Excellent read (3 minutes) from a couple days ago.
"Their looting adds nothing of value to their companies, yet this sickness is spreading. In 1982 only 2 percent of corporate profits were used for stock buybacks. Now, nearly 70 percent of all corporate profits go to stock buybacks instead of research and development, environmental controls, and worker health and safety. And certainly not to provide job security nor livable wages."
https://www.commondreams.org/opinion/stock-buybacks-gm-uaw-strike
benda /
npub1f5…yje7n
2023-10-12 22:04:51
Author Public Key
npub1f5jg090ezuy0ufdx9g936elryf3knsry824q4nqmqcw5lu30k0yqvyje7nPublished at
2023-10-12 22:04:51Event JSON
{
"id": "65e1f7b5231b43d4e19f8831a50aa7d25575706803dceb7328236d1f3c2da9dc",
"pubkey": "4d248795f91708fe25a62a0b1d67e3226369c0643aaa0acc1b061d4ff22fb3c8",
"created_at": 1697148291,
"kind": 1,
"tags": [
[
"proxy",
"https://kolektiva.social/users/benda/statuses/111224310401390407",
"activitypub"
]
],
"content": "Excellent read (3 minutes) from a couple days ago.\n\n\"Their looting adds nothing of value to their companies, yet this sickness is spreading. In 1982 only 2 percent of corporate profits were used for stock buybacks. Now, nearly 70 percent of all corporate profits go to stock buybacks instead of research and development, environmental controls, and worker health and safety. And certainly not to provide job security nor livable wages.\"\n\nhttps://www.commondreams.org/opinion/stock-buybacks-gm-uaw-strike",
"sig": "c95e0a4211c48a859e804de5c892192122c3316c53f29071b97e1ab80b04a9f2061b3bf661432e12a4a44a32a5aa47f4fa397103a9dbf15db941bcad68848d66"
}