Focused primarily on resolving labor problems, Wolff posits the idea of Worker Self-Directed Enterprises (WSDE), businesses owned and operated by the employees, as the replacement for and solution to the exploitative top-down employer model common in the U.S. It sounds crazy at first, but Wolff provides solid examples of successful cooperatives and a detailed examination of the ways American workers are being harmed by current capitalist methodology. The most satisfying aspect of this book is Wolff's hands-on approach — instead of just discussing the pros and cons of capitalism and social democracy, he provides definitive guidelines on how to make WSDE a reality. (Featured Book, "Beyond the Headlines"
) Recommended By Rhianna W., Powells.com
Synopses & Reviews
A new historical vista is opening before us in this time of change, Wolff writes in this compelling new manifesto for a democratic alternative based on workers managing their own workplaces.
Capitalism as a system has spawned deepening economic crisis alongside its bought-and-paid for political establishment. Neither serves the needs of our society. Whether it is secure, well-paid and meaningful jobs or a sustainable relationship with the natural environment that we depend on, our society is not delivering the results people need and deserve.
One key cause for this intolerable state of affairs is the lack of genuine democracy in our economy as well as in our politics. The solution requires the institution of genuine economic democracy, starting with workers managing their own workplaces, as the basis for a genuine political democracy.
Here Wolff lays out a hopeful and concrete vision of how to make that possible, addressing the many people who have concluded economic inequality and politics as usual can no longer be tolerated and are looking for a concrete program of action.
Richard D. Wolff is Professor of Economics Emeritus, University of Massachusetts, Amherst. He is currently a Visiting Professor at the New School University in New York. Wolf is the author of many books, including Capitalism Hits the Fan: The Global Economic Meltdown and What to Do About It. He hosts the weekly hour-long radio program Economic Update on WBAI (Pacifica Radio) and writes regularly for The Guardian, Truthout.org, and the MRZine.
A new manifesto for gaining democratic control of our workplaces.
About the Author
Richard D. Wolff is a American economist, well-known for his work on Marxist economics, economic methodology and class analysis.
Wolff received his Ph.D. in economics from Yale University in 1969. Wolff taught at the City College of New York from 1969-1973, and teaches graduate seminars and undergraduate courses and direct dissertation research in economics at the University of Massachusetts Amherst.
He has authored numerous articles and books and has given many public lectures at colleges and universities (Notre Dame, University of Missouri, Washington College, Franklin and Marshall College, New York University, etc.) to community and trade union meetings, in high schools, etc. He also maintains an extensive schedule of media interviews (on many independent radio stations such as KPFA in Berkeley, KPFK in Los Angeles, WBAI in New York, National Public Radio stations, the Real News Network, the Glenn Beck Show, and so on).