Employee pension funds have total worldwide value

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Employee pension funds have a total worldwide value of $13 trillion and U.S. pension funds have over $7 trillion in assets invested in stocks, bonds, and other instruments—this is labor’s capital. To promote employee ownership unionism, one suggestion has been to use union pension funds to directly make worker-friendly investments, such as in unionized construction projects. What are the major dangers you see in such a plan? What are the potential benefits?

Reference no: EM131159744

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