![]() Indeed, in 1993 he was at the factory gates at Siemens in Rostock for the first major strike in post-Cold War eastern Germany. Was this the beginning of the end for the widely admired German model? Lowell Turner has extensively researched the German transformation in the 1990s. Economic crisis in the East-industrial collapse, massive layoffs, a demoralized workforce-triggered gloomy predictions. This economic miracle incorporated a well-functioning political democracy, expanded to include a social partnership system of economic representation. ✏Democracy at Work Book Summary : West Germany from 1949 to 1990 was a story of virtually unparalleled political and economic success. He hosts the weekly hour-long radio program Economic Update on WBAI (Pacifica Radio) and writes regularly for The Guardian,, and the MRZine. Wolff is the author of many books, including Capitalism Hits the Fan: The Global Economic Meltdown and What to Do About It. He is currently a visiting professor at the New School University in New York. Wolff is professor of Economics emeritus at the University of Massachusetts, Amherst. Wolff lays out a hopeful and concrete vision of how to make that possible, addressing the many people who have concluded economic inequality and politics as usual can no longer be tolerated and are looking for a concrete program of action. ![]() The solution requires the institution of genuine economic democracy, starting with workers managing their own workplaces, as the basis for a genuine political democracy. ![]() One key cause for this intolerable state of affairs is the lack of genuine democracy in our economy as well as in our politics. Whether it is secure, well-paid, and meaningful jobs or a sustainable relationship with the natural environment that we depend on, our society is not delivering the results people need and deserve. A very valuable contribution in troubled times.”-Noam Chomsky 'Probably America's most prominent Marxist economist.'-The New York Times Capitalism as a system has spawned deepening economic crisis alongside its bought-and-paid-for political establishment. Richard Wolff’s constructive and innovative ideas suggest new and promising foundations for much more authentic democracy and sustainable and equitable development, ideas that can be implemented directly and carried forward. ✏Democracy at Work Book Summary : “Ideas of economic democracy are very much in the air, as they should be, with increasing urgency in the midst of today’s serious crises. ![]()
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