FDL Book Salon Welcomes Richard D. Wolff, Democracy at Work: A Cure for Capitalism

By: Sunday April 7, 2013 1:59 pm

Richard Wolff’s latest book, Democracy at Work: A Cure for Capitalism, makes provocative observations about our economic woes and proposes thoughtful solutions. His writing is concise and clear so even if you do not agree with his perspective on the world you come away with a clear understanding not only of what he thinks, but why you’re thinking doesn’t align with his.

You will read about such ideas only rarely in the news pages of mainstream magazines and newspapers – and then typically in a tone that is, at best, jaundiced. Wolff gets even less attention from radio, television and cable programs, with the lone exception of Bill Moyers who has been shunted off to a time slot guaranteed to minimize his audience.

Why the fear of an aging professor? Almost certainly it is because Wolff is widely regarding as America’s leading Marxist economist.

 

FDL Book Salon Welcomes Richard D. Wolff, Occupy The Economy: Challenging Capitalism

By: Sunday July 22, 2012 1:59 pm

One of the long standing taboos in the US is an open discussion of our capitalist economic system. Mainstream economists talk of business cycles, recessions, depressions, upturns, downturns, etc, in an effort to avoid discussing just how unstable capitalism is. In 2009 that changed. Professor Richard D Wolff, a PhD who taught economics at UMass for many years, published a book entitled Capitalism Hits The Fan, a compilation of articles and essays written between 2005 and 2008. Since that time he has been on a whirlwind of personal appearances and radio/TV talk shows discussing just how capitalism has worked, or not worked, for people over the last 50 years.

Cooperative Efforts: This Is How We Save Ourselves

By: Saturday April 21, 2012 12:00 pm

The Western emphasis on the individual at the expense of the group — an emphasis that capitalism seems to heighten — has its good points and bad points. One of the bad points, a massive, Rand-stoked indifference to the plights of others, has dominated our politics and culture for most of the past half-century.

The 150-Year Labor Shortage, The Fall of Corporate Taxation: Things The Establishment Media Don’t Exactly Emphasize

By: Thursday March 15, 2012 11:05 am

I learned two useful things that are central to American life today, yet which I have never once heard stated on the radio or TV or read in a newspaper: I learned about the labor shortage that fueled the 150-year period of rising wages in the United States, and I learned about the fact that corporations used to pay a lot more in corporate taxes, especially as an overall percentage of American tax revenues, than they do now.

FDL Book Salon Welcomes Richard D. Wolff, Capitalism Hits the Fan: The Global Economic Meltdown and What to Do About It

By: Saturday July 17, 2010 2:00 pm

Dr. Wolff is a prominent Marxist economist who teaches at U. Mass and The New School. The book is composed of scores of short essays he did for Monthly Review beginning in 2005. The publicity blurb sent to potential reviewers states that Dr. Wolff “predicted the economic meltdown years ago.” The book does not contain specific predictions of the meltdown beyond the omnipresent Marxist prediction that capitalism is inherently unstable. Dr. Wolff’s articles take note of the bubble and nonprime assets in the articles in the book after the collapse of the bubble and after the crisis in nonprime assets were obvious. Readers interested in the scholars that predicted the specific crisis should consult Jamie Galbraith’s article.

Dr. Wolff’s emphasis is explaining his overall Marxist critique of capitalism’s defects. The articles can be read easily by the general reader. No economic expertise is required and Dr. Wolff writes in English without the Marxist jargon that non-specialists find confusing.

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