tv Documentary RT November 3, 2019 8:30pm-9:01pm EST
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things were going to get better. of 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 of american history. 'd but history fine it more closely the 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 ninety's and so on when a situation will have a similar to this. now this period 6 trillion because if you look at their wealth distribution to inequality mostly comes from super wealth.
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literally the top 110th of a percent are just super wealthy. not only is it extremely unjust in itself. inequality has really negative consequences on the so it is awful. because the very fact of inequality has a corrosive harmful effect on markers and. you opened by talk about the american dream or the american dream as clear as mean do it if it weren't for you or kurt you get rich it was possible for a worker to get a decent job. get a core of children to school. to a collapse. imagine
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what democracy means. it's important to understand that privileged and powerful sectors have never liked democracy and for very good reasons. democracy puts power into the hands of the general population and takes it away from them. as kind of the principle of concentration of wealth and power. 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. clee translates into
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legislation that increases the concentration of wealth so fiscal policy like tax policy a 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 776 he read the famous wealth of nations. he says in england the principal architects of policy are the people on the society in his day
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merchants and manufacturers. and they make sure that their own interests are very well cared for however greed is 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 our selves 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.
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be right through american history there's been an ongoing clash between. the pressure for more freedom and democracy coming from below and the efforts that elite control and domination coming from above. goes 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
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it had sympathy for property owners in their right. to read the debates at the constitutional convention. 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
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a horrid tradition goes back to the 1st 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 manderson pointed out. if absent were a democracy for free men the poor would get together and take away the property the rich. well the same dilemma they had opposite solutions aristotle proposed what we would nowadays call a welfare state to try to reduce inequality. so the same problem that solutions one is reduce inequality will have this problem and the other is reduced democracy. if you look at the history of the united states it's a constant struggle between these 2 tendencies democratizing tendencies that's
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mostly coming from the population pressure from below and you get these constant battle going on periods or aggression periods of progress in 1906 for example were a period of significant democratization. sectors of the fucking lation that were usually passive apis it became organized active story pressing their demand. and they became more and more involved in decision making activism and so on. they just changed consciousness and always.
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minority rights. we don't want. did. women's rates. force it to say. in terms of the. americas. or i go see you know survival opposition to oppression through to those who criticize us. they are serious about law. of the vietnamese people black people and what people can turn for other people 1. 1000000 poor people in america when you begin. to reason. the system of distribution of wealth.
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is rule civilizing said. that caused great fear. had. anticipated the power of a should have but it didn't anticipate 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. it's. the language that will split from. the fact
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most of us believe that we simply perceive reality the way that it is in fact. we know many years of psychological experiments with us mary far from the truth we don't see things just the way that they are instead the world that we their internal world we live in is highly constructed by the structures of our brains but also by the structures of our languages and cultures that tell us how to put things together. today there are good terrorists and bad evidence the bad news in yemen the united states deems to be a threat the looked at those who are in syria the cia and the us military were engaged in covert actions really throughout the world. where they were assassinating populist leaders they were backing up the right way militaries because funding an army just was there's no phones and then more because there's
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thousands of american men and women choose to serve in their country's military and . the decision a little shouted lives every song came to a complete. the day that i was right be instructive if you know hold a shot up what they'd kill me and i see how it destroyed while on any screamed at me and he made me come in and he grabbed my arm and he write me to his birthing area if you take into account that women don't report because of the extreme retaliation and it's probably somewhere near about half a 1000000 women have now been sexually assaulted in the us military rape is a very very traumatizing thing to have happen but i've never seen trauma like i've seen from women who are veterans who have suffered military sexual trauma reporting range is more likely to get the victim punished than the offender i had an almost 10 year career which i was very invested in and i gave that up to report a sex offender who was not even going to justice or put on the registry so some
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plan is still hour and violence male sexual predators for the large part of target whoever is there to prey upon whether that's a man or woman. who has been under norma's concentrated coordinated business offensive beginning in the seventy's to try to beat back the ego of terror in efforts that went right through the nixon years you see it in many respects over on the right you see it in things like the famous powell member in the. senate to the chamber of commerce major business lobby later supreme court justice powell warning that business is losing control over the society. and something has to be done to counter these 4 ships course we put it in terms of defense defending ourselves against
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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 1st. major report of the a trilateral commission is concerned that this. is 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. they were also told that democratizing tendencies of the sixty's and so we have to
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react to it. they were concerned that there was an excess of 2 knocker see 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 get into 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 there for it is not mine.
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if you look at their study there's one interest they never mention. private business and that makes sense they're not special interest they're the national interest kind of by definition so they're ok they're allowed to you know have be as by campaign staff the executive make decisions that's fine but it's the rest the special interests the general population who have to be subdued. when that's the specter it's the kind of ideological level of the backlash but the major backlash which was in peril of this. was just redesigning the economy.
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since the 1970 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 2 crucial respects one to increase the role of financial institutions banks investment firms and so on insurance companies. but a 2007 break before the latest crash they had literally 40 percent of corporate profits. far beyond anything in the past. back in the 1950 s. as for many years before the united states economy was based largely on production . in the united states as the great manufacturing center of the world.
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financial institutions used to be a relatively small part of the economy and their task was to distribute unused assets like a bank savings to productive activity buying our way to. money. on the back of the reserve bank. to be highly providing an. outing money. to the community by making. money for a manufacturer or on going. to a remodel are going to money on a good reason why people are always needing more and i haven't. mediately available . that's a contribution to the economy. regulatory system was established banks were regulated the commercial investment banks were separated cut back or risk
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investment practices that could harm private people. there had been remember no financial crashes during the period of regulation by the 1970 s. that changed. the story getting that huge increase in the flows of speculative capital just astronomically increased and 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
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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 1970 s. say general electric can make more profit playing games with money than you could buy 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 sort of value to the economy. so that's one phenomena let's go financial ization of the economy. going along with that is the oh sure introduction.
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the 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 income 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 a 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
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a workers are free to move labor can't move but capital 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 they're recognized in fact praised. policy is designed to increase in security. alan greenspan and when he testified to conquers he explained his success in running the economy as based on what he called greater worker insecurity. a typical respond. time compensation increases has been evident for a few years but as i outlined in some detail in testimony last month i believe that job insecurity has played the dominant role workers and secured are going to be
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under control. they're not going to ask for say decent wages were a decent working conditions or the opportunity to free association meaning unions. now for the masters of mankind that's fine they may show their profits but for the population it's devastating. for these 2 processes financial ization and offshoring are part of what led to the vicious cycle of concentration of wealth concentration of power.
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what politicians to do something to. put themselves on the line to get accepted or rejected. so when you want to be president i'm sure. most somewhat want to. have to go right to be close to see what the before 3 in the morning can't be good . i'm interested always in the waters about how. precious it. is you'll be via reflection of reality. in a world transformed. what will make you feel safe. isolation full community. are you going the right way or are you being led. away. what is truth what is faith. in the world
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corrupted you need to descend. to join us in the depths. or remain in the shallows. imagined 635 and you have a what a career and a career involves using your i phone in your computer and things like that being in an office and perhaps you sort of getting xenix circulars you're going to have to stop doing all this in this kind of you live amidst must be frightening my world became smaller and smaller and smaller until i ended. running it and the box. around it a very strong magnetic field held in my head. think of it like a real hard pressure my skin burned and that wireless access point and it's just
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continues on saying with our students in the schools. we are just continually bathing our citizens in this microwave radiation it is certainly electro small and it's getting worse. for the day but there are good terrorists and bad deadens the bad news in yemen the united states deems to be a threat the looked at those war in syria the cia and the us military were engaged in covert actions really throughout the world. where they were assassinating populist leaders they were backing up the right way military windows funding and arming death squads there's no phones anymore because there's always a small income for a really good this is a profit. you
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know world of big partisan lot 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. as middlemen who didn't before. he didn't look.
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like a dog he died like a coward and the stories that shaped the week donald trump announces the death of the islamic leader we compare the raid against. the operation that killed bin laden . brags it is delayed yet again to the u.k. is heading for an early general election widely seen as another referendum on leaving the e.u. . and an american journalist claims political persecution after his arrest for an alleged assault and. he's being targeted for reporting on the opposition violence we have been at the forefront of exposing the u.s. . and now they're trying to steal my freedom.
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