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Podcast: CANADALAND
Episode: Stock Buybacks: How Grocers Eat Themselves
Description: In the past several years, Loblaws, Metro and Empire have spent billions on their own stock - And at a time of food price inflation and grocery workers on strike. Why are they doing it? And why do some economists say stock buybacks should be abolished? Featured in this episode: William Lazonick, professor emeritus of economics at University of MassachusettsJim Stanford, director of the Centre for Future WorkFurther reading:Profits Without Prosperity, William Laz...