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tv   [untitled]    August 17, 2021 3:00pm-3:31pm AST

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the truth, your government is full of knocking. she said, that's how the article should start 60 years on we revisit the report is still risking their lives being another outbreak. violence of mar versus with you on the rewind, the deadly beat on out there. ah, bold and i'm told stories from asia and the pacific on al jazeera ah. ready with their i'm the clock and the top stories here on out 0 and the taliban is trying to ease his enough kindness down 2 days after took control of the capitol. the on group has declared an amnesty across the country in the judging women to join the government . while after monday scenes of desperation, the situation a couple airport is stabilizing with military evacuation flights not resuming
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hundreds of afghan to earlier run onto the tarmac to escape taliban rule. of course one moment bright is more from couple it does seem to be the town taliban being very conscious of how they are perceived and trying to reassure people, reassure every nerve as population and can be said really good reason to meet people. remember tell about 20 years ago we've seen in recent weeks that taliban have made these, these gains across the country that some taliban units in certain provinces they have been accused of, of carrying out atrocities, human rights abuses, war crimes effectively, things that a number of international organizations have called to be investigated, so you do sense that the taliban wants to distance itself from that it is put out a reassurance that all government employees can return to work without fear of recrimination, which is the 5th we talk about. the people like interpreted that people who worked
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alongside the abilities who been involved here in the past 2 decades, but also an awful lot of government employees via recriminations. they were considered to be targets of the past. also they, they taliban calling for women to be involved in government. they, there are also been set up these so called amnesty numbers that people, if they are concerned about whether or not they might be targeted or faced reprisals, what they might have done, they can phone special hotline numbers to get reassurance. so it is quite an interesting dynamic, it work for girls in the western afghan city of her. i have attended school just days after the taliban to go with the group says it will ensure inclusiveness for women. despite is strict guidelines on how they should dress. the united nations is urging the taliban to keep its promises. us president joe biden has defended his decision to pull out troops, saying an endless military deployment is no solution. he says, american troops should not be expected to fight when africa forces are unwilling to
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do, said themselves survivors of a powerful earthquake in haiti. and now having to cope with a tropical storm. heavy rain last made shift, sheltered in the southern city, of like one of the worsted areas. 1400 people that need to have died and such as quick houses more were left homeless. many say they're still waiting for a from the government to arrive at my budget. what's up? the situation is very hard. i have many children and we're in the rain. i don't even other piece of plastic to cover us to sleep. we are in the rain, we have no place to go to school shelter is not open. where are the authorities, firefighters in northern morocco trying to stop to fire that have destroyed large waves of forest. they started on saturday. it's a heat wave scorched the country. temperatures have reached at $49.00 degrees celsius authority, say they've managed to prevent the fire from reaching residential areas so far. and in spain, that's a scramble to extinguish. dozens of forest fires triggered by
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a record breaking heat wave. the central province of viet saw some of the west fires. strong winds of hampered rescue recovery efforts in the area. officials say more than 5000 texas of land may have burned while in russia forest and siberia, being destroyed with already say 163 wildfires of burning and yet could tear. smokers covered the region and has drifted as far as the north pole. for the 1st time, the united states has declared a shortage. it is largest water reservoir triggering mandate recounts to some western states. lake mead on the colorado river serves some 40000000 people. the region is struggling with a drought and record high temperatures. new zealand is moving into us not locked down for 3 days after reporting its 1st low court over 1900 infection in nearly 6 months. the case was detected in oakland, or it is working to trace his origins, still not confirmed whether the latest case is a highly contagious delta barrier headlines. one news coming up here on out 0 right
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after growing pains. bye for now. oh, i me if you grow something positive, it's great watching our kids grow up or seeing a tree dro it we are always aware and all grows must come to an end. there's no limit. nature knows no such thing as infinite growth is room seems to apply to every kind of growth but one economy grows. some are supposed to continue indefinitely, we believe them and now there are no limits to growth and human progress. when men
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and women are free to follow their dreams and we were right. if that growth fail to materialize, we panic. but why? has one person recognized that 50 years ago? growth is the fundamental principle of all can amik system. capitalism only works when the economy grows, callmax, recognize something else as well. it is this growth that it will eventually destroy the system itself. and today, have reached that point. it's a system about to collapse. on my infinite growth actually be possible that governments don't want us to even question the g word. they don't even want to put a discussion around grace. if you are looking at this from the outside, it an alien arriving from out of space and you're looking at this society,
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you would really wonder what was going on, what are they doing? what, what is this growth that has to appear in every political sentence and is the basis of every economics textbook? what is it all about? is it a, is it a religion that they have is the god that they're chasing is the virus that's taken over them? and what is the visceral fear that emerges as soon as growth of to go away? i use
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i think so soft on vaxatone can this guy mr. game? definitely them. engine. the available mother elizabeth didn't talk back to me in the, in the both of us back soon stalled to filter off. that's to me and spine and i see me. i is the are you still tough luck? seminole, what do you think luxury politic, fussy near to lubbock, source to the women and and because of foot mediums the politic schmidt can con once later, the system, a veil on medical is alone. his mention of these blenny and give the produce mister hub. vip is buxton, him a. how did us for, in the when up in the, by the, the work of me, where does this shake of a believe in economic growth culture?
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as it always been there, is it really part of human nature? all the imaginative use of mass production methods that us industry was able to perform its war time miracles to build more planes that all the united nations put together to turn out ships at the rate of 200 a month ships which carried overseas. the arm of the united states to decide the outcome of the war. the success story of economic growth began during world war 2, 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, gross domestic product, g d, p. if production and i e, g, d, p grew. and so the prosperity americans believe so fell me in this new formula. they compelled the allies to bring the kinetic policies aligned with it. from that,
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it wasn't people's incomes that colleges, it was only gross. and it turned out to be such a useful measure actually for the war effort and for understanding the war effort that afterwards it became the single most important policy number across the world. be kind of symbolizes progress to sort of fairs while things are getting bigger. so they must be getting better. that was the birth of the g, d, p. in the 3 decade after the war, the width and economies grew up to 8 percent annually. in the u. s. they called the golden age of capitalism. in france, they were the 30 glory of years in germany with economic miracle. an entire generation enjoyed material prosperity and full empire, and again grazed in the collective caution. even though these high growth rates are only made possible by massive water destruction, to believe and growth with now and stuff for the g d p became the most important
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benchmark in history. the and economy, the grace of the economy was doing a good job for us 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 with a very, very poor undernourished people living on less than the price of a skinny laugh a from the cafe downstairs and that say that's a situation where growth makes some sense. but the idea that as human beings or we won't ever is more, more stuff doesn't really stack up. so after a certain point, you have to ask yourself, how much is enough, how much, how much more do i need to grade the economy to satisfy human appetite?
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19 seventies. so growth rate, think for the 1st time due to the oil crisis and other factors. the boomers over the market saturated western economy, stagnated. millions, suddenly found themselves unemployed. it was uncharted territory. for the 1st time . the limits of course, became because he could mclean socially. and ecological we do have some understanding about growth. in 1972, a group of scholars commissioned by the club of rome, presented a report in washington entitled the limits to grossly using a computer simulation research that mit had calculated for the 1st time. what continues economic growth would do to the plant. they're finding set off alarm bells around the world when resource consumption is doubling every 20 years. for
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the 1st time, people were confronted with the fact that economic growth could also have negative consequences and at the planet, natural limits would soon be reached to growth. we've witnessed the success story of growth was in crisis. we reached levels of prosperity which carried the seeds of disruption, and necessitate a complete, re look at the whole world social political, another situation. a couple of roaming point sold, 30000000 copies and became a global sensation. and yes, doing this kind of them says, came under a tech that calculations ready cried as irresponsible fear mongering because it's impossible to admit the unacceptable success story of growth must continue. ah, unfortunately, many of the scholars predictions turned out to be right. and in many cases, reality even surpassed the belief predictions o s,
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the covers room reports were causing an international uproar. the brazilian rain, 1st in the amazon basin, were still nearly untouched. the huge brazilian state of much of russell, largely populated by indigenous people consisted of forest and 7. today. not much of that is left. since the mid eighties, progress aided by national investors has been eating away at the rate for 35 football. she has a forest disappear every minute. it's been the same story over and over again. lumberjacks moving 1st, then calibrate us. and finally, the sort of the variance and this one at one points containing, as is mutually shown when are shown with this young approach come in ill,
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a way up there at the school of hannibal as you live in. good god, fall out. unless you don't flee the societies, my african e e. was it dancer? for example, keeping the venture doesn't seem stamped there. has there been i did s s i is the g of has been slight blue than merely meant them to move a must store numbers on last monday to pick up my son. i'll walk in and i was mark the japanese l y got the bossa roku, our daughter, destiny, louis he has a beneficial settlement. he cut up a little busy mice. the tropical climate delivered $3.00 to $400.00 a year and with massive profits, sorry, and carne for export and animal feed highway $163.00,
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the gateway to the amazon base. it was lumberjacks, money, and destruction into the forest. today, countess trucks lined agribusiness highway transporting their valuable cargo to their national park. they passed an endless sea of toby and fields enormous silos and slaughter houses to one of the largest room regions in the world. growth rate of up to 20 percent big business and the 70 is region. it was just applied by indians. it's just amazing for 34 year just of colonization. and it's the most important region in agribusiness of the country right place to make new investments to make money. c
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you capital, a good part exported to russia, china, in another country. do you see any limit? no limits. probably the sky you have in the limits. ah me, ah, in response to the crisis of the seventy's economic policy underwent a change, of course, new growth had to be felt. no matter what the cause. even if that meant leasing the premise for finance capital aah! these had been contained after world war 2 because they were responsible for the
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great depression. and there was self monitoring with the new magic word. administrator was the idea that if you put more money into the economy, liquidity, it was called that additional money in the economy would help really investment that would help give us more production that would allow us to consume more goods and we would get growth back again. so this little hates us if you like in the seventy's, primarily caused by the oil crisis lead to a, a transformation in the economics of our society. and in particular, how we think about grace and how we think about stimulate the government, deregulated financial mark thing insurance companies and investment funds, gains and influence. and we're now allowed to gamble with currencies. even with people's retirement. capital was let loose,
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and the financial sector was flooded with mike. the in it was a peck with the devil. and the beginning of the slow process of this empowerment in exchange for goes, governments relinquished 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 go to extend lunches, i believe the elliana group is europe's biggest insurance conglomerate. and one of the biggest players in the global financial markets. it's been fine public for 600000000 oil. different firms, 100000000 felipe c song and a 100000000 and 50 suffers the home in the lim cecilia hong league via the out us for saw get when so quin yang flip to see con my country to so 1st in the us
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be so much of figure one and sean base, you take your induction activated, wolfington, c i p 3 nucleotide and the some bucks to to potter 2 pm. so by speak, actin investments oppo invested to one in 1000000000. an informational to investments, autobahn and truly how can normally could the to be similar. modern, also disclosed in, in china. therefore, also in asia overall. some kind of one of the growth and develop markets in europe. and us also know new quote, drivers to be seen with a quick knocked way for a coffee, potentially if your pets and asian missing via in. so going into in this p, that the high should invest in as acting in will be in it as
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a be in the to confirm when you're going to open league within mia in trend and, and league. and who was faxed to me in decent and on nuclear, to documented, invented and talked to his team on the fax to mr. moore. please excuse me and bit though it, it looks, it looks like it did. i was an invoice spent 9 as a misdemeanor and it went to my foster thank sandy. septic arctic anointed yada. will missy take it down? mattered up the subject to a collage for cost. bice, let me go to see the man. i enjoyed this glorious for caught on the money of millions of insured individuals sent on its way tomorrow to play. when andrea's group, as team has a rough idea to which countries and sectors, the billions should flow, they hire an asset manager. he determines what stocks or bonds to invest in
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most of our clients, our 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 then kevin and growth. there is the return in the world like income, manages 1.2 trillion years of assets. and in germany, we are managing 40900000000000 years of assets. the financial markets, they have a social role in distributing people's savings towards investment and their investment is usually a form of so when you you take out a loan, for example, to buy a house that learned could end up in a bond. and we could end up buying that bond. so growth is important so that
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individuals and companies who are money in the capital markets can actually pay those lines back. let's free trade. yeah. but when you, when you, when you, when you imagine a world with euro 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 gonna have to wait for somebody to retire before. maybe you get their job and society with that growth probably won't work at all. not for long. it will degenerate and to collapse. without growth, societies will descend into chaos according to the financial and political elite. but is that really the case? isn't it, rather than vine?
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faith in growth that leads us to chaos. oh, in the eighty's there weren't a finance operating from the city of london and was treat increased its influence on government and societies and became the driving force of capitalism to day financial markets. not governance, determine the well being of entire countries. how did it come to this? how good financial markets gain such influence over our own life? one person who knows the financial world better than almost any one if you had called for nearly 30 years, he was a successful fund manager on wall street. and in the city of long and transport financial scientists and had been offered 20000 pounds to go in stone wall street in 1001 west of the beginning of o. and we went into the new era of reagan,
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such 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. as opposed this really kind of control that the say which we've had before. and it was that that we walked into where money now talks. now money wins. and you need people smart people to trade the markets and make finance the power house behind capitalism. which is supposed to be on the planet seemed to work the stock market goes no longer needed to be fine and thank wheezing wages and tax revenue. now it was all about credit government and individuals with take loans from banks and investors, so that they could be good consumers and thus generate the credit
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counts of trucks to tease. lending for houses becomes widely available and it's at that point that explodes that now it's not just the very wealthy of access to all these things, consumers and it's now people low down income scales as well. and if you look at money supply and, and supply credit in the early eighty's, it just explodes, ah, has been access to consumers and promotion. and can consumers close the debt, which is created the growth and created and where we are today? ah, the cold logic of the market over producing winners and live with one of the people who knew best, how to profit from this new logic was done
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a job. i really think i have an instinct, but i don't think it's the instead of a shark, i think it's the instinct of maybe getting what i want or knowing how to get what i want. only a few recognize the profit of the unity in this new era, as well as donald trump. he made large scale purchases of their like new york apartment blocks, and promised to confirm their introductory hotels and apartment. he received financing from banks high on the market boom and to the largest tax break in new york city history. trump himself paid practically. nothing will happen is an incredible place where you build a huge building and a sold out in a matter of days. i mean, you know, you build a building with literally 3 or 400 units. i'm building a buildings. one of the hottest buildings anyone's ever seen is just selling like, like hot cakes. manhattan itself is becoming a place of the rich period. the
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genie was out of the bottle, the brave new world of financial 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 kind of the illusion and the illusion of certainty. there is a vested interest if you like inside of the system as is to project knowledge and extra knowledge. but they really don't have any more knowledge than i use when a military coup over through chiles, marxist president, one stadiums became prisoners and the hunters sole objective was absolute control.
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one man publicly refused to accept dictatorship episode for football rebels. explore the life of carlos castelli, the football, whose personal stories swayed a vote that altered the history of his country. carlos carefully and the demise of a n day on al jazeera, discover, a world of difference determination. i'm coming down where we are moving the freedom. we saw on the 16th corruption and compassion, the l. just 0 world a selection of the best films from across our network of channels. the people have come to expect a lot from of era over the years if they're reporting the commitment to under
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reported placement. the commitment to the human story, but it's also the idea of challenging those in power. if a politician comes on this channel, they will be challenged and that's what people say to us. they want the questions answered. that is what we've always done. that is what we will continue to use o clock and other top stories here on out there. and the taliban is trying to ease fizz enough kindness down 2 days after took control of the capitol. the group is declared an amnesty across the country and is urging women to join its governments . will often monday scenes of desperation. the situation a couple airport is stabilizing with military evacuation flights not resuming
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hundreds of africans earlier run onto the tarmac to escape taliban rule. across from that rubber bright is more from couple.

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