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

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Praise for Richard Wolff and Democracy at Work:

“Richard Wolff’s constructive and innovative ideas suggest new and promising foundations for a lot more authentic democracy and sustainable and equitable development, ideas that may be implemented right away and carried forward. A very valuable contribution in troubled times.”—Noam Chomsky

“Richard Wolff is the leading socialist economist within the country. This book is required reading for any person enthusiastic about a fundamental transformation of the ill capitalist economy!”—Cornel West

“Bold, thoughtful, transformative-a powerful and challenging vision that takes us beyond both corporate capitalism and state socialism. Richard Wolff at his best!”—Gar Alperovitz

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 its new centers, and the resurgence of a global speculative bubble, Wolff—in his uniquely accessible style—makes the case that the crisis must be grasped not as a passing moment, but as an evolving stage in capitalism’s history.

Richard Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst, and a Visiting Professor on the New School in New York. Wolff’s up to date 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.

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