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How Mass Layoffs and Greed Are Destroying the Working Class and What to Do About It
Les Leopold
hardback
$ 28.00
2024 Foreword INDIES Book of the Year Awards Finalist for Political and Social Sciences“This record book give way me a new lens to see the reality . ”—Robert Krulwich , former co - emcee of WNYC’sRadiolabAddressing the pressing issues affecting everyday Americans during an election class is essential — and one of our Carry Amelia Moore Nation ’s most profound challenges is the devastating wallop of mass layoff . Layoffs upend people ’s life , have enormous stress , and lead to debilitating personal debt . The social harm have by aggregate layoff has been known for decades . Yet , we do little to stop them . Why ? Why do we leave whole residential area to be put down by corporate decisiveness - makers ? Why do we consider mass layoffs a natural , baked - in feature of modern financialized capitalist economy ? And what are our elected official going to do about it ?
InWall Street ’s War on Workers , Les Leopold , Colorado - founding father of the Labor Institute , provide a clear electron lens with which we can see how healthy corporations in the United States have used mass layoffs and caudex buybacks to enrich shareholders at the expense of employees . With detailed research and concise language , Leopold explains why mass layoff occur and how our current laws and regulation take into account companies to turn these layoff into little - term fiscal gains .
Original and insightful , Wall Street ’s War on Workersplaces US labor practice in the broader linguistic context of our societal and political living , examining the impingement fiscal strip - minelaying and legalized looting are having on party politics , ruin the integrity of democratic institutions . Leopold expertly lays out how the proliferation of opioids couple with Wall Street ’s death of Job in West Virginia , Pennsylvania , Michigan , and Wisconsin have led to widespread mass layoff fatalism . Democrats have unarguably lost the longstanding living of millions of urban and rural proletarian , and Leopold points out how party leaders have been wrong about the assumption that the bloodless working course of instruction is becoming less progressive and motivated to abandon the Democratic Party by far-right positions on divisive societal issues .
With mysterious analysis , stark examples , and surprisingly uncomplicated proactive step forrader , Leopold also asserts that :
Both groundbreaking and pressing , Wall Street ’s War on Workersnot only offer result that could halt aggregated layoffs but also offers newfangled promise for workers everywhere . “Leopold offer a contrarian yet compelling take on America ’s “ livid working class ” . . . [ and says ] Democrats in 2024 ignore this massive , potentially sympathetic voting bloc at their peril . ”—Booklist(starred review)“Wall Street ’s War on Workersthe book neither party want you to read . . . [ It ] penetrates one of the main medium deceit of the 21st hundred , namely that working - category elector are drive by racialism and xenophobia , and not by a more simple , enraging motif : they ’ve been repeatedly rive off , by the affluent bestower to both parties . ”—Matt Taibbi
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