rewind on al jazeera. hello i'm maryam namazie in london our top stories this hour venezuela's president nicolas maduro has criticized his u.s. counterpart donald trump accusing him of being part of a coup d'etat in his country in a speech just a short time ago said he will close all that his violent embassies and consulates in the u.s. this comes a day after the opposition to the one declared himself the interim president and one trunk support by doe who heads the national assembly swore him self in as leader on wednesday following another day of national protests a duo insists he remains the only true president has received the backing of the military. when just three weeks one has risen from obscurity to become the self

declared interim president and john june reports on that. as soon as he was sworn in to lead venezuela's opposition controlled congress earlier this month one of why dole made his intentions clear promising to take up the battle against president nicolas maduro who is increasingly viewed both inside and outside the country as a dictator. let the mother he need not be proposed to reaffirm the illegitimacy of nicolas maduro for not holding elections on may twentieth starting january tenth he would be usurping the presidency from the republic as a result this national assembly is the only legitimate power elected by the venezuelan people should assume the representation of the people. if you've been his whalen's have even heard of an industrial engineer and former student leader before he was named president of the largely powerless national assembly and as a member of congress why go serve as the head of a commission that investigates government corruption and earned a reputation as

a consensus builder. government has already detained and put on trial dozens of political opponents and accused them of plotting against him in mid january why do was briefly detained after being released he told supporters at a rally he would not be deterred by wednesday as large anti-government protests were taking place in venezuela's capital caracas why don't you clear himself the country's interim president was wide always quick to receive support from u.s. president donald trump canada and numerous latin american countries but with a defiant maduro saying he's still the legitimate president and the economic crisis only deepening it's not clear what why those next move will be how much of doom and . and all the top stories fix to see katie has been sworn in as the democratic republic of congo's new president alpha basin disputed elections. and speaking. to the. base is the first peaceful transfer of power since independence from

belgium in one nine hundred sixty central african nations experience to me is of ten while sponsored by outgoing president joseph and his refusal to step down. to sudan now where two protesters have been killed in the country the deaths were announced just hours after security forces fired tear gas at student protesters in the capital hard to university students want president tomorrow bashir to step down protests have broken out in several sudanese cities following the call by trade unions for a mass rally they have been daily demonstrations against bush's thirty year rule since last month the government says twenty nine people have been killed in the on rest but rights groups are saying that the death toll is much higher meanwhile zimbabwe's army says soldiers accused of beatings during recent protests are impostors some some children say they were assaulted by soldiers after being arrested security forces have been cracking down on violent demonstrations that began last week after the price of fuel and doubled amasses

refused to receive a transfer of qatari funds from israel meant to fund the wages of civil servants and pay for power in gaza israel had delayed approval of the payment and hamas says the transfer has been timed to coincide with election campaigning in israel and the u.s. senate has started voting on two bills to try to end the partial government shutdown the longest in the country's history president trump triggered the shutdown with his demand for five point seven billion dollars to pay for a border war with mexico on wednesday trump was forced to postpone his annual state of the union address erupted at all of our top stories that will be more news for you later on coming up next on al-jazeera we have the program growing pains.

you're. the view growth of something positive. it's great watching our kids grow up or seeing a tree grow. it we always aware that all growth must come to an end. there's a limit nature knows no such thing as infinite growth this rule seems to apply to every kind of growth but one economic growth is somehow supposed to continue indefinitely. we believed them and now there are no limits to growth and human progress when men and women are free to follow their dreams and we were right . if that growth fades to materialize we panic but why.

does one person recognize the hundred fifty years ago growth is the fundamental principle of our economic system capitalism only works when the economy grows but calm mocks recognize something else as well it is this growth that will eventually destroy the system itself. and today every reach that point is the system about to collapse. at infinite growth actually be possible. the governments don't want us to even question the g word they don't even want to put a discussion around growth if you're looking at this from the outside it an alien arriving from outer space and you're looking at the society. you would really wonder what was going all what are they doing what what is this gross that has to appear in every political sense on some is the basis of every economics textbook what is it all about is it or is it a religion that they have is the god that they're chasing is the virus that's taken

over them. what is this visceral fear that emerges as soon as growth starts to go away. and he says of one of vox storm kindness garnished gave a whale to be defined as a dimension the labels you didn't talk back storm. fault a guy who just backs them style gets built out sucks them into finding and semen is

the audience that's us maximina what his finger was just the politics of exhausted but it went up and and because if at. the d.m.z. politique can come. on by the perfect thing. it's along his mention of the planet and keep to. the bucks to make him a huge how does fit in the back off. where does this unshakable belief in economic growth come from hasn't always been there. is a drill e part of human nature. it was raw data was under imaginative use of mass production methods but there was

a lot there was able to perform much more time marable to build more planes but all the united nations but together to turn our ships at the rate of two hundred a month jobs which carried over the years beyond might of the united states to decide the outcome of a war. the success story of economic growth began during world war two mass production of tanks and aircraft let the american economy out of crisis the output of military equipment was now calculated by a new statistical measure of gross domestic product or g.d.p. if production i.e. g.d.p. grew and so did prosperity americans believed so firmly in this new formula that they compel their allies to bring they cannot make policies in line with it from then on it wasn't people's incomes that counted it was only growth and it turned out to be such a useful measure actually for the war effort and for understanding the war effort that awful would still became the single most important policy number.

across the world it kind of symbolizes progress to us soldiers says wow things are getting bigger so they must be getting better that was the g.d.p. . in the three decades after the war the western economies grew up to eight percent and in the u.s. they called it the golden age of capitalism in france they were the thirty glorious years in germany it was the economic miracle an entire generation enjoyed material prosperity and full employment and this became engraved in the collective consciousness even though these high growth rates were only made possible by massive water destruction the believe in growth was now unstoppable. g.d.p. became the most important benchmark in history. and the economy in the grace of the economy was doing

a good job force when when we were young if you like when as an economy as a society we were young and one of the really important things to say is that there are some societies where that is still necessary where you still need that growth where you still need food clothing and shelter whether very very poor undernourished people living on less than the price of a skinny latte from the cafe downstairs and that's why that's a situation where growth makes some sense. but the idea that as human beings all we want is more more stuff doesn't really stack up so after a certain point you have to ask yourself well how much is enough how much how much more do i need to grow the economy to satisfy human appetites. the nineteen seventies so our growth rate sink for the first time due to the oil crisis and other sectors the boom was over the market set your rate its western economy stagnated millions suddenly found themselves unemployed it was uncharted

territory. for the first time the limits of course became visible economically socially and economically. we do have some understanding about groet. in one thousand nine hundred eighty two a group of scholars commissioned by the club of rome presented a report in washington and titled the limits to growth using a computer simulation research at mit had calculated for the first time what continues economic growth would do to the planet's they're finding set off alarm bells around the world when resource consumption is doubling every twenty years for the first time people were confronted with the fact they can only grow it could also have negative consequences and that the planet's natural limits would soon be reached the success story of growth was in crisis we've reached levels of prosperity which carry the seeds of disruption and necessitate

a complete relook at the whole world social political novel situation. the club of rome report sold thirty million copies and became a global sensation. and yet soon this cause themselves came under attack their calculations ready tried as irresponsible fear mongering because it's impossible to admit the end except. the success story of growth must continue. unfortunately many of us called us predictions turned out to be right and in many cases reality even surpassed the bleak predictions. as the cover for own reports was causing an international uproar the brazilian rain first in the amazon basin was doing nearly untouched the huge brazilian state of matter grosso largely populated by indigenous people consisted of forest and

seventy today not much of that is left since the mid eighty's progress aided by international investors has been eating away at the rain forest thirty five football fields of forest disappear every minute it's been the same story over and over again lumberjacks moving first. thank cattle breed s. and finally the sort of thing parents. along with a lot of. this one of one point containers is you need your nail your. aesthetician know what ought is known given we shall not approach government and. below school fairness but as you live out of being there god but on knowing that god is following the cie intone for there is the south side as i am the ia wars are the dance of the fuzzy and the keep thing there. were stamped their heads they

are. in that good as a side is blue the g. of us both them slightly and then the middle you meant them to mean that you. must or numbers the last when you see a pick your cup down must own all dog and i was. a mark of. the gap is there by god of an apostle. though the sestak lucia's ain been a fierce with who said one you've got a fish losing money. the tropical climate and then the three to four harvests pay year and with that massive profits soy and corn for export an animal feed. i mean one sixty three is the gateway to the amazon basin at both lumberjacks money and destruction into the forest. today countless trucks lined the agribusiness highway transporting

their valuable cargo to the international courts. they possum and the sea of soybean fields enormous silos and slaughter houses through one of the largest boom regions in the world growth rates of up to twenty percent business. and the savage piece is region. it was just. it's just amazing forests. thirty forty years just off colonization and it's the most important region nagra business off the country. it's the right place to make new investments to make money. for. you carol a good part you could export it to russia china and the nordic countries.

do you see any limits know the limits of the disk i have and the limits. in response to the crisis of the seventy's economic policy underwent a change of course new growth had to be followed no matter what the cost even if that meant only seeing the prime and falseness of china's capitalist. these had been contained after world war two because there were hundreds of the great depression and the war itself. monetarism was a new magic word. among them was the idea that if you put more money into the economy liquidity it was cool that additional money in the economy would help

really best that would help give a small production that would allow us to consumable goods and we would get growth back again so this little hiatus if you like in the seventy's primarily caused by the oil crisis led to a transformation in the economics of society and in particular how we think about right now we think about stimulating growth i. governments deregulated financial markets banks insurance companies and investment funds gains in influence and we're now allowed to gamble with currencies stocks even with people's retirement funds capital was that lose and the financial sector was flooded with my. divorce a pact with the devil and the beginning of a slow process of self disempowerment in exchange for growth governments relinquish

the power to financial markets but who do we mean by financial markets and capital and what does it all have to do with us. the ends group is europe's biggest insurance company and one of the biggest players in the global financial markets. it's been fun for six hundred million oil the from from four hundred million leaving so see shown at one hundred million for the software c.e.o. in the leaves to see showing leading via the four saw get wins o'quinn nine fifty one seats on my country to so first in. the us via some us period of figure one inch owing based your figure one invokes an arc to ill will finzi a party for mukesh cotton and the same box to pot it's a peon so buy spirit box in investments invest it to one in it will be here and

then in foster to investments in autobahn and would literally zero in on molly to take. the summer was more of a positive closed in in china therefore also on a show although some kind of want to both. in the developed markets in europe and us. they also know new drive us to be seen which we could never knock to a finance if i feel what's in it. is if you put sand high fashion mission via in so going to invest the high sheen visteon i sucked in him obedient it's at the law. as a given in the token fini gun openly given me a in didn't shred and then he can and then who will his facts to mean decent and none mukesh who will have to knock and i defend it and that's after his sister to

mistake nucleus is to stop it going to push it into over that i never was an invoice spent nine as ish mish to me i'd have it torn if i was to meet forced. thank you sandy six a gothic annoying sicko yahia will miss he thought he could touch up the subjects to a cold case for cough buys of think hard to see one i thought to. look for cough pun . another of millions of insured individuals is sent on its way to multiply when andre has group as a team has a rough idea to which countries and sectors the billions that flow they hire an asset manager he determines what stocks or bonds to invest and. most of our clients are institutions what they want is they want their their money invested in the capital markets. our customers expect their capital to be

returned they want their money back and they want a return on that given away and the moment there is another agenda. well why i'm commander just one point two trillion euros obvious it's and in germany we're managing four hundred ninety billion euros of a sense of. the financial markets they have a social role in distributing people's savings towards investment and that investment is usually a form of there so when you get you take out a loan for example to buy a house that line could end up in a bone and we could end up buying that phone so growth is important so that individuals and companies who borrow money in the capital markets can actually pay those lines back. off of this free trade and when he said twenty just. imagine a world with zero growth that's

a world in in which pretty much everything gets frozen if you haven't got a job in this new world with no growth bad luck. you're going to have to wait for somebody to retire before maybe you get their job . a society without growth probably won't work at all not for long it would be jerry and to collapse. without growth societies would descend into chaos according to the financial and political elite. but is that really the case isn't it rather the blind faith in growth that leads us to chaos. in the eighty's the world of finance operating from the city of london and wall street increased its influence and governments and societies and became the driving force of capitalism

today financial markets not governments determine the wellbeing of anti countries. how did it come to this how could financial markets gain such influence over our lives. one person who knows the financial world better than almost anyone this year at college for nearly thirty years he was a successful fund manager on wall street and in the city of long. known of times people much when i was a scientist and i've been offered twenty thousand pounds to go and stone wall street in one thousand eight. and i was one of the worst i was the beginning. and we went into the new era of reagan thatcher and liberal trade the so-called big bang in the city was all about financial deregulation let's go let the market decide and let's hire people and let's see what happens yes i suppose this really

kind of control downs which we've had before and it was that we walked into where money now talks now money wins and you need people small people to trade the markets and make finance the powerhouse behind capitalism which is supposed to be. the plan seemed to work the stock markets built roads no longer needed to be financed by increasing wages and tax revenue now it was all about credit governments and individuals to take of loans from banks and investors. so that they could be good consumers and thus generate. credit cards come along overdraft so to use lending for houses becomes widely available and it's at that point that explodes that now it's not just the very

wealthy have access to all these things consumerism is now people lower down the income scales as well and if you look at money supply in that and supply credits in the early eighty's it just explodes. in access to consumerism and promotion of current consumerism close debt which is created the growth we created and where we are today. the cold logic of the market to go over producing winners and losers. one of the people who knew best how to profit from this new logic was donald trump . i really think i have an instinct but i don't think it's the instinct was shark i think it's the instinct of of maybe getting what i want or knowing how to get what i want. only if you recognize the profit of that unity's in this new era as well as

donald trump he made large scale purchases of derelict new york apartment blocks and promised to transform them into next three hotels and apartments to see financing from banks high on the market boom and through the largest tax break in new york city history trump himself had practically nothing move heaven is an incredible place where you build a huge building in a sold out in a matter of days i mean you know you build a building with literally three or four hundred units i'm building a building is one of the hottest buildings anyone's ever seen is just selling like hotcakes and then hatton itself is becoming a place of the rich period. the genie was out of the bottle the brave new world of finance or capitalism could no longer be constrained and great efforts were made to set it as

a controllable and secure system. the whole industry is based around a kind of illusion and the illusion of certainty there is a vested interest if you like inside of the system is to project knowledge and extra knowledge. but they really don't have any more knowledge than. as it takes a tougher line on migrants organized crime in is making vast profits from their misery. people and power investigates the state funded reception centers where the helpless are reduced to commodities ripe for exploitation.

and the migrants on al-jazeera. right out of a mosque or examining the headline with me again with the fractious issue of palestine and israel and the us news of the setting the discussions what makes them different as far as your goals sharing personal stories with a global audience nobody feel safe explore an abundance of world class programming designed to inform motivate and inspire. the world is watching on al-jazeera russian filmmaker andrina christophe explores how putin's russia impacts the very values of the nation russians are famous for their cultural legacy but can traditional and conservative be the source of stagnation and authoritarian rule why was always the assume raided by the police to misuse ukraine six homosexuality because significance of a book into the russian elite is that he was like

a feature who controls the cobra in search of putin's russia on al-jazeera. hello i'm maryam namazie in london just a quick look at the top stories for you now but as well as president nicolas maduro has criticized u.s. president donald trump accusing him of being part of a coup in his country this is a day after the opposition leader why don't declare himself the interim president and one trump support and a speech but there are said he will close all venezuelan embassies and consulates in the united states i want to know that you know now in venezuela. the president has to be elected in washington and whoever wants to be president can take the oath in the street. that. they want to dismember the republic they want to

dismember the nation. and the very conception of the democratic state. they want to intervene in venezuela and the way they've chosen to divvy venezuela is to impose a puppet president who has proclaimed a de facto unconstitutional. felix to she katie's been sworn in as the democratic republic of congo's new president off to basically disputed elections. it's the first peaceful transfer of power since independence from belgium in one nine hundred sixty the central african nation has experienced two years of turmoil spunk by outgoing president joseph kabila his refusal to step down at least two more protesters have been killed in sudan the deaths were announced just hours after security forces fired tear gas as students protesting against president bashir in heart to have been daily demonstrations against bashir is thirty year rule since last month. the u.s.

senate has begun voting on two bills to try to end the partial government shutdown the longest in the country's history president trump dreamed of the shutdown with his demand for five point seven billion dollars to pay for border war with mexico on wednesday trump was forced to postpone his annual state of the union address and there have been more demonstrations in the greek capital athens ahead of a delayed vote on an agreement with macedonia parliament will now decide on friday whether to buy plans for greece's neighbor to change its name to north macedonia protests as they gathered outside the parliament building as the debate took place inside going to bring you more on that story and everything else we're covering in the news hour i will be back with that program in about twenty five minutes time do join me then right now it's time for part two of growing pains.

were the view growth something positive. it's great watching your kids grow up or seeing a tree grow. it we always aware the door growth must come to an end. there's a limit nature knows no such thing as infinite growth this rule seems to apply to every kind of growth but one economic growth is somehow supposed to continue indefinitely. as one person recognized the hundred fifty years ago growth is the fundamental principle of our economic system. capitalism only works when the economy grows. recognize something else as well it is this growth that will eventually destroy the system itself. and today. if we reach that point is the system about to collapse. at infinite growth actually be possible.

the bloomberg company from new york place a central role in the financial system since the nineteen eighties who has provided stock traders and bankers with lightning fast price fluctuations and finance data from around the globe making it one of the world's most influential media companies . around the clock bloomberg news agency in stock market channel broadcast the glad tidings of the free market. a role in financial markets is a provider of transparency i would write a huge amount of data about the numbers on markets on economies all companies providing a chronicle of capitalism telling the story of money vitally important to bloomberg and central to what we about dollars. economic growth dangerous is one of most important numbers we look for if i say fourscore on there on the state of the column a steady solid growth in financial markets do usually reflected in solid stable

growth. in economics in demand in jobs markets reason is that people feel wealthier if you look at the textbooks there should be no limits to growth but if you look at the newspapers at the moment i get the feeling there is a is a can a break on both the central question now is whether or not a cyclical slump or there's something structural is going on up biggest. i release of pressure systems empires are based upon people's remains have confidence in the information they giving out in the promotion. of the ideology and the narrative which finance is based around which is increasingly become this kind of game show croce things. for a period time everybody wins. and then there's you know a number of economists marx keynes and pointed out is eventually all these means go on and the question. to those heavy lobbying by the

financial sector on the government to ensure actually that this financial sector growth could continue and governments believe that it was in the interest of the economy because everyone told the monitors and told them that if you had all this liquidity in the system then you must be growing your real economy but actually what was happening within that system rather was that you freed up all this money which was then used to bet on the increases in the value of certain companies and certain shares and of money itself in the system and the people who were doing that betting were not only profiting from it but they were also the only people who were regulating the system so it created a huge unstable and incredibly. equal system in which the rich got very much richer really very fast. for decades society has been transformed into an enormous market to which there's

allegedly no alternative. the huge sums few in the financial markets scream for high returns and have penetrated every corner of the globe. new ways are constantly thought to expand profits already in the tree is. the road seems to be getting to small for the capital. when i was a kid i couldn't afford to fly in an airplane i actually joined the air transport industry before i ever flew in here. today people take flying for granted it shaped the way we buy goods it shaped places people go to shape the meetings between people and different cultures. over the next

twenty years we expect the world to meet thirty two thousand new civil aircraft. at the moment around one billion of the people who live on our planet fly by air regularly. the remaining six billion don't yet fly by air and it's these people who will be tomorrow's passengers and tomorrow's customers in addition for those of us in developed countries who take flying for granted. have to live over the last six years more than one hundred brand new airplanes. charge. on airplanes every string days the changes. that take

something. as our years a tale bad or something to turn the battle now that we are at last says i'm doing well to. block i thought on stuff that's about to get the audience right but currently we have slightly more than two hundred outposts in china. and every year in the range of ten or fifteen in you want to be zero imagine if everybody. now for the travel expenses even the president was low cost the business walter a worker is willing to travel by air the marketing is fantastic you can't imagine and i i already seems that this is a sign of that that's why when i look at it every time know i'm asking about the

perspective though the market i cannot imagine is a dime ation of this market where ny has a reference of one point four billion which is even more important than the whole of europe and more atrophy. what do you do about that we made every single effort to try to reduce his emissions but if we look at it as a social benefits and has economic benefits as aviation industry or bring to the humanity and then people may think differently we. are trying to make as well as smaller and smaller. to make it a real village. for

decades growth was kept on life support with debt only if you had the courage to say that the party couldn't go on forever but no one listened to them. in september two thousand and eight the time had come the house of cards collapsed it's a black monday for the american capital market despite dramatic rescue efforts over the weekend all efforts to keep the world's fourth largest investment bank alive have failed lehmann brothers is shutting its doors for good it's also i think a necessary part of the clean up process i mean we knew it was weak we expected to go it's not going in the way that people expected it to but it's gone.

a long run i'm confident that our capital markets are flexible and resilient can deal with these adjustments for a long time so that. there was a deep shock in the system there was a sense of my goodness we can't let this happen again governments have to have a better handle on this system and for a while there were attempts to do that it lost it probably a matter of a few months in fact by the end of two thousand and nine and into two thousand and ten. the very same companies been responsible for some of that disaster was still engaging in those same kinds of risky trading procedures that for a while had been stopped in the wake of the crisis and we learned a lesson. but then we forgot it again.

the financial crisis was a huge opportunity for governments to free the world from its dependency on financial markets and to change the system. but they wasted it instead they did all they could to revise the old system spending trillions of dollars to save the banks . then something incredible happens the banking crisis miraculously became a sovereign debt crisis dr addends became public that governments and the citizens are subjected to a sturdy policy is under which millions of people suffer to this day. thanks to the stock markets however keen to demonstrate a sense of normalcy as soon as possible in reality nothing is as it seems kept the business survive the crisis that no longer functions like it once did. even though it's not as busy as it used to be this is still the center of capitalism you can look at all the tourists who are outside the building taking

pictures they all still believe this is the center of capitalism it's a symbol of something it means something to that. ten percent i'm sort of like the weatherman for the stock market i come in every day and try to figure out what's going on in the stock market i talk to trading desks i talk to analysts i talk to people who know a lot about the stock market and i go on the air and on the internet and explain what's going on. remember the s. and p. five hundred is down one and a half percent this month you have very clear market leaders and the reason we've had it is because of better prospects for earnings in the fourth quarter remember what the market leaders have been energy tech events lagging today energy tax in banks that's interesting there are mixed. opinions but you know if i just change the broader. human bein's want

stories they don't want an endless list of numbers nobody is impressed with a list of numbers they want to know. what's going on tell us in plain english what the markets were doing and that's the real skill set and often that's not easy because things are very complicated. people have always claimed that capitalism can be evil and capitalism doesn't help people i completely disagree what i see in the last hundred fifty years is millions of people have been lifted out of poverty i personally am a true believer and still believe that the system works well and i'm committed to that system. at the underfund and the new york about the van that fell from the thousand mention of the market. committee of dimensions in time to get attention because you're

going to just fall into this and shot through tells me it's in the wind as the hellish defense hard enough i was in this in one of the new york stock exchange this is a list the average i was in was first published it. is in this it's the machine just about wins. in jackson cause the decide when to name in me a given of every chuffed a top not been given and is going to name well then. let's come on the awful scene and be among the hostages have been known to the i love village often belzer if you have been with our side long outside but it was in one town wow kind of talks to me getting tied to given a sinking truck since trying to balance because of dr mark police towels on carpet to fund it. up. i think will be seen over the last few years is cracks in the in the shiny surface

of capitalism. and a first that's what they look like you know they just look as they say something not quite right on the the way the light reflects off it and as you look more and more closely. you see this you see that these cracks gay rights of the heart of the model they go right to the heart of the basic ideas of capitalism. capitalism is to work. the system deliver what it promises. providing growth jobs and prosperity for all. the on both sides because your new smart factory in the seamlessness just. little

torn off. in the middle unlockable the young can see several up to. the traditions as long as it's you just like you're in study of a couple if you keep your hobby like a little slow. down on a lot of. unix boxes been diminished. and all but that's in the city on the bend us on the on the bad self you can find don't understand on this is all by not talk as it sparks what was on the top of that in the book is that's come mostly for she said. ever since the industrial revolution machines have been replacing you label thereby causing great societal upheaval it's. that until recently they had only replaced the physical labor of humans. now machines are capable of doing what makes us humans unique they able to think it's a completely new chapter in human history which will have massive consequences on

how we live and work. can technology thanks watson can. i mean want to know the technology unlike any that's come before because rather than force humans to think like a computer watson interacts achievements on. human terms. sepsis twenty students is among the dead because of cockney teeth least on testes esteem and off to compliment. and dom it's even a star kids. get an insight into steam in how to bite something lengths unemployment's in full view not find that to discus something contexts into plenty of them hesham to sustain begin to laumann untimed was a target s. of us also did not have hospital was just him all talk and on top it. if you're interested in checking if you're a spectator stand evolution's it makes this whole notion take great great gesture.

as well as picture the rights of a mystery mission get guess who can be able to do it the right people will kill this ticket. in self roll thanks to interact with thinking of a short. thank. you visit me stop by and zoom in on a farm said bob so shuffle in game type here i can finish my work. then never get off the indians i next see a t.v. ted sometimes that's building. and just how true in extremis affair next to him is p.v. lake. in the future agribusiness and robots will be able to carry out nearly every would seem to ask previously from place. of jobs who. these new technologies like economic growth but that much in the way. and that could endanger capitalism itself. to be able to access all the nice things mass produced every day and there are not enough people who can pay for them with

their wages. in financial markets algorithms have long since been running the show computers interact with other computers and fractions of seconds without any human input. in this room that's what we do here we have an on off switch right was there's really no human in our bench and i really don't believe in leaving the room and letting you know something trade unintended it's about being there

with the creation that you know you've worked on. you know even if i don't i don't know you don't control it but you watch it is it doing everything they designed it to do there are many mathematical models that come out of fields such as horse betting that are used and are business as kind of fundamental pieces of algorithmic trading we somehow project and then our couple this society this idea. that that this is a safe environment for people to build up their rear tire meant top is actually a hyper competitive environment and. depending on the product there's there's you know sometimes i feel safer going into a casino than trading certain products in our space i mean. it is a very different world than the way it's advertised to the general public.

financial markets out of control and no longer have any connections to reality. while algorithms and robots produce growth they only provide work and prosperity for a few and it's this growth that's destroying our future on the planet. the signs that something has gone wrong with the a system that's become impossible to overlook so why do we consistently ignore them . this is for t.v. the network was always stuck together for your i'm done time trusting a lot better now than i was before i did you know because if they even hire you style you know to me. you guys look like so you obviously don't know what i'm talking about but you know this is a really nice quote. i call it one of the most powerful name in financial television wall street week his back yes the news guy bridge actually purchased the

rights to wall street leaks i view myself as a capital artist again this company that i've created is my canvas. i know you guys in the media don't like capitalism but you know someone's had to pay for the camera and the microphone so i mean at the end of the day the capital system is the only system that we've been able to design that works. let's talk about growth ok there is a perception right now in these elitist academic salons ok now we're not going to grow anymore well that's just flat out wrong if you study five thousand five hundred years of human history we know that human beings are designed to have great intellectual curiosity and to innovate there are so many things that we're going to do over the next fifty years is going to shock everybody in terms or keep ability we're going to poll asteroids down from the asteroid belt or low to platinum that would be where the first trillionaire comes from we're going to unlock the ability to stop aging or destroyed cancerous cells in our bodies all of this innovation is

ahead of us and there's a tremendous opportunity for growth. this a sense of desperation so this strategy that we don't want to base a realistic in the world we would much rather have. you know a total fantasy for our guiding star we would like to have this vision that we don't have to think about detailing christ we have to think about making grows even stronger we have to go for it we have to make america great again we have we can all be billionaires we can all we have property and of course it's a little asian but if it goes back to exactly that same simple basic fact we live on a file a planet that there isn't the space for the dream of this reinvigorated the regs

fetich this is. just. we live in extraordinary times our world is becoming increasingly complex. and many are disappointed to find that they are worse off than they used to be. but instead of doubting the economic system they turn to those who have profited from it the most those who continually promise new growth. for these empty promises more and more people are apparently willing to sacrifice democracy peace and then environment. capitalism is reached a new level of escalation but it's no longer suited to the world we live in. it's and it's closer than we think. saudi was never been a real easy sell for investment approach are the reserve southall are they

understood to be or it was that. they all know shares in your company for the people baas. signs of a brief press fighting that hates across the southeastern corner of us try to kid to see if this band of plaid which will make its way through just let it ease in those temperatures data as we go on through the next couple of days then further north we've got a disturbance around the gulf of carpentaria that may well develop into a tropical side and we have got some typical side primarily just off the coast of

the rim just affecting the pope or a coast as we go on through the next couple of days wet weather right up in those northern parts of all stroy in the south well is that hate stood in place to melbourne on friday forty degrees celsius thirty celsius there for adelaide after a record breaking heat so that represents something all of a respite and that rest will not its way into the southeast as we go on through saturday said twenty seven for melbourne by the state maybe about twenty three twenty four for mel but as we go on into sunday said looking better for the finals of the tennis taking place here face week at twenty seven left a perth as well forty one in alice the wet weather that will continue across northern parts of the country with the possibility the likelihood of some flooding here then may well basin pieces of rain like no way across new zealand but what it can pretty get here over the next couple of days all can with a high of twenty three.

in afghanistan billions of dollars of international aid have been donated to girls' education but where has the money gone when east meets girls desperate to learn and asks why is the system failing them on al-jazeera. called the must move hussein has now been held in pretrial detention for two years what is his crime. why hasn't he been tried yet why hasn't justice been applied in this case is he detained because he's a journalist journalism become a crime have moles become a tool to silence wars of truth we will continue our news coverage with professionalism and impartiality our work will remain credible and accurate but journalism is not a crime incarcerating journalists is not acceptable we demand the immediate release of all colleague mahmoud to say and all journalists detained in the gyptian jails

free mahmoud's and all his colleagues we stand for press freedom. this is al-jazeera. hello i'm maryam namazie this is the news hour live from london coming up in the next sixty minutes venezuela's nicolas maduro accuses donald trump of being part of a coup against him off the opposition leader why does declared himself interim president. the cadia sworn in as president of the democratic republic of congo off to basically disputed elections. u.s. senate has failed to pass rival bills to end the government shot.