{"product_id":"the-rise-of-the-working-class-david-webber-9780674972131","title":"The Rise of the Working-Class Shareholder: Labor's Last Best Weapon","description":"\u003cp\u003eWhen 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. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eIn \u003ci\u003eThe Rise of the Working-Class Shareholder: Labor's Last Best Weapon\u003c\/i\u003e, 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. \u003cp\u003e\u003c\/p\u003e\u003ci\u003eThe Rise of the Working-Class Shareholder \u003c\/i\u003eis 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.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e David Webber\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 0674972139\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780674972131\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Harvard University Press\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 04\/02\/2018\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 352\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.20lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 8.40h x 5.80w x 1.00d\u003cbr\u003e\u003cbr\u003e\u003cb\u003eReview Citation(s): \u003c\/b\u003e\u003cbr\u003e\u003ci\u003ePublishers Weekly\u003c\/i\u003e 02\/12\/2018\u003cbr\u003e\u003ci\u003eChoice\u003c\/i\u003e 08\/01\/2018\u003cbr\u003e\u003ci\u003eLibrary Journal\u003c\/i\u003e 04\/01\/2018 pg. 81","brand":"David Webber","offers":[{"title":"Hardcover","offer_id":44128512803071,"sku":"9780674972131","price":39.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_e4099ec9-c400-4a04-b36d-68aa8fcc76b7.jpg?v=1687459033","url":"https:\/\/www.whiterainbookhouse.com\/products\/the-rise-of-the-working-class-david-webber-9780674972131","provider":"WR Book House","version":"1.0","type":"link"}