Labor Is Demanding an End to Wall Street Stock Buybacks
Stock buybacks are a major way the rich can hoard their wealth instead of investing in workers — which is why a coalition of unions is demanding an end to such buybacks.
Ericka Wills is a professor at the University of Wisconsin School for Workers.
Stock buybacks are a major way the rich can hoard their wealth instead of investing in workers — which is why a coalition of unions is demanding an end to such buybacks.
Miners in Alabama went on strike in April 2021 after the company hit them with wage and benefit cuts. A year and a half later, with the company continuing to post record profits, the miners and their families are still on strike — and still refusing to back down.