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Author: David Webber
Publisher: Harvard University Press
ISBN: 0674972139
Category : Business & Economics
Languages : en
Pages : 351
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Book Description
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. But where traditional labor action failed, a novel approach was more successful. 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. 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. Shareholder activism has been used to divest from anti-labor companies, gun makers, and tobacco; diversify corporate boards; support Occupy Wall Street; force global warming onto the corporate agenda; create jobs; and challenge outlandish CEO pay. Webber argues that workers have found in labor’s capital a potent strategy against their exploiters. He explains the tactic’s surmountable difficulties even as he cautions that corporate interests are already working to deny labor’s access to this powerful and underused tool. The Rise of the Working-Class Shareholder is a rare good-news story for American workers, an opportunity hiding in plain sight. Combining legal rigor with inspiring narratives of labor victory, Webber shows how workers can wield their own capital to reclaim their strength.
Author: David Webber
Publisher: Harvard University Press
ISBN: 0674972139
Category : Business & Economics
Languages : en
Pages : 351
Get Book Here
Book Description
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. But where traditional labor action failed, a novel approach was more successful. 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. 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. Shareholder activism has been used to divest from anti-labor companies, gun makers, and tobacco; diversify corporate boards; support Occupy Wall Street; force global warming onto the corporate agenda; create jobs; and challenge outlandish CEO pay. Webber argues that workers have found in labor’s capital a potent strategy against their exploiters. He explains the tactic’s surmountable difficulties even as he cautions that corporate interests are already working to deny labor’s access to this powerful and underused tool. The Rise of the Working-Class Shareholder is a rare good-news story for American workers, an opportunity hiding in plain sight. Combining legal rigor with inspiring narratives of labor victory, Webber shows how workers can wield their own capital to reclaim their strength.
Author: Andrew J. Cherlin
Publisher: Russell Sage Foundation
ISBN: 1610448448
Category : Social Science
Languages : en
Pages : 273
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Book Description
Two generations ago, young men and women with only a high-school degree would have entered the plentiful industrial occupations which then sustained the middle-class ideal of a male-breadwinner family. Such jobs have all but vanished over the past forty years, and in their absence ever-growing numbers of young adults now hold precarious, low-paid jobs with few fringe benefits. Facing such insecure economic prospects, less-educated young adults are increasingly forgoing marriage and are having children within unstable cohabiting relationships. This has created a large marriage gap between them and their more affluent, college-educated peers. In Labor’s Love Lost, noted sociologist Andrew Cherlin offers a new historical assessment of the rise and fall of working-class families in America, demonstrating how momentous social and economic transformations have contributed to the collapse of this once-stable social class and what this seismic cultural shift means for the nation’s future. Drawing from more than a hundred years of census data, Cherlin documents how today’s marriage gap mirrors that of the Gilded Age of the late-nineteenth century, a time of high inequality much like our own. Cherlin demonstrates that the widespread prosperity of working-class families in the mid-twentieth century, when both income inequality and the marriage gap were low, is the true outlier in the history of the American family. In fact, changes in the economy, culture, and family formation in recent decades have been so great that Cherlin suggests that the working-class family pattern has largely disappeared. Labor's Love Lost shows that the primary problem of the fall of the working-class family from its mid-twentieth century peak is not that the male-breadwinner family has declined, but that nothing stable has replaced it. The breakdown of a stable family structure has serious consequences for low-income families, particularly for children, many of whom underperform in school, thereby reducing their future employment prospects and perpetuating an intergenerational cycle of economic disadvantage. To address this disparity, Cherlin recommends policies to foster educational opportunities for children and adolescents from disadvantaged families. He also stresses the need for labor market interventions, such as subsidizing low wages through tax credits and raising the minimum wage. Labor's Love Lost provides a compelling analysis of the historical dynamics and ramifications of the growing number of young adults disconnected from steady, decent-paying jobs and from marriage. Cherlin’s investigation of today’s “would-be working class” shines a much-needed spotlight on the struggling middle of our society in today’s new Gilded Age.
Author: Edward Palmer Thompson
Publisher: IICA
ISBN:
Category : Social Science
Languages : en
Pages : 866
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Book Description
This account of artisan and working-class society in its formative years, 1780 to 1832, adds an important dimension to our understanding of the nineteenth century. E.P. Thompson shows how the working class took part in its own making and re-creates the whole life experience of people who suffered loss of status and freedom, who underwent degradation and who yet created a culture and political consciousness of great vitality.
Author: Joan C. Williams
Publisher: Harvard Business Press
ISBN: 1633693791
Category : Business & Economics
Languages : en
Pages : 151
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Book Description
"I recommend a book by Professor Williams, it is really worth a read, it's called White Working Class." -- Vice President Joe Biden on Pod Save America An Amazon Best Business and Leadership book of 2017 Around the world, populist movements are gaining traction among the white working class. Meanwhile, members of the professional elite—journalists, managers, and establishment politicians--are on the outside looking in, left to argue over the reasons. In White Working Class, Joan C. Williams, described as having "something approaching rock star status" by the New York Times, explains why so much of the elite's analysis of the white working class is misguided, rooted in class cluelessness. Williams explains that many people have conflated "working class" with "poor"--but the working class is, in fact, the elusive, purportedly disappearing middle class. They often resent the poor and the professionals alike. But they don't resent the truly rich, nor are they particularly bothered by income inequality. Their dream is not to join the upper middle class, with its different culture, but to stay true to their own values in their own communities--just with more money. While white working-class motivations are often dismissed as racist or xenophobic, Williams shows that they have their own class consciousness. White Working Class is a blunt, bracing narrative that sketches a nuanced portrait of millions of people who have proven to be a potent political force. For anyone stunned by the rise of populist, nationalist movements, wondering why so many would seemingly vote against their own economic interests, or simply feeling like a stranger in their own country, White Working Class will be a convincing primer on how to connect with a crucial set of workers--and voters.
Author: Ira Katznelson
Publisher: Princeton University Press
ISBN: 9780691102078
Category : Business & Economics
Languages : en
Pages : 484
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Book Description
Applying an original theoretical framework, an international group of historians and social scientists here explores how class, rather than other social bonds, became central to the ideologies, dispositions, and actions of working people, and how this process was translated into diverse institutional legacies and political outcomes. Focusing principally on France. Germany, and the United States, the contributors examine the historically contingent connections between class, as objectively structured and experienced, and collective perceptions and responses as they develop in work, community, and politics. Following Ira Katznelson's introduction of the analytical concepts, William H. Sewell, Jr., Michelle Perrot, and Alain Cottereau discuss France; Amy Bridges and Martin Shefter, the United States; and Jargen Kocka and Mary Nolan, Germany. The conclusion by Aristide R. Zolberg comments on working-class formation up to World War I, including developments in Great Britain, and challenges conventional wisdom about class and politics in the industrializing West.
Author: Winlow, Simon
Publisher: Policy Press
ISBN: 1447328485
Category : Political Science
Languages : en
Pages : 224
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Book Description
One of the biggest political stories of the past few decades in the United Kingdom and elsewhere has been the growing divide between the working class and the mainstream liberal left, which historically has spoken for them. This book offers a close analysis of that phenomenon by showing how the political scene looks to underemployed white men who have seen their standards of living fall in recent years even as their communities have fractured around them. Rather than cast aspersions or mount arguments about the larger success of society as a whole, The Rise of the Right takes these men and their concerns seriously, showing where their opinions are factually wrong but arguing powerfully that liberal politics must find a way of acknowledging and addressing their legitimate fears and frustrations.
Author: Michael D. Yates
Publisher: NYU Press
ISBN: 1583677127
Category : Political Science
Languages : en
Pages : 166
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Book Description
An analysis of how the working class can mobilize as a force for change in the present day One of the horrors of the capitalist system is that slave labor, which was central to the formation and growth of capitalism itself, is still fully able to coexist alongside wage labor. But, as Karl Marx points out, it is the fact of being paid for one's work that validates capitalism as a viable socio-economic structure. Beneath this veil of “free commerce” – where workers are paid only for a portion of their workday, and buyers and sellers in the marketplace face each other as “equals” – lies a foundation of immense inequality. Yet workers have always rebelled. They've organized unions, struck, picketed, boycotted, formed political organizations and parties – sometimes they have actually won and improved their lives. But, Marx argued, because capitalism is the apotheosis of class society, it must be the last class society: it must, therefore, be destroyed. And only the working class, said Marx, is capable of creating that change. In his timely and innovative book, Michael D. Yates asks if the working class can, indeed, change the world. Deftly factoring in such contemporary elements as sharp changes in the rise of identity politics and the nature of work, itself, Yates asks if there can, in fact, be a thing called the working class? If so, how might it overcome inherent divisions of gender, race, ethnicity, religion, location – to become a cohesive and radical force for change? Forcefully and without illusions, Yates supports his arguments with relevant, clearly explained data, historical examples, and his own personal experiences. This book is a sophisticated and prescient understanding of the working class, and what all of us might do to change the world.
Author: Selina Todd
Publisher: Hachette UK
ISBN: 1848548834
Category : History
Languages : en
Pages : 543
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Book Description
THE SUNDAY TIMES BESTSELLER 'There was nothing extraordinary about my childhood or background. And yet I looked in vain for any aspect of my family's story when I went to university to read history, and continued to search fruitlessly for it throughout the next decade. Eventually I realised I would have to write this history myself.' What was it really like to live through the twentieth century? In 1910 three-quarters of the population were working class, but their story has been ignored until now. Based on the first-person accounts of servants, factory workers, miners and housewives, award-winning historian Selina Todd reveals an unexpected Britain where cinema audiences shook their fists at footage of Winston Churchill, communities supported strikers, and where pools winners (like Viv Nicholson) refused to become respectable. Charting the rise of the working class, through two world wars to their fall in Thatcher's Britain and today, Todd tells their story for the first time, in their own words. Uncovering a huge hidden swathe of Britain's past, The People is the vivid history of a revolutionary century and the people who really made Britain great.
Author: Ainsley, Claire
Publisher: Policy Press
ISBN: 1447344197
Category : Political Science
Languages : en
Pages : 210
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Book Description
Recent events such as the Brexit vote and the 2017 general election result highlight the erosion of traditional class identities and the decoupling of class from political identity. The majority of people in the UK still identify as working class, yet no political party today can confidently articulate their interests. So who is now working class and how do political parties gain their support? Based on the opinions and voices of lower and middle income voters, this insightful book proposes what needs to be done to address the issues of the 'new working class'. Outlining the composition, values, and attitudes of the new working class, it provides practical recommendations for political parties to reconnect with the electorate and regain trust.
Author: Joshua B. Freeman
Publisher: The New Press
ISBN: 1620977087
Category : Business & Economics
Languages : en
Pages : 436
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Book Description
A “lucid, detailed, and imaginative analysis” (The Nation) of the model city that working-class New Yorkers created after World War II—and its tragic demise More than any other city in America, New York in the years after the Second World War carved out an idealistic and equitable path to the future. Largely through the efforts of its working class and the dynamic labor movement it built, New York City became the envied model of liberal America and the scourge of conservatives everywhere: cheap and easy-to-use mass transit, work in small businesses and factories that had good wages and benefits, affordable public housing, and healthcare for all. Working-Class New York is an “engrossing” (Dissent) account of the birth of that ideal and the way it came crashing down. In what Publishers Weekly calls “absorbing and beautifully detailed history,” historian Joshua Freeman shows how the anticommunist purges of the 1950s decimated the ranks of the labor movement and demoralized its idealists, and how the fiscal crisis of the mid-1970s dealt another crushing blow to liberal ideals as the city’s wealthy elite made a frenzied grab for power. A grand work of cultural and social history, Working-Class New York is a moving chronicle of a dream that died but may yet rise again.
