Capitalism Hits the Fan

Insightful and informative, this is a timely exploration of the causes and remedies to the 21st century's ongoing financial crisis. It includes dedicated mailing and e-mail campaign to targeted business and economic interest media. "Capitalism Hits the Fan" chronicles one leading economist's growing alarm and insights as he watched, from 2005 onwards, the economic crisis build, burst, and then change the world. Step-by-step, Professor 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. As this book shows, we must now ask basic questions about capitalism as a system that has now convulsed the world economy into two great depressions in 75 years (and countless lesser crises, recession, and cycles in between). 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.

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Richard Wolff is Professor of Economics at the University of Massachusetts, and a visiting professor in the Graduate Program in International Affairs at the New School in New York.

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