Posted in Communism Socialism

Download Capitalism’s Crisis Deepens: Essays on the Global Economic by Richard D. Wolff PDF

By Richard D. Wolff

Whereas so much mainstream commentators view the challenge that provoked the nice Recession as having handed, those essays from Richard Wolff paint a miles much less rosy photo. Drawing consciousness to the intense downturn in so much of capitalism's outdated facilities, the unequal development within the its new facilities, and the resurgence of an international speculative bubble, Wolff—in his uniquely obtainable style—makes the case that the obstacle will be grasped no longer as a passing second yet as an evolving degree in capitalism's history.

Richard Wolff is Professor of Economics Emeritus, collage of Massachusetts, Amherst, and a vacationing Professor on the New university in manhattan. Wolff's fresh paintings has focused on interpreting the factors and substitute suggestions to the worldwide monetary drawback. His groundbreaking ebook Democracy at paintings: A remedy for Capitalism encouraged the construction of Democracy at paintings, a nonprofit association devoted to exhibiting how and why to make democratic places of work real.

Show description

Read Online or Download Capitalism’s Crisis Deepens: Essays on the Global Economic Meltdown PDF

Best communism & socialism books

Changing Anarchism: Anarchist Theory and Practice in a Global Age

The large protests opposed to globalisation lately have re-awoken curiosity in anarchism. altering anarchism units out to reposition anarchist idea and perform by means of documenting modern anarchist perform and supplying a workable analytical framework for realizing it. The contributions the following, from either lecturers and activists, bring up not easy and occasionally provocative questions on the complicated nature of strength and resistance to it.

What's left?: radical politics in the postcommunist era

The cave in of Soviet-style communism has provoked an id difficulty between socialists and leftists giving upward thrust to split identification politics between feminists, gays and different social pursuits. This examine explores this situation and provides feedback for a brand new imaginative and prescient and path for the left.

Stalin's Russia and the crisis in socialism

This ebook is the fruit of lengthy and concerned learn, first of Marx's theoretical philosophy, moment of Lenin's impetuously useful software of it, 3rd of the steadily constructing result of the innovative test set going less than Lenin's information.

Eclipse and Re-emergence of the Communist Movement

Within the years following 1968, a couple of humans interested in the main radical features of the French common strike felt the necessity to think about their reports and to narrate them to prior innovative endeavors. This intended learning prior makes an attempt and theories, specifically these of the post-1917 German-Dutch and Italian Communist Left.

Extra info for Capitalism’s Crisis Deepens: Essays on the Global Economic Meltdown

Example text

So the crisis persists. Third, large financial corporations took bailouts and used them to become even bigger than before 2007, to water down new regulations provoked by the crisis, to lend to over-indebted governments, and to find new speculations. Finance is riding a forty-year wave of growth as debts became the way workers, corporations, and governments do most of their business (from buying groceries with credit cards to borrowing to pay for college to exploding national debts). ) and profit from every step in every loan and loan-based speculation.

Instead public discussion and politicians’ actions are kept focused chiefly on cutting social programs for the majority. Corporate goals include providing high and rising salaries, stock options, and bonuses to top executives and rising dividends and share prices to shareholders. The less paid to the workers who actually produce what corporations sell, the more corporate revenue goes to satisfy directors, top managers, and major shareholders. Corporations also raise profits regularly by increasing prices and/ or cutting production costs (often by compromising output quality).

Indd 30 3/24/16 12:16 PM Capitalism’s Crisis Deepens 31 Work (DAW), since it entails the majority making the key enterprise decisions about what, how, and where to produce and what to do with the profits. If the workers made those decisions, here are some likely results. Primary goals would no longer be to reduce their own numbers or their wages. If technological changes or reduced demand for their outputs required fewer workers, they would likely maintain the wages of workers and retrain them for other jobs meeting growing demands.

Download PDF sample

Rated 4.26 of 5 – based on 50 votes