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tv   [untitled]    October 7, 2012 4:30am-5:00am EDT

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was a farmer. as an assistant. as a friend. as a relative delivering post and delivering. more news today violence is once again flared up. these are the images cobalt has been seeing from the streets of canada as. china corporations are on the day. today i'm talking to you was robert skidelsky he's a professor of political economy and also the biographer of john mayne arcanes
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widely considered to be the most influential economist of the twentieth century we'll be talking about what keynes could bring to today's economic crisis builds could ask you first could you explain to me in layman's terms what the government is doing to mend the economy and why you think it's not working well i don't think they're doing very much to mend the economy i think their policies of made things worse. the sad fact is that the british economy has been shrinking slowly almost for a year now rather like a very slowly leaking balloon and the government of been trying in one or two small ways to give it a bit of a stimulus but i think they're quite new initiatives and it's too early to say how much effect they'll have but in general i don't think they will have very
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much effect and so i don't think at the moment they're doing anything very much to help because there's an awful lot of talk about prioritizing the economy and it's the main thing that we have to work on but then on the same time you say that not very much has been done at all one thing is that they're blaming everyone but themselves first of all it was it was the euro crisis then it was the high high commodity rise in commodity prices and so they claim that the policy of a sterile should bring about the recovery but that it's been derailed by these unfortunate external shocks but the policy of a sterile. is basically wrong when there is a lack of private sector demand when banks are lending when businesses don't want to borrow when people are. cutting down their spending because they want to reduce their debt when the government then adds to that sort of downward pressure on spending then it's no surprise that the economy isn't growing is does that come
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from an inherent misunderstanding of how economies actually work on the government's part so i do think it comes from a misunderstanding of how economies work you see i think the coalition came into office with a belief which was often expressed by george osborne that as soon as a spirit was seen to be working as soon as the government committed itself to a credible plan of deficit reduction everything else would perk up there'd be so much confidence that the economy would start growing again but that was wrong because it's real factors not just psychological factors psychological factors are very important but it's the real factors the real market that is available to businessmen that cause them to want to increase. their business and the government was shrinking the market by its policy so it could talk up the economy all it
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wanted but the policies were pointing a different direction austerity we now know hits the poor significantly harder than it's the rates presumably that means that during this recess the gap between the rich and the poor well why didn't even fire yeah that's that's already happening a real real incomes have been going down because prices have been going up a bit and of course welfare benefits are being slashed. a lot of a lot there are lots of cuts in the public services and the rich are better able to insulate themselves against some of these effects for example house prices in london haven't gone down at all especially in the wealthy areas in fact they may be going up a bit so the worlds. of the wealthy has been well maintained but people who have relied on incomes from wages have been hit and of course there has been since the
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beginning of the. recession a very big rise in unemployment even more significant perhaps a very big rise in part time employment one of your colleagues an economist called james keane has suggested a scheme that he calls quantities of easing for the public saying that the debt that private individuals have needs to be reduced under the scheme he says that cash should be issued to individuals and those with debt would have to use it to pay that debt down and those without it would have a cash injection it sounds like a great scheme and do you think it would work but well i've suggested this as well in an article in the new statesman last week yeah that's fine i mean if you put money in that into the hands of the people. and make sure they as you say spend it in one way or another. then i think that gives a boost to the economy because they could increase their spending and therefore set up a demand for shoes and clothes and food and all the things that people spend money
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on and so that'll be good for business that's yes i think that's a good idea actually suggested that the government give every household one hundred christmas present time limited so they need to do something with it can't just put it under the bed would that kind of policy be popular people were constantly hearing that there is no money now i think it would be popular i think everyone enjoys getting christmas presents and people really expect them from the government we've seen a europe wide backlash against austerity what do you think prime minister david cameron's chances are being reelected if he continues if this territory continues if there's no change of policy if the measures that are now being proposed small or is in effect. it was one things there may be then i think his chances of winning the next election a very very small. because i think that there won't be
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a recovery his best chance of winning an election in two years' time is if there are proper green shoots of recovery and people can see them and then if they're feeling better about the economy they're feeling better about their prospects they're feeling better go about getting jobs and feeling better about getting more income then i think he'll benefit from that and they're have a good chance of winning but i don't think anything like that is going to happen under present policy so i think their chances of losing must be very high it's a keynesian idea that capitalism is a way towards working less and having enough is the current economic crisis is a result of that so it's time that we fall off the rails well that was a very long run i mean that was a long run idea that keynes had that in the end a successful capitalism should enable people to work less. and and enjoy life more and he thought hours of work over time would shrink as we got
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richer but that assume that we wouldn't fall into these holes that you know that progress would be steady and you wouldn't have any more slumps but we're in we're in a slump we had the big collapse and at this point the priority is to get as many people back to work as possible and get as much production as you care because that full speed things along speed the road to utopia. so i think you mustn't confuse the short what needs to be done in the short run and an hour long run prospered one of the things that the railed keynes's theory is this consumerism that we've all fallen under the spell of where we have to work more to buy more to have more. are you worried that more crises will follow because of the way we work and because of what we're working for it's a very good question i think we are consumption mad society and in order to go on
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consuming we have to go on earning money by working and working harder than most people want to and getting into debt and then the whole machine is driven by advertising and that does create a problem it means that as technology reduces the number of jobs and yet we all under this impulsion to consume more and what how do we see things developing what should happen is that on the whole we should give up growth as the top priority. and make sure we have enough work sharing so that people can get work but not most people working forty or forty five or fifty hours a week and then another fifteen or twenty percent not working at all or only working very part time we need to sort of distribute work better among among
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among people who want to work and also make sure there's more leisure so people can pursue you know pursue things for their own sake do things that interest them. and that's the way forward otherwise we're all sort of treadmill and i think you're right they'll be more and more crises as a result of it you know drop it's good else thank. you. if you're passing through rushes to be a region you really can walk on the wild side. thousands of kilometers of unspoiled countryside make up an area where it's still possible to live off the land and enterprising locals so the fruits of the forest by the side of nearly every road such spectacular scenery makes it a paradise for fisherman and provides
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a business opportunity for hunters going on he has been hunting for more than thirty years and works for a company providing expeditions for tourists this season ducks are on the menu of. the two things a successful duck under a blanket and a bubble cycle which means that i need to be very quiet i'm not going to frighten the birds or. office. but when you've been in the business as long as he has the birds don't stand much chance. there are defined hunting seasons in russia but lax enforcement means many animals are killed out of the allotted times which can leave young animals orphaned and unable to survive but environmentalists are fighting back the heart of just us forest provides a sanctuary for the most famous beast in russia it's home to a group who rescue often bear cubs and raise them when they're old enough to fend for themselves the cubs a target taken to
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a remote location and released back into the wild but it's not just bears who find a haven here this is wolf island. here wolf pups have been captured by hunters or bought from zoos have a second chance at life and conservationists have a unique opportunity to observe them these walls are all around four months old and they'll stay in this area for up to three years then most will go back to the wild for good just viewing them from the car was an experience in itself but then after a bit of a bumpy ride came an opportunity i just couldn't pass up. and this is what i was hoping for when i heard i was coming to a place called wolf i had a chance to get close and personal with the locals and it's these guys are going to act as pasta parents for the next generation will come here using the old awards as surrogate parents has already proved
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a successful technique. every i place infant wolves with one year old wolf cubs whose parental instinct is totally shaped and they take them as their own cubs it's an important part of the world's development and a major factor in the success of a project which has seen more than twenty generations of cubs grow up here it's going to continue to take time and money to rehabilitate the wolfs reputation in russia. but the keepers here hope their research and dedication mean that wolf island remains a place where visitors can truly understand the call of the wild. wealthy british style.
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markets find can find out what's really happening to the global economy for a no holds barred look at the global financial headlines to name two guys a report on r.t. .
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the latest news in the week's top stories war looms between turkey and syria after four days of cross border bartman with some experts suspecting the rebels are trying to provoke foreign intervention. five turkish civilians were killed during the first salvo more by syria on wednesday. moscow demands an investigation after a twenty four year old russian student was brutally beaten in a canadian detention center as a doctor's remain uncertain of his chances for a full recovery. and only hours left before but as well as head to polling stations for the presidential vote the current socialist leader is said to be facing his
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toughest challenge ever probably young democrat aiming to liberalize the country's well the pamela conley. up next to the latest sports news with richard. hello and welcome to sports a very great start he was trying to get through the headlines. the russian classico pride at stake his bitter rival sponsor on since. the debate. within touching distance of monster wins for japanese grown breed to move within four points of the leader on the a long time is on the first one. to toss all money a shot out of the eases paul smalley. one organs for world number one victoria azarenka. one of the biggest games of the russian premier league and will get on
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the way a little later today with sponsor. fierce rivals of the luzhniki stadium when i am resigned have been a very inconsistent a season to say the least in the last two games of the league but they'll be looking to get back into winning ways altered. disappointing for the two lost to celtic in the champions league during the meet week will strike a balance and make a return to the starting line up brazilian has been out of action since be end of august with a fine strain. meanwhile serious. five much winning streak end of disappointing to no loss last weekend and to make matters worse for them they'll be one islands or go live stance of five months. after trying to move in that game. elsewhere on sunday league leaders. travel to denominate is struggling near the foot of the table however they have won the last two games and much is due to get underway in just over half an hour's time being who has got
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maximum points in their last outing car while the champions you need some petersburg to travel to f.c. cross that are looking. for games. we will look at mighty moscow missed out on the chance to go level points of angie on saturday spain lost one nil against. you ought to be getting the only goal of the game see shots twenty minutes from time to keep a diary or crease each. word reduced to ten men time running out as our received his marching orders however side from crossed are held on for the points which moves them up to fifth over roman remain in fourth. but all over in england chelsea have gone four points clear at the top of the premier league table after coming back from a goal down to win four one at home to norwich goals from foreign taught is. given the blues because it's evident stay further despite drawing with wigan west
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brom a fourth up to beating rock bottom keeping are free to also also came from behind to win free want to waste time swans in reading share the spoils or champions munch the city bids from berlin by three goals to nil. in spain real madrid coach. expects the world to stop. to watch his side play it league leaders an arch rivals barcelona in sunday's old classic are champions of the hours six in the league and eight points behind the kaplan giants were just six games gone in the new season but marino feels the pressure is on both sides but on a good show. that will stop. everybody wants the big match. and both teams. i would say the street dealers. have the responsibility. to give the world what the will. so. but it's a lot of the real madrid and. the referees them that have the possible. to form the
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one where written champions about them be tell moved to in just four points fernando along the overall standings after a victory of the japanese grown pray the german start of a race from pole position in this red bull was dominant coming home twenty seconds ahead of ferrari's felipe massa come or you could buy your share of solver finish head of the mclaren jenson button and lewis hamilton tells teammate mark webber could only come home a ninth after he lost control of this car at the start of the race things were much worse for the overall leader fernando alonso who had to retire after a crash on the first lap. this is the overall standings look seventy champion the tail is within striking distance of a longer now as a german looks a third drivers' title in a row it's not lead the standings so far this season but is now just four points behind the spaniard with just five races to go. moving on to tennis and world
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number two maria sharapova is set to face top rank to be taught as i go in the final of the china open after both went through the violent straight sets sharp of a coming back from a free one down in the first st against a local star now leave for a. in germany never look behind securing a six four to six lob when it was all in kershaw a slow start to marc klass money on the telly six four six two am that the russian will be hoping to extend her good run of form of insurance cover of a beating the russian in the last five point five hardcore battles between the two . meanwhile the world number one novak djokovic is on the way in the men's final of the china open he's up against joe will for france in the joke of it she's currently for free in the first set so far. we're going to ice hockey in zendo charge didn't get the winning start to his career that he'd wanted as his left side romber wrong in a row for free for a legacy couple chokes skansen petersburg russia ninety one all four games against
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their opponents in prague last season and they wasted little time you can munition of him. for ten minutes into manchuria ready. three goals from one of the ski to tikkun out over the hosts for buying to level to make it two to the falling behind again in the second period live made it three goals apiece in the third thanks to your complete this. victory with time running out for three the collie's team is how it ended. well elsewhere on saturday evening mark in was on the losing side as middle look at miami the goal slipped a heavy defeat in overcalls nance nobody's one of them got almost broke one of the road. well that's been pretty weak since the n h l lockout was announced since then the cage show has been getting stronger and stronger with the world's brightest stars moving across the ocean all to bring some most spectacular moments from
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a continental hockey league has that's had to offer over the last ten days.
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i've. led. a little
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. wealthy british style holds. to its right on. the down. market why not. find out what's really happening to the global economy cars report. is.
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my parents really truly honestly believe that what had happened was as a result of my father's exposure to agent orange i was born with multiple problems . i was missing my leg and my fingers and my big toe on my right foot i use my hands a lot in my artwork i find myself drawing my hands quite a bit to me for my hands you know just as if anyone would. but they do tell a story they tell a story of. oxen. while
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. offers an air show and an on a mission museum was about to you. but the residents never profited from the performances notion of coming all the sinners are just there and you look up and there's one tacking on you he's the alpha beta gamma he was all the the final trying to treat his leg out with out there know what they can pinpoint. right now. those shells become income mortal danger and a piece of art. still takes them fan base jacket in making
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some from very. old bombs and. our team. a nation of free credit patient free transfer charges free. arrangement free risk free studio tied free. download free broadcast clothing videos for your media projects a free media oh don the r t dot com. it is.

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