This in-depth video explains how stock buybacks work and why they have possibly contributed to rising income inequality over the years. Along with providing a detailed history of this controversial practice, the video also takes a close look at the closing of GM’s factory in Lordstown, Ohio.
Questions:
- Do you think lawmakers should pass regulations against corporate stock buybacks? Why or why not?
- How did the closing of GM’s Lordstown factory affect the community as a whole?