Stories by Les Leopold

Les Leopold is the executive director of the Labor Institute in New York, and author of How to Make a Million Dollars an Hour: Why Hedge Funds Get Away with Siphoning Off America's Wealth (J. Wiley and Sons, 2013).  subscribe to Les Leopold's feed

Posted on: Jan 21, 2011, Source: AlterNet

Most Americans rightly sense that our middle-class dominated economy has devolved into a system of financial socialism by and for elites.

Posted on: Dec 29, 2010, Source: AlterNet

What a great year for Wall Street: profits up, bonuses up and, best of all, criticism down. Somehow Wall Street has much of America believing its lies and rationalizations.

Posted on: Oct 15, 2010, Source: AlterNet

The top 10 hedge fund honchos each averaged $1.87 billion in 2009 -- wouldn't you like to know their secrets? Here are a few.

Posted on: Sep 16, 2010, Source: AlterNet

Instead of showing their outrage about the spread of poverty in the richest nation on Earth, the super-rich want us to pity them?

Posted on: May 9, 2010, Source: AlterNet

Buffett has taken to arguing that his own questionable derivatives should be shielded from government regulators.

Posted on: May 4, 2010, Source: AlterNet

Something is really screwed up when we award billions to Wall Street elites for doing things we don’t comprehend, even as we lay off teachers by the thousands.

Posted on: Apr 9, 2010, Source: AlterNet

"It’s going to take a lot of political will — over a long period of time — to reorder our most basic economic values."

Posted on: Mar 12, 2010, Source: AlterNet

We are told that we’re already living well beyond our means we’ve got to cut back on government programs at all levels. Meanwhile, the super-rich are still having a ball.

Posted on: Feb 28, 2010, Source: AlterNet

I wish this were just a bad joke, but Beck isn't messing around -- he's painting bull's-eyes on the backs of progressives.

Posted on: Jan 29, 2010, Source: AlterNet

There's rising populist anger against the bailed-out billionaires -- they're only going to get more angry as the same folks who crashed the system are now making record bonuses.

Posted on: Jan 20, 2010, Source: AlterNet

You can blame Obama for the Senate loss in Mass, but much of the failure also rests with the progressive community.

Posted on: Jan 12, 2010, Source: AlterNet

By all means, let's fire Geithner -- and let's also target Wall Street as a whole. Also: MSNBC Host Dylan Ratigan's case against Geithner.

Posted on: Jan 6, 2010, Source: AlterNet

Real change seems almost impossible. What are we doing wrong?

Posted on: Dec 28, 2009, Source: AlterNet

The disillusioned masses don't just need more morale, as Levine claims. We also need more truth and more intelligence.

Posted on: Oct 22, 2009, Source: AlterNet

We force very low income single moms to jump through hoops to get their welfare checks, but we let Wall Street's welfare kings walk all over us.

Posted on: Oct 1, 2009, Source: AlterNet

Their combined wealth is more than enough to insure the uninsured for the next twenty years or more.

Posted on: Sep 30, 2009, Source: Huffington Post

The manufacturing sector accounts for fewer and fewer jobs each year, so why should we give a damn about it?

Posted on: Jul 20, 2009, Source: AlterNet

If we want a greener world and green jobs for our citizens, we have to ditch the 'free-trade' ideal -- markets on their own won't do it.

Posted on: Jun 24, 2009, Source: AlterNet

This disaster has a few bright spots that we should build upon.

Posted on: Jun 15, 2009, Source: AlterNet

Unfettered globalization, and trickle down economics are dead. This is the best teaching moment in 65 years.

Posted on: Jun 2, 2009, Source: Chelsea Green Publishing

Wall Street investment houses went after the $100 billion saved in school-district trust funds like Whitefish Bay's, and made a killing.

Posted on: May 19, 2009, Source: AlterNet

We're at the moment Wall Street has been waiting for: The time where we begin to forget who brought the economy down.

Posted on: Apr 8, 2008, Source: AlterNet

Long after the Democratic Party abandoned labor interests, Tony Mazzocchi continued to fight for the working class.

Posted on: Feb 20, 2008, Source: Chelsea Green Publishing

As the recent explosion in the sugar factory shows, in industrial facilities, the drive for profits undermines safety.

Posted on: Dec 28, 2007, Source: AlterNet

Unfettered global trade will make efforts to reverse global warming and deliver safe products to our country all the more difficult.