WLazonick

A free download of the pdf of my book, Investing in Innovation: Confronting Predatory Value Extraction in the US Corporation is available until September 9: cambridge.org/core/elements/…

@joehansen @NorthmanTrader @scorpiotiger77 ineteconomics.org/perspectives/b…

@NorthmanTrader @scorpiotiger77 How hard is it to understand that his package is NOT about money! It’s about control of Tesla so he can continue to manage the resources, Optimus, and not be voted out by some woke a-holes!

Matt Hopkins and I have just published our article on Elon Musk's "pay" package: Elon Musk’s latest power grab: Will Tesla’s CEO become the world’s first trillion-dollar employee? ineteconomics.org/perspectives/b…

so stoked for our next releases @AndrewBCollins about how the Tas Tepeler civilization gave birth to the serpent myth that carries through to modern day @Lazonick with a breakneck tour of the fallout from forty years unregulated corporate raiding. Live for patrons now 🫳👇

Why is nobody talking about the fact that #USSteel authorized hundreds of millions in stock buybacks even as their executives said they needed investment from #nipponsteel to upgrade their obsolescent plant and equipment? businesswire.com/news/home/2021… @Lazonick

INET just posted the Tulum-Lazonick paper, "Setting Pharmaceutical Drug Prices": ineteconomics.org/uploads/papers… It is summarized in our article, “What is ‘Fair' Drug Price?”:  ineteconomics.org/perspectives/b…

New working paper, Hopkins and Lazonick, "Tesla as a Global Competitor": ineteconomics.org/research/resea…; and our article on how Elon Musk secures strategic control at Tesla: ineteconomics.org/perspectives/b…

@tmothergoddess The 8/7/19 tweet led to securities fraud charges. Even if that is no longer a problem, it is now too expensive. In 8/19 the cost at $420/share ($28 split adjusted) would have been $71 billion. Now TSLA market cap is $586 billion.

Musk and Tesla: Compensation or Control? | Institute for New Economic Thinking ineteconomics.org/perspectives/b… #inet

@rgmcgrath The paper, co-authored with Marie Carpenter, is "The Pursuit of Shareholder Value: Cisco's Transformation from Innovation to Financialization," Institute for New Economic Thinking Working Paper, February 2023: ineteconomics.org/research/resea…

See what @Lazonick has to say about Cisco becoming a #financialized company!

3 days to The Penrose Lectures by @Lazonick at @SOAS - register free via soas.ac.uk/about/event/pe…

@MazzucatoM @twhitfill The complete analysis of the financialization of US pharma is in Lazonick and Tulum, "Sick with 'Shareholder Value': US Pharma's Financialized Business Model During the Pandemic," Academic-Industry Research Network, theairnet.org/melseerg/2022/… (published in Competition & Change).

In 2012-2021 the 14 biggest pharma companies spent $747 billion on stock buybacks & dividends, more than the $660 billion they spent on R&D (@Lazonick). Read my paper w @twhitfill: issues.org/arpa-h-taxpaye… Register for event here: issues.org/event/taxpayer…

You know that sneaking feeling that something is way out of whack in our economy? Pop in to this replay of my fascinating conversation with @Lazonick to unpack some of the reasons linkedin.com/events/7142538…

See the latest from Matt Hopkins, William Lazonick How GM’s $10-Billion Buyback May Ice Its EV Transition | Institute for New Economic Thinking ineteconomics.org/perspectives/b… #inet

How GM’s $10-Billion Buyback May Ice Its EV Transition ineteconomics.org/perspectives/b…

@edieocre @newrepublic What the UAW and Everyone Else Need to Know About CEO Pay Matt Hopkins and I have just published this article that should be of interest to you: ineteconomics.org/perspectives/b…

“Barra’s exorbitant salary is also a function of how low she can keep auto workers’ wages. Barra’s salary has increased 34 percent over the last four years, while in four years workers’ pay has only increased by 6 percent.” @newrepublic newrepublic.com/post/175598/gm…

Journalist Asks GM CEO Mary Barra About $29 Million Paycheck After UAW Strike | Carscoops carscoops.com/2023/09/gm-ceo…

@MindaZetlin @Inc I see that you wrote about CEO pay in the context of the UAW strike. Matt Hopkins and @Lazonick have just published this article that should be of interest to you.: ineteconomics.org/perspectives/b… Best Bill Lazonick William Lazonick President, The Academic-Industry Research Network

Lesson from the UAW strike: When it comes to pay, employees consider CEO salaries and company profits. @MindaZetlin inc.com/minda-zetlin/3… via @Inc

@RBReich Bob, The CEO pay numbers that almost everyone uses are not what US CEOs actually get paid. In 2022. Mary Barra actually took home $34.1 million. In 2021, it was $62.3 million. See the article @INETeconomics ineteconomics.org/perspectives/b…

CEO pay of the largest carmakers in the world. Honda: $2.3M Nissan $4.5M Toyota: $6.7M BMW: $5.6M Mercedes: $7.5M Porsche: $7.9M Ford: $21M Stellantis: $25M GM: $29M Folks, don't believe it for a second that US automakers can't afford to pay workers better wages.

What the UAW and Everyone Else Needs to Know About CEO Pay | Institute for New Economic Thinking ineteconomics.org/perspectives/b… #inet