The Brooklyn Law School Library New Books List for April 1, 2018 has 42 print titles and 30 e-book titles. Among them is one e-title The Rise of the Working-Class Shareholder: Labor’s Last Best Weapon by David Webber, a rare good-news story for American workers. Combining legal rigor with inspiring narratives of labor victory, Webber shows how workers can wield their own capital to reclaim their strength. When the 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 CEO’s boardroom allies. In the book, the author 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.
This book could be the modern bible of the movement to harness labor’s capital for working-class interests. It is a riveting 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. On Wednesday, April 18 at 4pm, Brooklyn Law School will host a Book Talk with David Webber, Professor of Law, Boston University School of Law to discuss the book. It is sponsored by the Center for the Study of Business Law and Regulation.



Another recent item in the BLS collection is
The custom of Protomagia has its roots in ancient Greece as a celebration of spring, nature, and flowers. Flower wreaths, typically made from hand picked wild flowers, are hung on the doors of many homes in a way to welcome nature and all things good. Maios (May) the last month of Spring took its name from the Goddess Maja, a goddess who took her name from the ancient word Maia, the nurse and mother. May, according to Greek folklore, has two meanings: The good and the bad, rebirth and death. The custom celebrates the final victory of the summer against winter as the victory of the life against death go back to the ancient years and culminate at the first day of May. This day was also dedicated to the goddess of agriculture Dimitra and her daughter Persephone, who on this day emerges from the under world and comes to earth. Her coming to earth from Hades marks the blooming of nature and the birth of summer.
May 1st is International Workers’ Day, also known as Labour Day in some places, a celebration of laborers and the working classes that is promoted by the international labor movement, anarchists, socialists, and communists and occurs every year on the 1st of May. The date was chosen as International Workers’ Day by the Second International to commemorate the Haymarket affair, which occurred in Chicago on 4 May 1886. Being a traditional European spring celebration, May Day is a national public holiday in many countries, but in only some of those countries is it celebrated specifically as “Labour Day” or “International Workers’ Day”. The earliest May Day celebrations appeared in pre-Christian times, with the Floralia, festival of Flora, the Roman goddess of flowers, held April 27 during the Roman Republic era.
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