What they're saying about low-wage capitalism

"160 years after the publication of the Communist Manifesto, Fred Goldstein takes on the challenge of applying Marxist political economy to the burgeoning crisis of capitalist globalization in the 21st century. Not only does he provide a concise analysis of the recent period, but the author is bold enough to advance what could very well be the outlines of a fight back program for workers and the oppressed that will guarantee a socialist future."

- Abayomi Azikiwe, Editor
Pan-African News Wire
Contributing Editor for Workers World


“From the point of view of Filipino workers in the United States, the largest exploited and abused Filipino workforce outside the Philippines, with over 4 million in the country, we are pleased with the expose of imperialist globalization as the main culprit of global forced migration. The Philippines remains a semi-feudal and semi-colonial country, a result of centuries of colonial plunder by Western powers and their cultivation of local reactionary puppets to the dictates of imperialist globalization. Only by understanding capitalism and monopoly capitalism can we understand the root causes of global poverty and migration.”

- Berna Ellorin, Secretary-General, BAYAN USA



“This book helps us to understand the root of the present neoliberal globalization - a new stage of the international capitalist crisis - especially right after two very important events in the late twentieth century: the scientific-technological revolution in production, communications, and transportation, and the demise of the Soviet Union and Eastern Europe - to which can be added the energy, environment and food crisis with great detrimental repercussions for workers.

“Neoliberal globalization which was imposed by U.S. imperialism devastated and dominated Latin American economies forcing millions of workers to emigrate to the U.S. looking for jobs. They found exploitation and humiliation. “

- Ignacio Meneses
Co-Chair, US-Cuba Labor Exchange



"We need to get this book into the hands of every worker. It clearly explains the capitalist economic threat to our jobs, our pensions and our homes. But, even more importantly, it shows us how we can fight back and win!"

- David Sole, President UAW Local 2334, Detroit, Michigan

Buy it today at Leftbooks!

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Jan 6, 2008