colony 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 wanted but the policies were pointing in a different direction austerity we now know hits the poor significantly harder than ever it's the rich presumably that means that during this recession the gap between the rich and the poor well why didn't even. that's that's already happening 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 world 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 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 if 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 do you think it would work that well i've suggested this as well in an article in the new straits. 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 on and so that'll be good for business that's i think that's a good idea i actually suggested that the government give every household one hundred pound 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 there i think it would be popular i think everyone enjoys getting christmas presents and people really expect them from the government and we've seen a europe wide backlash against austerity what do you think prime minister david

cameron's chances are being reelected if you continue if this territory continues if there's no change of policy if the measures that are now being proposed small or is ineffective as one thinks they may be then i think his chances of winning the next election a very very small. because i think that there won't be 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 they feel they're feeling better about the economy they're feeling better about their prospects they're feeling better about getting jobs and feeling better about getting more income then i think he'll benefit from that and they're there 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 aware. a towards working less and having enough

is the current economic crisis a result of that or is it a sign that we thought of 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 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 can 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 long run prosper 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 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 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 no dramas cadel's can thank you.

in this remote siberians image people still seeing the signs which russians sank in the middle ages and they cherish the ancient rituals practiced by the will set up church before the seventeenth century the old believers here is sign the area are conservative community. of the day are going to need air yet again i feel. that i now am i correct that. i. people here are happy to show their way of life to tourists and to see them how to dance in the local star. seventeen year old nadia is from the same village she now studies in the city and dances at a club. she puts on her costume and the traditional amber necklace only when she

comes to visit her grandmother. i didn't ask on time perhaps else because i want to keep up to date with this morning world but still i would like to have camp my and banged around home my answer since they are very attachment to the church brought not just an sisters to this remote glen to east deflate by call more than two hundred fifty years ago they were exiled in pesah q-tip for not agreeing to the orthodox who forms introduced in washing the sixteen hundreds the old believers still baal and cross themselves with two fingers not with three as they do in modern orthodox. churches in russia and never knew when praying with more and more young people leaving for a big city it's this here is the old believers culture could be imperiled. nazia plans to continue her studies abroad the grandmother says wherever she goes as long as the teen years are fresh in her memory so is the culture.

by horse. by tractor. by car for the road. as a carpenter. as a stove setter. as a farmer. as an assistant. as a friend. as a relative. delivering post and delivering. yes offers an air show and a mission museum what's the matter you. most

of the residents never profit from the performance you'll see of coming our signature there when you look up and there's one captain on your he's the alpha beta gamma he with all the the final. out there know what's going on. right now. shells become income mortal danger and a piece of art. exemption. from some free. are to.

more news today violence is once again flared up. and these are the images the world has been seeing from the streets of canada. operations or the day. wealthy british style sun some time to.

market why not. find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune into cars a report. 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 us story of. the ox and. the

. machine would be soo much

brighter if you knew about sun moon from suns to the pressure. starts on t.v. don't come. the

top stories of today the week on r t syria edged closer to war with. borders shelling. on wednesday for syria and more killed five million. but the rebels are escalating strikes to try and bring about a foreign intervention. into clashes as thousands of students marched in major cities calling for the government to safe schools and not banks and now in spain it's civil servants who are marching for their jobs. and a wrongly accused russian student who was brutally beaten in

a canadian detention center faces a long recovery his family and friends say the countries are not doing anything to help. are no more news from me for now it's time for paul and the latest sporting action. thank you very much rory welcome back to the sports headlines here is what's coming up doggie day at points. as bitter rivals. to lock horns in the russian. moving on world champion sebastian vettel wins the japanese to move within four points of championship leader fernando alonso . taking on a world number one. final of the china right. before us one of the biggest

games in the russian calendar gets under way later on sunday with moscow up against face rivals taskbar at the new sneaky stadium you know i am on a side have been inconsistent this season but have won at the last two. games however they'll be looking to get back to winning ways after a disappointing three two loss to celtic in the champions league in the wake striker well it's in could make a return to the starting line up the brazilian has been out of action since the end of august with a thaw injury meanwhile says carr moscow saw their five match winning streak and after a two loss to now last weekend to make matters worse for the army men they'll be without going to have the starts of five much off the strikingly wilcher in the game. elsewhere on sunday the league leaders and jay have extended their advantage at the top after a two no away victory at the number heading side with down to ten men early on jol call off sent off after nine minutes per second off goals from eurasia conference

on the alexei secured the win meanwhile rubina hosting i'm calling because it's one nil to the visitors before the start of the second half for the champions in a troubled f.c. cross and are looking for their first win in full. meanwhile over in england when just united will try to bounce back from that defeat to talk them as they take on newcastle spurs themselves were looking for their fourth win in a row as they host aston villa elsewhere liverpool face a tough test against stoke city full of errors struck in southampton not much is around fifteen minutes old saying someone through to find the jersey for themselves . now it's a formula one where reigning champion sebastian vettel has moved to within just four points of fernando alonso in the overall standings after victory at the japanese ground breaking the german start of the race from pole position and his red bull was dominant throughout coming home twenty seconds ahead of far east philippe massa. finished third head of the mclaren jenson button lewis hamilton battles teammate mark webber couldn't come home the night after he lost control of

his pal the start of the race other things were much worse for the oval a different number alongside you had to retire after six crushed on the first one. so this is how the overall standings look the reigning champion vettel is within striking distance of a long. now as the german looks for a driver's title in a row he's not like the standing so far this season but he's just four points behind the spaniard with five races left. now to tennis and the world's top two players to go head to head in the final of the china ripen russian maria sharapova is taking on world number one victoria azarenka in beijing it was a poor start for sure up a verse as a runner stormed the door fall of late into the opening set six three and as you can see as around three love up in the second closing in on victory meanwhile in the men's competition world number one novak djokovic was victorious see how to fight hard to take the first second and frenchman joe wilford song on a tie break for the found the going much easier in the second taking at six to play

in the fourth title of the season. now to rugby where new zealand have finished the inaugural rugby championship with six wins from six matches that's after they concluded their campaign with a thirty two sixteen win over south africa having wrapped up the title with a game to spare your blacks were looking to complete the series with a one hundred percent record but i actually fell behind in sweat so placing bryan habana school after thirty minutes past the hosts took a. hard time dressing down from coach the france and change the complection of the match as the visitors went through the gears in the second securing sixty right now just one true away from sensing a four month test playing nation. elsewhere boxing great mike tyson has defended the current heavyweight division and in particular the klitschko brothers the ukrainian geo have dominated the category for the best part of a decade but often criticized for their unspectacular style with some late in the

pair boring. i think it's good it's probably not exciting the way people used to used to like sighing they used to large drama and almost like a soap opera you know when we were fighting but it's very calm and very serene because the champions are that way the clips cause the great fight and you can't take that away from them you know you can't blame the beat everybody in the vision . now as dana shot i was unable to enjoy a winning start to his k h l career was his level side were on the wrong end of a four three thriller against only a couple czech skulls and petersburg the russian outfit won all four games against their opponents from prague last season and way significant time in taking the initiative in this one ten minutes into the match they were already to go up three golds and i'm talking about a seven victory to call north however the high school back to level matters after falling behind again in the second period like maybe three goals a pace in the third thanks to jack a click paste the sculls body matal a second car brought his side to victory with time running out for three is how it

ended. so it's been three weeks since the n.h.l. lockout was announced since then the kontinental hockey league has gone from strength to strength with the world's brightest stars moving across the ocean here are some of the most spectacular moments the k h l has had to offer in the last ten days.

live. live.

live live live .

that is all from the world of school from abu dhabi bought with plenty more in just under two hours time here on r.t. join me that. well for. science technology innovation all the rest of elements from around russia we've got the future covered wealthy british style old time.

markets financed scandal find out what's really happening to the global economy for a no holds barred look at the global financial headlines to name two kinds of reports on r.t.e. . by horse. by tractor. by car where the road ends. as a carpenter. as

a stove setter. as a farmer. as an assistant. as a friend. as a relative. delivering post and delivering. live . alone coming up a barrier like this seems possible. but then you crave something higher. and when you reach stuff you.

know do whatever it takes to get on the top of the world on our t.v. listen listen. listen .

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