Articles by Richard D. Wolff

We found 4 results.

Understanding the Basics of 21st-Century Democracy, Autocracy, and Capitalism
Richard D. Wolff | Independent Media Institute – TRANSCEND Media Service, 20 Sep 2021

16 Sep 2021 – Marxism’s criticisms of capitalism in the century after Marx’s death might have led it to advocacy for worker cooperatives. Instead, it focused on which agents could accomplish a transition from capitalism to socialism: the working class or the state.

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Explaining 21st-Century Capitalism in a Way Everyone Can Understand
Richard D. Wolff | Independent Media Institute – TRANSCEND Media Service, 30 Aug 2021

19 Aug 2021 – For those of you trying to understand economics and what capitalism is about, here is an excellent introduction. Capitalism is just one particular way of—a system for—organizing the production and distribution of goods and services. It differs from other systems such as slavery and feudalism but also shares some similarities with them.

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Start with Worker Self-Directed Enterprises
Richard D. Wolff | The Next System Project – TRANSCEND Media Service, 29 Aug 2016

Richard Wolff describes a next economic system centered on worker-directed cooperatives. To transition to a non-capitalist system we must change the “who and the why of key economic decision making.” To do so he proposes changes at the “basic enterprise level” by “making workers their own bosses.”

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US Political Dysfunction and Capitalism’s Withdrawal
Richard D. Wolff – TRANSCEND Media Service, 4 Nov 2013

The classic problems of early, rapid capitalist industrialization are obvious daily in the new centers. What we learn about early capitalism when we read Charles Dickens, Emile Zola, Maxim Gorky and Jack London, we see now again in the new centers.

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