Robert Reich
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Norfolk Southern, the company whose train derailed in Ohio and unleashed chemicals, made a record $12 billion in revenue last year.

Instead of investing in better safety measures, what did the company do? It authorized a $10 billion stock buyback.

Corporate greed, folks.
02:10 PM - Feb 13, 2023
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Dr. Ikedife Uba #FamilyFirst.Phronesis
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It's corporate greed, and it's reinforced by the established compensation and reward models and mechanisms that are deliberately short-term-oriented. Corporate managers lack the motivation to think long-term and focus on business sustainability, because it is outside the scope of their bonus models.
In response to Robert Reich.
03:52 PM - Feb 13, 2023
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