Richard Wolff is professor of economics at U. Account Options Sign in. Top charts. New arrivals. Democracy at Work: A Cure for Capitalism.
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Wolff October 2, Switch to the audiobook. More by Richard D. Wolff See more. Capitalism Hits the Fan.
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It would be difficult to come away from this… with anything but an acute appreciation of what is needed to get us out of this mess. The argument here differs sharply from most other explanations offered by politicians, media commentators, and other academics. Step by step, Professor Wolff shows that deep economic structures—the relationship of wages to profits, of workers to boards of directors, and of debts to income—account for the crisis.
The crisis resulted from the posts profit explosion, the debt-driven finance-industry expansion, and the sequential stock market and real estate booms and busts.
Democracy at Work : A Cure for Capitalism
Bailout interventions by the Federal Reserve and the US Treasury have thrown too little money too late at a problem that requires more than money to solve. As this book shows, we must now ask basic questions about capitalism as a system that has now convulsed the world economy into two great depressions in 75 years and countless lesser crises, recession, and cycles in between.
Richard Wolff has been a professor of economics at the University of Massachusetts, Amherst since His past work involves application of advanced class analysis to contemporary global capitalism. He has written, co-authored, and co-edited many books and dozens of scholarly and popular journal articles.
Democracy at Work
His recent analyses of current economic events appear regularly in the webzine of the Monthly Review. In , Capitalism Hits the Fan, the documentary on the current economic crisis, was released by Media Education Foundation www. Praise for Richard Wolff and Democracy at Work: "Richard Wolff's constructive and innovative ideas suggest new and promising foundations for much more authentic democracy and sustainable and equitable development, ideas that can be implemented directly and carried forward.
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- Richard Wolff, Democracy at Work: A Cure for Capitalism (Chicago: Haymarket Books, 2012)?
- By The Badlands?
See more. Yaron Brook. Book 1. Hayek gives the main arguments for the free-market case and presents his manifesto on the "errors of socialism. He labels as the "fatal conceit" the idea that "man is able to shape the world around him according to his wishes. Henderson, Fortune. Capitalism as a system has spawned deepening economic crisis alongside its bought-and-paid-for political establishment.
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Neither serves the needs of our society. Whether it is secure, well-paid, and meaningful jobs or a sustainable relationship with the natural environment that we depend on, our society is not delivering the results people need and deserve. One key cause for this intolerable state of affairs is the lack of genuine democracy in our economy as well as in our politics. The solution requires the institution of genuine economic democracy, starting with workers managing their own workplaces, as the basis for a genuine political democracy.
Here, Richard D. Wolff lays out a hopeful and concrete vision of how to make that possible, addressing the many people who have concluded economic inequality and politics as usual can no longer be tolerated and are looking for a concrete program of action.
Democracy at Work. Imagine a country where corporate losses aren't socialized, while gains are captured by an exclusive minority. Imagine a country run as a democracy, from the bottom up, not a plutocracy from the top down. Richard Wolff not only imagines it, but in his compelling, captivating and stunningly reasoned new book, Democracy at Work, he details how we get there from here — and why we absolutely must. This book is required reading for anyone concerned about a fundamental transformation of the ailing capitalist economy! Richard Wolff's constructive and innovative ideas suggest new and promising foundations for much more authentic democracy and sustainable and equitable development, ideas that can be implemented directly and carried forward.
Richard Wolff at his best! It would be difficult to come away from this
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