the twice a sensible global economy and it's on changelings us financial template these are the resources limiting you to me to you don't put into markets in taking on the rich to be seen trade imbalances we say see look see the nations close to collapsing in some time alone foreclosed homes. fail so we played once again feel a little like think is a us crash seven in. feeling it seems. as if it's not season and streaks behind i think bruce springsteen just programs increase good to an economist. nine thirty am in moscow these are your r.t. headlines the release is imminent of captive israeli soldier gilad show even exchange for palestinian prisoners but the families of other missing soldiers want to know why israel's doing nothing to bring them home to serbs in northern kosovo

given an extra day to remove roadblocks at a border seized by kosovo police last month locals say they won't get in unless the officers leave. new york police under investigation over claims of excessive force during the anti wall street protests some officers seen resorting to punching and pepper spray of peaceful rallies. stating with that topic up next r t spotlight focuses on what some are calling america's october revolution to ask why the occupy wall street movement is gaining so much traction stay with us. hello again or welcome to the spotlight they are very shallow on our feet i am algeria when they were talking about the basics how the revolution in the united states which is called occupy wall street america is right thousands of people

marched through the country's main series protesting against corporate greed social inequality and big money moving before the demonstrations began several weeks ago and although they are mostly peaceful several hundred people have been arrested around the country the protests have spread outside the u.s. the fading of europe and asia what's the latest from the occupied wall street spotlights a new it's made of the story. the occupy wall street movement started just the a month ago with a thousand disciplines marching through new york people's anger was aimed at the financiers who the protesters believe caused the recession and got away with it by being bailed out by the government. the movement's website says it wasn't spied by the arab spring which initiated a series of revolutions in north africa this year. occupy wall street slogans

targeting economic inequality and corporate greed if the two have great appeal with near a movement springing up in major cities across the us before long occupy wall street when the global war saturday vents inspired by american protesters took place in one hundred fifty cities in eighty countries around the world. the movement's been most enthusiastic cream braced in crisis heat europe demonstrators there protested over unemployment and. stary carts imposed in exchange for e.u. and i.m.f. bailouts the most violent really happened in the room where tens of thousands took part seventy people were injured and to the review result damage was course to the historic city. that was you know the meter with the latest from the occupied roll three thousand

my guess in the studio today i director of the institute for global research and social movements boris. and joining us via skype from san francisco california is kevin that of her the co-founder of the global exchange human rights organization can in in the united states first of all and also joined by people in other countries can we call it can we call it the the great so we're socialist revolution people are they actually do want socialism do they well it's it's it's very it's a capitalist it's very it's a capitalist here in the united states sometimes not is explicitly using words that you know name capitalism or of your elysium but it's very much against the bed but finance sector all of our wealth is going sucked up into finance sector and they're not spreading it around they're not investing and they're not lending you know and that's part of the economic crisis and united states and i think we're seeing it

everywhere as as your introduction said eighty countries now on saturday we had protests all across the united states we my organization was involved in the one here in san francisco and it was thousands of people out in the street we marched from the federal reserve bank to city where the city government is and then back down to the reserve bank which controls the interest rates and united states a very nasty institution congress wonders what does a global research say is and to. capitalist today this it mean pro-social is the way of pro-communist well definitely not pro-communist at least not as old as we remember it from the nine sound is but i think yes there is a tendency towards bracing there are laughing when you use their socialist manners . in their limited sense of cos. of course

people are concerned with their welfare state i guess and limiting the power of corporations. to much less extent they discuss the possibility of nationalizing them or yanks for operating the property or anything like that i think so far it's not all that jandek least explicitly so i think in the long run that means of the leftist kind back as the global force and that also means that their society is changing and they're the geminis different in that sense people who lived in the values of liberal capitalism they don't believe in these values anymore kevin ed what's the what's the principal goal that that they're that the one wants to reach is there though yeah i think that mean thing is that people want to be hurt people feel left out of the system the richest one percent of american families all more wealth stocks bonds real estate the stuff that matters the richest one percent own

more wealth than the poorest ninety percent the middle class what used to be a fairly large middle class is getting crushed and getting squeezed out we have college students who are coming out of college with a college degree and a whole bunch of debt to be paid off that they had to take on that day their tuition and now they can't get just so there's a lot of anger and frustration but it's not just young people it's guys like me with gray hair here and i think what we're seeing is this is a result of all. educational work that guys like poorest and myself and all the books we've written over the years and all the public speeches and the environmental movement the civil rights movement the women's movement it's all culminating in this where people realize this is the beginning of the first ever global revolution we can't solve these problems on a nation state basis the problem is trans national capital movements are trans

national the average stock in the united states is owned for less than ten seconds it's computer algorithms switching big capital around so the small investor or the person trying to nurse their retirement money doesn't have a chance of standing up against these big financial institutions they crashed the economy with a lot of crazy instruments based on real estate they created a real estate bubble burst they got bailed out by the federal government trillions of dollars and then they go when they got bailed out they didn't lend them they're not lending the money to us there are all sorts of really good companies that can't get loans now and can't get the economy going again the money is all concentrated in the top one percent of the population and that's why the movement has taken this ninety nine percent slogan as one of their key slogans we're are the majority it's

supposed to be a democracy but money is what rules washington we see it even with barack obama a liberal democrat wall street has control of his policy and people are fed up with earth it seems to me that in the twenty first century the world is going i mean it's over upside down all the former socialist countries all the eastern bloc countries including russia they want their building capitalism they want capitalism in their countries now the western countries they seem to. once and they don't want capitalism anymore you saw that slogan five minutes ago capitalism does not work it's not working so they want socialism so. do you really feel that we are on the threshold of the i will global revolution as kevin just put it well actually i agree with kevin we would tend to agree with kevin almost every time we discuss things we fight over little truly discuss the cabinet what kevin is saying today

and what ninety nine percent of americans are telling us today is what we read in our communist textbooks not exactly what we were not. learned in marx i don't ok with that not britain and iraq it was landmarks i'm not ok with gresham and one thing which is very important for karen and for myself and for most people who are involved in the movement is democracy it's very much a god democracy it's not true we leave the girl crecy in charge no it's not about. moving very sources from big corporations and getting them into the hands of a centralized bureaucracy brashness style no it is very much a grant establishment's of a democratic system of control over resources and that's this is not like this sort of style communism neither it is of course capitalism in the corporate sense corporate form as we know now it's about creating a new democracy which is

a long people to control the resources kiran when you go away when you started this movement what are you ready to face the facts that pretty soon you will be joined by but by so many supporters around the country and around the world well we've actually had this experience before i did a lot of work on the international monetary fund and the world bank so orson i first met each other doing a global economy working trying to explain to people look the thought. an insect there is turning the economy into a casino it's all about gambling and they're not investing in productive investment they're creating all these financial investments in english we use the term securitization securitization is when capital itself becomes a commodity so you have a shifting of the wealth into this finance sector and it's not getting invested in

creating jobs and you know building houses and you know creating things that we can actually use shoes and cars and airplanes it's going into financial speculation so that's why you have so much stagnation so much unemployment and this was going on i should point out a crisis that affecting europe and the united states it's been going on in third world countries in the global south for decades and you have the i.m.f. and the world bank coming in bankers from the outside coming in and saying to federal governments ok we'll lend you money we'll give you a whole bunch of money which you've got to follow our policies we want you to be valued currency we want you to sell off we want you privatized your net national resources we want you to open your economy up to let big corporations come in and extract well we don't want unions we don't want your people to be able to have environmental or safety regulations now that's had that's coming home to roost to

countries like the united states and we're getting a little taste of what the third world better nations have been dealing with for decades and people don't like it so the way that we're framing it global exchange the way we're framing this transition is we're going from a world where money values ruled over the life cycle social justice and the environment and we're moving to a system where life values will rule over the money cycle where yes we'll do commerce and use money but social justice and environmental restoration. should we . call it a big global transition and we have to accelerate this transition or the planet stability to support human life is going down great you know all the biological systems are collapsing so this is kind of an emergence. of the popular slogan of the movement is we are ninety nine percent is it true but it is an exaggeration or

are well maybe there is a bit of an exaggeration but i think it's entirely percentages that you're eight hours you say nine thousand eight hundred seventy you know there is something different here and what i mean is that when people account on her for example. started their campaign in seattle which was nineteen ninety nine that was definitely a minority movement it was a very attractive very exciting wary young minority movement and now for the first time you see that the majority of americans are supporting these people and around europe at the same picture and by the way speaking about russia i think russians are very passive so far but in terms of passive support so to speak russians are sympathetic with the mood of the majority of people are sympathetic or at least interested or at least trying to understand what's happening because we thought normal good capitalism was there i'll have it and it was wrong it was an abnormal

bad capitalism but some good capitalism existed somewhere and that it was in the west that it was an american and then you see these people in the streets rioting testing. and fighting with the police and then i think. they were in that something more general than just being our problem and i think of that says that dramatic change is happening now the majority i mean maybe it's not made in a percent by the majority is now with this movement for the first time since broadly of the seventy's or whatever say can. danaher the co-founder of the global exchange at national human rights organization who joins us from san francisco california and boris car going to keep the record in speaking from global news search and social move the spotlight will be back shortly after a break through continues from so you stay with us don't go.

well for british scientists it's not the tightness of. the market why not simply. find out what's really happening to the global economy which might stronger for a no holds barred look at the global financial headlines tune in to cause reports on our cheat. commit. to a limited.

just so. it's. just so. to. see. coming. welcome back to spotlight i'm al green of i'm just a reminder that my guests on the show today are bruce calgary let's see who is the director of the institute of global research and kevin there is joining us from san francisco california and he is the global exchange.

chief of the organization called the global exchange jim and while we have been talking about what's going on in america in some other countries of the world i mean the occupy wall street movement well many people say that it has been influenced by by the so-called arab spring or is do you think that there is a connection with what happened you know there really wasn't really definitely that was openly said by the activists in the united states and in european countries though of course it's a much more interesting interconnection because in many ways for example the protests in france which started in two thousand turned against pension reform they influenced massively people in old shiria in tunisia because you know how many

arabs live in france and how many. people have relatives in france among those who live in tunisia for example and of course then for ascot of exported unrest exported revolution to tunisia and then tunisia explorer into egypt and then finally from egypt it was rick's porter to the west so that's us it's really a global process. kevin you mentioned that the mean girls love the movement which is that is that people want to be heard well they people people they want to be heard from like play at least two thousand years but. one of the main things that made the socialist revolution in russia worth nearly a century ago. is that that lenin and the bolsheviks they were not only wanted to be heard but they were ready to take responsibility to take the country to take the finance take a bureaucracy in their own hands and actually to start running the country other people out in the seas today ready to take that responsibility or they just want

you to be heard and to continue to collaborate with the existing government i think part of lennon's brilliance was he was able to he was a good sociologist if you look if you look at his book the development of capitalism in the soviet union he was a good sociologist and he could look at where the mass movement was going and then come up with demands and positions that put strip already at the front of that movement and what so what's going on with groups like global exchange now is we're trying to give some skill sets to these people in terms of how to organize how to run a meeting what is the analysis of the financial system and the fact that it's a global problem it's not going to be solved on a national basis iraq obama is not going to solve our problems one of the issues that we've got going on in the united states is there is

a break in the feedback loop nature always works on feedback loops we have people making policy regarding mass transit never ride the bus we have people making policy in washington about the school system their children go to private schools so the public schools are going down in quality the health system is going down in quality because the people who control health care policy they have very good health care we have over forty million americans with no health insurance and that's getting worse all the time so it gets to a certain point or back up and back up back up and they're willing to take all this garbage and then they get to the point where they're. not going to back up any more and they say ok this is it we're going out in the streets so those of us to have a little bit of professional experience in organizing these things like the protests in seattle against the w.c. go back ten years ago we're trying to bring some professionalism and some training

and some analysis and submit occasional tools into this movement so we can grow and spread and reach out and bring in the police bring in the trade unions bring in the environmental groups and grow the movement and i think that's going to help and i think this movement is going to keep spreading burress you know when things were better than kev and i guess because that's what we said here on the generator we thought we had studied them when we were high school and university well how would you if i to ask you to analyze what kevin just said what would you say what does the movement lack to really become a revolution of the movement lennon would say working class involvement are our well chris certainly stand yes by the trade unions are there but if you're going to treat unions as let him talk us are not the working that they are working class bridges the high ground policy to go get it i think is good but let's be clear i think the movement is just in its initial stage you know as though it's

a growing very fast and it's liking a lot of things but the first problem here is that of course people were used to work through the traditional institutions or western liberal democracy parties parties trade you know elections or whatever courts and so on and that did work in the night and seventy's for example and now the problem is that these institutions they've gone to work for the people the way they used to or it is the way people expect of them to to work and so that's it's a confrontation not just with a gun mantra or with the ruling class it's also a confrontation with existing institutions. which are losing their appeal losing their credibility and legitimacy so that's one big problem which has to be addressed and this is very serious and that's why everything is happening in the streets not in the parliament not through the election and the second thing of course is that the real political force is lacking and it has to be built up but

the point is that of course in reality the movement he's going to parse through a series of stages through some experience to build out of these movements into political forces it will take some time and that's why i think it's not only was going to happen or not but it will happen can have a question to both of you gentlemen to kevin and to boris do we want this movement . to succeed do we want. this movement to ruin the american political system and start building a new one. do we want the system itself to to do so through organize and somehow change and to then to me to and to meet the demands of those who are protesting well that part of the idea of democracy is that informed citizens are capable of getting together in public and reforming the system

demanding that the government we dress their grievances united states for all its flaws and all its bit imperialist policies did a very brilliant thing when this country was set up it was the first political system where government was it was described as a derivative institution a secondary institution it derives its authority from the informed consent of we need to people it's why our founding document the us constitution our basic law starts with the words we the people and if you look at people like thomas jefferson two term president third president of the united states he said on the altar of. god i pledge undying hostility to any government restriction on the free minds of the people and free minds of the people were supposed to be the bedrock of democracy and now the reminds are the people have the internet so they can see

what's going on around the world they can hear from the people protesting in egypt and other countries and we start to realize wait a minute this is not a us problem this is an international problem it's a global problem we're either going to have it leak globalization that's about guns and money or we're going to have people's globalization that will be about social justice saving the environment those are two very different agendas and i think that's why you see if you look at the press in the united states and to meet you in the united states the big corporate media and the corporate politicians there didn't announce in this new look they're lying about it they're saying oh it's a bunch of hippies there are drugs you know all this kind of stuff we have ph d.'s we write books about this we're not uninformed we're more informed than those members of congress so this is this movement is going to keep growing and that's a good thing thank you thank you very much kevin thank you and just a reminder that my guests on the show today were kevin barry the co-founder of the

global exchange national given rights organization who is joining us live from san francisco california and voters covered let's keep director of the institute for global research and social movements and the third for now from all of us who did that with more firsthand comments on what's going on in and outside russia until then they are a party and take it. as a. download the official t.f. we condition you on the phone called touch from the q sampson. my.

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