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Mass layoffs have become a routine corporate strategy—not because companies are struggling, but because Wall Street demands it. In Wall Street's War on Workers, labor educator and author Les Leopold exposes how stock buybacks, deregulation, and financialized capitalism have made job cuts a tool for enriching CEOs and hedge funds at the expense of workers and communities. He joins Nick and Goldy this week to explain how this happened, why both political parties have failed to stop it, and what we can do to fight back. Les Leopold is a labor educator, author, and co-founder of the Labor Institute, where he has spent decades advocating for economic justice and worker rights. He is the author of several books, including Runaway Inequality and Wall Street's War on Workers, which exposes how financial elites have rigged the economy in their favor. Social Media: @les_leopold Further reading: Wall Street's War on Workers: How Mass Layoffs and Greed Are Destroying the Working Class and What to Do about It Corporate Bullsh*t: Exposing the Lies and Half-Truths That Protect Profit, Power, and Wealth in America Les Leopold's Substack Civic Ventures Produced Comic on Stock Buybacks: Trillion Dollar Heist Website: http://pitchforkeconomics.com Instagram: @pitchforkeconomics Threads: pitchforkeconomics Bluesky: @pitchforkeconomics.bsky.social Twitter: @PitchforkEcon, @NickHanauer, @civicaction YouTube: @pitchforkeconomics LinkedIn: Pitchfork Economics Substack: The Pitch
In this episode of The Mike Litton Experience, we are thrilled to have Les Leopold, a seasoned advocate for workers and a trailblazing thought leader, join us for an inspiring conversation. From his early days at Oberlin College, where he took on the fight for laid-off workers, to his deep dive into the economic forces shaping […]
Les Leopold, co-founder of The Labor Institute and author of Wall Street's War on Workers, joined the America's Work Force Union Podcast to discuss the economic and political factors driving the working class away from the Democratic Party. Hannah Halbert, Executive Director of Policy Matters Ohio, joined the America's Work Force Union Podcast to discuss the recent federal funding freeze and its potential impact on Ohio's economy and vulnerable populations.
On today's show, we listen in on a very timely community conversation hosted on January 14th, 2025 with the Oberlin Club of Washington, DC, focused on the question: "Why is the working-class leaving the Democratic Party?" The conversation featured remarks by Les Leopold, Executive Director of The Labor Institute, and a 1969 graduate of Oberlin College. You can watch the full event and see the slides at https://www.youtube.com/watch?v=ThOll28AuYY In assessing the 2024 elections, many voters are asking: has the working-class abandoned the Democratic Party? If so, why? What does that tell us about the views of working people and what does that suggest about the Party and its future? There are two major theories to account for the extensive working-class shift to the Republicans since 1996. One argument rooted in social issues is that working-class resentment against women, immigrants, LBGTQ+ communities and other ""woke"" concerns has resulted in an embrace of right-wing candidates whose supporters Hillary Clinton once termed "a basket of deplorables". The other theory is that economic issues like job insecurity, stagnant wages and declining prospects for the future have pushed workers away from the Democrats. What does the data reveal? Les Leopold offers an assessment based on findings in his latest book "Wall Street's War on Workers: How Mass Layoffs and Greed Are Destroying the Working Class and What to Do About It." Les Leopold co-founded and currently directs The Labor Institute, a non-profit organization that designs research and educational programs on occupational safety and health, the environment and economics for unions, workers centers and community organizations. In addition to "Wall Street's War on Workers," he is the author of "Defiant German, Defiant Jew"; "Runaway Inequality"; "How to Make a Million Dollars an Hour: Why Financial Elites get away with siphoning off America's Wealth"; "The Looting of America: How Wall Street's Game of Fantasy Finance destroyed our Jobs, Pensions and Prosperity, and What We Can Do About It"; and "The Man Who Hated Work and Loved Labor: The Life and Times of Tony Mazzocchi." Les graduated from Oberlin with a degree in Government and earned an MPA from Princeton University's School of Public and International Affairs. On Truth to Power each week, we gather people from around the community to discuss the state of the world, the nation, the state, and the city! It's a community conversation like you won't hear anywhere else! Truth to Power airs every Friday at 9pm, Saturday at 11am, and Sunday at 4pm on Louisville's grassroots, community radio station, Forward Radio 106.5fm WFMP and live streams at https://forwardradio.org
Thank you Sheila McMullen, and many others for tuning into my live video! Join me for my next live video in the app.* Author & Journalist Judah Freed discusses his book Making Global Sense: Judah Freed's Making Global Sense reports that more than a billion of us know our global oneness. We're forming a global sense movement that's generating critical mass for a shift into enlightened, free societies. [More]* Why 135.9 million of the working class are angry. Les Leopold nailed it with one minor exception: Workers need to know that when a private equity firm buys up the company they work or a stock buyback is announced, they will likely get kicked in the face. [More]* Trump is already getting ready to screw those who elected him, taking away their benefits: Donald Trump is doing precisely what progressives said he would do. He lied to MAGA and is now about to execute policies that will harm him. [More] To hear more, visit egberto.substack.com
Les Leopold is the co-founder and executive director of the Labor Institute. He is a graduate of Oberlin College and the Woodrow Wilson School of Public and International Affairs at Princeton University.[1]Books[edit]Wall Street's War on Workers: How Mass Layoffs and Greed Are Destroying the Working Class and What to Do About It (2024)[2]Runaway Inequality: An Activist's Guide to Economic Justice (Labor Institute Press, 2015)[3]How to Make a Million Dollars an Hour: Why Financial Elites Get Away With Siphoning off America's Wealth (John Wiley and Sons, 2013)[4]The Looting of America: How Wall Street's Game of Fantasy Finance destroyed our Jobs, Pensions and Prosperity, and What We Can Do About It (Chelsea Green Publishing, 2009)[5]The Man Who Hated Work and Loved Labor: The Life and Times of Tony Mazzocchi (Chelsea Green Publishing, 2006)[6][7][8][9][10][11][12]We talk politics, policy and economics. This covers deregulation to the opiods cisis. It's a little doomy, but if the world listens to us, we may just preserve the union.
Workers need to know that when a private equity firm buys up the company they work for or a stock buyback is announced, they will likely get kicked in the face. Les Leopold. Subscribe to our Newsletter: https://politicsdoneright.com/newsletter Purchase our Books: As I See It: https://amzn.to/3XpvW5o How To Make America Utopia: https://amzn.to/3VKVFnG It's Worth It: https://amzn.to/3VFByXP Lose Weight And Be Fit Now: https://amzn.to/3xiQK3K Tribulations of an Afro-Latino Caribbean man: https://amzn.to/4c09rbE
This is the full 9-8-2024 episode of the Labor Express Radio program. Les Leopold, Executive Director of the Labor Institute and author of a new book entitled Wall Street's War on Workers: How Mass Layoffs and Greed Are Destroying the Working Class and What to Do About It, talks about how mass layoffs and economic dislocation are directly related to why much of the white working class has abandoned the Democratic party and questions the value of democracy itself. Labor Express Radio is Chicago's only labor news and current affairs radio program. News for working people, by working people. Labor Express Radio airs every Sunday at 8:00 PM on WLPN in Chicago, 105.5 FM. For more information, see our Facebook page... laborexpress.org and our homepage on Archive.org at: http://www.archive.org/details/LaborExpressRadio Labor Express is a member of the Labor Radio / Podcast Network, Working People's Voices – Broadcasting Worldwide 24 Hours A Day. laborradionetwork.org #laborradionetwork #LaborRadioPod #1u #UnionStrong
The Les Leopold article "Pillaging by the Super-Rich Will Continue Until the Working Class Revolts" clarifies that the working class must take control of its economic well-being. Subscribe to our Newsletter: https://politicsdoneright.com/newsletter Purchase our Books: As I See It: https://amzn.to/3XpvW5o How To Make America Utopia: https://amzn.to/3VKVFnG It's Worth It: https://amzn.to/3VFByXP Lose Weight And Be Fit Now: https://amzn.to/3xiQK3K Tribulations of an Afro-Latino Caribbean man: https://amzn.to/4c09rbE --- Send in a voice message: https://podcasters.spotify.com/pod/show/politicsdoneright/message
On this week's show: Kitchen solidarity with Dontazz Williams, food service worker at UW; Naomi Harris, Waffle House worker and founding member of USSW, and Quichelle Liggins, 13-year Hyundai worker in Alabama; Restoring domestic shipbuilding; Les Leopold discusses his book Wall Street's War on Workers; Author/illustrator Nic Robertson discusses his book The Last Few Years of Neoliberalism; Justine Sachs gives advice on employee dress codes. This week's featured shows are Building Bridges: A Labor Podcast, from the Harry Bridges Center for Labor Studies; On the Line, a network of union members and leaders who cover, analyze, and draw lessons from the struggles of workers across the country to build a fighting labor movement; Solidarity Works: A Podcast From The United Steelworkers; My Labor Radio, Interviews and information about working Americans broadcast on WELT 95.7 FM in Fort Wayne, Indiana; Solidarity Breakfast, a Rank and File Worker and Trade Union Show from Melbourne, Australia, covering current affairs, progressive issues and news and events from the labour movement; Red Dead Redemption, hosted by Justine Sachs, comes to us from Aukland, New Zealand. Please help us build sonic solidarity by clicking on the share button below. Highlights from labor radio and podcast shows around the country, part of the national Labor Radio Podcast Network of shows focusing on working people's issues and concerns. @steelworkers @mgevaart @3CRsolidarity @95bFM#LaborRadioPod @AFLCIO Edited by Patrick Dixon, produced by Chris Garlock; social media guru Mr. Harold Phillips.
More than 20 million mass layoffs in recent years have had a devastating effect on individuals, families, and communities. In the past few election cycles, the media has claimed that working class Americans vote for Republicans because they foolishly vote against their own interests. Author and executive director of the Labor Institute Les Leopold argues that they're ignoring the enormous effects of mass layoffs on millions of U.S. workers in recent decades, in his newest book Wall Street's War on Workers. Brian is joined by Les Leopold, co-founder and executive director of the Labor Institute and author of several books, including most recently "Wall Street's War on Workers: How Mass Layoffs and Greed Are Destroying the Working Class and What to Do About It." You can find more of his writing on lesleopold.substack.com. Please make an urgently-needed contribution to The Socialist Program by joining our Patreon community at patreon.com/thesocialistprogram. We rely on the generous support of our listeners to keep bringing you consistent, high-quality shows. All Patreon donors of $5 a month or more are invited to join the monthly Q&A seminar with Brian.
Meet Les Leopold. We talk about his latest book Wall Streets War on Workers: How Mass Layoffs and Greed Are Destroying the Working Class and What To Do About It. He was on earlier in the year but it was a short we picked up from his time with the Labor Radio Podcast Network. This time we spend a solid 45 plus minutes talking about his amazing perspective on this important Working Families issue; Mass Layoffs! Les also has some great dispatches and writings on his Substack Page You can also find him on some links below and he has several previously published books, we link them here as well.. We talk about Mike Lux and his writing "Factory Towns" which can be found at this link from the website Amarican Family Voices.org On SubStack find him as Les Leopold On Twitter Les can be found as @Les_Leopold The Book is published by Chelsea Green Publishing in The UK The links to his book, and others he has published are from Powell"s Books in OR. It is a Union Shop and the employees handeling your book order are represented by ILUW Local 5 in Portland OR. Listed here are the Les Leopold books they carry for sale. Wall Streets War On Workers: How Mass Layoffs and Greed are Destroying The Working Class and What To Do About It. Runaway Inequality: An Activists Guide to Economic Justice The Man Who Hated Work and Loved Labor The Life and Times of Tony Mazzochi How To Make A Million Dollars An Hour: Why Hedge Funds Get Away With Siphoning Off America's Wealth The Looting Of America: How Wall Street's Game of Fantasy Finance Destroyed Our Jobs, Pensions, and Prosperity-And What We Can Do About It. Defiant German, Defiant Jew: A Holocost Memoir from Inside the Third Reich Special thank you to our supporters at CWA-Unions.org The Communications Workers of America. You want information about organizing your workplace? Follow this link to check in with a CWA Organizer. Special thank you to UAW Local 2209 for their support of My Labor Radio. You can find out more about the work they do in the community and for their over 4,000 members in NE Indiana. Check out the link at UAWLocal2209.org Thanks for listening, you can find us in all the socials listed below or visit MyLaborRadio.org On Twitter we are @mgevaart On Instagram we are @My_Labor_Radio On Facebook we are @MyLaborRadio On TikTok we are @MyLaborRadio
Newt talks with Les Leopold about his new book, "Wall Street's War on Workers". He explains how corporations in the U.S. have used mass layoffs and stock buybacks to enrich shareholders at the expense of employees. Leopold argues that these practices have contributed to the decline in support for the Democratic Party among urban and rural workers. He suggests that the party has failed to address the issue of mass layoffs and has instead supported policies that have led to job instability. Leopold proposes solutions such as limiting stock buybacks to 2% and preventing companies with government contracts from laying off workers.See omnystudio.com/listener for privacy information.
In the first half, Les Leopold, the director of two non-profits, discussed how corporations in the US have used mass layoffs and stock buybacks to enrich shareholders at the expense of employees and how the impact of this financial strip mining and legalized looting is destroying the integrity of democratic institutions. The deregulation of Wall Street and an emphasis on greed created this situation, he noted, citing the example of Bed, Bath, & Beyond, where investors made gigantic stock buybacks, and this eventually led to the collapse of the company, where 30,000 people lost their jobs. Mass layoffs take a significant psychological and physical toll on workers, he reported, and to lose one's job is considered a severe life event.Another example he detailed was Toy R Us, which was bought up by private equity firms with borrowed money. After they paid themselves huge management fees, the company collapsed under the massive debt service. He also pointed out that many tech companies in recent years have made significant layoffs in their workforce, even though they remain profitable. One solution he proposed is that if a corporation receives a federal contract or a federal subsidy, then they should not be allowed to conduct forced layoffs and instead set up a voluntary layoff system with incentive packages for people to leave. Leopold was also critical of how companies allocate their funds, paying out enormous salaries to their CEOs, which have ballooned to 800 times that of the average employee.----------------In the latter half, astronomer, photographer, and MUFON analyst Marc Dantonio discussed space, objects captured by Sky Tour cameras, the nature of gravitons, and the potential for unlocking interstellar travel in our universe. He described his remote observatories, which he has set up in places like Arizona's Sonoran desert, and how he live streams viewings via YouTube. "We're trying to make the sky accessible to people in a way that they may not ever see because they're in a big city with lights," he noted, adding that they view such things as stellar nurseries and supernovae. Recently, he captured an extremely bright moving object that went from horizon to horizon. Rather than something extraterrestrial, it turned out that it was very likely the re-entry of a Shenzhou Chinese rocket.Dantonio spoke about the potential of gravitons (theoretical Kaluza-Klein particles), as well as micro black holes, for interdimensional travel. He argued that gravitons could create a pathway into the fifth dimension, allowing for movement through space without damage by extreme forces. Such technology might explain the enigmatic qualities of UFOs spotted in our skies, such as their sudden vanishing. We can't dismiss the possibility that UFOs may use gravitons generated by a particle accelerator inside the craft, he remarked. In terms of our own science taking advantage of this technology, he estimated we may be around 150 years away from its development. Dantonio also touched on Martian anomalies, the recent solar eclipse, and how our Moon may have formed through Earth's collision with another body. --- Send in a voice message: https://podcasters.spotify.com/pod/show/georgenoory/message
Working Class and What to Do About It,” connects the dots between long-term trends in corporate capitalism and the last 50 years of neoliberal attacks on the working class. He shows the direct relationship between deregulation, predatory private equity firms, mass layoffs, stock buybacks, and the resulting destruction of the middle class. As a longtime labor educator and journalist, Leopold describes how the Democrats have lost the longstanding support of millions of urban and rural workers and how both parties take their marching orders from Wall Street and wealthy donors. Order the book: Wall Street's War on Workers (https://www.kingsbookstore.com/book/9781645022336) Substack: (https://lesleopold.substack.com/) Webiste: (https://runawayinequality.org/) Greg's Blog (subscribe!): http://zzs-blg.blogspot.com/ #LesLeopold#WallStreetsWarOnWorkers#WallStreet#TonyMazzocchi#HedgeFunds#stockbuybacks#LaborInstiture#OberlinCollegy#LayOffs#masslayoffs#MingoCounty#WhiteRuralRage#ThomHartmann#MattTaibbi#ChrisHedges#RuralPoverty#HedgeFunds#PrivateEquity#LeverageBuyouts#NeoLiberal#PatCummings#GregGodels#ZZBlog#ComingFromLeftField#ComingFromLeftFieldPodcast#zzblog#mltoday FjHkr0T5PBYmOzjeuv9V
George Noory and author Les Leopold discuss how corporations layoff workers to boost stock prices and exploit employees, how companies pressure politicians to deregulate industries so they can layoff even more workers, and what happened to formerly massive companies like Sears, K-Mart and Bed Bath and Beyond.See omnystudio.com/listener for privacy information.
This is the full 3-31-2024 episode of the Labor Express Radio program. Erek Slater, Chicago public transit bus driver, former elected shop steward and former executive board member of Amalgamated Transit Union, Local 241, fights his firing by CTA and his unlawful arrest by the Chicago police. Les Leopold discusses his new book Wall Street's War on Workers: How Mass Layoffs and Greed Are Destroying the Working Class and What to Do About It. Labor Express Radio is Chicago's only labor news and current affairs radio program. News for working people, by working people. Labor Express Radio airs every Sunday at 8:00 PM on WLPN in Chicago, 105.5 FM. For more information, see our Facebook page... laborexpress.org and our homepage on Archive.org at: http://www.archive.org/details/LaborExpressRadio Labor Express is a member of the Labor Radio / Podcast Network, Working People's Voices – Broadcasting Worldwide 24 Hours A Day. laborradionetwork.org #laborradionetwork #LaborRadioPod #1u #UnionStrong
Words. Speeches. News conferences. Rallies. Media. Money. And they all point in one direction: violence in service of the fascist leader. Also Executive Director of The Labor Institute, Les Leopold explains how mass layoffs and greed are destroying the working class and what to do about it. Plus investigative reporter from Raw Story, Alexandria Jacobs reports on how DeJoy continues to destroy the Post Office. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
This episode is brought to you with the help of the Labor Radio Podcast Network. When scheduled guests canceld interviews, I turned to them for content help for this episode. They brought us interviews with two titans of Labor writing. Follow the network at the link above and learn more about the voices of Labor around the world today. Special thanks to Chris Garlock! First we hear from Les Leopold a co-founder of The Labor Institute.org. A non-profit organization that designs research & educational programs on ocupational safety & health, the enviornment & economics for Unions. Among a host of other great stuff, check out the link above for more. In his latest book Wall Street's War On Workers: How Mass Layoffs & Greed Are Destrying The Working Class & What To Do About It. Les gives us the top five reasons Labor is under attack and the research they have done proves it. Chris Garlock spoke with Les, that is the interview you hear. The music in that piece is from the legendary Anne Feeney she wrote the song in 1969 War On Workers - She can be found at Anne Feeney.com On Twitter find Les Leopold @Les_Leopold Les Leopold has writings regularly available to read between books. He can be found on Substack by following this link Les Leopold Substack Order his latest book from a Union represented staff bookstore, Powell's Books in Oregon. Follow this link to find his latest writing Wall Street's War on Workers He is the author of five books on Working Americans. Powell's Books employees are represented by ILWU Local 5. Next we hear from Labor writer and Author Hamilton Nolan. His most recent book is The Hammer: Power, Inequality & The Struggle For The Soul of Labor - we here him check in last week with the Labor Radio Podcast Network & Chris Garlock interviews him for the team. We also hear from other Network members and their questions for Hamilton. You can find Hamilton Nolan's writings on Substack, by following this link Hamilton Nolan Substack @howthingswork. On Twitter he is @hamiltonnolan He can be found writing for The Guardian and In These Times respectively. You can also order his latest book from the team at Powell's Books, Follow the link here - The Hammer Power, Inequality & The Struggle For The Soul of Labor Special Thanks to the Communications Workers of America CWA-Unions.org for their support of My Labor Radio. Find out more about organizing in your workplace by visiting the link we have here, CWA-Unions.org/Organize Union Workplace. A Special Thank You to UAW Local 2209 in NE Indiana for their support of this programming also. They help over 4,000 UAW members with representation and support of an amalgemated membership full of diverse people working in varied industries in NE Indiana. You can find us on Twitter @mgevaart On TikTok we are @MyLaborRadio On Instagram we are @My_Labor_Radio On Facebook we are @MyLaborRadio On the web we are MyLaborRadio.org Thanks for listening.
Groups centralizing on youth issues and Bernie Sanders have some prescient advice for President Joe Biden's 2024 win. My commentary echoes a recent Les Leopold article with a much more profound framing. --- Send in a voice message: https://podcasters.spotify.com/pod/show/politicsdoneright/message
On this episode of Scheer Intelligence, host Robert Scheer and Les Leopold discuss Leopold's new book, “Wall Street's War on Workers: How Mass Layoffs and Greed Are Destroying the Working Class and What to Do About It” that describes how both political parties created the economic suffering that Trump feeds on. The critical question the book asks is: Did the nightmare of the world economy have to go this way? Or is it really a failure of capitalism? Or is it a failure of people manipulating capitalism?
Longtime labor activist and writer Les Leopold has a new book: Wall Street's War on Workers, which delves into how mass layoffs and stock buybacks enrich shareholders at the expense […] The post Les Leopold: Wall Streets War on Workers and What’s the Kansas Legislature Cookin’ Up for Us? appeared first on KKFI.
We talk with Les Leopold of the Labor Institute about his groundbreaking study of the political cost of mass layoffs. His book is Wall Street's War on Workers: How Mass Layoffs and Greed Are Destroying the Working Class and What to Do About It. Then we re-air a clip from our 2013 interview with Les … Continue reading Les Leopold, WALL STREET'S WAR ON WORKERS →
The Labor Institute, founded in 1975-develops and conducts education and policy programs to inform, prepare and train workers taking on issues of runaway inequality with unions. Les Leopold discusses the huge impact of the UAW's victory over mass layoffs.
**Every Tuesday evening, Real Progressives hosts a virtual listening party for the current episode of Macro N Cheese. All are invited to join our informal discussion where we share insights on the topic at hand. If someone has questions, we will help find the answers. Get the registration link each week by visiting our events calendar: https://realprogressives.org/rp-events-calendar/Before the 1980s, mass layoffs were often tied to economic recessions. Today, they are shrewd corporate strategy. Modern mass layoffs are connected to leveraged buyouts or stock buybacks. Steve's guest, Les Leopold, explains how the process works and how it came to be through the maneuverings of Wall Street and the two political parties.Les is the author of Wall Street's War on Workers. He and Steve talk about the very real impact on people's lives, from the coal miners of Mingo County, West Virginia, to Steve's personal struggles after Verizon's 2009 lay-offs. They discuss organizing, the value of a job guarantee, and intersectionality within a class analysis.Les Leopold is executive director of the Labor Institute, which he co-founded in 1976. He has written several books on the finance sector's looting of America. His upcoming book, Wall Street's War on Workers, is being published by Chelsea Green Publishing. Follow his substack: https://substack.com/@lesleopold1@les_leopold on Twitter
Kevin Ellis is joined first by Representative Emma Mulvaney-Stanak of Burlington. Then, author Les Leopold, executive director of the Labor Institute in New York, joins the show to talk about national economics.
Every Wednesday at 6 PM ET, Jen Pan, Ariella Thornhill, and Paul Prescod host a new episode of The Jacobin Show, offering socialist perspectives on class and capitalism in the twenty-first century, the failures of liberalism, and the prospects of rebuilding a left labor movement in the US. This is the podcast version of the show from May 5, 2021, hosted by Jen and Paul. Do we need the internet to build a working-class movement? We discuss the perks and the pitfalls of using YouTube, Twitter, and other online platforms for socialist organizing. Later, Les Leopold, director of the Labor Institute, joins us to talk about his Runaway Inequality workshops and organizing working people around demands for economic justice. Subscribe to Jacobin for just $10: https://jacobinmag.com/subscribe/?cod... Music provided by Zonkey: https://linktr.ee/zonkey Patreon: https://www.patreon.com/jacobinmag
Economic inequality is ramping up, says labor activist, Les Leopold, discussing more Covid-19 in poor neighborhoods with fewer health/social services, crowded apartments, and workers-many people of color-in low-paying jobs. The Biden presidency-discussed
What has gone wrong with capitalism? It seems it has taken a wrong turn. But how? Staring at the scenes of the redundant workers leaving Lehman Brothers in 2008 – followed by all the subsequent carnage - started, for me, a decade of thinking and research and that's yet to complete -seeking Humane Economics. Like millions of other people I knew then, in my gut, that something had gone wrong. That we're working harder and longer – yet increasingly ordinary people have trouble making ends meet, and many more live in fear that their jobs could disappear at any moment. The anger over the bank bailouts was palpable. And it's not going away. My guest today is Les Leopold, his book Runaway Inequality was, for me, something of a revelation not only putting flesh onto the bones I have been discovering but giving scale to the enormity of the situation we find ourselves in post COVID. Because he not only documents, from public sources, how this inequality has been growing since the 1980s, but how that it continues to accelerate to this day – and why. He also lays bare the mechanisms that explain why the assumption that market forces will reassert balance has proved to be wrong. The mechanisms behind the accelerating inequalities that means that in that time the average CEO has moved from being able to own the equivalent of 45 homes, and his workers 1, to being able to own the equivalent of 829 – while his workers increasingly have little or no chance of own one. That last statistic – the ‘Generation Rent’ one – is the most crucial one of course! Condemning a generation to a lifetime of housing and financial insecurity, given that, due to this process of financialisaton, rents continue to level-up consuming all available income, making saving near impossible. The book explains not only why capitalism is out of balance but also will continue to accelerate inequality. Until we do something about it! You can find his book at https://runawayinequality.org/buy-the-book/ Watch the video interview at https://youtu.be/HyVUqi1sFwA See HumaneEconomics.co for more and to join the linear-conference and network.
Les Leopold, editor, on the holocaust memoir Defiant German -- Defiant Jew. Also, Anthony Horowitz on his latest murder mystery, Moonflower Murders. The post Les Leopold, DEFIANT GERMAN—DEFIANT JEW & Anthony Horowitz, MOONFLOWER MURDERS appeared first on Writer's Voice.
Gordon Zurn, Financial Secretary for USW Local 12-591, & Les Leopold, Director of The Labor Institute and author of Runaway Inequality, Part 2 Interview by Ken Winkes: Gordon and Les discuss how to fix inequality. For more information on ‘Runaway Inequality,’ go to https://runawayinequality.org/. We Do The Work Comments: > General James Mattis sounds the alarm about Trump. > Trump is full of generosity with taxpayers’ money. #LaborRadioPod
Gordon Zurn, Financial Secretary for USW Local 12-591, & Les Leopold, Director of The Labor Institute and author of Runaway Inequality, Part 1 Interview by Ken Winkes: Gordon and Les discuss what inequality is, how it happened, and what to do about it. For more information on ‘Runaway Inequality,’ go to https://runawayinequality.org/ We Do The Work Comment: > Trump’s trade policies are a disaster for workers. #LaborRadioPod
Les Leopold, author of "Runaway Inequality," executive director of The Labor Institute discusses programs and workshops to build a coherent mass movement promoting economic, social and environmental justice.
Les Leopold, Labor Institute, author of Runaway Inequality a curriculum for a movement to bring an all-inclusive justice to working people, explores tax cuts, stock buybacks, and more, contributing to the gap between the super-rich and the rest of us.
Why do we have extreme economic inequality in the richest country in the world? This week on the Heartland Labor Forum, we talk to Les Leopold about his new book, […] The post A Plan to Put the Brakes on Runaway Inequality and Countering Hate without Feeding The Trolls appeared first on KKFI.
Les Leopold, "Runaway Inequality: An Activist's Guide to Economic Justice" and 3 other publications, executive director of the Labor Institute continues to discuss the "revolt against neo-liberalism" and the enormous inequality that will not just go away.
Les Leopold, author of "Runaway Inequality: An Activist's Guide to Economic Justice," presents an intriguing analysis of the 2016 Republican and Democratic presidential campaigns and interesting suggestions for future action.
You’ve Been Strip Mined! That’s how Ellen’s guest Les Leopold describes what has happened to the constructive role of capital, such as investment in research and development, expansion and improvement of services and industries. He calls it “economic strip-mining” in which capital speculators like hedge funds strip the equity of companies, countries and consumers to feed their insatiable desire for short term profits - outcomes be damned. We also introduce the new national project and campaign called “What Wall Street Costs America” – the start of a national conversation revealing the massive extraction of public dollars by Wall Street interests. And Matt Stannard reviews presidential politics and bank reform on the Public Banking Report.
Jason talks with Les Leopold on his new book: “How to Make a Million Dollars an Hour: Why Financial Elites get away with siphoning off America's Wealth.” In the interview, Les details just how hedge funds are making unthinkable amounts of money. Les Leopold co-founded and currently directs two nonprofit organizations, the Labor Institute of New York and the Public Health Institute. He designs research and educational programs on occupational safety and health, the environment and economics. He also serves as a strategic consultant to the Blue-Green Alliance which brings together trade unions and environmental organizations. One of Leopold's projects related to his environmental line of work was instrumental in forming an alliance between the United Steel Workers Union and the Sierra Club, two giants in their respective spheres of influence. He is a proud graduate of Oberlin College and Princeton University's Woodrow Wilson School of Public and International Affairs (MPA 1975). Leopold also authored several other books about “The Man Who Hated Work and Loved Labor: The Life and Times of Tony Mazzocchi,” (Chelsea Green Publishing, 2006.) If you'd like to read more by Les, you can take a look at his articles published by AlterNet at http://www.alternet.org/authors/les-leopold-0 Check out this episode
Bob Herbert's Op-Ed.TV welcomes Les Leopold, Executive Director of The Labor Institute, and author of the new book "Runaway Inequality," detailing the growing issue of income inequality in the U.S.
This episode will be insightful, much needed look at economic inquality in the US. Author, Les Leopold will be on the show to talk his new book, Runaway Inequality: An Activist’s Guide to Economic Justice, Les Leopold. He will explain how the present economic system undermines the working class and poor in this country, and how in the long run it's destroying the economy. Runaway Inequality is indeed an activist handback, becuase it explains how capitalist economic system works in laymen's terms, and why there's such a huge economic gap that makes it extremely difficult for most people to reach their fullest potentional.
Les Leopold's book "Runaway Inequality" explains how economic inequality developed, what it is doing to us-to our families and to our country, illustrating how virtually all the key issues we face, are ultimately connected to rising economic inequality.
Les Leopold, author: "The Looting of America" and "How to Make a Million Dollars an HOUR" considers events leading to the rich have become richer and the rest of us have remained the same or become poorer.
Les Leopold is puzzled that the people of the U.S., the richest nation - ever - in the world, are constantly being told that "we can't afford it." We can't afford free higher education, or children's Pre-K, or healthcare, or an unbroken infrastructure.
Jason talks with Les Leopold on his new book: "How to Make a Million Dollars an Hour: Why Financial Elites get away with siphoning off America's Wealth." In the interview, Les details just how hedge funds are making unthinkable amounts of money. Les Leopold co-founded and currently directs two nonprofit organizations, the Labor Institute of New York and the Public Health Institute. He designs research and educational programs on occupational safety and health, the environment and economics. He also serves as a strategic consultant to the Blue-Green Alliance which brings together trade unions and environmental organizations. Leopold designs research and educational programs on occupational safety and health, the environment, and economics and helped form an alliance between the United Steel Workers Union and the Sierra Club. He is a proud graduate of Oberlin College and Princeton University's Woodrow Wilson School of Public and International Affairs (MPA 1975). Leopold also authored several other books about "The Man Who Hated Work and Loved Labor: The Life and Times of Tony Mazzocchi," (Chelsea Green Publishing, 2006.) If you'd like to read more by Les, you can take a look at his articles published by AlterNet at http://www.alternet.org/authors/les-leopold-0
The economy and Wall Street are once again front and center. President Obama is engaged in a series of major policy addresses about the economy. Elizabeth Warren and CNBC are engaged in a kabuki dance about the future of Wall Street. Larry Summers, part of the team that created our modern economy, may become the next Fed Chairman, and SAC, one of the most powerful hedge funds of the era, is engaged in an effort to keep its leader Steve Cohen and its employees, out of federal prison. All of this brings us to Les Leopold’s How to Make a Million Dollars an Hour: Why Hedge Funds Get Away with Siphoning Off America's Wealth. A behind the scenes look at the world of hedge funds and what it means for ensuring domestic prosperity.My conversation with Les Leopold:
Les Leopold author of "How to Make a Million Dollars an Hour" and Ronnie Eldridge consider the differences in attitudes toward wealth: high taxes and controls allowing for greater equity versus getting rid of taxes, regulations and then, unions, and more.
Ronnie welcomes frequent CUNY TV guest Les Leopold, author of "The Looting of America: How Wall Street's Game of Fantasy Finance Destroyed Our Jobs, Pensions, and Prosperity -- and What We Can Do About It."
How could the best and brightest in finance crash the global economy and then get us to bail them out as well? Hmm…This is a great question answered by Les Leopold in this episode of The Creating Wealth Show with your host, Jason Hartman. Visit: http://americanmonetaryassociation.org/category/audio-podcast/. Les Leopold co-founded and currently directs two nonprofit organizations, [...]
Ronnie welcomes Les Leopold, author of “The Looting of America: How Wall Street's Game of Fantasy Finance Destroyed Our Jobs, Pensions, and Prosperity -- and What We Can Do About It.” The two discuss America’s current financial crisis.
Ronnie welcomes Les Leopold, author of “The Looting of America: How Wall Street's Game of Fantasy Finance Destroyed Our Jobs, Pensions, and Prosperity -- and What We Can Do About It.” The two discuss America’s current financial crisis.
Guest Les Leopold speaks with Diane Horn about his book "The Looting of America: How Wall Street's Game of Fantasy Finance Destroyed Our Jobs, Pensions, and Prosperity, and What We Can Do About It."
Ronnie is joined by Les Leopold, author of “The Looting of America: How Wall Street's Game of Fantasy Finance Destroyed Our Jobs, Pensions, and Prosperity - and What We Can Do About It.”
Ronnie sits down for the second part of a two-part conversation with Les Leopold, labor expert and author of “The Man Who Hated Work and Loved Labor: The Life and Times of Tony Mazzocchi.”
Ronnie sits down with Les Leopold, labor expert and author of “The Man Who Hated Work and Loved Labor: The Life and Times of Tony Mazzocchi.” The book tells of the life of Tony Mazzocchi, the late Oil, Chemical, and Atomic Workers Union leader.