Labor in the Age of Finance is popular PDF and ePub book, written by Sanford M. Jacoby in 2021-06, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Labor in the Age of Finance can be Read Online from any device for your convenience.
Labor in the Age of Finance Book PDF Summary
From award-winning economic historian Sanford M. Jacoby, a fascinating and important study of the labor movement and shareholder capitalism Since the 1970s, American unions have shrunk dramatically, as has their economic clout. Labor in the Age of Finance traces the search for new sources of power, showing how unions turned financialization to their advantage. Sanford Jacoby catalogs the array of allies and finance-based tactics labor deployed to stanch membership losses in the private sector. By leveraging pension capital, unions restructured corporate governance around issues like executive pay and accountability. In Congress, they drew on their political influence to press for corporate reforms in the wake of business scandals and the financial crisis. The effort restrained imperial CEOs but could not bridge the divide between workers and owners. Wages lagged behind investor returns, feeding the inequality identified by Occupy Wall Street. And labor’s slide continued. A compelling blend of history, economics, and politics, Labor in the Age of Finance explores the paradox of capital bestowing power to labor in the tumultuous era of Enron, Lehman Brothers, and Dodd-Frank.
Detail Book of Labor in the Age of Finance PDF
- Author : Sanford M. Jacoby
- Release : 01 June 2021
- Publisher : Princeton University Press
- ISBN : 9780691217208
- Genre : Business & Economics
- Total Page : 368 pages
- Language : English
- PDF File Size : 10,8 Mb
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