Upcoming Event

David Webber

presents

The Rise of the Working-Class Shareholder:
Labor's Last Best Weapon

This event includes a book signing

Date

Apr
13
Friday
April 13, 2018
7:00 PM

Location

Harvard Book Store
1256 Massachusetts Ave., Cambridge, MA 02138

Tickets

This event is free; no tickets are required.

Harvard Book Store and the American Constitution Society welcome Boston University Law professor DAVID WEBBER for a discussion of his new book, The Rise of the Working-Class Shareholder: Labor's Last Best Weapon.

About The Rise of the Working-Class Shareholder

When Steven Burd, CEO of the supermarket chain Safeway, cut wages and benefits, starting a five-month strike by 59,000 unionized workers, he was confident he would win. But where traditional labor action failed, a novel approach was more successful. With the aid of the California Public Employees’ Retirement System, a $300 billion pension fund, workers led a shareholder revolt that unseated three of Burd’s boardroom allies.

In The Rise of the Working-Class Shareholder: Labor's Last Best Weapon, David Webber uses cases such as Safeway’s to shine a light on labor’s most potent remaining weapon: its multitrillion-dollar pension funds. Outmaneuvered at the bargaining table and under constant assault in Washington, state houses, and the courts, worker organizations are beginning to exercise muscle through markets. Shareholder activism has been used to divest from anti-labor companies, gun makers, and tobacco; diversify corporate boards; support Occupy Wall Street; force global warming onto the corporate agenda; create jobs; and challenge outlandish CEO pay. Webber argues that workers have found in labor’s capital a potent strategy against their exploiters. He explains the tactic’s surmountable difficulties even as he cautions that corporate interests are already working to deny labor’s access to this powerful and underused tool.

The Rise of the Working-Class Shareholder is a rare good-news story for American workers, an opportunity hiding in plain sight. Combining legal rigor with inspiring narratives of labor victory, Webber shows how workers can wield their own capital to reclaim their strength.

Praise

"A riveting, thorough, and thoughtful book that is not only a fast and fun read, but contributes wonderfully to a new and ongoing conversation about inequality, dark money, and populism in the electorate." —Mehrsa Baradaran, author of The Color of Money: Black Banks and the Racial Wealth Gap

"In The Rise of the Working-Class Shareholder, David Webber shares the inspirational story of a group of ingenious individuals who discovered a new source of power for the labor movement: shareholder activism. Webber provides a compelling new legal and policy framework for using labor’s capital to advance members’ interests both as workers and as investors saving for retirement." —Jennifer Taub, Vermont Law School

"David H. Webber argues forcefully that the future of the American worker is inextricably bound with shareholder power. It is only when labor’s capital is fully unleashed, Webber theorizes, that American workers will then be able to win back control of their destiny. This is an important book." —Steven Davidoff Solomon, Berkeley Center for Law and Business

David Webber
David Webber

David Webber

David Webber is Professor of Law at Boston University School of Law. He is a leading expert on securities law and corporate governance. He has published articles in the New York University Law Review, the Northwestern University Law Review, and the Journal of Corporation Law, and has presented his research at the Harvard Stanford Yale Junior Faculty Forum, the Conference on Empirical Legal Studies, and the American Law and Economics Association conference, among others. Webber has published op-eds in the Washington Post, the Chicago Tribune, and Reuters, and has been interviewed by television, radio, and print media.

Harvard Book Store
1256 Massachusetts Ave., Cambridge, MA 02138

Walking from the Harvard Square T station: 2 minutes

As you exit the station, reverse your direction and walk east along Mass. Ave. in front of the Cambridge Savings Bank. Cross Dunster St. and proceed along Mass. Ave for three more blocks. You will pass Au Bon Pain, JP Licks, and TD Bank. Harvard Book Store is located at the corner of Mass. Ave. and Plympton St.

Unable to attend a Harvard Book Store author event? You can still pre-order a signed book by one of our visiting authors.

While we can't guarantee fulfillment of a signed book pre-order, our authors are almost always able to sign extra books to fulfill such orders.

Ordering a signed book on harvard.com:

  • Add the book to your shopping cart and then click Checkout.
  • Specify in Order Comments that you want a signed copy of the book.
  • Please note: online orders for signed copies must be placed at least one business day before the event. If you are ordering the day of, please call us instead.

Ordering a signed book by phone:

  • Call us at (617) 661-1515 and one of our booksellers will take your order. Specify you'd like a signed copy.
  • If you are requesting a personalized inscription and/or requesting your book be shipped, we'll need to take down credit card information. If you are planning to pick up the signed book in the store, you can pay on pick-up.

FAQ:

Can I request a personalized inscription?
Unless otherwise noted, we are happy to take requests for the author to sign your book to a specific person, but we can't guarantee it. If you do get a personalized inscription, the book will be non-returnable. We will require credit card information when you place the order.

Do signed books cost more?
There is no extra fee for a signed book!

Do I have to pick it up in the store, or can you deliver my signed book?
As with all web or phone orders, we can hold your book for in-store pickup, or ship it anywhere in the country.

I am planning to attend an author event. Do I need to pre-order a book?
No need. We'll be selling books at the event, and nearly all of our events include a signing at the end of the talk.

More questions? Give us a call!

Event Series: Friday Forum

Harvard Book Store's Friday Forum series takes place on Friday afternoons during the academic year as a way to highlight scholarly books in a wide range of fields, with a particular focus on local scholars. Friday Forums take place at 3pm in Harvard Book Store.

Event Co-Sponsor(s)

American Constitution Society

Purchase the Book
Featured event books will be for sale at the event for 20% off. Thank you for supporting this author series with your purchases.
General Info
(617) 661-1515
info@harvard.com

Media Inquiries
(617) 661-1424 x6
mediainquiries@harvard.com

Accessibility Inquiries
access@harvard.com

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