Book Information
Working Capital
The Power of Labor's Pensions
Archon Fung (Editor); Tessa Hebb (Editor); Joel Rogers (Editor); Leo W. Gerard (Foreword)
Cloth, 2001 ISBN: 978-0-8014-3901-8
$ 46.00 £28.95
"U.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 long-term 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. Contributors: Dean Baker, Center for Economic and Policy Research Eric Becker, Trillium Asset Management Michael Calabrese, New America Foundation Archon Fung, John F. Kennedy School of Government, Harvard University Leo W. Gerard, United Steelworkers of America Teresa Ghilarducci, University of Notre Dame Tessa Hebb, Hebb, Knight and Associates David Mackenzie, United Steelworkers of America J. W. Mason, Center for Working Capital, AFL-CIO Patrick McVeigh, Trillium Asset Management Marleen O'Connor, Stetson University College of Law Bill Patterson, AFL-CIO Damon Silvers, AFL-CIO Jayne Zanglein, George Meany Center for Labor Studies "
About the Author
Archon Fung is Associate Professor of Public Policy at the John F. Kennedy School of Government, Harvard University. He is the author of Can We Put an End to Sweatshops?, Deepening Democracy, and Empowered Participation and coeditor with Joshua Cohen of Institutions of Justice: Constitutionalism, Democracy and State Power. Tessa Hebb is an independent economic consultant working with unions in the U.S. and Canada on pension and investment issues. She is Director of the Capital Strategies Program at CSTIER, Carleton University, Canada. JOEL ROGERS is Professor of Law, Political Science, and Sociology at the University of Wisconsin, Madison, and Director of the Center on Wisconsin Strategy. He is coauthor of The Forgotten Majority: Why the White Working Class Still Matters. Leo W. Gerard is Secretary-Treasurer of the United Steelworkers of America.
Subject Areas
Industrial and Labor Relations
