{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"","title":"CANADALAND #914 Stock Buybacks: How Grocers Eat Themselves","description":"

This episode was originally published on August 28th, 2023. 


Listen to Monopoly 1 - Lost in the Supermarket and Monopoly 17 - Food Fight


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 Massachusetts

Jim Stanford, director of the Centre for Future Work

 

Further reading:

 

Host: Jesse Brown 


Credits: Cherise Seucharan (Reporter), Jonathan Goldsbie (News Editor), Tristan Capacchione (Audio Editor and Technical Producer), Bruce Thorson (Senior Producer), Annette Ejiofor (Managing Editor), Karyn Pugliese (Editor-in-Chief)


Sponsors: Douglas, AG1


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