A blend of history, analysis and opinion, understanding socialism is an honest and approachable text that knocks down false narratives, confronts failures, and offers a path to a new socialism based on. Nevertheless, addressing the nonspecialist, wolff makes an important contribution to the public dialogue. Democracy at work inequality highlighted by piketty. Richard wolff is the leading socialist economist in the country. Capitalism hits the fan the global economic meltdown and what to do about it. Wolff is professor of economics emeritus at the university of massachusetts, amherst.
Richard david wolff born april 1, 1942 is an american economist, known for his work on economic methodology and class analysis. This book is required reading for anyone concerned about a fundamental. He is currently a visiting professor at the new school university in new york city. Online shopping from a great selection at books store. Capitalism has a very long history of 300 or more years in which it has shown us, and this point was made by thomas piketty in his famous book of a couple years ago, capital in the 21st century, what capitalism has done everywhere where it has been established is to produce extreme inequality of wealth and income. The book gives you references and links to other works and websites that you cannot pick up from the video. In this episode of keen on, andrew talks to richard d. Among both its champions and opponents, capitalism acquired too many different meanings over the 200 to 300 years of its global ascendancy. In this interview we have an in depth discussion with marxist economist, author and cofounder of democracy at work richard d. In the second book, understanding socialism, wolff looks at various. Richard wolff is the author of capitalism hits the fan. A socialism for the 21st century new unionism network blog.
A hotbutton primer on the taboo subject impacting most americans today. Wolff is the author of several books, including democracy at work. Recently, through an email exchange i was able to ask richard wolff a few questions about economics and alternatives to capitalism. He is currently a visiting professor at the new school for social research in new york. 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 professor of economics emeritus at umass amherst and a visiting professor in the graduate program in international affairs of the new school university in new york. In connection with wolff s discussion of the main topic above, he will also cover the following issues at the january 08, 2020 event. Richard wolff sat in a downtown chicago coffee shop and confessed he was having the time of his life. Wolff born april 1, 1942, youngstown, ohio is an american economist, wellknown for his work on marxian economics, economic methodology, and class analysis.
But, pardon my stupidity and illiteracy in economics, i find one of his examples a tint bit questionable. In the second half of his book, wolff discusses his cure for capitalism. Our books, understanding socialism and understanding marxism are. This is a community to discuss current events in our world from an anticapitalist perspective and to provide clarity to. In this book, wolff covers what socialism is and thus delineates what isnt socialism, the history of socialism, how it relates to fascism, and a convincing argument. Richard wolff published this page in blog 20200421 03. A cure for capitalism ebook written by richard wolff.
A cure for capitalism this is a small book which contains what he says in the utube video. Cornel west bold, thoughtful, transformativea powerful and challenging vision that takes us beyond both corporate capitalism and state socialism. Wolff is the author of many books, including capitalism hits the fan. Wolff is emeritus professor of economics at the university of massachusetts, amherst. Wolff, professor of economics emeritus, university of massachusetts, amherst friday, april 22, 2016 4.
The global economic meltdown and what to do about it. Richard d wolff is professor of economics emeritus at the university of massachusetts, amherst, where he taught economics from 1973 to 2008. In this interview with actvism munich professor wolff discusses the u. Democracy at work is a crystal clear articulation of the economic theories and proposals wolff has been championing for decades. Richard wolff is professor of economics emeritus, university of massachusetts, amherst, and a visiting professor at the new school in new york.
Wolff, currently the visiting professor in the graduate program in international affairs at. In his new book understanding socialism, richard wolff paves the way for a 21st century socialism that starts with democratizing the workplace. Theory and practice of 21st century socialism duration. Richard wolff has been one of a handful of marxist economists. He is professor emeritus of economics at the university of massachusetts amherst, and currently a visiting professor in the graduate program in international affairs of the new school university in new york. A cure for capitalism haymarket books and contending economic. Richard wolffs book is the best accessible and reliable treatment we have of what socialism is, was, and should be. Understanding socialism tackles the taboos and unveils the often hidden histories of socialism, but most importantly it offers a way forward.
Wolff has also taught economics at yale university. Wolf is the author of many books, including capitalism hits the fan. He earned a bachelors degree in history from harvard college in 1963, a masters degree in economics from stanford university in 1964, a masters degree in history from yale in 1967, and phd in economics from yale in 1969. Wolff s doctoral dissertation was published in 1974 as the economics of colonialism. Cornel west richard wolff s constructive and innovative ideas suggest new and promising foundations for a much more authentic democracy and sustainable and equitable development, ideas.
Wolff does not delve into current theoretical debates on marxist crisis theory, such as the question of the tendency of the rate of profit to decline. Wolff, professor of economics emeritus, university of. A crisis is a general term thats been around for as long as capitalism. Roar magazine is an independent journal of the radical imagination providing grassroots perspectives from the frontlines of. He is currently a visiting professor in the graduate. Wolffs recent work has concentrated on analyzing the causes and alternative solutions to the global economic crisis. Now, he is the most legit sounding and easily understandable lecturers on marxism. This book is required reading for anyone concerned about a fundamental transformation of the ailing capitalist economy. Richard david wolff born april 1, 1942 is an american economist, known for his work on. Understanding socialism explores how socialist theory was used and applied. Richard wolff s book is the best accessible and reliable treatment we have of what socialism is, was, and should be. American hyper capitalism breeds the lonely, alienated men who become mass killers richard d. Real wage stagnation, deepening wealth and income inequalities, unsustainable debt levels and export of jobs have been prevailing trends in those areas.
Wolff in 1989, wolff joined efforts with a group of colleagues, ex and then current students to launch rethinking marxism. Sexual assault, gender and 21st century capitalism richard d. If you do happen to listen wolff, be it on youtube, democracynow, his blog, or his radio program, there isnt much new material over the past several years richard wolff has gone from being a well published academic. These works explain our economy in an easy to understand manner without the usual bloviation from economists who are pushing ideologies. In 2019 he released his book understanding marxism democracy at work. Economist and university of massachusetts, amherst, professor richard wolff. 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. It focuses on wealth and income inequality in europe and the united states since the 18th century. Very recently, i got introduced to the lectures of richard wolff. How, why us economy is not in great shape how, why us capitalism now struggles between tariffs, trade wars protectionism and free trade globalization tensions, conflicts with china. In a time in which socialism is more popular than capitalism among the young, we now have a strong and powerful case for why socialism is what radical democracy looks like. It refers to this peculiar quality of the capitalist system that every four to seven years and i mean every four to seven years for two to three hundred years, this system goes into a tailspin. A cure for capitalism and over 8 million other books are available for amazon kindle.
They also talk about whether government intervention can lead to distortions in the economy and even authoritarianism. A cure for capitalism kindle edition by wolff, richard. A socialism for the 21st century friday, 07 june 20 00. Wolffs latest and democracy at works second published book.