Download or read book Democratizing Pension Funds written by Ronald B. Davis and published by UBC Press. This book was released on 2009-01-01 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book will spark a debate concerning the need for democracy and accountability in the governance of trillions of dollars of plan members' pension plan assets and the legitimacy of the present, mostly unaccountable, corporate governance decisions made by these plans. The author analyzes the reasons for this passivity, pointing to conflicts of interest with respect to corporate governance activity in pension plans and also to limitations in corporate, securities, and pension law. He argues that plan members should be given a voice in pension plan governance and the plans made accountable, and he outlines the legal reforms necessary.
Download or read book The Democratisation of Investment by Occupational Pension Funds written by Michael Gold and published by . This book was released on 1981 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Democratizing Finance written by Fred Block and published by Verso Books. This book was released on 2022-02-08 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: What if our financial system were organized to the benefit of the many rather than simply empowering the few? Robert Hockett and Fred Block argue that an entirely different financial system is both desirable and possible. They outline concrete steps that could get us there. Financial systems move the worlds savings from investment to investment, chasing the highest rates of return. They run on profit. But what if investment went to the enterprises or institutions that provided things that the majority of people would prioritize? Democratizing Finance includes six responses that seek to amend, elaborate, and challenge the arguments developed by Hockett and Block. Some of the core arguments put forward by other contributors include calls for the rapid elimination of private financial entities, the dilemmas of the politics associated with financial reforms, and the fate of parallel proposals advanced in the US in the 1930s.
Download or read book Labor in the Age of Finance written by Sanford M. Jacoby and published by Princeton University Press. This book was released on 2021-06 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: From award-winning economic historian Sanford M. Jacoby, a fascinating and important study of the labor movement and shareholder capitalism Since the 1970s, American unions have shrunk dramatically, as has their economic clout. Labor in the Age of Finance traces the search for new sources of power, showing how unions turned financialization to their advantage. Sanford Jacoby catalogs the array of allies and finance-based tactics labor deployed to stanch membership losses in the private sector. By leveraging pension capital, unions restructured corporate governance around issues like executive pay and accountability. In Congress, they drew on their political influence to press for corporate reforms in the wake of business scandals and the financial crisis. The effort restrained imperial CEOs but could not bridge the divide between workers and owners. Wages lagged behind investor returns, feeding the inequality identified by Occupy Wall Street. And labor’s slide continued. A compelling blend of history, economics, and politics, Labor in the Age of Finance explores the paradox of capital bestowing power to labor in the tumultuous era of Enron, Lehman Brothers, and Dodd-Frank.
Download or read book Democratizing the Development Process written by Neal R. Peirce and published by . This book was released on 1979 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Neoliberal Democratization and New Authoritarianism written by Dennis C. Canterbury and published by Routledge. This book was released on 2019-06-04 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 2005. Domestic and foreign economic and political policies in the rich capitalist nations in the North and in the poor countries in the South are geared towards globalization and democratization. Indeed the dominant view held by countries in the North is that globalization leads to democracy and vice versa, and that in turn economic development will result from that process. Thus many scarce resources are allocated to bring about globalization and democracy. Exploring the dynamics of change that allow for the persistence of authoritarian states in the Third World, this illuminating book highlights certain aspects of democratization that have not been investigated fully. Anyone interested in development politics and political sociology will draw a plethora of important theoretical insights into globalization, authoritarianism and transition/democratization from this original study.
Download or read book Social Policy Dismantling and De democratization in Brazil written by Sonia Fleury and published by Springer Nature. This book was released on 2023-09-22 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the emergence of authoritarian populist regimes, analyzing Brazil as a case study. The authors explain how the tactics employed by the Bolsonaro administration to dismantle bureaucracy and public policies, especially labour and social policies, find expression in the fiscal austerity measures recently inscribed in the Federal Constitution: a counter-democratic device employed by technical and financial elites to systemically derail the social protection system. Through this in-depth case study, the book presents new theoretical arguments and concepts that can be useful to understand the dynamics of such new regimes, and discussing similar cases in other contexts. Democratic governments in Brazil, driven by social movements and political actors, have strengthened social protection through a distinctive institutional architecture that combines the strengthening of public bureaucracies, the creation of intergovernmental networks, and the democratic instances of social participation and agreement. The contributions throughout this volume analyze these transformations in different sectors of public policy, such as labour, employment, pensions, food and nutrition security, health, and social assistance. Each contribution discusses the recent trajectory through a political analysis of the main actors and institutions, reform processes and policy changes, and the results achieved. Finally, the existing weaknesses in each of these social protection sectors are identified in the context of the literature on policy dismantling, revealing the strategies used to take advantage of these political and institutional weaknesses. This book will appeal to students, scholars, and researchers of political science and public policy, interested in a better understanding of de-democratization by social policy dismantling.
Download or read book Democracy and Democratization written by John D Nagle and published by SAGE. This book was released on 1999-05-26 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: This wide-ranging overview of the processes of democratization in post-Communist Europe, places the transitions in East-Central Europe within a broad European and global context. The authors begin with a introduction to the concept and theories of democracy and then examine the emerging politics of the new democracies to set the post-Communist transitions in longer-term comparative perspective with earlier and existing processes of democratization in Southern Europe, Latin America, and East and Southeast Asia. Finally the politics of EU accession are introduced to place the transitions within the wider context of European integration. Concluding with a summary of recent critiques of modern democracy and looking toward future theories, this text provides a comprehensive introduction to what will remain the key contemporary issue for all students of political science.
Download or read book Fiduciary Law and Responsible Investing written by Benjamin J. Richardson and published by Routledge. This book was released on 2013-08-21 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about fiduciary law’s influence on the financial economy’s environmental performance, focusing on how the law affects responsible investing and considering possible legal reforms to shift financial markets closer towards sustainability. Fiduciary law governs how trustees, fund managers or other custodians administer the investment portfolios owned by beneficiaries. Written for a diverse audience, not just legal scholars, the book examines in a multi-jurisdictional context an array of philosophical, institutional and economic issues that have shaped the movement for responsible investing and its legal framework. Fiduciary law has acquired greater influence in the financial economy in tandem with the extraordinary recent growth of institutional funds such as pension plans and insurance company portfolios. While the fiduciary prejudice against responsible investing has somewhat waned in recent years, owing mainly to reinterpretations of fiduciary and trust law, significant barriers remain. This book advances the notion of ‘nature’s trust’ to metaphorically signal how fiduciary responsibility should accommodate society’s dependence on long-term environmental well-being. Financial institutions, managing vast investment portfolios on behalf of millions of beneficiaries, should manage those investments with regard to the broader social interest in sustaining ecological health. Even for their own financial self-interest, investors over the long-term should benefit from maintaining nature’s capital. We should expect everyone to act in nature’s trust, from individual funds to market regulators. The ancient public trust doctrine could be refashioned for stimulating this change, and sovereign wealth funds should take the lead in pioneering best practices for environmentally responsible investing.
Download or read book Democratization and Market Reform in Developing and Transitional Countries written by James G. McGann and published by Routledge. This book was released on 2010-01-04 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the pivotal role of think tanks in the democratization and economic reform movements by evaluating their overall effect on the transformation process in developing and transitional countries around the world. James G. McGann assesses twenty-three think tanks, located in nine countries and four regions of the world: Chile, Peru, Poland, Slovakia, South Africa, Botswana, the Philippines, Thailand, and Vietnam, that have most impacted political and economic transitions in their respective countries. The author examines the role they played in the process of democratization and market reform during the late 80s and 90s and identifies the importance of think tanks in these processes by evaluating their overall effect on the policymaking process. He argues in the early stages of a transition from an authoritarian regime to an open and democratic society the activities of think tanks are especially critical, and they have provided a civil society safety net to support these fragile democracies. This book will be of interest to students and scholars of political science, democratization, development, economic development and civil society.
Download or read book Democratizing the Corporation written by Isabelle Ferreras and published by Verso Books. This book was released on 2024-03-19 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Worker representation is the first step toward democratizing the economy Although contemporary Western societies refer to themselves as “democratic,” the bulk of the population spend much of their lives in workplaces that have more in common with tyranny. Gigantic corporations such as Amazon, Meta, Exxon, and Walmart are among the richest and most powerful institutions in the world yet accountable to no one but their shareholders. The undemocratic nature of conventional firms generates profound problems across society, hurting more than just the workplace and contributing to environmental destruction and spiraling inequality. Against this backdrop, Isabelle Ferreras proposes a radical but realistic plan to democratize the private firm. She suggests that all large firms should be bicamerally governed, with a chamber of worker representatives sharing equal governance power with the standard board representing owners. In response to this proposal, twelve leading experts on corporate behavior from multiple disciplines consider its attractiveness, viability, and achievability as a “real utopian” proposal to strengthen democracy in our time.
Download or read book The People s Pension written by Eric Laursen and published by AK Press. This book was released on 2012 with total page 834 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the potential benefits of a government-independent, democratized Social Security system to support dependents suffering from the reduction of other government benefits.
Download or read book Advocacy Coalitions and Democratizing Media Reforms in Latin America written by Christof Mauersberger and published by Springer. This book was released on 2015-07-27 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines democratizing media reforms in Latin America. The author explains why some countries have recently passed such reforms in the broadcasting sector, while others have not. By offering a civil society perspective, the author moves beyond conventional accounts that perceive media reforms primarily as a form of government repression to punish oppositional media. Instead, he highlights the pioneering role of civil society coalitions, which have managed to revitalize the debate on communication rights and translated them into specific regulatory outcomes such as the promotion of community radio stations. The book provides an in-depth, comparative analysis of media reform debates in Argentina and Brazil (analyzing Chile and Uruguay as complementary cases), supported by original qualitative research. As such, it advances our understanding of how shifting power relations and social forces are affecting policymaking in Latin America and beyond.
Download or read book Pensions Imperilled written by Craig Berry and published by Oxford University Press. This book was released on 2021-01-11 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Private pensions provision in the UK is in crisis, yet it is not the crisis often depicted in political and popular discourses. While population ageing has affected traditional pensions practice, the imperilment of UK pensions is due in fact to the peculiar way policy-makers have responded to wider social and economic change. Pensions are a mechanism for managing failed futures, yet this function is being impeded by the individualization of provision. This book offers a political economy perspective on the development of private pensions, focusing specifically on how policy elites have sought to respond to perceived crises of demographic change, under-saving, and fund deficits, and in doing so have absorbed imperatives to subject individuals to a market-led regime under the influence of neoliberal ideology. This terrain is explored through chapters on the historical and comparative context of UK pensions provision, the demise of collectivist provision, the rise of pensions individualization and the state's role as facilitator and regulator in this regard, and the financial and economic context in which pensions provision operates. By placing the UK system in a comparative context of pensions reform agendas across the world, this book offers an original understanding of the unique temporality and materiality of pensions provision as a set of mechanisms for coping with generational change and forecast failures in capitalist economies. It also presents a nuanced account of the extent to which the state acts to anchor the process of pensions rematerialization and, crucially, concludes by outlining a coherent and radical programme of progressive pensions reform.
Download or read book The Routledge Handbook of Responsible Investment written by Tessa Hebb and published by Routledge. This book was released on 2015-08-11 with total page 764 pages. Available in PDF, EPUB and Kindle. Book excerpt: The UN-supported Principles for Responsible Investment initiative has led to around a third of the world’s financial assets being managed with a commitment to invest in a way that considers environmental, social or governance (ESG) criteria. The responsible investment trend has increased dramatically since the global financial crisis, yet understanding of this field remains at an early stage. This handbook provides an atlas of current practice in the field of responsible investment. With a large global team of expert contributors, the book explores the impact of responsible investment on key financial actors ranging from mainstream asset managers to religious organizations. Offering students and researchers a comprehensive introduction to current scholarship and international structures in the expanding discipline of responsible investment, this handbook is vital reading across the fields of finance, economics and accounting.
Download or read book Democratizing Finance written by Marion Laboure and published by Harvard University Press. This book was released on 2022-04-05 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: We are only in the early stages of a broader revolution that will impact every aspect of the global economy, including commerce and government services. Coming financial technology innovations could improve the quality of life for all people. Over the past few decades, digital technology has transformed finance. Financial technology (fintech) has enabled more people with fewer resources, in more places around the world, to take advantage of banking, insurance, credit, investment, and other financial services. Marion Laboure and Nicolas Deffrennes argue that these changes are only the tip of the iceberg. A much broader revolution is under way that, if steered correctly, will lead to huge and beneficial social change. The authors describe the genesis of recent financial innovations and how they have helped consumers in rich and poor countries alike by reducing costs, increasing accessibility, and improving convenience and efficiency. They connect the dots between early innovations in financial services and the wider revolution unfolding today. Changes may disrupt traditional financial services, especially banking, but they may also help us address major social challenges: opening new career paths for millennials, transforming government services, and expanding the gig economy in developed markets. Fintech could lead to economic infrastructure developments in rural areas and could facilitate emerging social security and healthcare systems in developing countries. The authors make this case with a rich combination of economic theory and case studies, including microanalyses of the effects of fintech innovations on individuals, as well as macroeconomic perspectives on fintech’s impact on societies. While celebrating fintech’s achievements to date, Laboure and Deffrennes also make recommendations for overcoming the obstacles that remain. The stakes—improved quality of life for all people—could not be higher.
Download or read book Globalization Democratization and Multilateralism written by Stephen Gill and published by Springer. This book was released on 2016-07-27 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization involves structural changes in forms of state, society and culture, ecology and political economy and in ethics and expectations. In this collection, globalization and multilateralism are linked to questions of epistemology, ontology, and strategy. Epistemology entails critical questioning of the nature of knowledge and its foundations. Ontology concerns the significant factors in global political economy. Strategy involves how to move world affairs from its present condition towards normative goals enunciated in the MUNS programme, so as to promote collective ability to channel structural change in a more democratic direction.
