The Rise of the Working-Class Shareholder: Labors Last Best Weapon Webber DavidPevná vazba
The Rise of the Working-Class Shareholder: Labors Last Best Weapon Webber DavidPevná vazba When Steven Burd, CEO of the supermarket chain Safeway, cut wages and benefits, starting a five-month strike…
Specifikacia The Rise of the Working-Class Shareholder: Labors Last Best Weapon Webber DavidPevná vazba
The Rise of the Working-Class Shareholder: Labors Last Best Weapon Webber DavidPevná vazba
When Steven Burd, CEO of the supermarket chain Safeway, cut wages and benefits, starting a five-month strike by 59,000 unionized workers, he was confident he would win. With the aid of the California Public Employees' Retirement System, a $300 billion pension fund, workers led a shareholder revolt that unseated three of Burd's boardroom allies.In The Rise of the Working-Class Shareholder: Labor's Last Best Weapon, David Webber uses cases such as Safeway's to shine a light on labor's most potent remaining weapon: its multitrillion-dollar pension funds. But where traditional labor action failed, a novel approach was more successful.
Shareholder activism has been used to divest from anti-labor Outmaneuvered at the bargaining table and under constant assault in Washington, state houses, and the courts, worker organizations are beginning to exercise muscle through markets.