The video discusses the economic challenges faced by the US over the past decades, focusing on the shift from old to new economy models, financialization, and the impact of stock buybacks. It highlights the organizational failures leading to inequity and instability, the disappearing middle class, and the need for policy changes to foster innovation and equitable growth.

What are the implications of stock buybacks on corporate investment in innovation?

How does the speaker view the ideology of maximizing shareholder value?

What does the speaker suggest about the future of good jobs in the United States?

What are the proposed policy changes to address the issues in corporate practices?