Wall Street’s War on Workers with Les Leopold
**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