The Power of Labor's Pensions
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Working Capital by Archon Fung
Book DescriptionU.S. pension funds are now worth more than $7 trillion, and many people believe that the most important task for the labor movement is to harness their share of this capital and develop strategies that will help, rather than hurt, workers and unions. Working Capital challenges money managers and today's labor movement by asking how workers' hard-earned savings can be put to use in socially and economically progressive ways. Responsible management of pensions will create greater growth and prosperity in America, and the authors of Working Capital show that the longterm interests of pension plan beneficiaries are well served through a "worker-owners" view of the economy.This book builds on the work of the Heartland Forum supported by the United Steelworkers of America, the AFL-CIO's Center for Working Capital, and several foundations, including the Ford Foundation and the Rockefeller Foundation, to draw together the wisdom of a number of experts on labor's next best moves in the pension market.
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Book DetailsISBN: 9780801439018
(229mm x 152mm x 25mm)
Imprint: Cornell University Press
Publisher: Cornell University Press
Publish Date: 12-Apr-2001
Country of Publication: United States
Books By Author Archon Fung
Full Disclosure, Paperback (July 2008)
Full Disclosure is the first analysis of national and international transparency policies.
Empowered Participation, Paperback (February 2006)View all books by Archon Fung
Offers a comprehensive empirical analysis of the ways in which participatory democracy can be used to effect social change. Using city-wide data and six neighborhood case studies, this book explores how determined Chicago residents, police officers, teachers, and community groups worked to banish crime.
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