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Les LeopoldSalon |
"Payoffs for layoffs have to stop," he said nearly three decades ago. And he was absolutely correct to point out the problem of rewarding...
It might be wise to stop hyping how wonderful the economy is for working people who know one thing better than any so-called expert: the economic...
The same Wall Street firms and their media cousins that want us to marvel at the shock and awe of AI, are destroying jobs the old-fashioned way –...
While financiers often talk about the wonders of financial efficiency, they know that each merger, each leveraged buyout, and each stock buyback is...
In their new book, Tom Schaller and Paul Waldman write as if economic class no longer exists or matters.
The federal government awards approximately $700 billion per year in federal contracts; what if the Biden administration added one simple clause:...
Imagine what the UAW could help ignite if its well-honed technical and political skills were used to create a new organization that intervened in...
What’s to stop the chip-making giant from shoveling taxpayer grants into more stock buybacks?
It’s hard for any of us to buck the conventional wisdom that downplays mass layoffs and extols billionaires, but the Ohio Democrat is doing just...
Will the layoff victims at the Republican National Committee now have more sympathy for the workers who had their jobs destroyed by Wall Street?
Standing on a picket line, as Biden did with the UAW, is important. But that cannot be the limit of efforts to make the economy work better for...
What the Nobel Prize-winning economist and prominent columnist fails to see again and again is that many, if not most, rural mass layoffs in the last...
Building a movement to stop Wall Street’s insatiable greed starts with labor unions, like the United Auto Workers, that have shown the willingness...
There’s a very large and powerful movement to be built if we are willing to take on corporate bosses and the financial sector.
Private equity giants want you to think they can make life better for workers. Not so fast.
As we enter Black History Month, it is important to understand how management race science was developed to divide and conquer the workforce as it...
There is one real solution to creating a modicum of job stability: Taming Wall Street’s greed.
You’d think that Boeing would not compromise on safety, given that one small production error or software glitch could down a plane worth hundreds...
The corporate media and all too many politicians are blaming working people for the rise of Trump and MAGA. Yet, if we open our (lying) eyes a bit...
It turns out that what’s the matter with Kansas or West Virginia is the wrong question. What’s the matter with the Democrats is what we should be...
Creating a sane healthcare system will depend on building a massive common movement to free our economy from Wall Street’s wealth extraction.
Is it possible to build a political party that truly speaks to the needs of working people in an era of runaway inequality and incessant mass layoffs?
For the first time in his life, the man who opposes any "lords and peasants sort of thing" may be learning a lesson in labor solidarity.
You might think that GM would be worrying more about the confidence of consumers, not hedge funds. But apparently not.
They can't try to have it both ways indefinitely. If they really helped working people meet the economic challenges facing them, the party would...
Biden should bow out gracefully, and soon. It’s time to trust the Democratic rank and file to select the next presidential candidate.
This historic victory could have significant benefits for all working people.
Why won’t anyone believe Paul Krugman’s economic optimism?
The real drivers of the MAGA base—the ones the Ohio Republican was calling on to support his ultimately failed bid to become Speaker of the...
What the United Auto Workers won from the manufacturers and why it matters so much.
Stock buybacks have become the main goal in life for corporate executives and activist stock sellers. And this sickness is spreading.
Billions spent on buybacks means billions less not only for workers’ wages but also for developing high-quality, affordable electric vehicles to...
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