Abstract
A generation ago, Barber and Rifkin [The North Will Rise Again: Pensions, Politics and Power in 1980s (Beacon Press, Boston)] envisioned a new strategy for American Labor that would make extensive use of the capital in multi-employer and public pension plans. They argued that organized labor could influence how these funds were invested in order use this capital as both a weapon in struggles with recalcitrant management and as a tool to generate new union jobs. A number of union officials took this advice seriously, to make labor-connected individuals and organizations were among the most determined and successful investor activists of the 1990s. It is, however, hard to find evidence that this activism has effectively met the goals of organized labor, leading to the ironic conclusion that the innovations of labor's investor activist will do more to assist the investment community than the American labor movement.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
