The Socialist Program with Brian Becker cover image

The Socialist Program with Brian Becker

Wall Street’s War Against U.S. Workers: The Political Impact of Mass Layoffs

Jun 3, 2024
Author and Labor Institute executive director Les Leopold discusses the impact of mass layoffs on U.S. workers, highlighting the influence on voting behaviors and political beliefs. The podcast delves into the need for structural change, financialization of universities, addressing inequality, and revitalizing the labor movement.
01:02:59

Episode guests

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Quick takeaways

  • Mass layoffs impact US workers' voting behavior, influencing political ideologies.
  • Wall Street-driven policies prioritize profits over workers, leading to widespread layoff practices.

Deep dives

Impact of Mass Layoffs on Working Class Consciousness

Mass layoffs by capitalist corporations have had a significant impact on the consciousness and voting patterns of US workers. Workers affected by mass layoffs at places like Oberlin College have experienced devastation and betrayal, leading to shifts in voting behavior in states like West Virginia. Research shows a clear correlation between mass layoffs and decreased Democratic votes, indicating a strong influence on political ideologies.

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