3 Charts Show How Big Business Is Hurting America

Earlier this year, BlackRock boss Laurence Fink wrote an open letter to Corporate America bemoaning its short-termism: â??Too many companies have cut capital expenditure and even increased debt to boost dividends and increase share buybacks.â? Economist William Lazonick (h/t to Joshua Brown) cites Fink in his Harvard Business Review analysis of corporate short-termism. Here is a bit: