Automakers Are Investing in Stock Buybacks Instead of Workers and Electric Vehicles

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Automakers Are Investing in Stock Buybacks Instead of Workers and Electric Vehicles

jacobin.com

🦊 OneRedFox 🦊@beehaw.orgM to

Socialism@beehaw.orgEnglish · 2 年前

Big Three executives are claiming that UAW demands, including a just green transition, are too expensive. This is an obvious misdirection: the real sap on company finances is the billions of dollars in stock buybacks and executive compensation.

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