it's stupid. to confess on 2019 from september 6th to september 29th. china is rolling out its social credit system experts warn firms to watch out constant surveillance and tough sanctions doing business in china is set to get even trickier. by blacklisting weiwei the us resist getting left behind in the race to build the next generation of high speed internet networks. and 400 years on could the u.s. have become the globe's talk the economy without the transatlantic slave trade. been physical and its new business critics call it a life or death writing program china's social credit system which it's expanding this year to include companies both foreign and domestic have to install

surveillance cameras in their premises and share the data with the government also be rated on their tax records and comply it's a system that has many firms boot. a traffic light with facial recognition cross on red face a public shaming and loose social credit points in some chinese cities it's already a reality even those who sort their trash incorrectly have to reckon with point deductions in some places as well as the penalties for low scores like losing the right to ride the fast train the point system is scheduled for full implementation across china by the end of 2020 and it will also affect businesses. the new system will monitor whether businesses it here to customs regulations pay taxes pay off loans or follow environmental regulations those who flout the rules face point deductions experts warned that firms with bad scores could be hit with sanctions or

even lose their licenses. it's a completely new system unique around the world that everything relating to the company exists in a single system which produces a single score we fundamentally support this system it's a positive thing to clean up things in china but there are uncertainties and one of them is that it's difficult to see how the score is calculated. it's a system that still remains opaque to most businesses according to the german chamber of commerce 7 out of 10 german firms don't know what the new social credit system will mean for them. from nottingham the director of the university of london's s o a s china institutes joined us save what's fading actually looking for when surveilling these businesses well what beijing is nuking full is on the one hand and a very high degree of corporate social responsibility being is challenged by

western companies and on the other hand it required and that is western companies also feel cations to the chinese government in a communist party so that any kind. will not be cruel just by any of these western companies if the the 1st point sounds quite quite good about the 2nd point and what about these workers who have to be mounted to their entire working day. chinese people are already being subjected to the general application of the social credit system at different all the social credit systems to companies western companies who are not necessarily very good chinese employees of those companies very much but it may well in fact affect the management of those companies because a lot of that requirement to trickle what happens to companies when they don't

score well. well if a company does not score well it will be punished it may mean for example services being withdrawn and access to markets or access to other facilities or much more stringent enforcement of rules and regulations basically if you don't hold in aren't laid down by the party you will suffer the consequences but is there any transparency in the scoring process. well the chinese government. bureaucracy else forcings the rules who will know what to do it will be much more difficult for the companies to know exactly what those means they will know the general guidelines their general principle or what the retina are but fully understanding the actual meanings of ninety's will sometimes change will

be a lot more difficult for western companies to understand saying thanks very much for your analysis. u.s. president donald trump wants to make america a safer place by banning wild way from building its next generation high speed internet networks the chinese tech giant is the leader in its field there is a handful of alternatives. as mobile providers for patter roll out 5 g. across the united states the u.s. government says it's protecting americans that's why it's keeping tight controls on which technology firms are involved in setting up the networks. the lucky trio deemed fit for the job as sweden's ericsson which announced earlier this year it plans to build what it calls a 5 g. factory in the u.s. finland's nakia which is already providing technology for networks in l.a. and new york city and samsung headquartered in 5 g. trailblazer south korea so why limit their options the u.s.

government's bureau of economic and business affairs has been explaining it's very important that we have trust in those vendors for $500.00 technologies when indicator of trust that we're very concerned about is that a vendor not be under the control of a foreign government without appropriate judicial controls and it's not difficult to know which foreign government he's specifically referring to you know with regard to china we know that their national intelligence law has that feature of them being able to mandate that vendors like our way in c.t.e. comply with mandates of their intelligence or security services without an independent judicial review which does us does cause us serious cause of concern. the u.s. has called on its allies to war so the like so far away from involvement in their 5 g. networks has caused tensions with the likes of germany which is keeping its options

open. its 400 years since the 1st record of african slaves arriving in north america the book trade helped build the world economy. but could the mighty us of a have managed to become number one without it he visited me and north carolina. machines make the work for farmers like fred burton much easier back in the days of ancestors sarver had to do it physically supported by looks like maybe the very light 700 for early 18 hundreds were 1st in biology we had. a slice here and one of them was family that was brought down from virginia but knew that the barker industry so that benefited us with the debacle right for a number of years the back farm has been in the families since 754 years bred son john is now the 9th generation to run the farm the tobacco days are over these days

the bird specialized in hay capital and horse sporting. credit braces the history of the farm openly he still has some objects make by one of the slaves were proud to have a mile. agriculture it was not the only field of commerce that benefited from slavery. back in the days there were american banks that used to accept slaves as a form of payment and insurance companies make their profit by specializing in slave policies even some universities were founded by people who made their fortune through employing slaves. floundered years ago the 1st slave ships iraq in virginia marking the beginning of slave trade and labor in the united states ultimately the capital stored in slaves exceeded the combined value of the nation's railroads and factories which lead some historians to argue that slavery was indispensable for the development of the american economy at the time. one of them is dr william starkey he does research about race in the south at the university of north

carolina at chapel hill very clearly there are some roots of american economic wealth that definitely originated on the plantation and through the institution of slavery but also slavery was actually really innovative to the american capitalist system in terms of developing financial networks in terms of accounting practices scientific management to increase worker productivity a lot of those things are rooted in the system of incitement back at the farm fred burgess torn about the issue i wish it had never happened. a lot of things would been much better everywhere had not happened but never on the sly and none of the black people who live around here and i were ever a swipe i may have had ancestors. that were sly but that's 150 years in the past. no matter how far in the past the traces of enslavement will forever remain a part of the american history. let's pick up on some of the points william stuckey

made in that report thanks for joining us a lot of german corporations were built on slavery too but what's new about the debate in the u.s. . well i think what's really new is the recession of 22000 a really sparked a lot of people to look more deeply at the origins of american capitalism and it's this story that we tell ourselves in this country about how wonderful american innovation was at the turn of the century and that slavery was not a silly part of that and so a lot of historians of the past decade or so are going back and looking at some of the earlier connections to the emergence of american capitalism and the group of american wealth and you mentioned that it was very innovative to capitalism how so well you know a lot of people see capitalism and slavery as being 2 different things slavery being the sort of old fashioned old world regional system but slave owners actually measured the enslaved workers productivity in pretty specific way different letters

that they would use there or even publications that you could buy or you could plug in the you know bales of cotton pick per day so you could do x. acts in slave person of a certain age or gender do they pick so many bales of cotton for the next day or so so did was what the productivity. measuring worker productivity something that basically i don't know what set up the working week for us and is that why we slave away today behind our desks 955 days away well i'm cautious not to use that word it's a very different system but i don't think it's all that closely connected but some of the early forms of scientific management of productivity we do see some early connections to the history of american slavery sure. what about looking looking for what i mean it's important to remember these things and make sure kids learn about these things as well looking forward though can can you tell anything. give us any

insight. well one of the important things that we're struggling with here this country is the role that african-americans and other minorities play in that we have this earth that great white men built the country but they often did so with the help of many able bodied people who just simply didn't know how the same opportunities. and so i thank you very much for coming on the show. and i think business.