Democracy at Work

Richard D. Wolff masterfully explains why Karl Marx's analysis of class struggle is fundamental to a proper understanding of capitalism and explores how to build a more sustainable democratic society. Class struggle is everywhere, and it influences everything and everyone in our society. Marx is the person who first explained this struggle systematically. For Marx, capitalism signified not the end of history, but rather the latest phase of human development that leads ordinary people to rid themselves of "all the muck of ages and become fitted to found society anew." Marx's theories are deeply prescient and relevant in our efforts to understand and cope with the crises of our time. Every day, we see more evidence that the capitalist system is both undermining itself and those whose labor it depends on, as Marx predicted. Understanding Marxism is an essential resource for looking at the power and usefulness of Marx's criticism of the capitalist economic system-and how we can move beyond it to a truly sustainable and democratic society based on workers' self-management.

Socialism is a yearning for justice, community, and the greater realization of human potential. Cornel West calls it "the best accessible and reliable treatment we have of what socialism is, was, and should be." Understanding Socialism is a plainspoken text that disarms false narratives, confronts past failures, and offers a path to a fresh and modern understanding of socialism, by outlining what democracy in the workplace could look like. Wolff not only explains what socialism is and has meant to its various proponents, he also looks at the transition from feudalism to capitalism as a model to help us visualize an evolution from our current socioeconomic state. Understanding Socialism explores how socialist theory was used and applied to help shape the histories of countries such as Russia and China, and beyond. Wolff also analyzes the successes and defeats of those countries, the world's reactions to them, and how they offer important lessons for the building of a democratic, worker-controlled 21st-century socialism.

"Why does capitalism fail us?" Richard D. Wolff walks readers through this pressing question in a brilliant takedown of an economic system that benefits the few at the great expense of the many. Understanding Capitalism explores the different definitions of what capitalism is and is not, and dissolves the many myths that, Wolff argues, are designed to confuse and disorient us. Wolff doesn't simply identify the crises and harms manufactured by capitalism, he details a path forward by outlining alternative economic models that combat the exploitation and oppression inherent in capitalism. Capitalism oftentimes feels as permanent as the sky above. Understanding Capitalism shows that our current economic system is only as strong as the ordinary people who enable its existence, and that capitalism's demise requires an organized, collective effort by those who can identify its vulnerabilities and limitations, but also understand that another world is indeed possible.