Waiting for the North to Rise: Revisiting Barber and Rifkin after a Generation of Union Financial Activism in the U.S.

  title={Waiting for the North to Rise: Revisiting Barber and Rifkin after a Generation of Union Financial Activism in the U.S.},
  author={Richard Marens},
  journal={Journal of Business Ethics},
  • Richard Marens
  • Published 1 June 2004
  • Economics
  • Journal of Business Ethics
A generation ago, Barber and Rifkin [The North Will Rise Again: Pensions, Politics and Power in 1980s (Beacon Press, Boston)] envisioned a new strategy for American Labor that would make extensive use of the capital in multi-employer and public pension plans. They argued that organized labor could influence how these funds were invested in order use this capital as both a weapon in struggles with recalcitrant management and as a tool to generate new union jobs. A number of union officials took… 
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