{"product_id":"labor-in-the-age-of-finance-9780691217628","title":"Labor in the Age of Finance","description":"\u003cp\u003e\u003cb\u003eFrom award-winning economic historian Sanford M. Jacoby, a fascinating and important study of the labor movement and shareholder capitalism\u003c\/b\u003e\u003cbr\u003e\u003cbr\u003eSince the 1970s, American unions have shrunk dramatically, as has their economic clout. \u003ci\u003eLabor in the Age of Finance\u003c\/i\u003e traces the search for new sources of power, showing how unions turned financialization to their advantage.\u003cbr\u003e\u003cbr\u003eSanford 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.\u003cbr\u003e\u003cbr\u003eA compelling blend of history, economics, and politics, \u003ci\u003eLabor in the Age of Finance\u003c\/i\u003e explores the paradox of capital bestowing power to labor in the tumultuous era of Enron, Lehman Brothers, and Dodd-Frank.\u003c\/p\u003e","brand":"Sanford M. Jacoby","offers":[{"title":"Default Title","offer_id":42959827435638,"sku":"9780691217628","price":26.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0671\/1374\/6550\/files\/CoreSourceHub_bea1746c-407f-4e7d-a99a-fd99c5691df2.jpg?v=1767776403","url":"https:\/\/ingramacademic.com\/products\/labor-in-the-age-of-finance-9780691217628","provider":"Ingram Academic \u0026 Professional","version":"1.0","type":"link"}