We examine an important recent organizing success of the US labour movement: the 'Justice for Janitors' campaign in Los Angeles. This campaign has spanned a complete business cycle and shows the union's capacity for growth over time. It illustrates the potential for unions to overcome...

The increase in income inequality and household debt of middle- and lower-income households in the USA over several decades led to increasingly fragile financial institutions and set the stage for the most serious recession in the last 60 years. The proximate cause of the economic crisis was the...

Private equity, hedge funds, sovereign wealth funds and other private pools of capital form part of the growing shadow banking system in the United States; these new financial intermediaries provide an alternative investment mechanism to the traditional banking system. Private equity and hedge...

Targets of private equity usually have faster job growth than other companies before they are taken over. On average they also have higher rates of profitability. The claim that private equity mostly helps struggling companies is not borne out by the facts. Moreover, the investors who provide...

This paper identifies a number of questions that need to be answered if the growing interest in building investment portfolios of firms that follow socially and environmentally sustainable practices is to be successful in transforming the financial institutions and analysts from a liability to...