Dear readers, I have one remarkable quote for you and then two acts of shameless Chicago-area self-promotion.
Here is the quote: "The world is not ending. Despite the wrenching turmoil in global financial networks and morbid allusions to the death throes of capitalism, it ain’t over. Not until people quit believing in themselves, not until people quit believing in a better future."
— Judy Shelton, bourgeois economist, "Loose Money and the Roots of the Crisis," Wall Street Journal, September 30, 2008, p. A19.
Nice. Shelton has the unmitigated capitalist madness to identify belief "in a better future" and people "believing in themselves" with the continuing life of the cancerous profits system – that wonderful socioeconmic regime that gives 40 percent of the United States’wealth to the top 1 percent; that consigns of millions of Americans to mindless underpaid and endless toil; that produces tens of millions of poor Americans; that shreds livable ecology; that theatens untold masses with the prospect of foreclosure, eviction, bankruptcy, and expropriation; and that….[fill in the blank...the list of outrages is endless...].
My world view is precisely the opposite. It says that we will act on our faith in a better future when we rise up to destroy and supplant the bourgeois system — the real disease beneath the current financial symptoms. But Ms. Shelton and I agree on one thing: "it ain’t over."‘ Capitalism is constant crisis for almost everyone beneath the privileged classes but there is no "crisis of capitalism" until there exists an anti-capitalist Left ready, willing, and able to transcend pre-history and replace capitalism with a truly democratic, participatory, sustainable, and decent social order. The construction of such a Left would seem to me to be the most urgent task around in coming months and years.
Self-promotion # 1 – I am speaking tomorrow at the DePaul Campus on the North Side of Chicago:
The Black Metropolis in the Age of Globalization
Wednesday, October 8, 2008
"Racist Chicago, Global Chicago: Race, Place, and History in the Post-Civil Rights Era"
Lecture & Discussion and Book Signing
Paul Street, Ph.D.
Independent Scholar and Author
3:30 – 5:30p.m.
Richardson Library, Rosati Room 300
2350 N. Kenmore Ave.
Self-promotion #2 - I will be on Chicago Cable Access Television (talking about the Obama phenomenon) on the following dates and times:
Saturday, October 11th, 9:00 PM,
Tuesday, October 14th, 8:00 AM,
Thursday, October 16th, 12:30 PM, Channel 21
Sunday, October 26th, 11:30 AM, Channel 21
Friday, October 31st, 10:00 AM, Channel 19
CAN TV brings you local, relevant issues from Chicago’s neighborhoods and communities. See what’s happening around the city in education, the arts, government, cultural events, social services and community activities.
Barack Obama and the Future of American Politics
Author Paul Street discusses his new book, Barack Obama and the Future of American Politics, which provides an analysis of Obama’s career and politics that Noam Chomsky describes as "A very welcome contribution in complex and troubled times."
Saturday, October 11 at 9:30 p.m. on CAN TV21