Today’s capitalist crisis in light of Marxist theory

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Here is the third installment of excerpts from a new introduction to the ground-breaking work “High Tech, Low Pay.” The book, written by Sam Marcy during the early stages of capitalist restructuring and first published in 1986, has long been out of print and will soon be reissued. Fred Goldstein, who wrote this introduction, is author of “Low-Wage Capitalism: Colossus with Feet of Clay.” Parts one and two of the excerpts from Goldstein’s introduction can be read in the Aug. 13 and Aug. 20 issues of WW, available at www.workers.org.
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see links to part 1 and 2 at link.
http://www.workers.org/2009/us/marxist_theory_0827/