{"product_id":"wall-streets-war-on-workers-how-mass-layoffs-and-greed-are-destroying-the-working-class-and-what-to-do-about-it-hardcover","title":"Wall Street's War on Workers: How Mass Layoffs and Greed Are Destroying the Working Class and What to Do about It - Hardcover","description":"\u003cp\u003eby \u003cb\u003eLes Leopold\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003e\"This book gave me a new lens to see the world.\"--Robert Krulwich, former co-host of WNYC's Radiolab\u003c\/strong\u003e\u003c\/p\u003e \u003cstrong\u003eAddressing the pressing issues affecting everyday Americans during an election year is essential--and one of our nation's most profound challenges is the devastating impact of mass layoffs.\u003c\/strong\u003e \u003cstrong\u003eLayoffs 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? And what are our elected officials going to do about it?\u003c\/strong\u003e \u003cp\u003eIn \u003cem\u003eWall Street's War on Workers\u003c\/em\u003e, 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.\u003c\/p\u003e \u003cp\u003eOriginal and insightful, \u003cem\u003eWall Street's War on Workers\u003c\/em\u003e 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.\u003c\/p\u003e \u003cp\u003eWith deep analyses, stark examples, and surprisingly simple proactive steps forward, Leopold also asserts that: \u003c\/p\u003e \u003cul\u003e \u003cli\u003eSurviving and thriving in a competitive global economy does \u003cem\u003enot \u003c\/em\u003erequire mass layoffs.\u003c\/li\u003e \u003cli\u003eA new virulent, financialized version of American capitalism is policy driven.\u003c\/li\u003e \u003cli\u003eTo end mass layoffs, Wall Street's domination of our economy must end.\u003c\/li\u003e \u003cli\u003eThe accepted \"wisdom\" about white working-class populism is wrong.\u003c\/li\u003e \u003cli\u003eEnding stock buybacks and changing corporate officers' pay structures could eliminate mass layoffs.\u003c\/li\u003e \u003cli\u003eMass layoffs are not the result of inevitable economic \"laws\" or new technologies like artificial intelligence.\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e \u003c\/p\u003e \u003cp\u003eBoth groundbreaking and urgent, \u003cem\u003eWall Street's War on Workers\u003c\/em\u003e not only offers solutions that could halt mass layoffs but also offers new hope for workers everywhere.\u003c\/p\u003e \u003cp\u003e\u003cstrong\u003e\"Leopold offers a contrarian yet compelling take on America's \"white working class\" . . . [and says] Democrats in 2024 ignore this massive, potentially sympathetic voting bloc at their peril.\"--\u003c\/strong\u003e\u003cstrong\u003eBooklist \u003c\/strong\u003e\u003cstrong\u003e(starred review)\u003c\/strong\u003e\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eAfter graduating from Oberlin College and Princeton University's School of Public and International Affairs, \u003cstrong\u003eLes Leopold\u003c\/strong\u003e co-founded the Labor Institute in 1976, a nonprofit organization that designs research and educational programs on occupational safety and health, the environment, and economics for unions, worker centers, and community organizations. He continues to serve as executive director of the Labor Institute and is currently working to build a national economic educational train-the-trainer program with unions and community groups. Les has written several books, including \u003cem\u003eRunaway Inequality: An Activist's Guide to Economic Justice\u003c\/em\u003e (Labor Institute Press, 2015), \u003cem\u003eHow to Make a Million Dollars an Hour: Why Hedge Funds Get Away with Siphoning Off America's Wealth\u003c\/em\u003e (John Wiley and Sons, 2013), \u003cem\u003eThe Looting of America: How Wall Street's Game of Fantasy Finance Destroyed Our Jobs, Pensions and Prosperity, and--What We Can Do About It\u003c\/em\u003e (Chelsea Green Publishing, 2009), and \u003cem\u003eThe Man Who Hated Work and Loved Labor: The Life and Times of Tony Mazzocchi\u003c\/em\u003e (Chelsea Green Publishing, June 2006). The Mazzocchi story won the Gold Medal from Independent Publisher Book Awards for best biography in 2008.\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 240\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.65 x 9.25 x 6.37 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e February 22, 2024\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":51764597489952,"sku":"9781645022336","price":28.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0974\/9764\/5344\/files\/4e9f0d35d62300c53bbacc345ab1f04d.webp?v=1780253105","url":"https:\/\/ebocreations.com\/products\/wall-streets-war-on-workers-how-mass-layoffs-and-greed-are-destroying-the-working-class-and-what-to-do-about-it-hardcover","provider":"The E-Book Oasis LLC","version":"1.0","type":"link"}