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Inequality, Uncertainty, and Opportunity - The Varied and Growing Role of Finance in Labor Relations (Paperback)
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Inequality, Uncertainty, and Opportunity - The Varied and Growing Role of Finance in Labor Relations (Paperback)
Series: LERA Research Volumes
Expected to ship within 12 - 19 working days
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The manner in which financial market developments permeate labor
and industrial relations may explain many of the pressing phenomena
of our times-economic instability, jobless recoveries, and high
income and wealth inequality. Financial market trends influence
hiring and compensation decisions, change managerial outlooks,
steer investments and technology, and strain collective bargaining
agreements. Inequality, Uncertainty, and Opportunity provides
readers with a sense of the many ways in which financial market
developments influence labor and industrial relations. A
proliferation of financial goods and services and an increasing
focus on short-term financial performance measures largely
dominated developed economies' development for more than three
decades. These trends directly affect the fundamental macroeconomic
relationships, such as economic growth and job creation, for firm
behavior, particularly with respect to hiring and productive
investments, and for individual decision making, as in the realm of
retirement savings. Economies have become less stable, job creation
has become more tenuous, and income inequality has soared.
Contributors: Eileen Appelbaum, Center for Economic and Policy
Research; Rose Batt, Cornell University; Sara M Bernardo,
University of Massachusetts Boston; Joseph Blasi, Rutgers
University School of Management and Labor Relations; Janet
Boguslaw, Brandeis University; Joel Cutcher-Gershenfeld, University
of Illinois; Klaus Doerre, University of Jena, Germany; Teresa
Ghilarducci, New School University; Adam Hersh, Center for American
Progress; William Lazonick, University of Massachusetts Lowell;
David Madland, Center for American Progress; Joelle Saad-Lessler,
New School University; Christian E. Weller, University of
Massachusetts Boston; Dan Weltmann, Rutgers University School of
Management and Labor Relations; Jeffrey Wenger, University of
Georgia; Edward N. Wolff, New York University
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