Against the Grain

Against the Grain: Immanuel Wallerstein on the structural constraints faced by Obama. – November 12, 2008

Immanuel Wallerstein comments on the structural constraints faced by Obama, and asserts that we're in a depression, not a mere recession. Ismael Hossein-Zadeh enumerates several major flaws in what he calls the Wall Street bailout scam.

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