Rise of the Working-Class Shareholder
In "Rise of the Working-Class Shareholder," author David Webber explores the untapped potential of labor’s powerful asset: multitrillion-dollar pension funds. Published by Harvard University Press in 2018, this insightful hardback spans 352 pages, revealing how worker organizations are evolving beyond traditional bargaining methods. Faced with challenges in negotiations, courts, and politics, American workers are harnessing shareholder activism as their new strategy to influence corporate behavior.
Webber offers a compelling narrative that highlights how this form of investment activism represents a positive shift for labor in the United States. By leveraging their financial power, the working class is reclaiming a voice in the marketplace, challenging corporate practices, and shaping economic conditions. "Rise of the Working-Class Shareholder" is a vital read for anyone interested in labor economics, industrial relations, and the future of worker representation in America.