_david-webber-book-talk-the-rise-of-the-working-class-shareholder-labors-last-best-weapon.jpg "David Webber Book Talk: The Rise of the Working-Class Shareholder: Labor’s Last Best Weapon from value of pension fund Video Screenshot Preview")
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⏲ Duration: 34 min 76 sec
✓ Published: 20-Dec-2023
✓ Published: 20-Dec-2023
Description:
When supermarket chain Safeway cut wages and benefits for unionized workers, the corporation expected they could withstand the traditional strike. It was a new tactic, however, that proved more successful. A public employees’ pension fund leveraged its $300 billion investment to lead a shareholder revolt that unseated three Safeway board members.nnIn The Rise of the Working Class Shareholder: Labor’s Last Best Weapon, David Webber uses such cases to explore one of labor’s unheralded weapon
When supermarket chain Safeway cut wages and benefits for unionized workers, the corporation expected they could withstand the traditional strike. It was a new tactic, however, that proved more successful. A public employees’ pension fund leveraged its $300 billion investment to lead a shareholder revolt that unseated three Safeway board members.nnIn The Rise of the Working Class Shareholder: Labor’s Last Best Weapon, David Webber uses such cases to explore one of labor’s unheralded weapon
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