Understanding Capitalism

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A01=Richard D. Wolff
Author_Richard D. Wolff
Capitalism
Category=JBSA
Category=JPFC
Category=JPFF
Category=KCA
Category=KCP
Category=KCSA
economic theory
eq_bestseller
eq_business-finance-law
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eq_nobargain
eq_non-fiction
eq_society-politics
free markets
Idiots Guide to Capitalism
labor strikes
marxist economics
oppression
socialism

Product details

  • ISBN 9798888905012
  • Dimensions: 127 x 203mm
  • Publication Date: 09 Dec 2025
  • Publisher: Haymarket Books
  • Publication City/Country: US
  • Product Form: Hardback
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“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.

Richard D. Wolff is professor of economics emeritus, University of Massachusetts, Amherst, and a visiting professor at the New School University in New York. Wolff hosts the weekly hour-long radio program Economic Update, which is syndicated on public radio stations nationwide.

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