William Lazonick

We Stopped Pfizer’s Giant Tax Dodge, Now Let’s End the Stock Market Manipulation

This post originally appeared on the blog for the Institute for New Economic Thinking.

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How Pfizer Rips All of Us Off on a Mindblowing Scale

This post orginally appeared on the blog of the Institute for New Economic Thinking.

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Why Everyone Does Better When Employees Have a Say in the Workplace

In manufacturing plants all over the world, both managers and workers have discovered that when employees are involved in workplace decision-making, productivity rises. So in the United States, it made national news when on Feb. 14, 2014 workers at the Volkswagen auto plant in Chattanooga, Tennessee rejected representation by the United Automobile Workers by a vote 712 to 626. 

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Robots Don't Destroy Jobs; Rapacious Corporate Executives Do

Americans are understandably upset about profits without prosperity. Corporate executives seem to be the big winners, while the middle class is declining and young people face a bleak economic future. How did this happen? It's easy to blame technology, especially the automation that supposedly displaces workers. But that's not the real story. The fact is that automation creates jobs. It's the misuse of corporate profits that is destroying them.

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To Build Prosperity, Britain Should Not Copy America's Failing Corporate Model

What the UK economy needs is an approach to economic policy that focuses on co-ordinated and concerted investments for prosperity by governments, households, and businesses. As the Labour party develops its policy programme for 2015 and beyond, the role of investment for prosperity needs to be confronted head on.

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3 Corporate Myths that Threaten the Wealth of the Nation

Corporations are not working for the 99%. But this wasn’t always the case. In a special 5-part AlterNet series, William Lazonick, professor at UMass, president of the Academic-Industry Research Network, and one of the leading expert on the American corporation, along with journalist Ken Jacobson and AlterNet’s Lynn Parramore, will examine the foundations, history, and purpose of the corporation to answer this vital question: How can the public take control of the business corporation and make it work for the real economy?

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How High CEO Pay Hurts the 99 Percent

Corporations are not working for the 99 percent. But this wasn’t always the case. In a special five-part series, William Lazonick, professor at UMass, president of the Academic-Industry Research Network, and a leading expert on the business corporation, along with journalist Ken Jacobson and AlterNet’s Lynn Parramore, will examine the foundations, history and purpose of the corporation to answer this vital question: How can the public take control of the business corporation and make it work for the real economy?

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How American Corporations Transformed from Producers to Predators

Corporations are not working for the 99 percent. But this wasn’t always the case. In a special five-part series, William Lazonick, professor at UMass, president of the Academic-Industry Research Network, and a leading expert on the business corporation, along with journalist Ken Jacobson and AlterNet’s Lynn Parramore, will examine the foundations, history and purpose of the corporation to answer this vital question: How can the public take control of the business corporation and make it work for the real economy?

Keep reading... Show less
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