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Understanding Socialism

4.06  ·  Rating details ·  16 ratings  ·  4 reviews
A blend of history, analysis, and theory, "Understanding Socialism" is an honest and approachable text that knocks down false narratives, confronts failures and challenges of various socialist experiments throughout history, and offers a path to a new socialism based on workplace democracy.

"Richard Wolff's book is the best accessible and reliable treatment we have of what
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Paperback, First Edition, 150 pages
Published December 2nd 2019 by Democracy at Work
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Mark
Dec 26, 2019 rated it it was amazing
Shelves: socialism, economics
This book Understanding Socialism reveals an encapsulated history of Socialism in an easy to understand short book (129 pages).

We see why the binary economic structures of the past have produced an angst among the populations of the world for something better. First there was the master/slave binary. Next there grew the lord/peasant binary. When the peasantry grew anxious for something new, the outgrowth was capitalism. The binary changed to employer/employee. Early socialism effectively kept
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Ietrio
Feb 03, 2020 rated it did not like it
Shelves: junk
Socialism is perfect. Yet the other brands of Socialism were sinful because the leaders were following fake prophets. Here's another prophet coming after 40 years in the academic desert with the blessed prophecies from the one true god.
S.Neubeck
Great refresher. Enough depth with no preconceived notions, that is left to the future.
Philonerd
Mar 18, 2020 rated it it was amazing
Ive read very few books about socialism, but this seems to be one of the best introductory overviews for the subject. In my view, Wolff provides the most convincing definition of socialism which encapsulates its many diverse forms. In my own rephrasing, socialism is generally reaction to capitalist hierarchies (which are inherently oppressive). Additionally, Wolff is an economics genius, so he has good ideas for how socialism can best exist in practice in the real world.

In this book, Wolff
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Richard D. Wolff (born April 1, 1942, Youngstown, Ohio) is an American economist, well-known for his work on Marxian economics, economic methodology, and class analysis. He is Professor of Economics Emeritus, University of Massachusetts, Amherst, and currently a Visiting Professor in the Graduate Program in International Affairs of the New School University in New York. Wolff has also taught ...more

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