Wall Street's War on Workers
How Mass Layoffs and Greed Are Destroying the Working Class and What to Do About It
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Narrated by:
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Madison Niederhauser
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By:
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Les Leopold
About this listen
Layoffs upend people’s lives, cause enormous stress, and lead to debilitating personal debt. The societal harm caused by mass layoffs has been known for decades. Yet, we do little to stop them. Why? Why do we allow whole communities to be destroyed by corporate decision-makers? Why do we consider mass layoffs a natural, baked-in feature of modern financialized capitalism?
In Wall Street’s War on Workers, Les Leopold, co-founder of the Labor Institute, provides a clear lens with which we can see how healthy corporations in the United States have used mass layoffs and stock buybacks to enrich shareholders at the expense of employees. With detailed research and concise language, Leopold explains why mass layoffs occur and how our current laws and regulations allow companies to turn these layoffs into short-term financial gains.
Original and insightful, Wall Street’s War on Workers places US labor practices in the broader context of our social and political life, examining the impact financial strip-mining and legalized looting are having on party politics, destroying the integrity of democratic institutions. Leopold expertly lays out how the proliferation of opioids coupled with Wall Street’s destruction of jobs in West Virginia, Pennsylvania, Michigan, and Wisconsin have led to widespread mass layoff fatalism. Democrats have unarguably lost the longstanding support of millions of urban and rural workers, and Leopold points out how party leaders have been wrong about the assumption that the white working class is becoming less progressive and motivated to abandon the Democratic Party by reactionary positions on divisive social issues.
With deep analyses, stark examples, and surprisingly simple proactive steps forward, Leopold also asserts that:
- Surviving and thriving in a competitive global economy does not require mass layoffs.
- A new virulent, financialized version of American capitalism is policy driven.
- To end mass layoffs, Wall Street’s domination of our economy must end.
- The accepted “wisdom” about white working-class populism is wrong.
- Ending stock buybacks and changing corporate officers’ pay structures could eliminate mass layoffs.
- Mass layoffs are not the result of inevitable economic “laws” or new technologies like artificial intelligence.
Both groundbreaking and urgent, Wall Street’s War on Workers not only offers solutions that could halt mass layoffs but also offers new hope for workers everywhere.
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
©2024 Les Leopold (P)2024 Chelsea Green Publishing CompanyListeners also enjoyed...
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In 1992, the deadliest year in Chicago’s history, seven-year-old Dantrell Davis was shot and killed in front of his elementary school inside the public housing complex Cabrini-Green. What happened to Dantrell led to a truce among Chicago’s gangs, but it also ignited a national panic about poverty and violence in America’s cities. Dantrell’s name would soon be used to demolish all of Chicago’s high-rise public housing, displacing tens of thousands of low-income families.
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Chicago Housibg
- By Ruby on 11-21-24
By: Ben Austen, and others
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MOVE: The Untold Story of an American Tragedy
- By: Curtis Bryant, Kevin Arbouet
- Narrated by: Tariq Trotter
- Length: 5 hrs and 19 mins
- Original Recording
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This searing audio documentary brings listeners deep inside the unforgettable story of MOVE, gaining unprecedented access to surviving MOVE members, elected officials from the era, eyewitnesses, and historians to create an indelible portrait of an American tragedy.
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Balanced Examination of History
- By James Peacock on 08-14-24
By: Curtis Bryant, and others
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The Autobiography of Malcolm X
- As Told to Alex Haley
- By: Malcolm X, Alex Haley
- Narrated by: Laurence Fishburne
- Length: 16 hrs and 52 mins
- Unabridged
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Experience a bold take on this classic autobiography as it’s performed by Oscar-nominated Laurence Fishburne. In this searing classic autobiography, originally published in 1965, Malcolm X, the Muslim leader, firebrand, and Black empowerment activist, tells the extraordinary story of his life and the growth of the Human Rights movement. His fascinating perspective on the lies and limitations of the American dream and the inherent racism in a society that denies its non-White citizens the opportunity to dream, gives extraordinary insight into the most urgent issues of our own time.
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it's Nearly perfect
- By Kerry on 09-16-20
By: Malcolm X, and others
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Caffeine
- How Caffeine Created the Modern World
- By: Michael Pollan
- Narrated by: Michael Pollan
- Length: 2 hrs and 2 mins
- Original Recording
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Michael Pollan, known for his best-selling nonfiction audio, including The Omnivores Dilemma and How to Change Your Mind, conceived and wrote Caffeine: How Caffeine Created the Modern World as an Audible Original. In this controversial and exciting listen, Pollan explores caffeine’s power as the most-used drug in the world - and the only one we give to children (in soda pop) as a treat.
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Leaves much to be desired
- By Melody H on 02-02-20
By: Michael Pollan
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Mythology: Mega Collection
- Classic Stories from the Greek, Celtic, Norse, Japanese, Hindu, Chinese, Mesopotamian and Egyptian Mythology
- By: Scott Lewis
- Narrated by: Madison Niederhauser, Oliver Hunt
- Length: 31 hrs and 37 mins
- Unabridged
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Do you know how many wives Zeus had? Or how the famous Trojan War was caused by one beautiful lady? Or how Thor got his hammer? Give your imagination a real treat. This Mega Mythology Collection of eight audiobooks is for you....
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An interesting set of introductions.
- By Kevin Potter on 05-30-19
By: Scott Lewis
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I Thought It Was Just Me (but it isn’t)
- Telling the Truth about Perfectionism, Inadequacy, and Power
- By: Brené Brown
- Narrated by: Lauren Fortgang
- Length: 10 hrs and 44 mins
- Unabridged
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Based on seven years of ground-breaking research and hundreds of interviews, I Thought It Was Just Me shines a long-overdue light on an important truth: Our imperfections are what connect us to each other and to our humanity. Our vulnerabilities are not weaknesses; they are powerful reminders to keep our hearts and minds open to the reality that we're all in this together.
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I'm sure its great if you are a mother ....
- By Leslie A Hill on 08-09-11
By: Brené Brown
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The Strange Death of Europe
- Immigration, Identity, Islam
- By: Douglas Murray
- Narrated by: Robert Davies
- Length: 12 hrs and 17 mins
- Unabridged
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The Strange Death of Europe is a highly personal account of a continent and culture caught in the act of suicide. Declining birth rates, mass immigration, and cultivated self-distrust and self-hatred have come together to make Europeans unable to argue for themselves and incapable of resisting their own comprehensive alteration as a society and an eventual end.
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Fear-mongering
- By Kat Cat on 01-22-19
By: Douglas Murray
What listeners say about Wall Street's War on Workers
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Andrea
- 04-01-24
Timely and informative
This book brings to light a lot of critical information that should be in front of everyone. This information certainly helps to understand why it feels like we live in an utterly insane world, how it became this way and what can be done to course correct. Change must happen and it must start with bringing back regulations that protect people and jobs.
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