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15 - Organizing workers globally

the need for public policy to regulate investment

from Part III - Labor’s evolution in the new economy

Published online by Cambridge University Press:  07 September 2011

Cynthia A. Williams
Affiliation:
University of Illinois, Chicago
Peer Zumbansen
Affiliation:
Osgoode Hall Law School, York University, Toronto
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Summary

Introduction

Organizing workers and collective bargaining are central activities of trade unions, but clearly they do not take place in a political or economic vacuum. With globalization, workers are increasingly part of global supply chains where companies can relocate investment to counter union pressure or undertake regulatory arbitrage. The thinking behind policy advocacy by unions covering the global economy is precisely to increase the leverage that unions have at all levels to organize workers, to negotiate with and have influence over multinational enterprises.

The financial crisis that deepened in September 2008 with the collapse of Lehman Brothers has mutated into a jobs crisis and sovereign debt crisis that has major social costs. However there was already a crisis of distributional justice, in part due to the impacts of market driven globalization before the onset of the financial crisis.

Type
Chapter
Information
The Embedded Firm
Corporate Governance, Labor, and Finance Capitalism
, pp. 333 - 349
Publisher: Cambridge University Press
Print publication year: 2011

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