"Capitalism Hits the Fan differs sharply from most other explanations offered by politicians, media commentators, and academics. 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. Government bailout interventions have thrown too little money too late at a problem that requires more than money to solve. 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, recessions, and cycles in between). The book's essays engage the long-overdue public discussion about basic structural changes and systemic alternatives needed not only to fix today's broken economy but to prevent future crises." --Book Jacket.

“Urgent work, by the foremost champion of ‘progressive capitalism.’ ” — The New Yorker An authoritative account of the dangers of unfettered markets and monied politics, People, Power, and Profits shows us an America in crisis. The American people, however, are far from powerless, and Joseph Stiglitz provides an alternative path forward through his vision of progressive capitalism, with a comprehensive set of political and economic changes.

"We are in a fight for our lives. Hurricanes Irma and María unmasked the colonialism we face in Puerto Rico, and the inequality it fosters, creating a fierce humanitarian crisis. Now we must find a path forward to equality and sustainability, a path driven by communities, not investors. And this book explains, with careful and unbiased reporting, only the efforts of our community activists can answer the paramount question: What type of society do we want to become and who is Puerto Rico for?" --Carmen Yulín Cruz, Mayor of San Juan In the rubble of Hurricane Maria, Puerto Ricans and ultrarich "Puertopians" are locked in a pitched struggle over how to remake the island. In this vital and startling investigation, bestselling author and activist Naomi Klein uncovers how the forces of shock politics and disaster capitalism seek to undermine the nation's radical, resilient vision for a "just recovery." All royalties from the sale of this book in English and Spanish go directly to JunteGente, a gathering of Puerto Rican organizations resisting disaster capitalism and advancing a fair and healthy recovery for their island. For more information, visit http: //juntegente.org/. Naomi Klein is an award-winning journalist, syndicated columnist, documentary filmmaker and author of the international bestsellers No Logo: Taking Aim at the Brand Bullies, The Shock Doctrine: The Rise of Disaster Capitalism, This Changes Everything: Capitalism vs. the Climate, and No Is Not Enough.

"From Teen Vogue sex and love columnist Nona Willis Aronowitz, a blend of memoir, social history, and cultural criticism that probes the true meaning of desire and sexual freedom in today's age. At thirty-two years old, everything in Nona's life, and in America, was in extreme disarray. Her marriage was falling apart. Her nuclear family was slipping away. Her heart and libido were suffering from overexposure. Embroiled in an era of fear, reckoning, and reimagining, her assumptions of what "sexual liberation" meant were suddenly up for debate. It was in that moment of personal and political sea change that Nona turned to the words of history's sexual revolutionaries-including the writing of her late mother, early radical pro-sex feminist Ellen Willis. At a time when sex has never been more accepted and feminism has never been more mainstream, Nona asked herself: What, exactly, do I want? And are my sexual and romantic desires even possible amid the horrors and bribes of patriarchy, capitalism, and white supremacy? Bad Sex places Nona's intimate history alongside her family history and other stories stretching back nearly two hundred years: those of ambivalent wives and unchill sluts, Free Lovers and radical lesbians, sensitive men and woke misogynists, women who risk everything for sex, who buy sex, reject sex, have bad sex and good sex. The result is a brave, bold, and vulnerable exploration of the enduring barriers to sexual freedom. This book lays bare the triumphs and flaws of contemporary feminism and also helps shine a light on universal questions of desire"--

World-renowned economist, Richard Wolf, explores the roots of the Great Recession and its immense impact on working people

Modern culture is obsessed with controlling women's bodies. Our societies are saturated with images of unreal, idealised female beauty whilst real female bodies and the women who inhabit them are alienated from their own personal and political potential. Under modern capitalism, women are both consumers and consumed: Meat Market offers strategies for resisting this gory cycle of consumption, exposing how the trade in female flesh extends into every part of women's political selfhood.

Pulitzer Prize-winning economics journalist Steven Pearlstein argues that our thirty year experiment in unfettered markets has undermined core values required to make capitalism and democracy work. Thirty years ago, 'greed is good' and 'maximizing shareholder value' became the new mantras woven into the fabric of our business culture, economy, and politics. Although, around the world, free market capitalism has lifted more than a billion people from poverty, in the United States most of the benefits of economic growth have been captured by the richest 10%, along with providing justification for squeezing workers, cheating customers, avoiding taxes, and leaving communities in the lurch. As a result, Americans are losing faith that a free market economy is the best system. In Can American Capitalism Survive', Pulitzer Prize-winning journalist Steven Pearlstein chronicles our descent and challenges the theories being taught in business schools and exercised in boardrooms around the country. We're missing a key tenet of Adam Smith's wealth of nations: without trust and social capital, democratic capitalism cannot survive. Further, equality of incomes and opportunity need not come at the expense of economic growth. Pearlstein lays out bold steps we can take as a country: a guaranteed minimum income paired with universal national service, tax incentives for companies to share profits with workers, ending class segregation in public education, and restoring competition to markets. He provides a path forward that will create the shared prosperity that will sustain capitalism over the long term ; Thirty years ago, 'greed is good' and 'maximizing shareholder value' became the new mantras woven into the fabric of our business culture, economy, and politics. Pearlstein argues that our thirty year experiment in unfettered markets has undermined core values required to make capitalism and democracy work. He challenges the theories being taught in business schools and in boardrooms, believing that we're missing a key tenet of Adam Smith's wealth of nations: without trust and social capital, democratic capitalism cannot survive. -- adapted from jacket

What is wrong with capitalism, and how can we change it? Capitalism has transformed the world and increased our productivity, but at the cost of enormous human suffering. Our shared values--equality and fairness, democracy and freedom, community and solidarity--can provide both the basis for a critique of capitalism and help to guide us toward a socialist and democratic society. Erik Olin Wright has distilled decades of work into this concise and tightly argued manifesto: analyzing the varieties of anticapitalism, assessing different strategic approaches, and laying the foundations for a society dedicated to human flourishing. How to Be an Anticapitalist in the Twenty-First Century is an urgent and powerful argument for socialism, and an unparalleled guide to help us get there. Another world is possible. Included is an afterword by the author's close friend and collaborator Michael Burawoy.

In the space of a year, Laurie Penny has become one of the most prominent voices of the new left. This book brings together her diverse writings, showing what it is to be young, angry, and progressive in the face of an increasingly violent and oppressive UK government. Penny Red: Notes from the New Age of Dissent collects Penny's writings on youth politics, resistance, feminism, and culture. Her journalism is a unique blend of persuasive analysis, captivating interviews, and first-hand accounts of political direct action. She was involved in all the key protests of 2010/2011, including the anti-fees demos in 2010, and the anti-cuts protests of spring 2011, often tweeting live from the scene of kettles and baton charges. An introduction, conclusion, and extensive footnotes allow Penny to connect all the strands of her work, showing the links between political activism and wider social and cultural issues. This book is essential for understanding what motivates the new generation of activists, writers and thinkers that bring creativity, energy and urgency to the fight against capitalism and exploitation.

"Whether we start from the pandemic, climate change, the inequality engendered by capitalism, the violence of racism and sexism, or any of a number of global crises, it is apparent that we are far from any idea of a common world, a world that is a site of belonging. Such a world would require a fundamental transformation of how we understand value--that everyone's life has value beyond market value and that the world is structured to facilitate everyone's flourishing. Such a world requires, too, the upending and reorientation of everyone's epistemic field, one's very sense of the limit and structure of the world, in order to apprehend the worlds of others and to find connection. Judith Butler draws, surprisingly, on Wittgenstein's sense that the world can be revealed as different than it was-precisely what the pandemic brought about. But what kind of world is it? Phenomenologist Max Scheler would say that it is a world that exhibits itself through its very breath as tragic. And how are we to live in this world? Critically, it must be inhabitable, and here is found the limit of personal freedom, which carried to its extreme makes the world unlivable both for others and for oneself. The world must also be tangible. As Merleau-Ponty describes it, touch is a characteristic of the world rather than a power that we have. We are bodies within a field of interrelated bodies--which has ethical and political consequences, moving beyond an ontology of individuals to an ontology of the world around us. We are asked to accept a vision of an interconnected world in which our breath is shared with others. Can we reimagine what we mean by social equality and inequality in the context of bodily interdependency? We have seen how the natural world begins to restore itself during the restrictions implemented during the pandemic; we have also seen the differential health results due to environmental racism. Together, they suggest that we have an obligation to reorder the world on principles of radical equality. Finally, an inhabitable world is a world where everyone desires to live. To want to live in such a world is to take up the struggle against the conditions that make it impossible for so many. "None of us can accept a world in which some people are protected while others are not," as WHO director Tedros Adhanom Ghebreyesus puts it. Intersubjectivity enmeshes us in the power relations of race, gender, class, and sexuality as they are reproduced, naturalized, and contested in bodies within the complementary crises of pandemic, climate, and systemic racism and sexism. Ultimately, what movements like Black Lives Matter and Ni Una Menos stand for is that all lives are worthy of care and all lives are equally grievable"--

Today's antisemitism is difficult to recognize because it does not come dressed in a Nazi uniform and it does not openly proclaim its hatred or fear of Jews. This book looks at the kind of antisemitism which is tolerated or which goes unacknowledged in apparently democratic spaces: trade unions, churches, left-wing and liberal politics, social gatherings of the chattering classes and the seminars and journals of radical intellectuals. It analyses how criticism of Israel can mushroom into antisemitism and it looks at struggles over how antisemitism is defined. It focuses on ways in which those who raise the issue of antisemitism are often accused of doing so in bad faith in an attempt to silence or smear. Hostility to Israel has become a signifier of identity, connected to opposition to imperialism, neo-liberalism and global capitalism; the 'community of the good' takes on toxic ways of imagining most living Jewish people.

"Over the past two centuries or so, capitalism has undergone profound changes--economic cycles that veer from boom to bust--from which it has always emerged transformed and strengthened. Surveying this turbulent history, Paul Mason's Postcapitalism argues that we are on the brink of a change so big and so profound that this time capitalism itself, the immensely complex system within which entire societies function, will mutate into something wholly new. At the heart of this change is information technology, a revolution that is driven by capitalism but, with its tendency to push the value of much of what we make toward zero, has the potential to destroy an economy based on markets, wages, and private ownership. Almost unnoticed, in the niches and hollows of the market system, swaths of economic life are beginning to move to a different rhythm. Vast numbers of people are changing how they behave and live, in ways contrary to the current system of state-backed corporate capitalism. And as the terrain changes, new paths open. In this bold and prophetic book, Mason shows how, from the ashes of the crisis, we have the chance to create a more socially just and sustainable economy. Although the dangers ahead are profound, he argues that there is cause for hope. This is the first time in human history in which, equipped with an understanding of what is happening around us, we can predict and shape the future"--

Five lectures delivered at the Central European University in Budapest, Oct. 26-30, 2009, share the author's thinking on international finance, capitalism, and politics and ethics.

The polar ice caps are melting, hurricanes and droughts ravish the planet, and the earth's population is threatened by catastrophic climate change. Millions of American jobs have been sent overseas and aren't coming back. Young African-American men make up the majority of America's prison population. Half of the American population are poor or near poor, living precariously on the brink, while the top one percent own as much as the bottom eighty. Government police-state spying on its citizens is pervasive. Consequently, as former President Jimmy Carter has said, "we have no functioning democracy." Imagine: Living In a Socialist U.S.A., edited by Francis Goldin, Debby Smith, and Michael Steven Smith, is at once an indictment of American capitalism as the root cause of our spreading dystopia and a cri de coeur for what life could be like in the United States if we had economic as well as a real political democracy. This anthology features essays by revolutionary thinkers, activists, and artists—including Academy Award-winning filmmaker Michael Moore, civil rights activist Angela Davis, incarcerated journalist Mumia Abu Jamal, and economist Rick Wolff— addressing various aspects of a new society and, crucially, how to get from where we are now to where we want to be, living in a society that is truly fair and just.

"Meltdown is the gripping account of the financial collapse that destroyed the West's investment banks, brought the global economy to its knees, and undermined three decades of neoliberal orthodoxy. Covering the development of the crisis from the economic front line, BBC Newsnight journalist Paul Mason explores the roots of the US and UK's financial hubris, documenting the real-world causes and consequences from the Ford factory, to Wall Street, to the City of London. In this fully updated new edition, he recounts how the credit crunch became a full-blown financial crisis, and explores its impact on capitalist ideology and politics in our new age of austerity."--P. [4] of cover.

In Third Wave Capitalism, John Ehrenreich documents the emergence of a new stage in the history of American capitalism. Just as the industrial capitalism of the nineteenth century gave way to corporate capitalism in the twentieth, recent decades have witnessed corporate capitalism evolving into a new phase, which Ehrenreich calls "Third Wave Capitalism." Third Wave Capitalism is marked by apparent contradictions: Rapid growth in productivity and lagging wages; fabulous wealth for the 1 percent and the persistence of high levels of poverty; increases in the standard of living and increases in mental illness, personal misery, and political rage; the apotheosis of the individual and the deterioration of democracy; increases in life expectancy and out-of-control medical costs; an African American president and the incarceration of a large percentage of the black population. Ehrenreich asserts that these phenomena are evidence that a virulent, individualist, winner-take-all ideology and a virtual fusion of government and business have subverted the American dream. Greed and economic inequality reinforce the sense that each of us is "on our own." The result is widespread lack of faith in collective responses to our common problems. The collapse of any organized opposition to business demands makes political solutions ever more difficult to imagine. Ehrenreich traces the impact of these changes on American health care, school reform, income distribution, racial inequities, and personal emotional distress. Not simply a lament, Ehrenreich's book seeks clues for breaking out of our current stalemate and proposes a strategy to create a new narrative in which change becomes possible.--Book flap

This book analyzes the European Great Recession of 2008-12, its economic and social causes, its historical roots, and the policies adopted by the European Union to find a way out of it. It contains explicit debates with several economists and analysts on some of the most controversial questions about the causes of the crisis and the policies applied by the European Union. It presents the cases of Iceland, Greece, and Ireland, the countries that first declined into crisis in Europe, each of them in a different way. Iceland is a case study for reckless banking practices, Greece of reckless public spending, and Ireland of reckless household indebtedness. At least seven other countries, mostly from the peripheries of Europe, had similarly reckless banking and spending practices. In the center of the book are the economic and social causes of the crisis. Contemporary advanced capitalism became financialized, de-industrialized and globalized and got rid of the "straitjacket" of regulations. Solid banking was replaced by high-risk, "casino-type" activity. The European common currency also had a structural problem - monetary unification without a federal state and fiscal unification. The other side of the same coin is European hyper-consumerism. A new lifestyle emerged during two super-prosperous periods in the 1950s to 1960s, and during the 1990s to 2006. Trying to find an exit policy, the European Union turned to strict austerity measures to curb the budget deficit and indebtedness. This book critically analyzes the debate around austerity policy. The creation of important supranational institutions, and of a financial supervisory authority and stability mechanisms, strengthens integration. The correction of the euro's structural mistake by creating a quasi-fiscal unification is even more important. The introduction of mandatory fiscal rules and their supervision promises a long-term solution for a well-functioning common currency. These measures, meanwhile, create a two-tier European Union with a fast-track core. This book suggests that the European Union will emerge stronger from the crisis. This book will be of particular interest to students and researchers of economics, history, political science and international finance, but will also prove profitable reading for practitioners and the interested public. Book jacket.

Alexei Sayle reveals his true vocation: proprietor of an imaginary sandwich shop. Blending politics, comedy, philosophy and memoir, this is the Godfather of Alternative Comedy at his most anarchic and irresistibly entertaining Alexei Sayle has been telling people he runs a sandwich bar on Gray's Inn Road that doesn't exist since the mid-1970s. From behind this imaginary counter Alexei dispenses wisdom and focaccia to his famous customers as he explores his love of pretending, reveals why he disappeared from our TV screens in the 1990's, lobbies for eleven-hour long episodes of Newsnight and discusses rampant nepotism in coveted careers. And from drawing striking comparisons between capitalism and all-you-can-eat buffets to discussing the hidden depths of Taylor Swift, this flight of fancy packs a surprising punch and will leave you hungry for more.

"Today we hear much talk of crisis and comparisons are often made with the Great Depression of the 1930s, but there is a crucial difference that sets our current malaise apart from the 1930s: today we no longer trust in the capacity of the state to resolve the crisis and to chart a new way forward. In our increasingly globalized world, states have been stripped of much of their power to shape the course of events. Many of our problems are globally produced but the volume of power at the disposal of individual nation-states is simply not sufficient to cope with the problems they face. This divorce between power and politics produces a new kind of paralysis. It undermines the political agency that is needed to tackle the crisis and it saps citizens' belief that governments can deliver on their promises. The impotence of governments goes hand in hand with the growing cynicism and distrust of citizens. Hence the current crisis is at once a crisis of agency, a crisis of representative democracy and a crisis of the sovereignty of the state. In this book Zygmunt Bauman and Carlo Bordoni explore the social and political dimensions of the current malaise. While this problems have been greatly exacerbated by the turmoil following the financial collapse of 2007-8, Bauman and Bordoni argue that the crisis facing Western societies is rooted in a much more profound series of transformations that stretch back further in time and are producing long-lasting effects. This highly original analysis of our current predicament by two of the world's leading social thinkers will be of interest to a wide readership."--Page 4 of cover.