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Capitalism Hits the Fan: The Global Economic Meltdown and What to Do about It Revised Edition
Contributor(s): Wolff, Richard D. (Author)
ISBN: 1566569362     ISBN-13: 9781566569361
Publisher: Interlink Books
OUR PRICE:   $18.00  
Product Type: Paperback - Other Formats
Published: September 2012
Qty:
Temporarily out of stock - Will ship within 2 to 5 weeks
Additional Information
BISAC Categories:
- Political Science | Political Economy
- Political Science | Public Policy - Economic Policy
- Business & Economics | Economics - Theory
Dewey: 330.973
LCCN: 2019462430
Physical Information: 0.7" H x 6" W x 8.9" (1.00 lbs) 288 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
A BREATHTAKINGLY CLEAR ANALYSIS OF TODAY'S ONGOING ECONOMIC CRISIS In this updated edition of Capitalism Hits the Fan, Professor Wolff explains why capitalism's global crisis persists, why bank bailouts and austerity policies fail, and why deepening economic inequality now generates historic social tensions and conflicts and worsens the ongoing crisis. This book chronicles one economist's growing alarm and insights as he watched, from 2005 onwards, the economic crisis build, burst, and then change the world. The argument here differs sharply from most other explanations offered by politicians, media commentators, and other academics. Step by step, Wolff shows that deep economic structures--the relationship of wages to profits, of workers to boards of directors, and of debts to income--account for the crisis. The book's essays engage the long-overdue public discussion about capitalism as a system and about the basic structural changes needed not only to fix today's broken economy but to prevent future crises.