By the early 1990s, employee stock ownership plans (ESOPs) had become as prevalent in unionized firms as in nonunionized firms. However, little research has been devoted to examining the implications of ESOPs for collective bargaining or, more generally, for cross ownership. In this paper, we...

If the American labor movement is to rise again, it will not be as a result of electing Democrats, the passage of legislation, or improved methods of union organizing. Rather, workers will need to rediscover the power of the strike. Not the ineffectual strike of today, where employees meekly sit...