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Stock Buybacks and the Trillion Dollar Heist (with Senator Cory Booker)

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Manage episode 517637801 series 2473314
Content provided by Civic Ventures. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Civic Ventures or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Corporations are on track to spend more than $1.3 trillion on stock buybacks this year—money that could have gone toward higher wages, innovation, or community investment. That’s the real-life Trillion Dollar Heist at the center of our new comic from Civic Ventures, which follows Marta, a janitor who interrupts a corporate board meeting just as executives plot their next billion-dollar buyback spree.

This week, we’re resharing our 2019 conversation with Senator Cory Booker, who explains how stock buybacks went from illegal market manipulation to one of the biggest drivers of inequality.

Read the Trillion Dollar Heist Comic: https://bindings.app/read/7mINYO2H

This episode originally aired February 26, 2019.

Senator Cory Booker is a Democratic lawmaker from New Jersey who has served in the U.S. Senate since 2013. A Rhodes Scholar and Yale Law graduate, he began his career on the Newark City Council before serving as mayor from 2006 to 2013. In the Senate, Booker has focused on criminal justice reform, economic opportunity, climate action, and protecting civil and LGBTQ+ rights.

Social Media:

Marta

Paul Constant

Sarah Star Litt

Alan Robinson

Pippa Bowland

AndWorld Design

Mary P. Traverse

Further reading:

Trillion Dollar Heist Comic

Website: http://pitchforkeconomics.com

Instagram: @pitchforkeconomics

Threads: pitchforkeconomics

Bluesky: @pitchforkeconomics.bsky.social

Twitter: @PitchforkEcon, @NickHanauer, @civicaction

YouTube: @pitchforkeconomics

LinkedIn: Pitchfork Economics

Substack: The Pitch

  continue reading

408 episodes

Artwork
iconShare
 
Manage episode 517637801 series 2473314
Content provided by Civic Ventures. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Civic Ventures or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Corporations are on track to spend more than $1.3 trillion on stock buybacks this year—money that could have gone toward higher wages, innovation, or community investment. That’s the real-life Trillion Dollar Heist at the center of our new comic from Civic Ventures, which follows Marta, a janitor who interrupts a corporate board meeting just as executives plot their next billion-dollar buyback spree.

This week, we’re resharing our 2019 conversation with Senator Cory Booker, who explains how stock buybacks went from illegal market manipulation to one of the biggest drivers of inequality.

Read the Trillion Dollar Heist Comic: https://bindings.app/read/7mINYO2H

This episode originally aired February 26, 2019.

Senator Cory Booker is a Democratic lawmaker from New Jersey who has served in the U.S. Senate since 2013. A Rhodes Scholar and Yale Law graduate, he began his career on the Newark City Council before serving as mayor from 2006 to 2013. In the Senate, Booker has focused on criminal justice reform, economic opportunity, climate action, and protecting civil and LGBTQ+ rights.

Social Media:

Marta

Paul Constant

Sarah Star Litt

Alan Robinson

Pippa Bowland

AndWorld Design

Mary P. Traverse

Further reading:

Trillion Dollar Heist Comic

Website: http://pitchforkeconomics.com

Instagram: @pitchforkeconomics

Threads: pitchforkeconomics

Bluesky: @pitchforkeconomics.bsky.social

Twitter: @PitchforkEcon, @NickHanauer, @civicaction

YouTube: @pitchforkeconomics

LinkedIn: Pitchfork Economics

Substack: The Pitch

  continue reading

408 episodes

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