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Author: Sanford M. Jacoby Publisher: Princeton University Press ISBN: 0691217203 Category : Business & Economics Languages : en Pages : 368
Book Description
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.
Author: Sanford M. Jacoby Publisher: Princeton University Press ISBN: 0691217203 Category : Business & Economics Languages : en Pages : 368
Book Description
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.
Author: Lynn Waltz Publisher: University of Iowa Press ISBN: 1609385853 Category : Business & Economics Languages : en Pages : 305
Book Description
The story of Joe Luter and Smithfield -- Cheap labor built on a legacy of slavery -- Lots of pigs, lots of poop, lots of politics, lots of pollution -- The plant opens, the work is beastly, the union fight heats up -- The first union vote -- The plant changes southeastern North Carolina -- The company woman -- The second union vote, 1997 -- The trial : Buffkin and Luter testify -- The judge rules -- Organizing on the road -- Gene Bruskin rides into town -- The union campaign, Harris Teeter -- Ludlum is back : Immigration enforcement tightens -- Workers walk off the job -- The stockholders, secret talks, stalemate -- Rico, the settlement, the third union vote, the end
Author: Christopher R. Martin Publisher: Cornell University Press ISBN: 1501728547 Category : Political Science Languages : en Pages : 265
Book Description
Christopher R. Martin argues that the mainstream news media (and the large corporations behind them) put the labor movement in a bad light even while avoiding the appearance of bias. Martin has found that the news media construct "common ground" narratives between labor and management positions by reporting on labor relations from a consumer perspective. Martin identifies five central storytelling frames using this consumer orientation that repeatedly emerged in the news media coverage of major labor stories in the 1990s: the 1991–94 shutdown of the General Motors Willow Run Assembly Plant in Ypsilanti, Michigan; the 1993 American Airlines flight attendant strike; the 1994–95 Major League Baseball strike, the 1997 United Parcel Service strike, and the 1999 protests against the World Trade Organization's conference in Seattle. In Martin's view, the news media's consumer "take" on the labor movement has the effect of submerging issues of citizenship, political activity, and class relations, and elevating issues of consumption and the myth of a class-free America. Instead of facilitating a public sphere, the democratic ideal in which the public can engage in discovery and rational-critical debate, Martin says, news organizations have fostered a consumer sphere, in which public discourse and action is defined in terms of consumer interests—the impact of strikes, lock-outs, shut-downs, and protests on the general consumer economy and the price, quality, and availability of things such as automobiles, airline flights, and baseball tickets.
Author: Ines Wagner Publisher: Cornell University Press ISBN: 1501729160 Category : Political Science Languages : en Pages : 112
Book Description
How the European Union handles posted workers is a growing issue for a region with borders that really are just lines on a map. A 2008 story, dissected in Ines Wagner’s Workers without Borders, about the troubling working conditions of migrant meat and construction workers, exposed a distressing dichotomy: how could a country with such strong employers’ associations and trade unions allow for the establishment and maintenance of such a precarious labor market segment? Wagner introduces an overlooked piece of the puzzle: re-regulatory politics at the workplace level. She interrogates the position of the posted worker in contemporary European labour markets and the implications of and regulations for this position in industrial relations, social policy and justice in Europe. Workers without Borders concentrates on how local actors implement European rules and opportunities to analyze the balance of power induced by the EU around policy issues. Wagner examines the particularities of posted worker dynamics at the workplace level, in German meatpacking facilities and on construction sites, to reveal the problems and promises of European Union governance as regulating social justice. Using a bottom-up approach through in-depth interviews with posted migrant workers and administrators involved in the posting process, Workers without Borders shows that strong labor-market regulation via independent collective bargaining institutions at the workplace level is crucial to effective labor rights in marginal workplaces. Wagner identifies structures of access and denial to labor rights for temporary intra-EU migrant workers and the problems contained within this system for the EU more broadly.
Author: William Lazonick Publisher: Oxford University Press ISBN: 0192585983 Category : Political Science Languages : en Pages : 325
Book Description
Predatory Value Extraction explains how an ideology of corporate resource allocation known as 'maximizing shareholder value' (MSV) that emerged in the 1980s came to dominate strategic thinking in business schools and corporate boardrooms in the United States. Undermining the social foundations of sustainable prosperity, it resulted in employment instability, income inequity, and slow productivity growth. In explaining what happened to sustainable prosperity, William Lazonick and Jang-Sup Shin focus on the growing imbalance between value creation and value extraction in the U.S. economy, and the corporate-governance institutions that determine this balance in the nation's major business corporations. The imbalance has become so extreme that predatory value extraction is now a central economic activity, to the point at which the U.S. economy as a whole can be aptly described as a value-extracting economy. Balancing the contributions of economic actors to value creation with their power to extract value provides the foundation for stable and equitable economic growth. When certain economic actors are able to assert their power to extract far more value than they contribute to the value-creation process, an imbalance occurs which, when extreme, leads to dire economic, political, and social consequences. This book not only explores these consequences, but also sets out an agenda for restoring sustainable prosperity.
Author: John Russo Publisher: Cornell University Press ISBN: 1501718576 Category : Social Science Languages : en Pages : 291
Book Description
"We put the working class, in all its varieties, at the center of our work. The new working-class studies is not only about the labor movement, or about workers of any particular kind, or workers in any particular place—even in the workplace. Instead, we ask questions about how class works for people at work, at home, and in the community. We explore how class both unites and divides working-class people, which highlights the importance of understanding how class shapes and is shaped by race, gender, ethnicity, and place. We reflect on the common interests as well as the divisions between the most commonly imagined version of the working class—industrial, blue-collar workers—and workers in the 'new economy' whose work and personal lives seem, at first glance, to place them solidly in the middle class."—from the Introduction In John Russo and Sherry Lee Linkon's book, contributors trace the origins of the new working-class studies, explore how it is being developed both within and across fields, and identify key themes and issues. Historians, economists, geographers, sociologists, and scholars of literature and cultural studies introduce many and varied aspects of this emerging field. Throughout, they consider how the study of working-class life transforms traditional disciplines and stress the importance of popular and artistic representations of working-class life.
Author: Marissa Brookes Publisher: ILR Press ISBN: 1501733206 Category : Political Science Languages : en Pages : 217
Book Description
Over the years many transnational labor alliances have succeeded in improving conditions for workers, but many more have not. In The New Politics of Transnational Labor, Marissa Brookes explains why this dichotomy has occurred. Using the coordination and context-appropriate (CCAP) theory, she assesses this divergence, arguing that the success of transnational alliances hinges not only on effective coordination across borders and within workers' local organizations but also on their ability to exploit vulnerabilities in global value chains, invoke national and international institutions, and mobilize networks of stakeholders in ways that threaten employers' core, material interests. Brookes uses six comparative case studies spanning four industries, five countries, and fifteen years. From dockside labor disputes in Britain and Australia to service sector campaigns in the supermarket and private security industries to campaigns aimed at luxury hotels in Southeast Asia, Brookes creates her new theoretical framework and speaks to debates in international and comparative political economy on the politics of economic globalization, the viability of private governance, and the impact of organized labor on economic inequality. From this assessment, Brookes provides a vital update to the international relations literature on non-state actors and transnational activism and shows how we can understand the unique capacities labor has as a transnational actor.
Author: Richard Bales Publisher: Cambridge University Press ISBN: 1108428835 Category : Law Languages : en Pages : 435
Book Description
Over the last fifty years in the United States, unions have been in deep decline, while income and wealth inequality have grown. In this timely work, editors Richard Bales and Charlotte Garden - with a roster of thirty-five leading labor scholars - analyze these trends and show how they are linked. Designed to appeal to those being introduced to the field as well as experts seeking new insights, this book demonstrates how federal labor law is failing today's workers and disempowering unions; how union jobs pay better than nonunion jobs and help to increase the wages of even nonunion workers; and how, when union jobs vanish, the wage premium also vanishes. At the same time, the book offers a range of solutions, from the radical, such as a complete overhaul of federal labor law, to the incremental, including reforms that could be undertaken by federal agencies on their own.
Author: Adelle Blackett Publisher: Cornell University Press ISBN: 1501715763 Category : Law Languages : en Pages : 200
Book Description
The book's breadth and grounding in labor law make it most accessible and useful to a professional audience, but even nonspecialists and lay readers will appreciate Blackett's insights about law and domestic work and provocative issues such as social stratification and immigration.― Choice Adelle Blackett tells the story behind the International Labour Organization's (ILO) Decent Work for Domestic Workers Convention No. 189, and its accompanying Recommendation No. 201 which in 2011 created the first comprehensive international standards to extend fundamental protections and rights to the millions of domestic workers laboring in other peoples' homes throughout the world. As the principal legal architect, Blackett is able to take us behind the scenes to show us how Convention No. 189 transgresses the everyday law of the household workplace to embrace domestic workers' human rights claim to be both workers like any other, and workers like no other. In doing so, she discusses the importance of understanding historical forms of invisibility, recognizes the influence of the domestic workers themselves, and weaves in poignant experiences, infusing the discussion of laws and standards with intimate examples and sophisticated analyses. Looking to the future, she ponders how international institutions such as the ILO will address labor market informality alongside national and regional law reform. Regardless of what comes next, Everyday Transgressions establishes that domestic workers' victory is a victory for the ILO and for all those who struggle for an inclusive, transnational vision of labor law, rooted in social justice.
Author: Robert Bruno Publisher: Cornell University Press ISBN: 9780801486005 Category : Class consciousness Languages : en Pages : 238
Book Description
For retired steelworkers in Youngstown, Ohio, the label "working class" fits comfortably. Questioning the widely held view that laborers in postwar America have adopted middle-class values, Robert Bruno shows that in this community a blue-collar identity has provided a positive focus for many residents.The son of a Youngstown steelworker, Bruno returned to his hometown seeking to understand the formation of his own working-class consciousness and the place of labor in the larger capitalist society. Drawing on interviews with dozens of former steelworkers and on research in local archives, Bruno explores the culture of the community, including such subjects as relations among co-workers, class antagonism, and attitudes toward authority. He describes how, because workers are often neighbors, the workplace takes on a feeling of neighborhood. He also demonstrates that to understand class consciousness one must look beyond the workplace, in this instance from Youngstown's front porches to its bowling alleys and voting booths. Written with a deeply personal approach, Steelworker Alley is a richly detailed look at workers which reveals the continuing strength of class relationships in America.
Author: Sanford M. Jacoby
Author: Sanford M. Jacoby
Author: Lynn Waltz
Author: Christopher R. Martin
Author: Ines Wagner
Author: William Lazonick
Author: John Russo
Author: Marissa Brookes
Author: Richard Bales
Author: Adelle Blackett
Author: Robert Bruno