The 'Prudent Man' Rule and Maximum Rate of Return -- The Expansion of Capital Markets -- Shareholder Activism -- Unions, Social Investment, and Corporate Accountability -- Value, Capital Accumulation, and Radical Accounting -- Venture Capital, Economically Targeted Investment, and Economic Development -- Carpenters and Concert: Social Accounting Models -- Collingwood and Concert: Union and Community -- Two Models for Union Control of Pension Funds -- Education and Research -- Future Research
Summary
"In Pension Power, Isla Carmichael argues that unions could - and should - have a new role to play in the economy by gaining control over their members' pension funds. She demonstrates how the financial industry's access to the capital goes against the interests of working people, and she provides convincing evidence that management of pensions by unions would offer better protection of employee benefits and greater investment in community infrastructure and the environment."--Jacket
