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Quote by Richard D. Wolff

“The system is a contradiction: the very logic imposed on the capitalist enterprise undermines the overall success of the capitalist. For Marxists, no law, rule, regulation, or behavior pattern provides an escape from this contradiction; none ever has.”

Quote by Richard D. Wolff

Work

Understanding Marxism

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Author

Richard D. Wolff
Richard D. Wolff

Richard D. Wolff is an American economist renowned for his application of Marxist economics and analysis of capitalist economic crises. His contributions to the field of economics include labor theory of value, the theory of surplus value, and theories of economic crises. Born on April 1, 1942, Wolff has served as a professor of economics at various universities. more

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