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: Apr 17, 2014, Source: AlterNet

This is the heart of the new financialism and it is happening all over the country.

Posted on: Dec 15, 2013, Source: AlterNet

Is this the beginning of Occupy 2.0?

Posted on: Nov 1, 2013, Source: AlterNet

Why do we put up with such injustices?

Posted on: May 10, 2013, Source: AlterNet

American baby boomers are taking their own lives like never before.

Posted on: Mar 29, 2013, Source: AlterNet

North Dakota's thriving state bank makes a mockery of Wall Street's casino banking system -- and that's why financial elites want to crush it.

Posted on: Mar 11, 2013, Source: AlterNet

On Planet Rand, the stock-market boom is a wonderful thing precisely because it rests upon the recent rise in corporate profits.

Posted on: Feb 27, 2013, Source: AlterNet

The record of deceit and deception that has surfaced in just the past two months points to yes.

Posted on: Feb 6, 2013, Source: AlterNet

When unions decline, inequality soars and we all lose.

Posted on: Feb 5, 2013, Source: AlterNet

Wall Street execs continue getting richer off the backs of regular Americans.

Posted on: Nov 30, 2012, Source: AlterNet

Big Finance is once again getting a free pass.

Posted on: Oct 29, 2012, Source: AlterNet

Citizens of a modern democracy demand the work the public sector performs.

Posted on: Oct 8, 2012, Source: AlterNet

The Republicans are out to shred our social safety net -- and they're using debt as their excuse.

Posted on: Sep 28, 2012, Source: AlterNet

The super-rich have learned a new lesson: it is far better to take than to make.

Posted on: Sep 18, 2012, Source: AlterNet

We're number one? Hardly. The entire idea of American exceptionalism should be called into question.

Posted on: Aug 27, 2012, Source: AlterNet

Dollars doing to prisons will soon outpace dollars going to higher education in every state of the union.

Posted on: Mar 13, 2012, Source: AlterNet

The damage Wall Street inflicted on our educational infrastructure is growing.

Posted on: Jan 4, 2012, Source: AlterNet

We're talking about how to save democracy from the plutocratic rule of elite financiers. It's time to think big.

Posted on: Dec 21, 2011, Source: AlterNet

America is filthy rich, but the money is hidden away by the 1 percent while poverty rises all around.

Posted on: Dec 20, 2011, Source: AlterNet

We are told to appease the market gods or face eternal financial damnation.

Posted on: Dec 13, 2011, Source: AlterNet

History suggests that it will take significant hard-core organizing lasting years if not decades to create the infrastructure for a new movement.

Posted on: Nov 30, 2011, Source: AlterNet

Top officials willfully concealed the true extent of the 2008-'09 bailouts from Congress and the public.

Posted on: Nov 21, 2011, Source: AlterNet

Is democracy compatible with a financial system run by billionaires? Maybe not.

Posted on: Nov 8, 2011, Source: AlterNet

How can the rest of the 99 percent demonstrate our outrage? Here are five things we can do, without parking a tent in the street.

Posted on: Oct 23, 2011, Source: AlterNet

The corporate media may obsess about what Occupy Wall Street is all about, but these images should make it clear.

Posted on: Oct 19, 2011, Source: AlterNet

Nomi Prins' new novel is about the 99 percent of us who get screwed by the big boys, and about the kind of courage it will take to reclaim our country.

Posted on: Oct 6, 2011, Source: AlterNet

But now Americans are fighting back and there's no telling where Occupy Wall Street can lead.

Posted on: Jul 8, 2011, Source: AlterNet

What notion of economics or ethics justifies the fact that it would take the average family more than 35,000 years to earn as much as the top hedge fund managers earn in one year?

Posted on: Jun 23, 2011, Source: AlterNet

How does it feel to have the jobs gun pointed at your head? Because that’s what this is: a stickup.

Posted on: Jun 13, 2011, Source: AlterNet

JP Morgan Chase CEO Jamie Dimon hopes we’ll forget that we bailed out his bank along with all the other big players on Wall Street.

Posted on: May 17, 2011, Source: AlterNet

We are the richest country in the world, and we have the means to create employment for the 20 million who are without work.

Posted on: May 11, 2011, Source: AlterNet

The billionaire head of the Galleon hedge fund was found guilty of 14 counts of securities fraud and conspiracy, but he's not just an isolated "bad apple."

Posted on: May 3, 2011, Source: AlterNet

Washington is talking about balancing the budget on the backs of the elderly, but the economic security they enjoyed at one time is already imperiled.

Posted on: Apr 25, 2011, Source: AlterNet

If we don't bust up Big Finance, there soon will be another financial crisis that will destroy what's left of our middle-class way of life.

Posted on: Apr 15, 2011, Source: AlterNet

It’s high time that the $2.2 trillion sloshing around in hedge funds supported real job creation and debt repayment instead of enriching a handful of billionaires.

Posted on: Apr 11, 2011, Source: AlterNet

How do they make so much money? Where does it come from? How can hedge fund firms with fewer than 100 employees make as much profit as firms with thousands of employees?

Posted on: Mar 31, 2011, Source: AlterNet

Warren and the AGs are demanding that the banks pay for the damage they have done AND create jobs. How refreshing!

Posted on: Mar 30, 2011, Source: AlterNet

It's up to us to embarrass lawmakers into making financial elites pay their fair share.

Posted on: Mar 23, 2011, Source: AlterNet

For more than a quarter century after WWII the fruits of America's productivity were shared with average working people, year in and year out. Not anymore.

Posted on: Mar 9, 2011, Source: AlterNet

The latest jobs report indicates that the unemployment and job creation rates are better than a year ago, but there are problems with the numbers.