Short-term thinking in corporate America is strangling the economy

Vox. 2016. Hillary Clinton has made short-term thinking in corporate America — also known as “quarterly capitalism,” a reference to the pressure companies feel to meet quarterly earnings predictions — a central issue in her campaign.

That issue has been bubbling beneath the surface of policy discussion for years, but it’s gained fresh attention as influential investors such as Warren Buffett and Lawrence Fink (of BlackRock, the world’s biggest asset holder), and politicians like Vice President Joe Biden, have stepped up to warn of the perils to our economy of turning away from a long-term perspective.