Financialization has profoundly altered the environment in which workers live, work and struggle. The increasing weight of finance and financial engineering has severed the link between wages and productivity and undermined collective bargaining, resulting in decades of wage stagnation and rising inequality. How do unions organize and bargain in a world where job slashing, closures, divestment, mergers and private equity buyouts are preferred routes to boosting profits, and workers and their workplaces are considered disposable? The IUF has been mapping and analyzing these changes as part of the process of organizing the fight back.

Key Developments