On being a union-nominated pension fund trustee

Santos, Herman Lucas dos

doi:10.1177/1024258910390809

Cited by 2 publications

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“…Further, cross-field organizing can potentially affect asset prices, which may become increasingly salient in an era where firms generate a growing share of profit through financial speculation (Krippner 2005). Unions have built coalitions in the finance field, where they can attempt to wield power through their holdings in pension funds, and research has shown that anticorporate activism can have an effect on stock price returns (King and Soule 2007;Marens 2008;Santos 2011). We can recognize from all of these examples that the fields in which unions can mobilize are determined not by their similarity to the workplace, but by the embeddedness of employers and potential allies.…”

Section: Discussionmentioning

confidence: 99%

Contention Across Social Fields: Manipulating the Boundaries of Labor Struggle in the Workplace, Community, and Market

Gastón

2017

Social Problems

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A growing literature examines the dynamics of social movement contention within and across "social fields." While fields tend toward stability, events and processes elsewhere in a broader system of fields can provide opportunities for movement mobilization. Most accounts see these cross-field dynamics as exogenous events, granting movements little control over when and how these opportunities might emerge. In contrast, this article argues that activists can and do purposely create cross-field effects. Examining changes in contentious practice in the American labor movement-which in recent decades, has reoriented contention over workplace issues away from workplaces themselves, and toward political arenas more traditionally dominated by community concerns-this article advances the concept of cross-field manipulation, purposive strategic action that accounts for the positioning of actors across social fields, triggering events in one field so as to reorder the dynamics of another. Using a historical study of evolving organizing practices in a Southern California hotel workers' union, including interviews and archival sources, the paper identifies three mechanisms-power analysis, alliance building, and actor-triggered crises-whereby labor activists purposely generate cross-field effects. Through repeated interactions with employers and polities, activists learned a unique campaign model that politicized workplace conflict in communities and markets, generating opportunities for workplace gains.

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Section: Discussionmentioning

confidence: 99%

Contention Across Social Fields: Manipulating the Boundaries of Labor Struggle in the Workplace, Community, and Market

Gastón

2017

Social Problems

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“…Nonetheless, both scholars (Ghilarducci, 2003; Rifkin and Barber, 1978) and activists, particularly those associated with the labour movement, have been exploring the possibilities for labour to exercise power in the financial arena for decades. This includes efforts to place trade union trustees on the boards of pension funds, to impose social conditions on investment, and to fund particular projects with perceived social benefits such as affordable housing (Quarter et al, 2003; Santos, 2011; Sayce and Gold, 2011; Vitols, 2011).…”

Section: Responsible Investment As a Regulatory Mechanismmentioning

confidence: 99%

Contradictions of financialised neoliberalism: The contemporary practice of responsible investment

Parfitt

2018

Journal of Sociology

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Considering a central plank of Canberra's 1980s economic rationalist agenda, namely the introduction of compulsory superannuation, the article interrogates two key contradictions of financialised neoliberalism. The first concerns state regulation as against the operation of market mechanisms. The second is the tension between neoliberalism's imaginary of freely contracting individuals as against a lived reality of submission to compulsory and collective structures. The article argues that the emergence of responsible investment, as a political strategy and as a device for regulating corporate conduct, is closely linked to the privatisation of retirement security through compulsory superannuation. These related developments demonstrate how some contradictions of financialised neoliberalism operate. This is explored through an examination of the literature and case study evidence from interviews with responsible investment practitioners.

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On being a union-nominated pension fund trustee

Cited by 2 publications

References 0 publications

Contention Across Social Fields: Manipulating the Boundaries of Labor Struggle in the Workplace, Community, and Market

Contention Across Social Fields: Manipulating the Boundaries of Labor Struggle in the Workplace, Community, and Market

Contradictions of financialised neoliberalism: The contemporary practice of responsible investment

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