3 ms·

Many corporations have used debt-financed stock buybacks.

• kgwgk 8y ago
  At least those are not done through the exploitative appropriation of the surplus value produced by the worker.
  • ahelwer 8y ago
    Of course they are! The full debt will be repaid in time, with interest. Where does that money come from?
    • kgwgk 8y ago
      Sometimes the full debt is not repaid. In that case the money comes from the lenders and bond-holders and they never get it back. And the shareholders also lose everything in that scenario, of course.
    • longtermsec 8y ago
      The money for the interest payments comes from taxes!
• spacehome 8y ago
  That money comes from future earnings. Averaged over the whole economy, it doesn't have a net effect.