welcome back this is archie lark from moscow and here's a recap of our main stories protest against wall street and corporate greed go in nationwide in the u.s. and in this fight hundreds of arrests demonstrators say the mainstream media is ignoring the rapidly growing campaign. euro zone's finance ministers put off a decision on a crucial bailout loan from greece after athens admitted it won't meet deficit deadlines but i agree greeks already claim be a certain measures imposed by the government and. leaders transitional leaders name

a new cabinet to govern the country until it's fully secured meanwhile as you get off the troops continue to bother the colonel's besieged gobble the serbs push the red cross says is suffering from a humanitarian crisis. the us every euro zone continue to struggle financially with the worst could be yet to come next we speak to seniors astrology scholar at yale university in ottawa wallerstein believes the real crash will take place in the next few years that interview's next. thank you very much for being with us today sir. so exactly few years ago you told me that the real economic crash is still a couple of years down the line is that with us right now. i 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 the european union just the rest of the world. actually everybody's in trouble but the united states is clearly in trouble the european union is in trouble i think it's in worse trouble than the united states where it's in trouble and what i eat i think also that the so-called newly emerging countries or the emergent countries brazil india and china are also in trouble and 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 been my if you will but that's a world 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 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 a should we not have a should replace it. i'm right of course you can have two very different kinds of views should replace it what's your view well i would like a more relatively democratic more relative big alex area more that's one view we've never had to have a history of the world. it's possible the other view is that you have a very. unequal polarizing exploitive

system doesn't have to be capitalism capitalism is that what you can do that many other ways some of which may be far worse than capitalism so that's the way i see because of the political struggle that's technically called a bifurcation. of a system so the bifurcation capitalistic populism system is direct. yes its roots are in many ways the impossibility of continuing the basic principle of capitalism which is. since the communication of capital. 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 it has undone itself as all systems do but it's

a dangerous social economic and so enormously dangerous to 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 in short term unpredictable and people can live with predictability in the short run and living. on predictability in the long run we cannot just survive 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 but people don't feel they don't have much choice and they're

right they don't have too much choice the options are few and rightly said we are in this shape. cause we have no choice parts of being it can see a way out well it's not a question of a way out we obvious what happens when applied for cation at some point the thing tilts and we get into a new relatively stable situation the crisis is over we're in a new system and 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 of back where in russia there's something called the russian revolution right one nine hundred seventeen there was

a revolution it was an enormous social effort right incredible numbers of people poured 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 thirteen in many ways it's back to where it was or not not that far from. where it was same thing could be said of the french revolution enormous so whoever and after fifty years of war they are more than a sort of ripple on a continuous line of. change within their country so what does that say that the importance of the personal choice that you're talking about here and well that point is the situation changes when you get into the structural crisis instead of

a lot of effort. making 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 in one direction or another so i sometimes say this is the historicism nation of the whole greek philosophical distinction between determinism and free will when the system is relatively stable it's a relatively determined a system in which we have relatively little free play when it's all unstable 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 they didn't for five hundred years that that's my basic point

now that you've always dreamed karl marx as one of your biggest influences do you think he's still as relevant in twenty first century will. 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 a sort of process of conscious revolution and i am suggesting they come to an end because of internal contradictions. and everyone is a prisoner of their time 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 the fact that three dollars twenty first century where. i was formed i mean i was born in one nine hundred thirty of 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 those two centuries different that you translate it when it's really that different well i think yes i think the. real turning point was a. serious one nine hundred seventy. first of all the boers the world revolution of one nine hundred sixty eight a not. a not an important event in fact i think of three. of the most significant effect of the twentieth century more important than the russian revolution more important than the us coming becoming

the. power in one thousand nine hundred five where there are. nine hundred sixty eight rope for a liberal allusion that was. uncalled for the world system. in fact the bifurcation we're coming into and we have been living in the wake of nine hundred sixty eight ever since everywhere are you 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 that people were relatively calm. in one thousand fifty's or sixty's in a way that they're not talking about it today everybody is fearful. in many ways

they have right to be fearful if you would still think that with all the progress in took knowledge of the fact that we like to think we're more more civilized there will be no more words what does it say about human nature it says about human nature of the. people are ready to be violent and there are many many circumstances i mean. are we more civilized i don't know that we're more civilized. that's a kind of dubious concept in fact first of all of the civilized cause more trouble than the civilized the civilized try to destroy the barbarians and the barbarians which are to destroy civilized the civilized define the periods of the others all the barbarians we are the civilized this is what we're seeing right now trying to teach the barbarians all around the world we've been seeing that for five hundred

years now thank you very much for this interview ok. even if this. secret. is the essence. life. whether it is a produced press. or a shamanistic which. crossroads of richmond's. say for strong spirit is hard. to. come from our hero. we hear it

because our patch outs that. god from is them this milind belongs to. will if they are still going to be thinking. and goal chosen people will not believe that god is the real state as you say look at this that is this for you guys of this god as for you. under the law this is a. different might not then. probably. look up to. the top. your social implications and your own phone called touch from the dumpster. she is on the. video.

smiling little girls. on the registry in the palm of your. comb. the lead story is on our t.v. sets wall street and corporate greed go nationwide in the rough and despite hundreds of arrests demonstrators say for the mainstream media is ignoring the problem of growing. fears own finance ministers the top of the system on who shall bailout loan for green sour apple submitted to going to meet deficit deadline some but advocates already claim to be a steady mashers even those party government are untouchable from where this transitional leader's name a new cabinet to govern the country lends police security meanwhile to get off if you seem to need to bomb the colonel's besieged stronghold of sirte which the red cross says is suffering from a humanitarian crisis. i'll have more on those stories in fifteen minutes but for

now all the latest in sports of cake. well i thank you for watching this horse updates come to the head i'm. confident suspects took out the guys playing european qualifiers in russia as i promised my days punch came back here. while i were grounds n.b.a. star i'm very curious because science a three year contract was for cyclists. on a russian charge builds on a law about spearheads the strong russian contingent in beijing taxi caroline wozniacki also helps officers. the thursday before and russia have started preparing for their to remain in euro twenty twelve qualify at slovakia on friday and then it hangs around during four days later well it comes to god but god has

a few issues with his squad it's not going to get injured because missed the latest training session bruising he picked up analogies one they'll defeat at home to look on t.v. on sunday while the two new faces of the big business squad will be in strikeout bloody near ground zero we'll see to graydon call off to fill the void left by newton fleet star exam because he called do not know when the alexander stubb get off but also made his offer to make sure to wince he was ruled out well despite those key changes advocate says still hasn't been for the starting eleven but he's running with confidence. till friday still if you can happen now you're something months but in training or whatever it is you can have to still do right this is in the coaches day it is in the mind and more words can change there's no doubt insecure but still if you could have been away games we did lose a game so that was given show live going to distribute players believe that we can do it. that's a basketball and a decade of playing in the utah jazz in the n.b.a.

and rushing forward and break your leg is returning to moscow to continue his career after signing a three year contract with the thirty year old whose nickname is a k forty seven became a free agent at the end of last season but with the current lockout threatened to stop at the start of the new n.b.a. season he's gone back to the club he played for as a teenager and can return to america if the pay dispute is resolved the army men have won the russian league for the last nine years and booker leg has promised to give all the money. with his children's charity foundation other stars to sign ten contracts such as dallas markets for you fernandez at the great across all brothers part and mark preston is with barcelona like your leg is happy to help expose a training session system. that will be a lockout has given me a chance to play in russia again for my fans relatives and friends and i can teach well i'm still at the peak of my forty's i'm not going to try it of my career but

i'm really happy about the arch. tennis now and world's number three verizon rover has been leading a russian charge of the china open although she needed three sets to reach the ground the thirty seven year old took the first set six three against us are all about how whether to check the betting on the next six or to love a good match if it's done right at least through the decider rushes anastasio probably change her progress to two sets reaching the office is not enough time jeff and rick here olenka defeated u.s. open champion some studies of the second time it's new rigs also using the australians in tokyo while world number one goal line doesn't have to be made like a strain on the show runs in the men's draw russia's mikhail youzhny beat world number eleven nicolas almagro the fourth time in four meetings he got the better of the spaniard. will meet somebody or garry's can go to the trough seven six seven five and check how much worth it one is close to stuff that i can. cost is good enough. so i saw he and spots are city rivals and i'm i for one

a monday nights moscow darby and look i h l well then i'm a house home advantage and all the west and its leaders so respective secrets' up more of the fight but it was spot on i can take a for the leave it son of a corpse struck the first in a serious second because it's got better to make it to no. fellows that i could not sell gas so i would go with number three at the end of the second period watched it when i was new. to the force of the home side to get one back to the bank but it was too little much too late that's why the victory spots x. states in the rest of the national state topped by one point. russia's rugby team has banked for wales frank kingsley jones to become the new head coach the team arrived back in moscow on monday off the failing to reach the knockout stages of the world cup in new zealand and says it's partly the team's

assistant coach who's being tipped to replace nick like notion at the helm to step down for the best last pool game against australia another says his departure was planned before the tournament but he and the players all believe jones would be paid for placement. if the risk i made the decision to quit the team before the tournament so it's not connected with our results at the world cup i've been spearheading the team for three years now in the side news news gratian a new challenge is probably pointing in experience for a new would be the right choice however if you consider all stays i think you can take the headquarters if if he's offered that i think you could you could steal their share and give a lot to the steve i think it is he's a top class professional there are surely going to be really good jobs where you can call to your request or. to the n.f.l. now where the indianapolis colts have some to the third. heat of the season losing twenty four seventeen that's not

a back and it is only cause we're still missing first choice quarterback peyton manning through injury and with kerry collins also out they gave curtis painter the start this so might be another not. yet come if the colts ten in the early in the second quarter. and for example by tied the game with a field goal the pack combined again to give the colts a seventeen tone lead in the. box game swing back to the home side josh freeman three preston pocket for a touchdown that leveled the school once again. and there were three minutes left i think run from garrett blount sealed the win for the bottom is final score again twenty four seventeen.

now scandal has rocked russia's speed skating team ahead of the fast approaching new season sunscreen short track coaches were given them more orders after an apparent abuse of power and see what i mean as a training camp in salt lake city in the usa where the skaters were reportedly exposed to some treatment from jimmy kang he and a couple of his assistants are packed with a reason for going off he who survived and is the champion the last september and by stating is giving a fine quality laps for adopting the wrong pose resting after a grueling training session. meanwhile the athletics track that will be used for next year's london olympics has been showing off for the first time and has a traditional reddish appearance just as well as broadcasters television companies wanted the running arena to complement the stadiums that run seats on the green grass of the infield and one of the first to try it out with schoolchildren as well as preciously. it's praise the surface which is similar to the one of these to the

recent past championships however there are concerns about the tracks long term future of west ham united football club access to use the stadium after the games have finished counting fears the track could both be removed but it's the british government was told that what happened it was a promise leaving a stadium is a promise that we made at the time and it made a promise you made to the world in singapore and it's not their first race and raise you make a promise and you keep them say it is very important for athletics in this country have a state in that's capable of pasting a world that's a good example and to have that legacy to future generations growing up in and around a set of london is incredibly important to us and that's before you've looked at the one hundred million that it brings the laundry coming. and finally the north caucasus has long supplied russia as well as the impact champions resting on its traditional sports are also highly regarded. reports in the festival and this other nonsense. aiming to become

a tradition in itself the caucuses games offered quite a selection of traditional sports to cheer on for the second year running. hardly any of them stand a chance of global really big recognition but that was not a gauge. preserving the asian culture as well as getting people together is what this competition is all about but i see this is a i'm sure a festival the caucuses games will become recognised among this country's big tournaments 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 said that olympic sports will feature in the games next year well with or without them there was still playing to affection to keep the audiences and to taint the tug of war clearly the crowd favorite was i still trace. obed's with a hint of cheating or the ever popular bill translating. which is not dissimilar to

the more established record the styles the fans and the athletes alike enjoy the process that is that so we're going to put it i really love the game so the competition here is fine and the spirit is great i wish we had more events like this that you know. and it turns out these games unlike just for fun all the joy of taking shots some plan to use them as a screen. and much of. the new season is about to start just the championship of the republic and then the national one i want to improve my sporting career. develop a new star is important so probably more sensual is the legacy to get used to leave behind as in the wake of the festival money has been promised to build a complex from the conventional schools in the region so if you generation can grow up to succeed to two hundred fifty local athletes currently vying to compete for

russia at the london olympics we'll get you out to. all that's old school the disposal of a house with. all

. today violence is once again flared up. these are the images the world has been seeing from the streets of canada after. trying to call for a chatroom.