Occupy the Economy: Challenging Capitalism
Today's economic crisis is capitalism's worst since the Great Depression. Millions have lost their jobs, homes and healthcare while those who work watch their pensions, benefits and job security decline. As more and more are impacted by the crisis, the system continues to make the very wealthy even richer. In eye-opening interviews with prominent economist Richard Wolff, David Barsamian probes the root causes of the current economic crisis, its unjust social consequences and what can and should be done to turn things around.
While others blame corrupt bankers and unregulated speculators or the government or even the poor who borrowed, the authors show that the causes of the crisis run much deeper. They reach back to the 1970s when the capitalist system itself shifted, ending the century-old pattern of rising wages for U.S. workers and thereby enabling the top 1% to become ultra-rich at the expense of the 99%. Since then, economic injustice has become chronic and further corrupted politics. The Occupy movement, by articulating deep indignation with the whole system, mobilizes huge numbers who seek basic change. Occupying the Economy not only clarifies and analyzes the crisis in U.S. capitalism today, it also points toward solutions that can shape a far better future for all.
David Barsamian is founder and director of Alternative Radio and author of Targeting Iran. He is best known for his interview books with Noam Chomsky, including What We Say Goes.
Available to order at democracyatwork.info
In the news:
Truthout Contributor Richard Wolff on Challenging Capitalism in His New Book, "Occupy the Economy", Matt Renner, Truthout.org, May 17, 2012. website
Occupying Bookstores: Slow Economy Prompts Wave of Liberal Books, Associated Press, Washington Post, May 23, 2012. website
Publisher City Lights Publishers
Publication Date May 2012
List Price $14.95
Reviews of Occupy the Economy: Challenging Capitalism
"Occupy activists everywhere are heatedly debating the question, 'What's next for our movement?' In his collected interviews with David Barsamian, radical economist Richard Wolff lays out a compelling framework for further anti-corporate organizing that focuses on the root of the problem: capitalism and its never-ending assault on the 99%. Occupiers (past, present, and future) now have an intellectual guide to a different kind of economy--one that's equitable, sustainable and, let's hope, politically achievable, sooner rather than later. Wolff's deep but conversational synthesis of recent practice and older theory couldn't be more timely, persuasive, and readable. This book should be required reading for all labor and community organizers newly inspired by Occupy Wall Street!"
—Steve Early, labor activist, journalist, and author of The Civil Wars in U.S. Labor
"Capitalism has hit the fan and now, thanks to the decisions by and for the 1 percent, we're now mired in the Second Great Depression. In this accessible and engaging set of interviews, Richard Wolff explains the tremendous damage inflicted upon the 99 percent in trying to fix the mounting problems by attempting to reform capitalism and how the movement to occupy the economy can move us in a healthier, more democratic direction--beyond capitalism."
- David F. Ruccio, Professor of Economics, University of Notre Dame
"Richard Wolff and David Barsamian truly understand, at the deepest levels, both the need for political, social, and economic change in this nation, and the ways such change can happen. This is an essential read for everybody concerned with the future of the world, from academics to concerned citizens, it's also a brilliant and thoughtful manual that every activist must own."
-Thom Hartmann, Author, The Last Hours of Ancient Sunlight, Internationally syndicated radio/TV host