The Inherent Structural Flaw of Capitalism

Tom Wetzel's forthcoming book Overcoming Capitalism: Strategy for the Working Class in the 21st Century (AK Press) is both a primer on the basic left critiques of capitalism and a handbook for creating a new economic system. Wetzel explains in clear, accessible language why exploitation, waste, and environmental destruction are built into the capitalist model and then explores possible alternative economic structures and shows how we might get there. He probes important questions like "What is the role of electoral politics?" "What kinds of unions do we need?" and "What cautions does the history of Marxism-Leninism offer us?" 

In the best libertarian socialist tradition, Wetzel is a critic not only of domination and hierarchy in the contemporary capitalist economy, but of attempts to bring about socialism through authoritarian institutions. He explains the importance of democracy and why it must guide everything we do. Overcoming Capitalism is an important contribution to the literature of the left, the product of over a decade of research and writing, and today Tom Wetzel joins us to explain the basics of his ideas.