CAPITALISM’S CRISIS DEEPENS
Essays on the Global Economic Meltdown
By Richard D. Wolff
Haymarket Books (April 2016)
Paper • ISBN-13: 9781608465958 • US $18.95 • 223 pages
ABOUT THE BOOK:
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 the 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.
PRAISE FOR THE AUTHOR:
“Probably America’s most prominent Marxist economist”
New York Times Magazine
“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
“Richard Wolff is the leading socialist economist in the country. This book is required reading for anyone concerned about a fundamental transformation of the ailing capitalist economy!”
Cornel West
“Bold, thoughtful, transformative—a powerful and challenging vision of that takes us beyond both corporate capitalism and state socialism. Richard Wolff at his best!”
Gar Alperovitz, author of America Beyond Capitalism; Lionel R. Bauman Professor of Political Economy, University of Maryland
“From Fox to Occupy, it seems everyone wants to hear what American Marxist Richard Wolff has to say about economics…. He has gone from being a rare thing – an American Marxist – to something even rarer: a popular American Marxist.”
The Guardian
ABOUT THE AUTHOR:
Richard D. 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.
OTHER TITLES BY THIS AUTHOR:
Democracy at Work: A Cure for Capitalism
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