we were it teach nice kids about racism about police brutality taking kreider who they are these kids are a part of history. during

the great depression which i'm old enough to remember there was and most of my family were unemployed working class there wasn't it was bed you know much worse objectively than today but there was an expectation that things were going to get better. there was a real sense of hopefulness there isn't today. inequality is really unprecedented i'm sure that total inequality it's like the worst periods

in american history. but history find it more closely inequality comes from the extreme wealth in a tiny sector of the population fraction of one percent. there were periods like the gilded age in the twenty's the early nineties and so on when a situation developed by the similar to this. now this purity mostly comes from super wealth. literally the top one tenth of a percent are just super wealthy. not only is it extremely unjust in itself. inequality as highly negative consequences on the so it is awful. because the very fact of inequality has

a corrosive harmful effect markers. to open by talk about the american dream or the american dream is classman dillard it will encourage you or kurt to get rich it was possible for a good worker to get a decent job. to the core of children to school. talk labs. imagine yourself in an outside position looking for mars. what do you see.

in the united states when there are professed to like democracy. in a democracy public opinion is going to have some influence on poesy. and then the government carries out actions determined by the population and that's what democracy means. it's important to understand that privileged and powerful sectors have never liked democracy and for very good reasons. to not proceed puts power into the hands of the general

population and takes it away from them. as kind of. concentration of wealth yields concentration of power particularly so as the cost of elections skyrockets which kind of forces the political parties into the pockets of major corporations. and this political power quickly translates into legislation that increases the concentration of wealth. so fiscal policy like tax policy the deregulation. rules of corporate governance a whole variety of measures political measures designed to increase the concentration of wealth and power which in turn to yield more political power to do

the same thing. and that's what we've been seeing. so we have this kind of vicious cycle in progress. you know actually it is so traditional that it was described by adam smith in seven hundred seventy six he read the famous wealth of nations. he says in england the principal architects of policy by the and they make sure that their own interests are very well cared for however grievous the impact on the people of england there are others. now it's not a merger of manufacturers it's financial institutions and multinational corporations the people who adam smith called the masters of mankind and they're following the vile maxim all for ourselves and nothing for anyone else

. they're just going to pursue policies that benefit them and harm everyone else. and in the absence of a general popular reaction that's pretty much what you'd expect. right through american history there's been an ongoing clash between. pressure for more freedom and democracy coming from below and. efforts it elite control and domination coming from above. because back to the founding of the country. james madison the main framer who was as much of a believer in democracy is anybody in the world that they nevertheless felt that

the united states' system should be designed and indeed was his initiative was designed so that power should be in the hands of the wealthy. because the wealthier there are more responsible set of men and therefore the structure of the formal constitutional system placed most power in the hands of the senate or the senate was not elected in those days it was selected from the wealthy men as madison put it had sympathy for property owners in their right and then should. madison the major concern of the society has to be to protect the minority of the opulent against the majority. and hear argument suppose everyone had to vote freely as they will the majority of the poor get together and they would organize to take away the property of the rich and he said

that would obviously be unjust so he can't have that so therefore the constitutional system has to be set up to prevent democracy. which is of some interest that this debate has a horrid tradition goes back to the first major book on political systems aristotle's politics. he says of all of them the best is democracy and it only points out exactly the flaws that medicine put into. if it's into a democracy for free men the poor would get together and take away the property the rich. well same dilemma they had opposite solutions or settle for posed what we would nowadays cool welfare state is and try to reduce inequality.

so the same problem if said solutions one is reduce inequality will have this problem and the other is reduced monikers. if you look at the history of the united states and see that it's mostly coming from the population pressure from below and you get this constant battle going on periods or aggression periods of progress in one thousand nine hundred six for example were a period of significant democratization. sectors of the fabulous sure that were usually passive epis it became organized active story pressing their demand. and

they became more and more involved in decision making and to resume and so on. they just changed consciousness and ways. minority rights. we don't want. to see me. women's rights. or. injure. for the damage you think that america has. and i supplied. the safety to provide opposition to aggression through to those who criticize us on the militancy bondeson they are serious about lawn on the provider of the vietnamese people wrong wrong black people and what people can turn for

other people one day we must ask the question. for the million poor people in america when you begin there must be a reason across the mouth of the system of broader distribution of wealth the question of restructuring the american society these are all symbolizing the fact. that coast create fear. her. hadn't. anticipated the power of a should have but it didn't then to speak the power of the reaction to the civilizing effects of the sixty's did not anticipate the strength of the reaction

to it. the backlash. joined me every thursday on the alex salmond's show and i'll be speaking to guests of the world the politics spoke this list i'm showbusiness i'll see that. serve them leave you to get up off the ground to serve begins again. temperance on the sounds are kind of fighting into the grown man like wrestling essentially the officer who. threw his own. individual twisted away from the officer holding the toys out of his crib. the obvious or did they kind of

lunge for the weapon once missed and then what happened on tree swung at the hands didn't hit him i never saw any contact between the two any kind went back to where they were an officer pulled out his gun and he did it on three. the days if you it has become at that has become at that what you thought is they in the days if you it gives it not think is that one thing is it is leaving days if you it did yes even more figures forty eight odd because it gives three decks thought there's a given voice. and i want. to shout out to get up on top of that a. possible solution if they had left it and i wasn't one. doesn't usha. i didn't listen.

to it and say i give them a second how do you man this have a for an. hour that you don't need to pass it on sat there for isn't and never was never post and. there has been an enormous concentrated coordinated business offensive beginning in the seventies to try to beat back the golan tarion efforts that went right through

the nixon years and you see it in many respects over on the right you see it in things like the famous poem memorandum. sent to the chamber of commerce made. your business will be later supreme court justice powell warning that business is losing control over the society. and something has to be done to counter these forces of course he puts it in terms of defense defending ourselves against an outside power. if you look at it it's a call for business to use its control over resources to carry out a major offensive to beat back this democratizing wave.

over on the liberal side something exactly similar the first. major report of the a trilateral commission is concerned with this. called the crisis of democracy. trilateral commission is liberal internationalists in their flavors indicated by the fact that they pretty much staff the corridor ministration. and they were also told that democratizing tendencies of the sixty's and so we have to react to it. they were concerned that there was an excess of democracy developing. previously passive and obedient parts of the population or sometimes called the special interests who were beginning to organize and try to enter the political arena and they said that imposes too much pressure on the state can't deal with all these pressures so

therefore they have to return to a city and become the politicized. and they were particularly concerned with what was happening to young people the young people are going to free and independent. in the way they put it there's a failure on the part of the schools the universities churches the institutions responsible for the indoctrination of the young are there for it's not mine. if you look at their study there's one interest they never mention private business and that makes sense they're not special interests they're the national interest kind of by definition so they're ok they're a lead the you know how flabby is good by campaign staff the executive make decisions that's fine but it's the rest of the special interest the general population who have to be a subdued. one

that's the specter it's the kind of ideological level of the backlash but the major backlash which was unparalleled this. was just redesigning the economy. since the one nine hundred seventy is there's been a concerted effort on the part of the masters of mankind the owners of the society to shift the economy in two crucial respects one to increase the role of financial institutions banks investment firms and so on insurance companies. but a two thousand and seven that's. far beyond anything in the

past. back in the one nine hundred fifty s. that's. for many years before the united states economy was based largely on production. in the united states the great manufacturing center of the world. financial institutions used to be a relatively small part of the economy and their task was to distribute it in buying our way and had on hand a reserve of money. holders to monitor on the back of the reserve bank can create gratin call be tied to providing an. auditing money i'm banker of the community by making the national credit available for many purposes for a manufacturer to meet him during my coming period to unlock and remodel her car

and her money on a good reason why people are always needing more granting and i have immediately available. that's a contribution to the economy. regulatory system was established banks were regulated the commercial investment banks were separated to back very risky investment practices that could harm private people. there had been remember no financial crashes during the period of regulation by the one nine hundred seventy s. that changed. the sort of getting the shoe increase and the flows of speculative capital just astronomically increased an enormous changes in the financial sector from traditional banks to risky investments. complex financial instruments money

manipulations and so on increasingly the business of the country isn't production at least not here. the primary business here is business. you can even see it in. the choice of directors so the director of a major american corporation back in the fifty's and sixty's was very likely to be an engineer and as somebody who graduated from a place like mit maybe industrial management more recently the directorship in the top managerial positions or people who came out of business schools learned financial trickery of various kinds and so on. by the one nine hundred seventy s. say general electric can make more profit playing games with money than you could by producing in the united states. you have to remember that general electric is substantially a financial institution today it makes half its profits just by moving money around

in complicated ways and it's very unclear that they're doing anything that's of value to the economy. so that's one phenomena let's go financial ization of the economy. going along with that is the oil sure and production. trade system was reconstructed with a very explicit design of putting working people in competition with one another all over the world. and what it's led to is a reduction in the share of into on the part of working people. it's been particularly striking in the united states but happening worldwide it

means that an american workers in competition with super exploited worker in china . meanwhile highly paid professionals are protected they're not placed in. competition with the rest of the world far from it and of course a capitalist free to move a workers are free to move labor can move but chattel can well again going back to the classics like adam smith as he pointed out free circulation of labor is the foundation of any free trade system but workers are pretty much stuck the wealthy in the privileged are protected so you get obvious consequences and their recognized in fact praised. policies designed to increase in security explained his success in running the economy as based on what he called greater worker insecurity. a typical responding to some detailed in

testimony last month i believe that job insecurity has played the dominant role workers in security are going to be under control. they are not going to ask for say decent wages were a decent working conditions or the opportunity to free association meaning unionized. now for the masters of mankind that's fine they make their profits but for the population it's devastating. for these two presses financial ization and offshoring are part of what led to the vicious cycle of concentration of wealth concentration of power.

you know world of big partners through law and conspiracy it's time to wake up to dig deeper to hit the stories that mainstream media refuses to tell more than ever we need to be smarter we need to stop slamming the door. and shouting past each other it's time for critical thinking it's time to fight for the middle for the truth the time is now for watching closely watching the hawks. is trumps america first agenda isolating the united states on the global stage sure looks like it is the e.u. telling its citizens what to think again sure looks like a. rule of law to go oh oh dear it's no. been

a real good shops to begin murders controls all life. becomes our last community young people are deciding if they want to not like their parents not like the liberals. the blacks are always struggling schools again you always have problems but you are going to focus a lot is the most ubiquitous going out there most police departments use it almost every stores in the school that they could get their hands on in common with them twenty four hours. we were teaching these kids of both racism about police brutality taking cried of them they are these kids are a part of all history. you know if i can say that i own for example all the brooklyn bridge. i and i sell

a bond against the brooklyn bridge myself billion dollar multibillion dollar bond against the brooklyn bridge while they actually somebody at a company say ok we'll deliver them the brooklyn bridge and i say why can't i have a deed just like in the two thousand a subprime crisis there were no deeds for the houses that goldman sachs i could says collateralized brokers obligations and then sold into the fashion market and the wholesale derivatives market because they didn't have the deed they were just making stuff up by pulling rabbits out of their hat selling that as a yielding security to pension funds but there's nothing.

new zealand six tougher gun laws after friday's up mosque shootings in which fifty people died as facebook faces questions over a live streamed video of the atrocity. now listen sucker go me a favor if you see somebody shooting and killing people shot it down you're talking about keeping people willfully blinded from the sayings willfully blind said but you're not talking about prevention how will this prevent it. just two days to go until the u.k. is supposed to leave the european union prime minister is dealt a new setback as the commons speaker moves out of the problem into the vote on teresa mayes break the plan also this time.