Summary of Richard Wolff's Democracy at Work
By IRB Media
()
About this ebook
Please note: This is a companion version & not the original book. Book Preview:
#1 Capitalism has had an extraordinary run in the United States, and it is responsible for catapulting Britain’s former colony to its status as a global economic, political, and cultural superpower. However, the costs of the journey were huge and widely distributed, and the gains were also huge but less widely distributed.
#2 The two key dimensions of capitalism are private property and the market. Many contemporary usages of capitalism focus on these two dimensions. However, many capitalist economies also contain significant amounts of productive property and products owned by state apparatuses in the name of the society as a whole.
#3 Capitalism is defined differently by different people. I define it as a system in which a mass of people, called productive workers, produce a total output greater than the portion of that output given back to them in wages. The difference between their total output and their wage portion is called the surplus and it accrues to a different group of people, capitalists.
#4 The capitalist economic system in the United States and many other parts of the world has gotten a free pass in terms of criticism and debate over the last half-century. This was the response of business and political leaders, the mainstream media, and the academic community to the Cold War and the conservative resurgence after the Great Depression.
IRB Media
With IRB books, you can get the key takeaways and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience.
Read more from Irb Media
Summary of David R. Hawkins's Letting Go Rating: 4 out of 5 stars4/5Summary of Jessie Inchauspe's Glucose Revolution Rating: 5 out of 5 stars5/5Summary of Tiago Forte's Building a Second Brain Rating: 4 out of 5 stars4/5Summary of Dr. Mindy Pelz's The Menopause Reset Rating: 3 out of 5 stars3/5Summary of Mark Wolynn's It Didn't Start with You Rating: 4 out of 5 stars4/5Summary of Joe Dispenza's Breaking the Habit of Being Yourself Rating: 4 out of 5 stars4/5Summary of Anna Lembke's Dopamine Nation Rating: 4 out of 5 stars4/5The Untethered Soul by Michael A. Singer | Key Takeaways, Analysis & Review: The Journey Beyond Yourself Rating: 4 out of 5 stars4/5Summary of J.L. Collins's The Simple Path to Wealth Rating: 5 out of 5 stars5/5Summary of Al Brooks's Trading Price Action Trends Rating: 5 out of 5 stars5/5Summary of Ryan Daniel Moran's 12 Months to $1 Million Rating: 5 out of 5 stars5/5Summary of Lindsay C. Gibson's Adult Children of Emotionally Immature Parents Rating: 5 out of 5 stars5/5Summary of James Nestor's Breath Rating: 5 out of 5 stars5/5Summary of Clarissa Pinkola Estés's Women Who Run With the Wolves Rating: 5 out of 5 stars5/5Summary of Erin Meyer's The Culture Map Rating: 5 out of 5 stars5/5Summary of Dr. Julie Smith's Why Has Nobody Told Me This Before? Rating: 4 out of 5 stars4/5Summary of Gabor Mate's When the Body Says No Rating: 0 out of 5 stars0 ratingsSummary of Lindsay C. Gibson's Self-Care for Adult Children of Emotionally Immature Parents Rating: 5 out of 5 stars5/5Summary of Haemin Sunim's The Things You Can See Only When You Slow Down Rating: 5 out of 5 stars5/5Summary of Mark Douglas' The Disciplined Trader™ Rating: 5 out of 5 stars5/5Summary of Brendan Kane's One Million Followers Rating: 0 out of 5 stars0 ratingsSummary of Bronnie Ware's Top Five Regrets of the Dying Rating: 4 out of 5 stars4/5Summary of Gordon Neufeld & Gabor Maté's Hold On to Your Kids Rating: 5 out of 5 stars5/5Summary of Devon Price's Unmasking Autism Rating: 5 out of 5 stars5/5Summary of Uma Naidoo's This Is Your Brain on Food Rating: 5 out of 5 stars5/5Summary of Anna Coulling's A Complete Guide To Volume Price Analysis Rating: 5 out of 5 stars5/5Summary of Gino Wickman's Traction Rating: 4 out of 5 stars4/5Summary of Rebecca Fett's It Starts With The Egg Rating: 0 out of 5 stars0 ratingsSummary of Thomas Erikson's Surrounded by Idiots Rating: 1 out of 5 stars1/5
Related to Summary of Richard Wolff's Democracy at Work
Related ebooks
The Pro-Growth Progressive: An Economic Strategy for Shared Prosperity Rating: 0 out of 5 stars0 ratingsToward Liberty: The Idea That Is Changing the World Rating: 0 out of 5 stars0 ratingsDo Deficits Matter? Rating: 5 out of 5 stars5/5Summary of Capital in the Twenty-First Century: by Thomas Piketty | Includes Analysis Rating: 0 out of 5 stars0 ratingsThe End of Protest: How Free-Market Capitalism Learned to Control Dissent Rating: 0 out of 5 stars0 ratingsThe State We're In: Reflecting on Democracy's Troubles Rating: 0 out of 5 stars0 ratingsMarx in the Field Rating: 0 out of 5 stars0 ratingsInequality and Evolution: The Biological Determinants of Capitalism, Socialism and Income Inequality Rating: 0 out of 5 stars0 ratingsThe Early Morning Phonecall: Somali Refugees' Remittances Rating: 0 out of 5 stars0 ratingsReds, White and Blue: An Anthology of American Socialism and Communism 1880-1920 Rating: 0 out of 5 stars0 ratingsThe Living Wage Rating: 0 out of 5 stars0 ratingsThe Return of the State: Restructuring Britain for the Common Good Rating: 0 out of 5 stars0 ratingsCommon Misconceptions of Economic Policy Rating: 0 out of 5 stars0 ratingsThe Labour Party under Ed Miliband: Trying but failing to renew social democracy Rating: 0 out of 5 stars0 ratingsMarx and the Alternative to Capitalism Rating: 4 out of 5 stars4/5Dead Right: How Neoliberalism Ate Itself and What Comes Next Rating: 4 out of 5 stars4/5CAPITAL (All 3 Books) Rating: 0 out of 5 stars0 ratingsCritical and Historical Essays — Volume 2 Rating: 0 out of 5 stars0 ratingsTwentieth Century Socialism What It Is Not; What It Is: How It May Come Rating: 4 out of 5 stars4/5Lombard Street: A Description of the Money Market Rating: 4 out of 5 stars4/5Summary Of "Political Sociology" By Jacques Legroye: UNIVERSITY SUMMARIES Rating: 0 out of 5 stars0 ratingsJohn Stuart Mill: Proportional Representation is Personal Representation. Rating: 0 out of 5 stars0 ratingsWallerstein 2.0: Thinking and Applying World-Systems Theory in the 21st Century Rating: 0 out of 5 stars0 ratingsFrench and German Socialism in Modern Times Rating: 0 out of 5 stars0 ratingsStatecraft and Society in China: Grassroots politics in China Rating: 0 out of 5 stars0 ratingsMovements in Times of Democratic Transition Rating: 0 out of 5 stars0 ratingsYou Always Hurt the One You Love: Central Banks and the Murder of Capitalism Rating: 0 out of 5 stars0 ratingsHow to Dismantle the NHS in 10 Easy Steps: The Blueprint That The Government Does Not Want You To See Rating: 0 out of 5 stars0 ratingsInequality and Prosperity: Social Europe vs. Liberal America Rating: 4 out of 5 stars4/5The Fall and Rise of the British Left Rating: 3 out of 5 stars3/5
Social Science For You
My Secret Garden: Women's Sexual Fantasies Rating: 4 out of 5 stars4/5The Song of the Cell: An Exploration of Medicine and the New Human Rating: 4 out of 5 stars4/5A People's History of the United States Rating: 4 out of 5 stars4/5Come As You Are: Revised and Updated: The Surprising New Science That Will Transform Your Sex Life Rating: 4 out of 5 stars4/5Fervent: A Woman's Battle Plan to Serious, Specific, and Strategic Prayer Rating: 5 out of 5 stars5/5Questions for Couples: 469 Thought-Provoking Conversation Starters for Connecting, Building Trust, and Rekindling Intimacy Rating: 0 out of 5 stars0 ratingsThe Art of Witty Banter: Be Clever, Quick, & Magnetic Rating: 4 out of 5 stars4/5Just Mercy: a story of justice and redemption Rating: 5 out of 5 stars5/5Prisoners of Geography: Ten Maps That Explain Everything About the World Rating: 4 out of 5 stars4/5All About Love: New Visions Rating: 4 out of 5 stars4/5The Like Switch: An Ex-FBI Agent's Guide to Influencing, Attracting, and Winning People Over Rating: 4 out of 5 stars4/5The Body Is Not an Apology, Second Edition: The Power of Radical Self-Love Rating: 4 out of 5 stars4/5The Human Condition Rating: 4 out of 5 stars4/5The Sun Does Shine: How I Found Life and Freedom on Death Row (Oprah's Book Club Selection) Rating: 4 out of 5 stars4/5Women Don't Owe You Pretty Rating: 4 out of 5 stars4/5The Denial of Death Rating: 4 out of 5 stars4/5Verbal Judo, Second Edition: The Gentle Art of Persuasion Rating: 4 out of 5 stars4/5Bad Feminist: Essays Rating: 4 out of 5 stars4/5Homicide: A Year on the Killing Streets Rating: 4 out of 5 stars4/5The Fourth Turning Is Here: What the Seasons of History Tell Us about How and When This Crisis Will End Rating: 4 out of 5 stars4/5Waking Up: A Guide to Spirituality Without Religion Rating: 4 out of 5 stars4/5You're Not Listening: What You're Missing and Why It Matters Rating: 4 out of 5 stars4/5
Reviews for Summary of Richard Wolff's Democracy at Work
0 ratings0 reviews
Book preview
Summary of Richard Wolff's Democracy at Work - IRB Media
Insights on Richard Wolff's Democracy at Work
Contents
Insights from Chapter 1
Insights from Chapter 2
Insights from Chapter 3
Insights from Chapter 1
#1
Capitalism has had an extraordinary run in the United States, and it is responsible for catapulting Britain’s former colony to its status as a global economic, political, and cultural superpower. However, the costs of the journey were huge and widely distributed, and the gains were also huge but less widely distributed.
#2
The two key dimensions of capitalism are private property and the market. Many contemporary usages of capitalism focus on these two dimensions. However, many capitalist economies also contain significant amounts of productive property and products owned by state apparatuses in the name of the society as a whole.
#3
Capitalism is defined differently by different people. I define it as a system in which a mass of people, called productive workers, produce a total output greater than the portion of that output given back to them in wages. The difference between their total output and their wage portion is called the surplus and it accrues to a different group of people, capitalists.
#4
The capitalist economic system in the United States and many other parts of the world has gotten a free pass in terms of criticism and debate