Fun and easy to read. The first half is a shallow and general rant against capitalism, where the author calls socialism and communism as a form of public administrative capitalism; he sees these government models as fundamentally unfair since the employees (the producers of surplus value) don't call the shots. Inspire a love of reading with Amazon Book Box for Kids. Throughout the book things such as the Soviet Union, Occupy Wall Street, the Great Depression, and the Great Recession get referenced frequently to help contextualize objects of discussion. You can watch it on his website or on Youtube. I recommend the "monthly update" from Prof Wolff. He begins the book by outlining what the conventional Cold War definition of Capitalism and (State) Socialism were, and how he differs of opinion, instead focusing on the workers' right to control their workplace directly, on building an economic democracy. Wolff is the author of many books, including Capitalism Hits the Fan: The Global Economic Meltdown and What to Do About It. Published November 2019, by Democracy at Work Paperback ISBN: 978-0-578-22734-4 ebook ISBN: 978-0-578-23267-6. Capatalism is undoubtedly far from perfect, yet so far trying to replace it alltogether has resulted in unspeakable suffering for the people engaged in those experiments. It analyzes the successes and defeats of those countries, the world's reactions to them (anti-socialism and fascism), and how all of those factors offer important lessons for the building of a 21st century socialism.Understanding Socialism was published by Democracy at Work. The solution requires the institution of genuine economic democracy, starting with workers managing their own workplaces, as the basis for a genuine political democracy. "—Cornel West “Richard Wolff’s constructive and innovative ideas suggest new and promising foundations for a much more authentic democracy … Democracy at Work is a non-profit 501 (c)3 that produces media and live events. Reviewed in the United States on March 22, 2016. Reviewed in the United States on March 13, 2018. Understanding Socialism (2019) Understanding Socialism is Prof. Wolff's latest and Democracy at Work's second published book.. Understanding Socialism tackles the taboos and unveils the often hidden histories of socialism, but most importantly it offers a way forward: a socialism built on democracy … Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required. has been added to your Cart. The second half is an incoherent proposal where employees are the directors of the companies they work for; but in this proposal he provides no solution for any of the challenging cases... how to handle build vs buy (ie, a cleaning company), or how to handle education (it's still a government operation?). Democracy at Work is subtitled A Cure for Capitalism and does indeed advocate a concrete alternative to capitalist business structures. I have now two versions of this book. Author of Collective Courage: A History of African American Cooperative Economic Thought and Practice. This is a short (tedious), religious book -- either you believe that employee directed enterprises are the solution to all the worlds problems, or you don't. The authors tell the story of a democratic workers' cooperative that makes hand-rolled cigarettes, known as "beedis," in the unorganized sector of a fiercely competitive capitalist economy in India. Neither serves the needs of our society. . Our payment security system encrypts your information during transmission. This book is required reading for anyone concerned about a fundamental … Understanding Socialism tackles the taboos and unveils the often hidden histories of socialism, but most importantly it offers a way forward: a socialism built on democracy in the workplace. Salon, "Capitalism is the reason COVID-19 is ravaging America", The David Pakman Show, "Did Capitalism Fail Us During Coronavirus? In the same accessible style that has made his programs and lectures such a hit, he explains his subject in a way that's not only smart, but makes the rest of us feel smart. We don't need to save capitalism, we need to replace it with something better. Book description One of the greatest challenges in the twenty-first century is to address large, deep, and historic deficits in human development. .orange-text-color {color: #FE971E;} Discover additional details about the events, people, and places in your book, with Wikipedia integration. DRIVEN: Leveraging Motivation, Intelligence, and Social Awareness to Succeed at Work. This book is required reading for anyone concerned about a fundamental transformation of the ailing capitalist economy. 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 Sickness is the System: When Capitalism Fails to Save Us from Pandemics or Itself. Reviewed in the United States on February 6, 2019. https://www.amazon.com/Democracy-at-Work-Cure-Capitalism/dp/1608462471 The Sickness is the System is published by Democracy at Work. 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