03637nam 2200709 450 991055449190332120221122190121.00-691-21721-19780691217215(ebook)10.1515/9780691217215(CKB)5590000000458350(DE-B1597)576335(DE-B1597)9780691217215(MiAaPQ)EBC6554345(Au-PeEL)EBL6554345(OCoLC)1247664192(StDuBDS)EDZ0002756055(PPN)265130468(EXLCZ)99559000000045835020211129h20212021 fy| 0engur||#||||||||txtrdacontentcrdamediacrrdacarrierLabor in the age of finance pensions, politics, and corporations from deindustrialization to Dodd-Frank /Sanford M. Jacoby[electronic resource]Princeton :Princeton University Press,[2021]©20211 online resource (x, 354 pages) illustrationsPrinceton scholarship onlineAlso issued in print: 2021.0-691-21762-9 0-691-21720-3 9780691217208 Includes bibliographical references and index.Frontmatter --contents --List of Abbreviations --Introduction --1 Labor, Finance, and the Corporation, 1890–1980 --2 The CalPERS Era --3 Labor’s Shares --4 Breaking Barriers, Building Bridges --5 From Exuberance to Enron --6 Executive Pay --7 Shareholder Democracy --8 Organizing Finance --9 The Financial Crisis and Dodd-Frank --Epilogue --Acknowledgments --Notes --Index.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.Princeton scholarship online.Labor movementUnited StatesHistory20th centuryLabor movementUnited StatesHistory21st centuryLabor unionsUnited StatesHistory20th centuryLabor unionsUnited StatesHistory21st centuryCorporate governanceUnited StatesHistory20th centuryCorporate governanceUnited StatesHistory21st centuryFinancializationUnited StatesHistory20th centuryFinancializationUnited StatesHistory21st centuryLabor movementHistoryLabor movementHistoryLabor unionsHistoryLabor unionsHistoryCorporate governanceHistoryCorporate governanceHistoryFinancializationHistoryFinancializationHistory331.0973Jacoby Sanford M.1953-146267StDuBDSStDuBDSBOOK9910554491903321Labor in the age of finance2815683UNINA