Democracy at Work - The Cure for Capitalism From Richard D Wolff This brilliant video from Richard D Wollf demonstrates have capitalism in the US unravelled Roosevelt's New Deal. Just a moment while we sign you in to your Goodreads account. There are no discussion topics on this book yet. Thanks to his clear and concise description of state-capitalist nations, I was able to grasp and explain private versus state capitalism to my Fox News-listening relatives. I think overall, Wolff's approach is more useful as an indictment of the ills of capitalism rather than a full overview of what the solutions are, so the title is slightly misleading, but it's still an important work. i agree with most of it though i feel like there is something missing. Democracy at Work is a crystal clear articulation of the economic theories and proposals Wolff has been championing for decades. 5.1 Key Differences between Capitalism and Socialism 100. He is Professor of Economics Emeritus, University of Massachusetts, Amherst, and currently a Visiting Professor in the Graduate Program in International Affairs of the New School University in New York. by Haymarket Books. There are so many people have been read this book. Democracy at work : a cure for capitalism Richard D. Wolff. He says that some theoretically "socialist" governments are not actually socialist per se, but instead are forms of state capitalism, since the profits from labor are still kept from the people producing the surplus that results in profits. I think overall, Wolff's approach is more useful as an indictment of the ills of capitalism rather than a full overview of what the solutions are, so the title is slightly misleading, but it's still an important work. A good book for the 21st century socialist. WSDEs are companies in which the workers, rather than shareholders, collectively decide on the production and distribution of outputs and surpluses. We don't need to save capitalism, we need to replace it with something better. The local communities in which the companies have production facilities would also have a role in decision making at the compan. Europe's Crisis and America's Economic Future, Building Alternatives: The Story of India's Oldest Construction Workers' Cooperative, Ours to Master and to Own: Workers' Control from the Commune to the Present, The Essential Rosa Luxemburg: Reform or Revolution/The Mass Strike. 5.3 Socialism and Surplus Analysis 103. However, it is useful to have the book. This book is required reading for anyone concerned about a fundamental transformation of the ailing capitalist economy. Besides several online lectures and some of Orwell’s books, Richard Wolff’s “Democracy at Work” introduced me to criticism of the contemporary system. This book was an amazing read. By Richard Wolff. Richard D. Wolff lays out a hopeful and concrete vision of how to address 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. He thinks that giving workers the power typically held by a company's board of directors could change the world. However, when envisioning a future based on these ideals, I often struggle to visualize how these ideas and principles could be leveraged to dismantle the existing (and very flawed) capitalist system, and how they can be scaled to a level where it becomes the dominant economic system. This online book is made in simple word. That said, I don't find his defense of worker self-directed enterprises particularly compelling. Democracy at Work: A Cure for Capitalism This is a small book which contains what he says in the U-tube video. You can skip the first half if you're familiar with the depression, GFC, and other poster child capitalism failures, it's just a light introduction. And in a moment where the contradictions of capitalism are becoming more and more glaring and obvious by the day, and more and more people are refusing to accept that we live in the best of all possible worlds, Richard Wolff has suddenly found himself appearing on talk shows. Richard D. Wolff is an American economist, well-known for his work on Marxian economics, economic methodology, and class analysis. Richard Wolff describes a perfectly feasible possibility for doing just that. Welcome back. "—Cornel West. Democracy at Work: A Cure for Capitalism by Richard D. 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