Neo-liberalism has been discredited by the current economic crisis. What will replace it? Walden Bello argues that it will be "Global Social Democracy" -- in some ways better than the failed ideas that got us into this mess, but it's still as undemocratic as capitalism has always been. Bill Resnick reads from Bello's essay, which you can find on line here.
Hosts Cecil and Celeste speak with Kathy Kelly, co-coordinator of Voices for Creative Nonviolence. The group is organizing with other secular and faith-based groups "Camp Hope: Countdown to Change" in Chicago, four blocks from Obama's residence there. The camp begins on New Year's Day and continues to Dr. Martin Luther King Day. Kelly says "Large lobbying groups, including some of the large corporations, are pushing Obama around the clock to preserve the status quo, wage war and provide for unbridled greed. What we're asking is that the money spent on the military be spent instead on soluble problems such as lack of healthcare."