DSA Holds Convention in Washington

DSA at Occupy Wall Street

Democratic Socialists (DSA)  Hold Convention in Washington-

Responding to the Economic Crisis: Beyond the Washington Consensus.

“Occupy Wall Street and the Struggle for a Democratic Society-“

A plenary session at 1:30 PM  on Friday  will kick off  national convention of DSA, the Democratic Socialists of America to be held from on Nov. 11 through Nov. 13 at the Sheraton Premiere at Tysons Corner located at 8661 Leesburg Pike, Vienna, VA.

DSA, the  U.S. affiliate of the Socialist International, is the largest socialist political organization in the country with over 7000 members and active locals in more 40 U.S. cities and college campuses. DSA members reside in all 50 states.  Continue reading

G20: Casino Capitalism as Usual

by Mark Engler

Mark Engler

Mark Engler

Last week’s Group of 20 (G20) meeting in Pittsburgh brought together leaders from the most significant players in the global economy and charged them with renovating the financial system at the heart of the economic crisis. Change was on the agenda, and the heads of state claimed to deliver. As the summit concluded, The New York Times hailed the meeting’s final statement as a momentous shift, reporting that “Leaders of G20 Vow to Reshape Global Economy.”

Unfortunately, the changes left off the table at the summit were far more significant than the modest reforms actually debated, and the few alterations that did make it into the final agreement are likely to be further watered down in implementation. Even the most common-sense reforms are being met with determined corporate opposition. Indeed, given the depths of the collapse one year ago and the volume of public outcry for change, the real surprise is how little transformation has yet taken place.

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Why aren’t all countries rich?

by Robert Sauté

A Review of

Amsden, Alice H. 2007. Escape From Empire: The Developing World’s Journey Through Heaven and Hell. Cambridge, MA: The MIT Press. 210 pages. Cloth. $27.50

Chang, Ha-Joon. 2008. Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism. New York: Bloomsbury Press. 288 pages. Cloth. $26.95

Amsden and Chang demonstrate that poor countries can develop, even against the interests of powerful empires. To pull themselves out of poverty, they had to buck the Washington Consensus and reject free trade until they could compete with world’s most productive enterprises. They had to ignore what the powerful nations said and, instead, imitate what they did.

The authors have offered a powerful counter narrative to that touted by the epigones of free trade, and provide useful intellectual tools for those seeking global economic justice.
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