Democracy at Work — Can Capitalism Be Fixed? | Crisis in Perception

In this episode of Crisis in Perception, we examine Democracy at Work: A Cure for Capitalism by Richard Wolff.This book offers a systemic critique of capitalism, focusing on its recurring crises, growing inequality, and political instability. Wolff argues that neither free-market capitalism nor state-controlled socialism adequately address these failures.Key themes include:Why capitalism repeatedly produces economic crisesHow political responses often protect elites rather than workersThe limits of reform through regulation and welfare aloneThe historical contrast between New Deal and post-2007 policiesWorker Self-Directed Enterprises (WSDEs) as an alternative modelRather than debating capitalism versus socialism in abstract terms, this Deep Dive explores how workplace power itself shapes democracy, inequality, and economic outcomes.▶ MINI EXPLAINER VERSION👉 https://youtu.be/RpgX9EWbRf4