Democracy at Work: A Cure for Capitalism
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About this ebook
“Ideas of economic democracy are very much in the air, as they should be, with increasing urgency in the midst of today’s serious crises. 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. A very valuable contribution in troubled times.”—Noam Chomsky
"Probably America's most prominent Marxist economist."—The New York Times
Capitalism as a system has spawned deepening economic crisis alongside its bought-and-paid-for political establishment. 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.
Richard D. Wolff is professor of Economics emeritus at the University of Massachusetts, Amherst. He is currently a visiting professor at the New School University in New York. Wolff is the author of many books, including Capitalism Hits the Fan: The Global Economic Meltdown and What to Do About It. He hosts the weekly hour-long radio program Economic Update on WBAI (Pacifica Radio) and writes regularly for The Guardian, Truthout.org, and the MRZine.
Richard D. Wolff
Richard Wolff is professor of economics emeritus, University of Massachusetts, Amherst, and a visiting professor at the New School University in New York. 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. Wolff is also the author of Occupy the Economy: Challenging Capitalism and Capitalism Hits the Fan: The Global Economic Meltdown and What to Do about It. He hosts the weekly hour-long radio program “Economic Update,” which is syndicated on public radio stations nationwide, and he writes regularly for The Guardian and Truthout.org.
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Reviews for Democracy at Work
28 ratings2 reviews
- Rating: 5 out of 5 stars5/5This book takes some effort to get through, but it is a worthwhile investment, dense with historical context, systemic analysis, and criticisms of economic systems past and present. Wolff objectively deconstructs the mechanisms of capitalism, as well as past socialisms that have failed so catastrophically, and lays out not only how things go wrong, but how to avoid such outcomes in the future. The big bad prof. Wolff pulls no punches and leaves no stone unturned in this work.
- Rating: 2 out of 5 stars2/5The author doesn't have the balls to call his book communism at work but that would be a more apt title. Capitalism has been examined to death and we know about all its shortcomings so there is not much new here. The idea of worker run businesses is not exactly groundbreaking either. Maybe the idea of excluding cleaners from the surplus appointing committee is new (if somewhat wacky).
What annoys me about these books is that they never offer a critical approach to what they are proposing (at least this one has a comment at the end that flaws in this solution inevitably exist). Why not strain your enormous brain a little and discuss some potential ones? For example the main problem with all these utopian solutions I can immediately see is that they all start with the delusional premise that people will act in a coordinated and selfless way like ants. The reason capitalism works is that it starts off with the opposite premise. And it works because that's the reality.