Greedflation. Price gouging. Pandemic profiteering. What happens when turning a profit is considered a bad thing? In this week’s episode, the FT’s US business editor Andrew Edgecliffe-Johnson explains how a new message around corporate profits is resonating with the American public and causing headaches for executives.
Clip courtesy of Bloomberg
For further reading:
US companies face rising battle to fend off vilification over ‘excess’ profits)
Joe Biden blasts Chevron chief as ‘sensitive’ after fuel-price criticism)
The war on ‘woke capitalism’)
On Twitter, follow Andrew Edgecliffe-Johnson (@Edgecliffe)) and Michela Tindera (@mtindera07))
Read a transcript of this episode on FT.com)
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