Pension Funds in the United States Issues of Investment and Control
Randy Barber
Additional contact information
Randy Barber: People's Business Commission, Washington, DC
Economic and Industrial Democracy, 1982, vol. 3, issue 1, 31-73
Abstract:
The issue of the investment and control of almost $800 billion in US pension fund assets has emerged as a major concern of American trade unionists, public officials and activists. These funds are the major source of new capital in the economy and are expected to become progressively more important over the next generation. Although the financial industry presently has almost complete control over these assets, there is a growing movement to challenge that control and develop viable and concrete alternatives to their investment priorities and practices. Efforts to create 'alternative' investment mechanisms and strategies are only in their initial stages of development, and these efforts require much more critical and supportive analysis. This paper decribes the development of the 'pension issue' in the US and presents examples of alternative investment proposals and actions.
Date: 1982
References: Add references at CitEc
Citations:
Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/0143831X8231004 (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:sae:ecoind:v:3:y:1982:i:1:p:31-73
DOI: 10.1177/0143831X8231004
Access Statistics for this article
More articles in Economic and Industrial Democracy from Department of Economic History, Uppsala University, Sweden
Bibliographic data for series maintained by SAGE Publications ().