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What is clear to me in this current moment of capitalist crisis and the demand for its alternative is this: African peoples throughout Africa and the diaspora – the United States, Brazil, the Caribbean, Europe – are at the center of dispossession: social, economic, political, and environmental.

This article is an analysis of the Black liberation struggle in the context of current capitalist crisis. The past forty-plus years since 1968 is the periodization embodied in this framework. The analysis is partially a rumination on the current state of Black America and the Black liberation struggle. Some discussion of an emergent black left and the United States Social Forum as a process for social transformation is considered. It is, as well, a look into Black feminist interventions in the Black freedom struggle. Core here is the feminist demand to center race, class, gender in intersectionality. Finally, some thought is given to the interplay and complexities surrounding class and the Black right in the US with implications for the current period.

Despite changes over the past 70 yr, the U.S. federal financial regulatory system remains rooted in the reforms of the 1930s. The institutions governed by this system have, nevertheless, continued to evolve. Today, regulation of large, multiproduct, internationally active financial organizations poses challenges for a system designed largely to regulate smaller, distinct, locally based organizations. Reform of the regulatory system, however, is not an easy task—complex issues regarding deposit insurance, the role of the central bank, and the dual banking system must be addressed. In the absence of a crisis, however, regulatory restructuring will not likely generate much political interest. (JEL G28)