FUELING FINANCIALIZATION: Organized Labor, Pension Funds, and Worker Power
Thursday, April 7, 2022 * 12:00 PM - 1:00 PM (U.S. Eastern Time)
The upswing in financialization since the 1970s has coincided with the steady growth of long-term retirement savings and the consolidation of worker pensions in institutional capital pools. Pension fund demand for high-yield, long-term financial claims has made U.S. funded pensions as the world’s single most consequential financializing force over the past half-century. What can organized labor do to improve their stewardship of this massive pool of pensions to build worker power? Join Benjamin Braun and Samir Sonti as they discuss Braun's latest article in New Labor Forum.
SPEAKERS:
Author - "Fueling Financialization: The Economic Consequences of Funded Pensions"
Senior Researcher - Max Planck Institute for the Study of Societies
Assistant Professor - CUNY School of Labor & Urban Studies
Books Editor - New Labor Forum
Sponsored by the CUNY School of Labor and Urban Studies,
New Labor Forum, and the Reinventing Solidarity podcast.
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