Tom Cunniff

“The companies on the original Fortune 500 list earned a combined $8.3 billion in profit in 1955 (approximately $79 billion in 2019 dollars). In 2019, the Fortune 500 came out $1.2 trillion in the black. But instead of raising wages for workers or lowering prices for consumers, modern companies direct more of their gains to shareholders.”
― Alec Ross, The Raging 2020s: Companies, Countries, People—and the Fight for Our Future

“When people scratch their heads and wonder how it can be that the stock market is booming and executive compensation is at an all-time high but the overall economy is less dynamic and workers are not benefiting, look no further than the trillions of dollars in stock buybacks.”
― Alec Ross, The Raging 2020s: Companies, Countries, People—and the Fight for Our Future

“Almost half of New York’s 8.3 million residents are living near or below the poverty line.”
― Andrea Elliott, Invisible Child: Poverty, Survival & Hope in an American City

“A system that is amoral and imbecilic enough to compel selling Amazon’s stock because it invested in protecting its workers during a pandemic is not one that we should trust to steward the overall health and well-being of our economy.”
― Alec Ross, The Raging 2020s: Companies, Countries, People—and the Fight for Our Future