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[inaudible conversations] i think we will get started. I want to thank julia ott before introducer for allowing me to say a few words. Welcome the new school. Welcome to one of the featured events of the Harvard Center for capitalism studies. For a couple of years i taught a course at eugene college, our undergraduate division, on understanding Global Capitalism. The first day we become in and everyone had to look at the tag of the shirt to the person, shirt of the person to their loved and tell us what country that shirt was made in. So that was the first thing we did in understanding Global Capitalism. We would write the names of the countries on the board. And it was invariably 25 countries. Actually remarkable that the production still quite diversified. What we learned by looking at cotton shirts in that case was about globalization of production. We learned about the modern structure of the modern corporation, about branding, fashion design, about the relationship between trade a

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