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tv   [untitled]    February 11, 2025 5:30pm-6:01pm AST

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23 denies to missing these kinds of abuses at chief of the cluster abilities on the local rights groups. another source is said that these 35 civilians have been killed in an attack by the codec. a group in it to read. this is a place where a conflict started during the 2nd condo in the early 2, thousands, tens of thousands of civilians were killed then since then, the conflicts timid. this is the 2nd as so is this full set to talk in the last 2 years in a conflict? what appears to be escalating again and the center of it for heard has informed me is access to land that full of good come on those and those say those who are behind them is control of we to we preferences many gold mines. well, leaders and try to different visions for the future of on official intelligence that have made this on this in paris. maybe a 100 countries including china,
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india and the united states have met to determine if competing national interests and a space can be reconciled. european commission president us to live on to line took the opportunity to announce a 50000000000 year of those to its invest a emissions and fund mobilizing a total of $200000000.00 to an investment in europe. to open. i hear that 0 is late to the race by the united states. china. i've already got a heads. i disagree because the race is far from being over. truces were only at the beginning. the frontier is constantly moving. global leadership is still up for grabs. and behind the frontier lives, the whole world of a i adoption to us was president j. events made his 1st major policy speech since
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being elected last month. he said, the largest obstacle to a growth globally is regulation. the united states of america is the leader in a i, in our administration plans to keep it that way. america wants to partner with all of you. we want to embark on the a i revolution before us with the spirit of openness and collaboration. but to create that kind of trust, we need international regulatory regimes that fosters the creation of a i technology rather than strangles on that. so somebody elizabeth put on them, but stay with us. the stream is coming up next. thank you for watching the an app that sees for the blinds and a robotic um for the disabled junk. australian engineer is inventing tools to help
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people gain independence or side of that will put the ability to recognize objects on the far so that people with low risk vision would be able to recognize every day objects. women make science, provo goes episode full on al jazeera and when the people shall have nothing more to eat, they'll eat the rich. the quote by french philosophers on is that considered summed up the spirits of the french revolution is now trending in line with many demanding social justice we achieved to whatever means necessary. but what does east the rich actually mean? come on of these boards isn't. this is the street, the you on mosques network, just the past 400000000000 dollars, which is a historical high for the world's wealthiest man. if you're making $80000.00
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a year, it would take you 5000000 years to make $400000000000.00. if we're taking the temperature of the world right now, i'd say we're about to takes away from off with their heads territory. if you look at how much money these these billionaires make, they don't need this much money is. this is a reminder that now billionaires are the same, some of them what you want most is all from are gonna be higher in fat content. and some of them like does that cover to make those are going to be leader and more gain the tools to get to the past the as well. the rich get richer millions are struggling to get by the world bank says
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that in fact, the wealth of the world's billionaires grew by 2 trillion dollars last year. meanwhile, about 700000000 people, almost 10 percent of the global population live in extreme poverty. that's with under $2.15 a day. even in the wealthy countries like the us, many regular people are being forced to make impossible choices, like either paying for medicine or buying groceries. is the growing divide between the ultra rich and the average citizen, the driving force behind this call for change. joining me to discuss this r john cabin a sustainability offer you an advisor, end content creator in melbourne. albina ali, eva, a self professed child of privilege and the founder of the privileged few channel. joining us from boston, darren camphor and entrepreneur and socio economic and political content creator in cape town, and medicine hill, a content creator in tulsa, oklahoma. thank you all so much for your time today. thank you for being part of
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the stream albino. i'm on what you do and why we wanted to introduce your online persona 1st for those who may not know you take a look son for risk you confession. us when you 6 years old and that used to pay most of my bills. when people finds out that i can call my dad and ask him for a new car, money, or much new this vacation. they are trying to show me. but this tennis, i've never been ashamed of being a rich off social media you come across is a bit more reasonable than that. i must say. can you tell us about your notion of privilege and some of the things you share online like rich that advice? i'm what made you decide to create this type of content that was quite for me and friends, 2 guys shows probably my favorites. they do. so thank you for that. so the big
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problem and which we're witnessing today is in the facility. and so what i've been noticing is that before people from different financial background, they would leave on the same streets or even send their schools, their children to the same schools. but now there is more and more segregation. and the problem is that money is held by the privilege few, but there's also the keeping of knowledge. so i decided that i want to make richard that advice accessible for all. and one of those examples is, for example, a trust funds. so mainstream media and makes it seem like trust funds only folger well see what's in reality, it's a great tool to start building your generation wealth. so we want to make those know which is more accessible for all because we strongly believe that the more people succeed, the better it is for all of us. oh, and yeah, that's definitely something particular about you that you even the fact that you actually know your privilege makes you different from, from other rich kids. i would say. but we wanna,
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we're going to talk more about that a john, you actually have a series on take, talk about the title of today's 0, actually eat the rich. and i want to ask you about who exactly you mean by the rich? here's one online use or with the one disclaimer that i want to see if you agree with, take a look when you're talking about, eat the rich. who exactly do you mean? i'll go 1st. when i talked about the rich, i am not talking about you know, talking about me. i'm not talking about your pediatrician. i'm not talking about most attorneys or even most celebrities. i'm not talking about people who make half a $1000000.00 a $1000000.00. maybe even $2000000.00 a year. the people who i'm talking about are the people who have at least 9 figures . in essence, these are people where it doesn't make sense for them to bend down and pick up a $100.00 bill off the floor cuz it's just not worth their time. this is the one percent of the one percent. as far as i'm concerned,
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the rest of us are in the same boat. we are all closer to each other than we are to them. john, do you agree? is that a fair statement? you know absolutely a 1st statement. thanks for having me. by the way as well. and i think when we think of what the ultra wealthy are, if we think of say the top 10 percent, we hear that a lot, the top 10 percent around. if you just take global averages, equates to a net worth of about a $135000.00 us dollars so that may not be everybody watching and listening to this . but it probably would shock a few people to know that that's sort of where the bar is. but for me just like what that other commenter said in the video, it's really the people that are sort of on the who run or the fords rich list. so the top 2500 net well holders in the entire world. but even within that, i look at it through a smaller lands of those that have a big discrepancy between the things they say they're doing versus the things that they're actually doing with the well that they have. so it's a little bit of
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a narrower focus than just all the ultra wealthy, although we can certainly talk about every single one of those 2700 people and then certainly take them apart. and obviously you mentioned forms in the forbes list. it doesn't include everyone, it doesn't include, i don't know, political wealth and, and dictators, etc. so we are talking about some people, but there's still so much more wealth out there. and i think that is, i guess where the anger comes from. and these calls to if the writ 8, the rich darren. now that we've established, roughly who we're talking about, what about this other thing that we come across a lot online where there's no such a thing as an ethical billionaire, truth or man. it's definitely the truth because um, i suppose if, if you were to buy some money to live, nature managed to accrue a $1000000000.00 in wells in a planet or even a country that says an equal as the one that i live in. withholding those kinds of
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resources will that access to resource is definitely an ethical way to exist. you would have to, well, the significantly change people's access to health gain access to food, access to water, access to clothing, education, housing, and to just hold onto that access to resources because you feel that you and that is in itself an ethical is respective of all you might have a clue that well, oh yeah. even if you did acquire that wealth in a fair way, which in today's system it's quite exceptional madison. and the issue here really seems to be in a quality rise more than anything. i think that's the key idea. the problem is not the money is a bundle and some of the concentration of it in very few hands. would you say that that is the key of the concept behind this trend? yeah, i would agree with that. i think that there is definitely
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a growing awareness of the fact that we have in existence a lot more resources resources than most people have access to in their day to day life. and i think that the internet has really been a part of kind of showing people different perspectives and kind of starting to raise awareness around that. mm hm. i'm the mass of wealth and power gap has been indeed more evident than ever in recent years and social media users. i have a lot to do with that, but they have also been confused at times about some of the notions around this concept. like for example, each stage capital is here's gas them with a breakdown of some very important ideas. take a look that in your bathroom breaks times, sold off just for leaning, every aspect of your day monitored for efficiency, being treated worse in warehouse of robots. this is how an amazon work are described as working conditions and a piece for the guardian newspaper,
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according to many users on line. this is a perfect example of a late stage capitalism. the term was popularized by belgian marxist economist, ernest men del, divided the development of capitalism into 3 stages. first was a period of freely competitive capitalism. people with the money and means were free to compete and producing goods. this period led to the growth of industrial capital within countries. second came monopoly. capitalism. having created novelties within their countries, producers turn their focus outwards. they pushed for imperialism and colonialism, opening new markets to exploit. the 3rd and final stage is late capitalism, or like states capitalism, the stage of more, instead of world war 2, has several defining features, markets and labor, a globalized with the same international companies and buying and selling resources in countries around the world. so are we living late states capitalism now or will our world become even more capitalistic in the future?
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a john, i guess i want to put that question to you. where are we in these concepts and do you think people are aware of them? i don't think people are as aware as we may hope that they are. so if we look at, for example, consumer package. good. so the things that we buy at the grocery store of all the things that are in there about 90 percent of them are controlled by just 10 parent conglomerate companies. that is a massive amount of control in the hands of just a few people. and at the top of those companies are again ultra while the folks that sit on the board was rich less, you have the folks like the mars family who are in a very secretive all throughout the family. i think they sit at number 35 on the forbes rich list, but they own mars confectionary, one of the biggest confectionary companies in the world, and this goes on and on. so again, this idea of control of things and the late stage capital control. ready by the hands of just a few people is a massive concern that
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a lot more people should be aware of. and we're going to talk towards the end of the show about where this trend could go and if it could drive an actual change. but before that, i'll be not in one of your videos on the privilege view collections channel you say, and i'm quoting, you. capitalism is a failed system that is failing so many of us coming from a rich kid like yourself that is surprising. can you tell us what you meant by that? yeah, just because i benefit from it, it doesn't mean that i don't understand that the system is only benefit in the privileged few. and i think this is exactly what is the biggest problem today. that's people who or they have so much money. they're the ones for getting those high paying jobs. for example, i was working in i 2 for 5 years. and well, they realize there is the people who gets to work in those funds. the company is a people who graduated from funds to universities for paying for them. and in the end of the day, you only can get a high paying job if you were able to pay for this university. and the problem and
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i to companies today is not even that there is not enough women. there are not enough people for adult rich kids. and i think that's why system is picked. and so many of us and obviously you come from a, from a background of having lost some of your privileges. what would you want to share that briefly with us in terms of what happened to you? um, growing up in ukraine. yes. so i'm from ukraine and i'm from the east of ukraine. i was originally born and raised in wisconsin. so this is the city right, that the border with russia and smites us. you have different types of businesses. so she thought the huge diversify and that's why he's protecting us, but we never expected the word, right. so in 2014, when the world has started, that's how his business was bottom to the other half just stopped operating. and that was the time for the 1st time in my life, i was 16, i realize how privilege i used to be. and that's the st. above privilege. you only
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started noticing that when he was on the habits, i think similar thing supplied. so happened as you only understand how heavy you were once you're unhappy, but it made me really more ground is it made me understands how privilege i used to be. and luckily, because my dad is a self made the business man, she was able to build his back, but there was a very eye opening experience. prior to that, actually it's old that i would never get a job. and then in the university i started working and they realize how the feeling it was, and i think it sucks, but so many people only understand how privileged they are once the privilege has taken away. but so i'm really grateful for that experience and, and thank you for sharing that with us because it is indeed very personal. i want to go back to, to the trend now and darren, i want to share with you one clip we found online with the inconsistencies of this trend. take a look, a bowl of this apple. we're doing the celebrity block trend where we're just
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straight up blocking these out of touch with reality celebrities by commend you. because listen, if there's anything that i'm good at, it's being a professional hater. but what about the ding dongs and washington school pass bills in the middle of the night that only benefit their geriatric dinosaur wallets . could we not all get together and do something even crazier, like, i don't know, maybe refused to pay taxes, or maybe we pick a month where nobody spends a single dollar on a mega corporation who rates and billions of dollars a year, but their own employees can't even afford rent a darren, can i get your take on whether this trend is really just about venting about the injustices in the world and exchanging knowledge but doing nothing about it necessarily. um or do you see this as, as something more i think in able to be there's going to be stages to class consciousness. i think one of those initial stages is awareness. so i wouldn't want
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to look down on the particular stage that anybody might be yes, but blocking is deliberate. these might be somebody 1st stage of awareness, but we have to get to the point. we like the person in the, in the video said, you have to call some kind of disruption whether that be financially or we would be some other kind of systemic this option. but the one thing we have to understand is that the only way you bring the boxes to any change is you have to cause some kind of disruption disruption to the maintenance of the system. it was just making a noise, that's fine and it might annoy people and it's uncomfortable. but if people can still go to the same stalls and still participate in the same system in the same way, nothing is going to change. and i think that we need to keep that in mind as we go through these various stages of class consciousness, class consciousness, that is something else that's being talked a lot of online. and again, we've been talking about the fact that lots of people are waking up to this because of inequality in madison on how people are actually really struggling. i wanted you
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to look at this short clip, we found on social media, and then i'll ask a question about it. there's someone who formerly worked as a crisis, social worker, meaning i went to de escalate people who are about to themselves and are other it was 3 months i quit after 3 months. but anyway, like i know we're getting back to back to back call. i was doing that job in 2021. so now not the economy is prices teams just waiting outside of people's houses just in case because you are about to make house listeners illegal. the minimum wage don't make no sense. nobody can get a job. when you ask people, do you feel like harming yourself and or others? i think that most people, if they were being honest, they would say yes. we often think of america as this powerful, very rich country, but 11 percent of the population are actually living under the poverty line. that's 3836 rather than 1000000 people. would you say madison to that their frustration or
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even anger is understandable today? yes, i absolutely think, but it's understandable. busy um and i agree with what one of the other commenters was saying before is that there are different stages to activism. and that is an important 1st step. i think that what is so important as to be able to reach people with the information that they need to be able to channel their anger. because again, i think anger is a very natural and necessary reaction to what we're seeing happening right now. all across the world, but anger that doesn't have a channel, i think tends to turn into hatred or vindictiveness against whoever is nearby that you perceive as lesser than you. and so i think that that explains at least a part of what we're seeing happening in the united states right now. of a lot of misdirected anger. that is kind of is hindering kind of class
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consciousness in unity. um, would you say that that has to do with the political saying, oh, yes, i do think it does. oh, um i, i wanna ask each one of you now for a look towards the possibilities in the future for this trend, because obviously this is a, something is a debate is a big conversation happening online, but it is, even if it's not translating into any kind of action for now, as you all said, it is becoming knowledge right. more and more people are growing aware of the numbers and just how much wealth there is and the concentration of it and, and how unfair perhaps that is. i'll be not. where do you see this trend going? would you said yourself that the system has failed the majority? so we're to from here. i think for me personally, the biggest problem right now is not the businessman, as many people think. but it's the lawmakers because even if you look at the
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insider trading policies prior to $1220.00 of 12 in congress, you defended them, gets punished for insider trading, sold the rules which was applied to seals within the applied to long curse. and they said this is so dangerous and now that they have changed it between all the the really because you still see it happening all the time and the regulations of very shake it. so i think the problem is not just with 1000000000 is the problem is with the system because we're seeing that people are making so much money to and cove it during the housing crisis and we know how they're making it. so you can just change the behavior of one person because even when we're talking about ken billy and there's the article, i think that they can't. but i also think it's very hard to be an ethical person in general. and it's also easier to have high morals when they're in lots testers, me, john, your take on whether there can be, i don't know, any sort of reform going forward that will reshape our economic model. and whether
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social media could actually help. i think social media as certainly heard for the board of us here, certainly helped to, to raise awareness. and i definitely think we're at that stage now of, of raising awareness people becoming more conscious of these things going on. and you know, if that's where we are for the next 50 years, at least we will have move the needle forward in some way, shape or form. i certainly hope other things happen a lot faster, whether that's legislatively around the world because these problems are not unique to the places where we're dialing and from there they're happening globally, i think as well really figuring out how to change people's mindsets away from the idol ization of this, well, i think in the next 10 years we're supposed to have the 1st trillion error and i'm pretty sure we know who that is going to be. it's going to be on must giving us such a fandom around him. so to change that away from the people that are using wealth and the wrong ways to those that are using it a bit more ethically and for anybody listening and watching. certainly anyone that
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signed onto the giving pledge, billionaires that a place to give away a majority of the wealth by the time they die is a good place to start. we should be focusing more on promoting those sorts of billionaires ethical or not. versus the ones that really we know we're not doing the best things for society. i'm darren when we spoke to you before the show, you mentioned the word after c r, we've faced with the no surmountable amount of challenges that will just see us talking about this anger but not really doing anything about it. i think there's a, there's a cost of people that exist in society and waiting for it to them as some little cost. and they essentially create this buffer that we see as not being as privileges as the older wealthy, but not being as the institute as the working class. and i think it was essentially as this ego status in society, this, this noble site, this would all live in another after this class. it was closer to the working class . then the building is and so i think as long as we finalize that status,
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i called it in time to eliminate the last day. this inviting people are just going to exist in the middle colossal aspired to the middle class. i'm now medicine a final question to you. your views on the future of, of this anger we've been talking about has gotten us talking about eating the rich . do you agree that we should be holding the powerful to account? yes, i absolutely do. i think that it has become very difficult for people to know how to direct about anger because we live in such a complicated, late stage capital of society. and i think it is often very tempting for people to think there is one easy answer. why is nobody doing it? and i think that that point of view is actually very counterproductive because it just feels more anger without, you know, giving people, or excuse me, any direction to put that in. because it is such a nuance topic. again,
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i think somebody brought up the coupling of the regulatory sector and the, and finance, and i think i totally de, couple of those. there's going to be very little incentive for a regulatory system to change any productive way. so but again, that is just once i think small element of the problem and i it think that it is going to take probably some kind of leader or figure head that people trust enough to feel they can unite behind and take direction from. because i think everybody's really looking right now for what can i do about the state of the work. and it is very difficult to turn individual action into impactful change without some kind of coordinated effort. i think somebody else or, and i think you politically earlier where people were discussing things like a general straight, that kind of thing. but again, i think that that takes uniting behind some kind of target goal or lead. busy or
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idea and i think we are currently lacking that right now. well, we could and potentially see something like that emerge on social media. at least there is a chance to win a space for communication with that. but for now we're out of time and that's we're gonna have to leave today's conversation madison, i'll be in a john and dire and thank you so much for your time. thank you for being part of the stream today. and thank you all for to me and don't forget to stay in touch with us online. you can use the hash tag for the handle injury stream and we will look into the questions and suggestions take care. and i'll see you soon the the
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limits to how far the dream contains sta in your own adventure. now counter and wayne the . ringback the, the latest news as it breaks, present zalinski has guides the international carrying fee to step up on this deliveries to ukraine safety and defensive with detailed coverage. people with must department of government efficiency showed up here the us is headquarters,
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demanding access to the building from around the world for the people of what made any annual fee tests be $10.00. it's the end of a painful chapter of this basement the, the the, [000:00:00;00] the, you're watching the news, our live from a headquarters and so find, getting abigail coming up in the next 60 minutes can i'm, the law will become the 1st era leader to meet us president donald trump, who's threatening to cut aid if jordan doesn't take in college, billions from gauze off on the ground and god. so the cease fire deal appears to be holding trucks carrying aid are still entering the strip and injured palestinians

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