Understanding Capitalism

Richard D. Wolff

• Publisher: Haymarket Books
• Year: 2025
• Print ISBN: 9798888904602
• eBook ISBN: 9798888905319
• Topic: Economics
• Subtopic: Economic Theory
• Index: Economics

"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.

Table of contents

• Cover
• Title Page
• Copyright Page
• Contents
• Introduction
• How to Read this Book
• 1. Defining Capitalism: What It Is
• 2. Defining Capitalism: What It Is Not
• 3. The Problems of Capitalism
• 4. The Myths of Capitalism
• 5. The Relationships of Capitalism
• 6. Capitalism and You
• 7. What Comes After Capitalism
• Acknowledgments
• Further Reading
• Index
• About the Author
• About Haymarket Books