Meltdown And Recovery In Detroit

Meltdown And Recovery In Detroit

The Nation Magazine and The Institute for Policy Studies Invite You To  A Discussion of
The Economic Collapse and a People’s Plan for Recovery

May 23, 2009, 5pm to 7pm
Moderated by John Nichols of The Nation Magazine

Cobo Hall 1 Washington Blvd.

America’s economy is in meltdown. The banking system has crashed, millions are losing their homes to foreclosure, and unemployment is skyrocketing. As fears abound that a second Great Depression may be upon us, the crisis is clear—but what is the solution?

Join Congressman John Conyers, bestselling author and Nation contributor Barbara Ehrenreich, Detroit City Councilmember Joann Watson, noted economist and Nation contributor Robert Pollin, long-time Detroit organizer and community leader Elena Herrada, and documentarian and activist Michael Moore* (invited) in a wide-ranging town hall conversation about what caused the economic collapse and how we can find a path to recovery for Detroit and for the country. .

The event marks the publication of Meltdown: How Greed and Corruption Shattered Our Financial System and How We Can Recover (Nation Books) by Katrina vanden Heuvel and the editors of The Nation.

The event will also preview national and local organizing efforts leading up to the 2010 United States Social Forum (USSF), to be held in Detroit. The USSF will provide space to build relationships, learn from each other’s experiences, share analysis of the problems our communities face, and bring renewed insight and inspiration. It will help develop leadership and develop consciousness, vision, and strategy needed to realize another world.

Barbara Ehrenreich joined a discussion on the relevance of socialism to the current economic crisis at the Meltdown Forum hosted by The Nation magazine and The Nation Institute March 6.  Ehrenreich attributed a blind faith in the invisible hand of the market with creating an inequitable and unsustainable economic system. Beyond giving up this faith and moving forward, Ehrenreich urged rethinking means of production and assessing our way of life as necessary steps in creating a different future.

Audience questions will be taken, and a book-signing will follow the conversation.

Cosponsors of the discussion include: Michigan Coalition on Human Rights; Michigan Welfare Rights Organization, St Peter’s Episcopal Church, Central United Methodist Church, Centro Obrero and The City Council of Detroit.