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Unions Renewed
Building Power in an Age of Finance
Alice Martin (Author), Annie Quick (Author)
9781509539123, Polity Press
Paperback / softback, published 25 September 2020
140 pages
21.6 x 13.7 x 1.8 cm, 0.249 kg
“Unions Renewed is a must-read for all in the labour movement who believe that winning working class power extends beyond government, and must be built from organising in our communities and workplaces, democratising our economy and, necessarily, our trade unions.” “Belongs on the desk of any activist who is serious about real, workable strategies for 2020 and beyond.” “In one of the best simple explanations of financialization I have seen, Unions Renewed dissects how Private Equity corporations profit while destroying jobs. It calls on unions to develop new strategies to rebuild workers’ power based on how the economy has been reorganized.” “Unions Renewed offers a critique of labour’s strategic status quo grounded in a clear and powerful analysis of the shifting economic ground beneath us. The authors think both historically and globally – and their insights just keep coming. This book will make a real difference.” “The profound social and workforce changes around the dynamics of class, race and gender pose significant challenges, and opportunities, to the trade union movement. To act on this, radical solutions are required which move beyond traditional modes of worker organization. Insights in this important new book shine a light on this changing context and help to chart new pathways to the restoration of trade union legitimacy and power.” “Unions Renewed is a clarion call for a stronger, fiercer, better labour movement and it couldn't come at a more important time. While too much of the conversation about the working class is mired in nostalgic dreams of a past that never really was, Martin and Quick have explained why labour must understand the economy that we currently have in order to take power and shape the future. Read it, and then share it with your coworkers.” “Unions Renewed engages especially well with the grassroots of current efforts at renewal... It stands as an urgent and accessible contribution to discussions on union revitalisation, and it will become ever more essential reading as we consider how to build workers’ power in the midst of crises like that of Arcadia.”
Nadia Whittome, care worker and Labour MP for Nottingham East
Morning Star
Stephen Lerner, US Labor Organizer, Founder of the ‘Justice for Janitors’ campaign
Sam Pizzigati, labour journalist and associate fellow, Institute for Policy Studies, Washington, DC
Dr Ian Manborde, Equalities and Diversity Organizer, Equity trade union; former programme coordinator of the MA in International Labour and Trade Union Studies (ILTUS) at Ruskin College, Oxford; founding member of the Coalition of Black Trade Unionists (UK)
Sarah Jaffe, author of Necessary Trouble: Americans in Revolt and Work Won't Love You Back
Marx & Philosophy Review Of Books
“Unions Renewed offers […] an admirably clear explanation of […] a notoriously complex phenomenon”
New Statesman
Unions face a once in a generation opportunity for renewal. Decades of decline have been compounded by a global elite who increasingly generate profit from financial engineering in ways that side-step labour and undermine the power of organised workers. However, as this economic system begins to falter, there are signs of a renewed union movement emerging. Debt-laden firms – from supermarkets and nursery chains to outsourcing giants – are collapsing, and workers are organising to determine what comes next. Unionised bank cashiers are refusing to push predatory loans, teachers are striking against the exploitative housing market, and manufacturing workers are pooling redundancy pay to buy-out plants and become worker owners. Alice Martin and Annie Quick argue that these are seeds of union renewal. To be effective in an age of finance, the union movement must set its ambitions beyond narrow wage-bargaining, and towards the financial systems that have infiltrated workplaces and impoverished communities. By doing so, they can play a critical role in ushering in a new, democratic economy. No-one committed to economic justice can afford to miss this urgent, highly original book and its radical vision for unions.
Acknowledgements Introduction Building economic democracy under financial capitalism The scope of this book The way ahead Notes 1 How financialization undermines the power of workers Finance today: speculative, extractive and rent-seeking A changed economic landscape for labour Change is coming Notes 2 Understanding and rebuilding union power The challenge: empowering unions to be a force against finance What is union power? Looking back: the rise and decline of union power The ‘golden age’ of union power The attack on unions The demise of collective bargaining The state of play today: organizing without institutional power Lessons from Europe We can’t turn back the clock Rebuilding an institutional role for unions in today’s economy Democratizing the economy requires rank-and-file union strength Notes 3 Bargaining with finance Unions in and for the community Mobilizing the whole bargaining unit Using workplace power where it still exists Targeting the real boss Leverage shareholder power Collective bargaining outside work Building militant, democratic, intersectional unions Notes 4 Owning the future A renewed role Democratizing ownership Becoming worker-owners Unions as investors in the areas side-lined by capital Unions leading the move away from damaging work Unions leading the fight for free time Unions as architects of a democratic future Notes Conclusion: a way forward The process of renewal Notes
Subject Areas: Economics [KC]
