Richard D. Wolff

About the Author

Richard D. Wolff is a renowned Marxist economist and professor emeritus of economics at the University of Massachusetts Amherst, where he has taught for over three decades. A leading voice in contemporary economic theory, Wolff critiques capitalism's inherent inequalities and advocates for democratic alternatives through worker self-directed enterprises. His accessible writing bridges academic rigor with public discourse, making complex ideas approachable for a broad audience. Wolff co-founded the nonprofit Democracy at Work and hosts the popular podcast Economic Update, influencing global discussions on economic justice. With a PhD from Yale University, he continues to lecture worldwide, challenging orthodox economics and inspiring movements for social change. His seminal work, Understanding Marxism, distills the philosophy's core principles for modern readers seeking to understand and transform society.