Stock Buybacks, the Culprit Behind the Chasm?

Wealth tax vs. corporate tax cuts, foreign aid for poor countries vs. no foreign aid, free market vs. government interventions. It is not an everyday occasion that people on the left and the right of the political spectrum see eye to eye on grand economics debates like those. But, once in a blue moon they do. This puzzling phenomenon is currently unfolding in the U.S. One idea lies at its center: banning stock buybacks.