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Democracy at Work

220 pages, 2012

Takeaways
Description

Capitalism as a system has spawned a 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 directing their own workplaces, as the basis for genuine political democracy.

Here Richard D. 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.

Understanding Capitalism

In Democracy at Work, Richard Wolff takes a deep look into the capitalist system. He explains how it operates and its impact on society. He also explores the inherent flaws in the system, such as income inequality and job insecurity. This book will give you a new perspective on capitalism and its effects on our daily lives.

The Concept of Worker Self-Directed Enterprises

Wolff introduces the idea of Worker Self-Directed Enterprises (WSDEs). These are businesses where the employees themselves make the decisions, rather than a small group of executives or shareholders. This concept is a game-changer, and it could revolutionize the way businesses operate.

The Power of Democracy in the Workplace

Democracy isn't just for politics. Wolff argues that applying democratic principles in the workplace can lead to more equitable and productive businesses. He believes that when workers have a say in decision-making, it leads to better outcomes for everyone involved.

Critique of Traditional Economic Theories

Wolff isn't afraid to challenge traditional economic theories. He critiques the mainstream economic thought and offers alternative perspectives. If you're interested in economics, this book will make you see things in a new light.

The Need for Economic Change

One of the key messages in Democracy at Work is the need for economic change. Wolff argues that the current system isn't working for the majority of people. He suggests that we need to explore new economic models, like WSDEs, to create a more equitable and sustainable economy.

Quotes 5

Richard Wolff's Democracy at Work brilliantly analyzes the power of worker self-directed enterprises to bring about a fundamental, systemic change.

Noam ChomskyNoam Chomsky - Linguist, Philosopher, Activist

Democracy at Work is a clarion call for a new, fairer economic system that values the many over the few.

Chris HedgesChris Hedges - Journalist, Author, Activist

Richard Wolff's book is a powerful contribution to the growing debate about the need for a fundamental change in our economy.

Gar AlperovitzGar Alperovitz - Historian, Economist, Activist

Democracy at Work is a compelling, thought-provoking read that challenges our perceptions of capitalism and presents a persuasive case for change.

Stephanie KeltonStephanie Kelton - Economist, Academic, Author

Richard Wolff's Democracy at Work is a bold, insightful critique of capitalism and a clear vision for a better, more equitable alternative.

David HarveyDavid Harvey - Geographer, Anthropologist, Marxist
Noam ChomskyChris HedgesGar AlperovitzStephanie KeltonDavid Harvey

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