An interesting book that discusses the plight of the working class is Fred Goldstein's Low-Wage Capitalism: What the new globalized, high-tech imperialism means for the class struggle in the U.S.
Low-Wage Capitalism is based on Marxist concepts to show how the global restructuring of capitalism is providing a basis for social upheaval among the U.S. working class.
Fred Goldstein argues that modern technology allows transnational corporations to put workers who reside in rich countries in competition with workers in poor, low-wage countries. Furthermore, low-wage immigrants in the U.S. are exploited and are forced to accept low wages and unfavorable working conditions. As a result, workers in the U.S. have no choice but to accept low wages and reduced benefits. Low-wage workers in the U.S. are faced with layoffs and have resorted to borrowing just to make ends meet.
According to Fred Goldstein, the current struggle of low-wage workers is the foundation for social upheaval.
Author Fred Goldstein, who bases his writing on the principles of Karl Marx, is a contributing editor to Workers World.
Low-Wage Capitalism is available through Leftbooks. Leftbooks promotes political involvement through progressive and alternative materials. All of Leftbooks' proceeds are used to fight against war, racism, and injustice. In April 2010, Leftbooks was one of many fascinating participants at the Los Angeles Times Festival of Books.
Low-Wage Capitalism is also available at Los Angeles area Barnes and Noble and Borders bookstores. It can be ordered through Amazon.com.
Comments
Thank you. Laura for making a left-hand turn. While Obama acolytes fret over the endangered middle class, Mr. Goldstein reminds all of us of the enormous disparities in wages and income in the United States, a national disgrace.
Millions for endless war, crumbs for the poor.
Excellent article about an interesting book written by a fascinating and unique author.
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