What condition is Capitalism in today and what factors are driving its Richard D . Wolff is Professor of Economics Emeritus, University of. Democracy at Work: A Cure for Capitalism [Richard D. Wolff] on beardieworld.de * FREE* shipping on qualifying offers. Richard Wolff is the leading socialist. Richard D. Wolff (@profwolff) February 26, Greedy capitalism has led to decades of downward mobility as U.S. business interests exploit. Beyond this especially severe business cycle, longer term trends show capitalist mega-corporations moving blue and white collar work to lower wage regions far.
A very valuable contribution in troubled times. This book is required reading for anyone concerned about a fundamental transformation of the ailing capitalist economy! Richard Wolff at his best! While most mainstream commentators view the crisis that provoked the Great Recession as having passed, these essays from Richard Wolff paint a far less rosy picture. Drawing attention to the extreme downturn in most of capitalism's old centers, the unequal growth in its new centers, and the resurgence of a global speculative bubble, Wolff—in his uniquely accessible style—makes the case that the crisis should be grasped not as a passing moment, but as an evolving stage in capitalism's history.
Wolff's recent work has concentrated on analyzing the causes and alternative solutions to the global economic crisis. His groundbreaking book Democracy at Work: A Cure for Capitalism inspired the creation of Democracy at Work, a nonprofit organization dedicated to showing how and why to make democratic workplaces real.
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Page 1 of 1 Start over Page 1 of 1. A Cure for Capitalism. Richard D Wolff. Capitalism Hits the Fan: The Farewell Tour. Chris Hedges. The Shock Doctrine: The Rise richard d wolff capitalism Disaster Capitalism. Naomi Klein. Social Class and Stratification: Classic Statements and Richard d wolff capitalism Debates. About the Author Richard D. Read more. Product details Paperback: Haymarket Books May 17, Language: English ISBN Start reading Capitalism's Crisis Deepens on your Kindle in under a minute.
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Showing of 27 reviews. Top Reviews Most recent Top Reviews. There was a problem filtering reviews right now. Please try again later. Kindle Edition Verified Purchase. According to the author, capitalism is the cause of our economic problems. The middle class is in debt trying to richard d wolff capitalism a lifestyle they enjoyed in the past. All the money is going to banks, corporations and the wealthy. Instead of taxing the wealthy, the government borrows from the wealthy to pay its bills and then pays interest to the wealthy.
Many in the middle class are falling below the poverty line. There are mass foreclosures and bankruptcies, all while the rich are getting richer. Corporations are taking their factories to countries where wages are low, leaving thousands unemployed. The author's solution isn't marxism-been there, done that-and it doesn't work. He has a better solution. The workers should own the companies they work for. One benefit of that is the companies would stay in the US.
Policies would be made by the workers. Wages american trance salaries would be fair. Hours worked and overtime would be in control of the workers. This is similar to profit-sharing, which is being advocated by presidential candidate Hillary Clinton. I only have one question: HOW is this to be achieved? Corporations aren't richard d wolff capitalism going to hand themselves over to the workers.
The plan is impossible barring some sort of revolution, and people in the US are too preoccupied to revolt about anything. One of the best books I've read in a long time. So many good points made it's hard to summarize - but a few: It can no longer easily use deficits and rising debt to prevent economic crises from becoming social crises. Yet politicians fear to tax corporations and the rich, whose money now makes or breaks political careers. Hence, governments everywhere impose austerity on their people.
They then lent at interest to the government what they no longer needed to pay in taxes. After richard d wolff capitalism, the government needed to borrow precisely because it had stopped taxing corporations and the rich at the rates of the s, s, and s. Business and the rich happily dunya maher zain s a political system that converted their tax obligations into secure, well-rewarded loans to the government instead.
Government should be kept economically richard d wolff capitalism Keep its spending down, its budget balanced, or else in debt to capitalists and the rich main government creditors.
Limit the taxes it can levy, the richard d wolff capitalism it can impose, and so on. Hobble the government while painting it as a negative social force, not to be trusted. Turn workers away from engagement in, respect for, or even interest in politics. Disgusted and alienated, many workers withdraw, leaving the political arena to the capitalists and the rich to buy and shape. Paperback Verified Purchase. Very solid and relevant takedown of the legion failings of neoliberal policies, austerity, the massive upward transfer of wealth and everything else wretched for human beings and their ever more fragile societies that comes along with the regnant oligarchic.
A great book! As usual, Richard D. Wolff tells it like it is with no sugar-coating the sorry facts!! He is also very gifted at explaining complex economic and political concepts in a way that makes they much easier for a lay reader to comprehend!! If you know the message [ you can read it many times here in these essays ], skip the first hundred pages; it's repetitive but powerful.