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[inaudible conversations] i think well get started. I want to thank julia before i introduce her for allowing me to say a few words. Welcome to the new school. Welcome to one of the featured events of the center for capitalism studies. For a couple years if taught a course another Eugene Lang College on understanding global capitalism, and the first day we would come in and everyone had to look at the tag of the shirt to the person to their left and tell us what country that shirt was made in. So that whats first thing we did in understanding global capitalism and we would write the names of the countries on the board, and i it was invariably 25 countries. Actually remarkable in the post multifiber arrangement era that the production is still quite diversified but 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 in fashion design, the relation between trade and

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