Labor in the Age of Finance - Pensions, Politics, and Corporations from Deindustrialization to Dodd-Frank (Hardcover)

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.

General

Imprint:	Princeton University Press
Country of origin:	United States
Release date:	June 2021
Authors:	Sanford M. Jacoby
Dimensions:	235 x 156 x 35mm (L x W x T)
Format:	Hardcover - Trade binding
Pages:	368
ISBN-13:	978-0-691-21720-8
Categories:	Books > Social sciences > Politics & government > Political science & theory Books > Business & Economics > Business & management > General Books > Humanities > History > American history > General Books > Humanities > History > History of specific subjects > Social & cultural history Books > Humanities > History > History of specific subjects > Economic history Books > Social sciences > Politics & government > Political structure & processes > Constitution, government & the state Books > Business & Economics > Economics > Labour economics > General Books > Business & Economics > Finance & accounting > Finance > General Books > History > American history > General Books > History > History of specific subjects > Economic history Books > History > History of specific subjects > Social & cultural history Books > Money & Finance > General
LSN:	0-691-21720-3
Barcode:	9780691217208

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