welcome back you're watching r.t. live from moscow these are the top stories of laura's spread across the united states as thousands of angry americans demand the corporate lobby be held accountable for an economic downturn sidelined by the mainstream media protesters in new york and other cities claim civil disobedience is all they have to make their voices heard. clouds of uncertainty hanging over greece has eurozone ministers delay the next release of bailout funds desperately needed to keep the country pull your of bankruptcy that comes after athens announced it would not be

able to meet its dad was using targets just by passing tougher steering measures. plus from the glitz and glamour of high fashion count lost to abusive child labor human rights groups low the whistle on his back a stance cotton industry which turns the government for. the world has yet to see the worst of its economic troubles according to a senior sociology scholar at yale university emmanuela dollar stein thanks that the real crash will come within a few years just as capitalism reaches its natural land and that's in our interview coming up next. thank you very much for being with us today sir. so exactly a few years ago you told me that he was real economic crash is still

a couple of years down the line is that with us right now. you know it's a year or two still down the line but it's but it's very clearly taught me well what's the biggest trouble at this point the united states think european union which is the rest of the world. actually everybody's in trouble but the united states is clearly in trouble european union is in trouble i think it's in less trouble than the united states pretty soon from all of what i eat i think also that the so-called newly emerging countries or the emergent countries brazil india china are also in trouble so i i don't see anybody who isn't in trouble so like you're saying the global financial system clearly broken what is wrong with the modern capitalism that's a very long story but i mean modern capitalism has in my view but that's a long story reach the end of its rope. it cannot survive as

a system and what we are seeing is the structural crisis of the system so the structural crisis goes on for a long time it really started in my view more or less in the one nine hundred seventy s. it will go on for another twenty thirty forty years it's not a crisis of a year or of a rather short moment it's a major structural unfolding of a system and we're in transition to another system and in fact the real political struggle that's going on in the world for most people refuse to recognize. it's not about capitalism should we have or should we not have a replacement. and. of course you can have two very different kinds of views on what should replace it what's your view well i would like a more relatively democratic more relatively galad tarion world that's one view we've never made history of the world. it's possible. view is that you have

a very. unequal polarizing exploitative system doesn't have to be capitalism capitalism is that but you can do that in many other ways some of which may be for worse than capitalism so that's the way i see this of the political struggle that's technically called apply for cation. albus system so. all three capitalistic capitalism system is directly linked to yes its roots are in many ways the in possibility continuing the basic principle of capitalism which is. ceaseless accumulation of capital. and that's the whole point of capitalism as a system and it's it's worked in some ways marvelously well for five hundred years it's been a extremely successful system and what it has tried to do but it has undone itself

as all systems do but it's a dangerous all is social economic and it's an enormously dangerous whatever the pros and cons if you mean is it dangerous to you and to me yes it's extremely dangerous to you and to me. in fact in one of my books i called it hell on earth it's a system in which everything is relatively short term unpredictable and people can live with predictability in the short run and lives. predictability in the long run be can adjust to that but if you don't know what's going to happen the next day or the next year then you don't know what to do and you get paralyzed and that's basically what we're seeing in the world economy right now is a paralysis nobody's investing really because they're not sure that three years from now they'll get their money back so when you're not sure three years from now

you get your money back you don't invest and if you don't invest that makes the situation even worse because people don't feel they don't have much choice and they're right they don't have too much choice the the options are are few and they like you said we are in this shape process and stock question are pros and cons we have no choice but to be in it but to see a way out well it's not a question of a way out we obviously what happens in the bifurcation at some point the thing tilts on we get into a new relatively stable situation the crisis is over we're in a new system but we don't know which one it will be it's very optimistic in the sense that it matters what you and i do in a way that in the normal workings of a system it doesn't matter in the normal workings of the system right you put a lot of energy and everything in the end because back when we're in russia there's

something called the russian revolution right one nine hundred seventeen there was a revolution it was in enormous social effort. incredible numbers of people put energy into it try to support it in x. and y. way they did incredible things and in the end eighty years later you see where is russia in relative to where it was in one thousand nine hundred eighteen in many ways it's back to where it was for not not that far from. where it was same thing could be said of the french revolution enormous so whoever and after fifty years if it were they more than a sort of ripple on a continuous line of. change within their country so what does that say after that the importance of the personal choice that you're talking about thank you and well that point is the situation changes when you get into the structural crisis

instead of a lot of effort. making a small amount of change basically a little effort can make an enormous amount of change because the whole thing is so unstable so volatile that every little effort pushes it maunder action or another so i sometimes say this is the historicism of the old greek philosophical distinction between determinism and free will when the system is relatively stable it's relatively determent a system in which we have relatively little free play when it's unstable or when it's going to structural crisis free will comes into the picture that is to say your action and my action really matter in a way that no they didn't for five hundred years that that's my basic point.

named karl marx as one of your biggest influences do you think he's still as relevant in twenty first century. look karl marx was a great great thinker of the nineteenth century he had all the virtues of his insights and all the limitations of being a man of the nineteenth century one of his great limitations was that he was too much of a classical economist. he. he was too much of a determinist and he didn't see the fact that systems he did see that systems come to an end but he thought they came to an end as a result of. sort of process of conscious revolution and on i'm suggesting they come to an end because of internal contradictions. and everyone is

a prisoner of their target there's no question of that so he's a prisoner of the fact that he was in one thousand nine hundred three think i'm a prisoner of. prepared for twenty first century where. i was formed i mean i was born in one nine hundred thirty if seventy years in the twentieth century i feel that i'm a product of the twentieth century and that's probably reveals itself in the limitations of my thought how much say well it was two centuries different that when you translate it from twentieth to current it's really that different well i think i think the. real turning point was a. series of nine hundred seventy. first of all the wars the world revolution of one nine hundred sixty eight a not. a not an important event in fact i

think of very. the most significant event of the twentieth century more important than the russian revolution more important than the us coming becoming the federal money power in one thousand nine hundred five where there are about nine hundred sixty eight broke the liberal allusion that was. governing the world system either . in fact the bifurcation we're coming into and we have been living in the wake of nine hundred sixty eight ever since everywhere we're saying where ever since then we've been living. on the brink of sixty eight is that hard thing to deal with the fact that. people often say for the last two decades has become more violent and there is no violence i think what it is it is a sense of discomfort perhaps not measuring the actual reality of discomfort but there's no question people were relatively close. in one thousand

fifty's or sixty's in a way that they're not about it today everybody is fearful. in many ways they have right to be fearful but you would still think that all the progress in knowledge. that we like to see more civilized there will be no more wars what does that say about human nature if it says about human nature of the. people who are ready to be violence under many many circumstances i mean. are we more civilized i don't know that we're more civilized. that's a pretty dubious concept in fact first of all of the civilized cause more trouble than the civilized the civilized try to destroy the barbarian the ball very insecure to destroy the civilized the civilized define the barbarians of the others

all the barbarians we are the civilized this is what we're seeing right now trying to bury and all around the world we've been seeing that for five hundred years. thank you very much for this interview. the elite. move. just so. soon to.

see. wealthy british scientists scientists sometimes the tightness of. the market why not succumb to. find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune in to cause report on . the for. news today violence is once again flared up for

the full these are the images the world has been seeing from the streets of canada after the first chunk operations or the day six. for spread across the united states as thousands of angry americans demand the corporate lobby to be held accountable for the economic downturn sidelined by the mainstream media protesters in new york and other cities claim civil disobedience is all they have to make their voices heard. clouds of uncertainty hanging over reason as eurozone ministers away the next release of bailout funds desperately needed to keep the country clear of bankruptcy it comes after athens and now so would not be able to meet its debt reducing targets by passing tougher staring measures. plus the problem of the glitz and glamour of high fashion catwalk stube

use of child labor and human rights groups blow the whistle on its back to stance cotton industry which earns the government's fortune. i'll be back at the top of the hour with more of the you in the meantime andrew will bring you the latest sports news. hello there thanks for watching the sports and these other headlines. are always fighting to avoid a china crisis in beijing what a first right andy roddick's suffers an early exit. plan through green strike a deal do get his first call out to the russia for pulte market as you call it is ruled out euro qualifier. on the bad return home from the rugby world cup to tip the welsh language kingsley jones as their new head coach. well let's start with eternity where world number three beard is about battling to avoid an early exit at

the china open after taking the first six for against a low over the czech one the next six three a levels the match that has gone to the deciding set where the russian does appear to be back in control she's three games to love out in that one well earlier rushes and to see a public change if it did make the third round of comfortable straight sets victory i would worry josie martin sanchez and later on marie curie length face u.s. open champion sam studies that per second time in two weeks after beating the strain. well that was a staff a women's the women's number one caroline wozniacki in her opening match the defending champion was up against the n.c.d. take lisi i think there on the world number forty eight displayed some sort of baseline play to seal the first set six three was the ascii though it was back with a vengeance in the second to take it to love but was again made to work in the decided before putting in a love. seven by. one more misery was the dance that long because notes of on

monday the russian admitting it's been a bad season are crashing out under a band of each in the second round also bowing out with the sleaze francesca schiavone who was shell shocked by the backing to many. she spoke about. the men's draw me go usually has beaten world number eleven nicklaus the road that's the fourth time in four meetings the russians got the better of the spaniards the other big name playing today joe will free to tsonga he faces both carries up and coming twenty rows greegor he drove. but it is by by andy roddick the former. former champion falling out the first hurdle in beijing the american sixty eight going out to lesser known kevin anderson the south africa anderson smashed eight aces and some classy winners to infuriate a short tempered and out of sorts roddick six four seven five was the final score in this one i now know charles part of the city rivals phenomena for

one in last night's moscow darby in our one hundred home advantage and other western conference leaders and so we're expected to write that spot for a lot alexander you called it the first in the i mean period stephan that he got the second one follows the back in march so i did at the end of the second period. then you got the karloff got the force. before the. cells with the strike from then despite the victory spartak stay in the western conference. now another nice they'll be a new face in the russian squad for that the remaining euro two thousand and twelve qualifiers rubin strike it out to be a dear view has received his maiden call up to fill the void left by the injured alexander could you cough who hurt his ankle at the weekend twenty three year old the dude has scored three goals in twenty games since the start of the domestic season while coach the gap has once again overlooked former russia star dimitri

here and started his time at the champions i.x. with a goal after showing it down hard last season believe this russia go to survive on friday before hosting and dora four days later. why did you not in among the scores in the russian premier league this weekend his rubin team mate machete got the goals in there to win over tom it is time now to enjoy all of the latest strikes from russia's top flight and scholes gloats. lives

to live live. lives

. meanwhile russian rugby players have back for no wales flag kingsley jones to become their new head coach the team arrived back in moscow yesterday after failing to reach the knockout stages of the world cup in new zealand jones is currently the team's assistant coach and is being tipped to replace nick at the helm after he stepped down after their last group game your notions self says is the part that

was planned before the tournament had started but hinted jones would be a good replacement. of the group because through i made the decision to quit that seemed good for the tournament so it's not connected with all results of the world cup i've been spearheading the team for three years now and the side needs new inspiration to new challengers probably appointing an experienced foreigner will be the right choice i hope you could say john stays i think you can say head coach position is easy if he's offered it as you can you could steal the sheer and give a lot to the city i think it is easy it is a top class professional. i'm sure he can do a really good job as well you can call to get what you require start. now to other news in the trying to be used for next year's london olympics has been shown off for the first time and has a traditional reddish appearance to satisfy broadcasters i t v companies wanted it to compliment the white and black seats in the stadium and the green grass off the

field among the first to try that with schoolchildren as well as british athletes and they praised the surface which is similar to the one used at the recent world championships however there are concerns about the tracks long term future west ham united football club looks set to use the stadium after the games it finished prompting fears the track could then be removed but the british government is determined that won't happen. it was a promise leaving a stadium was a promise that we made. at the time and it made a promise i made to the world in singapore i'm going to. make a promise you should keep them so it is very important for athletics in this country to have a state in that's capable of pasting a world that's really separate and to have that legacy for future generations growing up in and around the state of london is incredibly important to us and that's before you've looked at the one hundred million minute brings the london economy to the north caucasus has long established itself as a supplier of russia's world and olympic champions particularly in wrestling and

boxing but traditional sports are also held in high regard their reports from the festival and the sudden mountains. aiming to become a tradition in itself the caucuses games of foot quite a selection of traditional sports to cheer on for the second year running hardly any of them stand a chance of global our limbic recognition but that was never de gea preserve in the asian culture as well as getting people together is what this competition is all about. christmas and i'm sure our festival the caucuses games will become recognized among this country's big tournament it's events like these that promote respect and friendship between the peoples of the multi national country which is russia the presidential envoy to the region also a sad little imp expose will feature in the games next year well with or without

them there was still plenty of action to keep the audiences and to taint the tug of war clearly the crowd favorite. still trace in old beach with a hint of cheating of the ever popular beltran sling. which is not dissimilar to the more established greco-roman style the fans and athletes alike enjoying the process and it's been pretty i really love the games the competition here is high and the spirit is great i wish we had more events like this. and it turns out these games are not just for fun or the joy of taking part sample and to use them as a springboard to possible stardom and. the nice season is about to start first the championship of the republic and then the national one i want to improve my sporting career. developing new styles is important so probably more essential is

the legacy the games will leave behind as in the wake of the festival the money has been promised to build a complex for more conventional sports in the region so a new generation can grow up to succeed the two hundred and fifty local athletes currently vying to compete for russia at the london olympics held richo. cannot sell the got signed for for the mind's eye coming up next here in r.t. it's red. we'll. bring you the latest in science and technology from the ground plus. we've got the future covered.