This article begins with the observation that a restructuring of social relations basic to capitalism is necessary to end the nation's economic crisis. It argues that free market solutions to the crisis have proven their bankruptcy, making it likely that capital will eventually pursue statesupported strategies of "reindustrialization." The article focuses on the ways in which the contradictions in capital's strategical shift can be exploited by labor and'the Left. It argues for a socialist strategy based on an expanded public sector work force and a reformed trade union movement.
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