Capitalist Bonanza: Share Buybacks Reached Record High In 2021

The coronavirus pandemic continued to wreak havoc in 2021, with the Omicron and Delta variants, supply chain disruptions, and inflation battering the global working class. In the United States, companies continued to put profits before worker well-being while the Biden administration refused to provide relief like continuing the child tax credit. Amid much bad news for workers last year emerged a key victor: wealthy shareholders.

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