Les Leopold

Les Leopold

Les Leopold, the director of the Labor Institute in New York is working with unions, worker centers and community organization to build a national economics educational campaign. His latest book, Runaway Inequality: An Activist's Guide to Economic Justice (Oct 2015), is a text for that effort. All proceeds go to support this educational campaign. (Please like the Runaway Inequality page on Facebook.) His previous book is 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/2009).

Articles by this author

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Friday, March 18, 2016
Think Again Hillary Democrats: 10 Reasons Why She Could Lose this Fall
The media tells us that Hillary has a lock on the nomination. That news should make her supporters extremely nervous, and not because the prognosticators have been wrong so many times already. All Democrats should worry because her major policy and character flaws could leave us with a Republican...
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Friday, March 11, 2016
Revealed: Hillary's Wall Street Speeches (The Bootleg Tapes)
[After eight debates and countless speeches, Secretary Clinton has repeatedly shared her views on Wall Street, trade and job creation. Once we parse through the focus group-tested lines, we can find clues about how she relates to the financial sector and the power it wields over our economy. The...
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Wednesday, March 09, 2016
Hillary's Wall Street-Friendly Economic Plan Costs Her Michigan
Billed as a major populist economic address, Hillary Clinton put forth her jobs program in Michigan. Wall Street is smiling. Team Hillary is crying. Her program fits perfectly within the neoliberal framework as she focuses on how to use public funds and policies to promote private sector gain...
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Saturday, March 02, 2013
Sequester This! How Did We Get Here? How Do We Get Out?
The debt crisis is a hoax, but the sequester is for real, and so is the underlying cause of this entire mess: The Wall Street crash of 2008. We need to fight off financial Alzheimer's and remember how we got here.
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Friday, March 04, 2011
Main Street Goes to War Against Itself as Job Crisis Persists
The February unemployment rate is 8.9 percent. The broader Bureau of Labor Statistics U6 jobless rate is 15.9 percent. The report shows a net increase of 192,000 jobs. However, we need 127,000 new jobs every month to keep up with population growth. At this rate it will take 11.2 years to get back to full employment.
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Friday, January 21, 2011
Financial Socialism by and for Wall Street Elites?
More than 70 percent of Americans say big bonuses should be banned this year at Wall Street firms that took taxpayer bailouts, a Bloomberg National Poll shows. An additional one in six favors slapping a 50 percent tax on bonuses exceeding $400,000. Just 7 percent of U.S. adults say bonuses are an appropriate incentive reflecting Wall Street's return to financial health.
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Thursday, December 30, 2010
Wall Street's Ten Biggest Lies for 2010
What a great year for Wall Street: profits up, bonuses up and, best of all, criticism down, especially from Washington. Somehow Wall Street has much of America believing its lies and rationalizations. We're even beginning to forget that Wall Street is largely responsible for the economic mess we're in.
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Wednesday, November 24, 2010
Another Taxpayer-Funded Thanksgiving Feast for Wall Street
"Thus the real reason for Thanksgiving, deleted from the official story, is: Socialism does not work; the one and only source of abundance is free markets, and we thank God we live in a country where we can have them." ~ "The Great Thanksgiving Host," The Ludwig Von Mises Institute - a Tea Party favorite re-write of American History.
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Friday, September 17, 2010
Poverty Rises as Wall Street Billionaires Whine
The ranks of the working-age poor in the United States climbed to the highest level since the 1960s as the recession threw millions of people out of work last year, leaving one in seven Americans in poverty.
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Friday, September 03, 2010
Why the Big Lie About the Job Crisis? And the $10 Trillion Answer
The August unemployment numbers are ugly, yet again. Nearly 30 million Americans are still jobless or forced into part-time jobs. The Bureau of Labor Statistics official unemployment rate is 9.6%. It's borader and more telling jobless rate (U6) of 16.7% confirms that we're stuck in our own version of the Great Depression. We'll need more than 22 million new jobs to bring us back to full-employment. Happy Labor Day.
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