Labor in the Age of Finance

Labor in the Age of Finance
Author: Sanford M. Jacoby
Publisher: Princeton University Press
Total Pages: 368
Release: 2021-06
Genre: Business & Economics
ISBN: 0691217203

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.

New Working-Class Studies

New Working-Class Studies
Author: John Russo
Publisher: Cornell University Press
Total Pages: 291
Release: 2018-08-06
Genre: Social Science
ISBN: 1501718576

"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.

Living on the Margins

Living on the Margins
Author: Alice Bloch
Publisher: Policy Press
Total Pages: 224
Release: 2016-01-27
Genre: Social Science
ISBN: 1447319400

Living on the margins offers a unique insight into the working lives of undocumented (or ‘irregular’) migrants living in London, and their employers. Breaking new ground, this topical book exposes the contradictions in policies, which marginalise and criminalise these migrants, while promoting exploitative labour market policies. However, the book reveals that the migrants can be active agents in shaping their lives within the constraint of status. Taking an inter-disciplinary approach, this fascinating book offers an international context to the research and provides theoretical, policy and empirical analyses. It will appeal to undergraduate and postgraduate students, researchers and academics, as well as policy makers, practitioners and interested non-specialists.

Steelworker Alley

Steelworker Alley
Author: Robert Bruno
Publisher: Cornell University Press
Total Pages: 238
Release: 1999
Genre: Class consciousness
ISBN: 9780801486005

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.

Framed!

Framed!
Author: Christopher R. Martin
Publisher: Cornell University Press
Total Pages: 265
Release: 2018-08-06
Genre: Political Science
ISBN: 1501728547

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.

Industrial and Labor Relations (ILR) Review

Industrial and Labor Relations (ILR) Review
Author:
Publisher:
Total Pages:
Release:
Genre:
ISBN:

Presents information about the "Industrial and Labor Relations (ILR) Review," published by the School of Industrial and Labor Relations at Cornell University, a private institution located in Ithaca, New York. Contains the table of contents for the current issue, along with back issues. Offers subscription information and instructions for ordering back issues. Posts contact information via mailing and e-mail addresses, along with telephone and fax numbers.

The Politics of Social Inclusion and Labor Representation

The Politics of Social Inclusion and Labor Representation
Author: Heather Connolly
Publisher: Cornell University Press
Total Pages: 142
Release: 2019-05-15
Genre: Political Science
ISBN: 1501736582

In The Politics of Social Inclusion and Labor Representation, Heather Connolly, Stefania Marino, and Miguel Martínez Lucio compare trade union responses to immigration and the related political and labour market developments in the Netherlands, Spain, and the United Kingdom. The labor movement is facing significant challenges as a result of such changes in the modern context. As such, the authors closely examine the idea of social inclusion and how trade unions are coping with and adapting to the need to support immigrant workers and develop various types of engagement and solidarity strategies in the European context. Traversing the dramatically shifting immigration patterns since the 1970s, during which emerged a major crisis of capitalism, the labor market, and society, and the contingent rise of anti-immigration sentiment and new forms of xenophobia, the authors assess and map how trade unions have to varying degrees understood and framed these issues and immigrant labor. They show how institutional traditions, and the ways that trade unions historically react to social inclusion and equality, have played a part in shaping the nature of current initiatives. The Politics of Social Inclusion and Labor Representation concludes that we need to appreciate the complexity of trade-union traditions, established paths to renewal, and competing trajectories of solidarity. While trade union organizations remain wedded to specific trajectories, trade union renewal remains an innovative, if at times, problematic and complex set of choices and aspirations.

A Field in Flux

A Field in Flux
Author: Robert B. McKersie
Publisher: Cornell University Press
Total Pages: 201
Release: 2019-05-15
Genre: Political Science
ISBN: 1501740032

A Field in Flux chronicles the extraordinary journey of industrial and labor relations expert Robert McKersie. One of the most important industrial relations scholars and leaders of our time, McKersie pioneered the study of labor negotiations, helping to formulate the concepts of distributive and integrative bargaining that have served as analytical tools for understanding the bargaining process more generally. The book provides a window into McKersie's life and work and its impact on the evolution of labor and industrial relations. Spanning six decades, the reader learns about the intersection of labor and the Civil Rights movement, the watershed moment of the Air Traffic Controller's Strike, his relationship with George Schultz, the shift from labor relations to human resource management, and McKersie's role in the seminal cases (Motorola, GM, Toyota) of the labor movement. A Field in Flux serves two important functions: it demonstrates how people have influenced past employment policies and practices when called to action in critical situations, and it seeks to instill confidence in those who will be called on to address the big challenges facing the future of work today and in the years to come. During a time when the basic values of industrial relations are being challenged and violated, McKersie argues that the profession must adapt to the changing world of work and not forget about the value placed on efficiency, equity, and inclusive employment policies and practices.

Injury Impoverished

Injury Impoverished
Author: Nate Holdren
Publisher: Cambridge University Press
Total Pages: 311
Release: 2020-04-09
Genre: Business & Economics
ISBN: 1108488706

Combining archival research, critical theory, and gender- and disability-analysis, Nate Holdren argues that Progressive Era reform to employee injury law created new employment discrimination against disabled people and a new injury culture that treated employees and their injuries instrumentally.