August 18, 2018

The Guardian: Elizabeth Warren's plan to fix capitalism and give more power to workers

Elizabeth Warren this week introduced a plan for legislation that would rein in big business, redistribute wealth and potentially curb corporate political donations.

The Accountable Capitalism Act, which Warren announced in an article for the Wall Street Journal, “restores the idea that giant American corporations should look out for American interests”, the Massachusetts senator and potential presidential candidate wrote.

“In the early 1980s, large American companies sent less than half their earnings to shareholders, spending the rest on their employees and other priorities,” Warren added.  

Read the full story on The Guardian's website here.

By:  Adam Gabbatt
Source: The Guardian