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Globalization and Black America
Flat Broke

The global financial crisis has focused attention on the power of unfettered free markets. But for decades now, that power has dealt a bad hand to those on the losing end of the global economy.

From the world’s poorest countries to its richest, whole populations have been battered as once secure jobs disappeared, and with them economic mobility.

Jon Jeter, former Washington Post bureau chief in southern Africa and South America, has seen globalization’s impact on the third world. And as an African-American man he’s seen the same forces undoing progress in black America.

This hour, On Point: what globalization has wrought, from South Africa to Chicago’s South Side.

You can join the conversation. Tell us what you think — here on this page, on Twitter, and on Facebook.

-Jack Beatty, guest host

Guests:

Jon Jeter joins us from New York. He was The Washington Post’s bureau chief for southern Africa from 1999 to 2003, and the Post’s bureau chief for South America from 2003 to 2004. He was twice a finalist for the Pulitzer Prize. His new book is “Flat Broke in the Free Market.” In a blog post at powells.com, Jeter describes what led him to write the book.

Joining us from Washington is Arvind Panagariya, professor of economics at Columbia University and senior fellow at the Brookings Institution. He has worked at the World Bank, International Monetary Fund and World Trade Organization. He is author of “India: The Emerging Giant.”

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Apr 24, 2015
The Rev. Jamal Bryant leads a rally outside of the Baltimore Police Department's Western District police station during a march and vigil for Freddie Gray, Tuesday, April 21, 2015, in Baltimore. (AP)

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Dick West (Dr. Walter Richard West, Wah-pah-nah-yah or Wapah Nahya, Light Foot Runner), 1912−1996, Southern Cheyenne, Oklahoma. Cheyenne Sun Dance—The Third Day, 1949. Paper, casein, 24 5/8 x 35 1/8 inches. © 2013 Philbrook Museum of Art, Inc., Museum purchase, 1949.20, Photo: John Lamberton.

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Apr 24, 2015
Dick West (Dr. Walter Richard West, Wah-pah-nah-yah or Wapah Nahya, Light Foot Runner), 1912−1996, Southern Cheyenne, Oklahoma. Cheyenne Sun Dance—The Third Day, 1949. Paper, casein, 24 5/8 x 35 1/8 inches. © 2013 Philbrook Museum of Art, Inc., Museum purchase, 1949.20, Photo: John Lamberton.

Artists of earth and sky. Rawhide, bear claw, eagle feathers and the glory of America’s Plans Indians, on display at the Metropolitan Museum of Art.

 
Apr 24, 2015
The Rev. Jamal Bryant leads a rally outside of the Baltimore Police Department's Western District police station during a march and vigil for Freddie Gray, Tuesday, April 21, 2015, in Baltimore. (AP)

Loretta Lynch gets a vote. Race and anger in Baltimore. Migrant crisis in the Mediterranean. Petraeus, sentenced. Our weekly news roundtable goes behind the headlines.

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