I am enjoying the discussion on this topic because a) the issue is absolutely central to the future of left politics and progressive economics, and b) because Cockshott and Selden have made a fine start in formulating the issues. Are people acquainted with a recent book by J. Brecher and T. Costello, GLOBAL VILLAGE OR GLOBAL PILLAGE: ECONOMIC RECONSTRUCTION FROM THE BOTTOM UP <South End Press, 1994>? The authors have an interesting piece based on their book in The Nation, 19 December, 1994, called "The Lilliput Strategy: Taking on the Multinationals". I found it suggestive. With respect to the question raised by Mark Selden about "the periphery": there's a couple of short books out recently which critique the role of the international financial institutions: W. Bello et al, DARK VICTORY: THE UNITED STATES, STRUCTURAL ADJUSTMENT, AND GLOBAL POVERTY <Food First, 1994>, and K. Danaher <ed.>, 50 YEARS IS ENOUGH: THE CASE AGAINST THE WORLD BANK AND THE INTERNATIONAL MONETARY FUND <South End Press, 1994>. Peter Burns SJ