Capitalism's Crisis Deepens

Capitalism's Crisis Deepens

Essays on the Global Economic Meltdown

In Capitalism's Crisis Deepens Richard D. Wolff argues that the 2008 collapse was not a one-off calamity but a widening, systemic crisis rooted in capitalism's internal contradictions; combining clear historical perspective with contemporary data, Wolff examines stagnating demand, rising inequality, financialization, and political instability to show how recurring downturns and social unrest follow from class-based structures and failed institutions, and he urges bold responses from democratizing workplaces to grassroots movements and new public policies aimed at economic justice rather than tinkering at the margins.