Thursday, August 16, 2018

Thursday Morning Links

This and that for your Thursday reading.

- Mike Konczal notes that a single-minded focus on shareholder wealth - exemplified by today's obsession with stock buybacks - has frozen workers out of any returns from economic development. And Anne Perkins writes about the outrageous gap between the pay of the luckiest CEOs and the rest of the workforce.

- Meanwhile, Matthew Yglesias discusses Elizabeth Warren's plan to reconnect businesses to the societies which enable them to make their money, both by mandating social purposes and by ensuring worker representation in decision-making.

- James Wilt examines the public returns on natural resource wealth in Alberta compared to other similar jurisdictions, and finds that Albertans are receiving a woefully insufficient price for oil sands extraction.

- Meanwhile, Crawford Kilian points out the need for massive investments to address climate change - both to do everything in our power to avoid an imminent "hothouse" scenario, and to adapt as best possible to the extent that effort fails.

- Finally, George Monbiot examines how jarring increases in obesity rates over the past few decades can be traced almost entirely to corporate manipulation of consumer habits.

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