Anand Giridharadas @AnandWrites @TIME editor at large. Author of @WinnersTakeAll, THE TRUE AMERICAN, & INDIA CALLING. MSNBC political analyst. @PriyaParker's man. Father. Rhymes with "almond." Dec. 18, 2018 1 min read

In Donald Trump's America, big corporations just pumped $1 trillion in stock buybacks back into investors' pockets. This is capital supremacy at work, and why America feels, and is, rigged.  https://www.cnn.com/2018/12/17/investing/stock-buybacks-trillion-dollars/index.html 

Let's look a little more closely at some of the players, shall we?

You've got @abbvie, which seems to be a kind and generous company. Its foundation gave away $14,502,787 in charity in 2016, according to the most recent tax filings.

But, oh wait, it just gave investors a $5 billion stock buyback.  https://www.prnewswire.com/news-releases/abbvie-announces-5-billion-increase-to-stock-repurchase-program-300765216.html 


You can follow @AnandWrites.



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