Rising inequality of income and power, along with recent convulsions in the finance sector, have made the search for alternatives to unbridled capitalism more urgent than ever. Yet few are attempting this task-most analysts argue that any attempt to rethink our social and economic relations is utopian. Erik Olin Wright's major new work is a comprehensive assault on the quietism of contemporary social theory. A systematic reconstruction of the core values and feasible goals for Left theorists and political actors, Envisioning Real Utopias lays the foundations for a set of concrete, emancipatory alternatives to the capitalist system. Characteristically rigorous and engaging, this will become a landmark of social thought for the twenty-first century.

What is wrong with capitalism, and how can we change it? Capitalism has transformed the world and increased our productivity, but at the cost of enormous human suffering. Our shared values—equality and fairness, democracy and freedom, community and solidarity—can provide both the basis for a critique of capitalism and help to guide us toward a socialist and democratic society. Erik Olin Wright has distilled decades of work into this concise and tightly argued manifesto: analyzing the varieties of anticapitalism, assessing different strategic approaches, and laying the foundations for a society dedicated to human flourishing. How to Be an Anticapitalist in the Twenty-First Century is an urgent and powerful argument for socialism, and an unparalleled guide to help us get there. Another world is possible. Included is an afterword by the author’s close friend and collaborator Michael Burawoy.

Reconstructing Marxism explores fundamental questions about the structure of Marxist theory and its prospects for the future. The authors maintain that the disintegration of the old theoretical unity of classical Marxism is in part responsible for what is commonly called the "crisis of Marxism." Only a reconstructed Marxism can come to terms with this disintegration. Addressing a range of problems in historical materialism and class analysis, the authors compare historical materialism with Darwinian evolutionary theory, and identify what is distinctively "historical" in Marx's theory of history. Through an evaluation of G.A. Cohen's defense and Anthony Giddens's critique of historical materialism they suggest what a plausible, yet still Marxist. theory of history might be. They analyze the relationship of microanalysis to macro theory and the assignment of causal primacy in explanations, and present a general assessment of the current state of Marxist theory and the prospects for its analytical reconstruction. Distinguished by the clarity of its presentation, the analytical rigour of its argument and its concern with fundamental philosophical and sociological issues, Reconstructing Marxism advances, at this critical juncture in the history of Marxism, a challenging new research programme.

"Erik Olin Wright's Classes was hailed on publication, by the American Journal of Sociology, as 'almost certain to be the most important book on social classes' of the decade. The Debate on Classes brings together major critics of Wright's work to assess the adequacy of his theory. Also included are Wright's own spirited responses and reformulations in the light of these criticisms, thereby presenting the reader with an open, scholarly discussion in which intellectual collaboration develops an understanding of the impact of class on the wider terrain of culture and politics.".

Leading sociologist examines how different readings of class enrich our understanding of capitalism Few ideas are more contested today than “class.” Some have declared its death, while others insist on its centrality to contemporary capitalism. It is said its relevance is limited to explaining individuals’ economic conditions and opportunities, while at the same time argued that it is a structural feature of macro-power relations. In Understanding Class, leading left sociologist Erik Olin Wright interrogates the divergent meanings of this fundamental concept in order to develop a more integrated framework of class analysis. Beginning with the treatment of class in Marx and Weber, proceeding through the writings of Charles Tilly, Thomas Piketty, Guy Standing, and others, and finally examining how class struggle and class compromise play out in contemporary society, Understanding Class provides a compelling view of how to think about the complexity of class in the world today.

One of the major works of the new American Marxism, Wright's book draws a challenging new class map of the United States and other, comparable, advanced capitalist countries today. It also discusses the various classical theories of economic crisis in the West and their relevance to the current recession, and contrasts the way in which the major political problem of bureaucracy was confronted by two great antagonists - Weber and Lenin. A concluding essay brings together the practical lessons of these theoretical analyses, in an examination of the problems of left governments coming to power in capitalist states.

What would a viable free and democratic society look like? Poverty, exploitation, instability, hierarchy, subordination, environmental exhaustion, radical inequalities of wealth and power—it is not difficult to list capitalism’s myriad injustices. But is there a preferable and workable alternative? Alternatives to Capitalism: Proposals for a Democratic Economy presents a debate between two such possibilities: Robin Hahnel’s “participatory economics” and Erik Olin Wright’s “real utopian” socialism. It is a detailed and rewarding discussion that illuminates a range of issues and dilemmas of crucial importance to any serious effort to build a better world.