What Really Ails American Capitalism - News Summed Up

What Really Ails American Capitalism


It should be easy for critics of American capitalism to explain what is wrong after a decade where corporate profits and stock prices soared while wages barely rose. Instead, Sens. Chuck Schumer, (D., N.Y.) and Bernie Sanders (I., Vt.) are going after share buybacks. They say that companies prefer their own stock to the good things society wants, such as corporate investment, higher wages, paid sick leave, better health-care benefits and even worker training.


Source: Wall Street Journal February 10, 2019 15:00 UTC



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