tv Documentary RT February 1, 2020 12:30pm-1:00pm EST
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across the u.s. cruel puppy mills are supported by dog shows and stores most of the puppies are coming from these large scale factory farming kind of operations are being sold in stores even joined a good businesses are involved like cargill i'm santa there's been a shocking amount of organized opposition to efforts to increase the sands of care for dogs credit commercial rating facilities most of that opposition is coming from huge agricultural groups and industries that have nothing to do with dogs don't buy dogs on how to.
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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. of there was a real. inequality is really unprecedented i'm sure that total inequality it's like the worst periods of american history. but if you're find it more closely the inequality comes from the extreme wealth in
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a tiny sector 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 developed by the similar to this. now this period 6 trillion because if you look at their wealth distribution the inequality mostly comes from super wealth . literally the top 110th of a percent are just super wealthy. not only is it extremely unjust in itself. inequality has highly negative consequences on the side is awful. because the very fact of inequality has a corrosive harmful effect mockers. you open by talking about the american dream or the american dream as quest and
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in the united states when there are professed to like democracy. in a democracy public opinion is going to have some influence on policy. 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. 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.
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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. translates into 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.
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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 by the people on the society in his day 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
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. 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 the efforts that 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
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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. 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
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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 horror tradition goes back to the 1st major book on political systems aristotle's politics. is. of all of them the best is democracy and it only points out exactly the flaws that medicine put it into. 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 or settle for posed what we would nowadays call a welfare state and try to reduce inequality. so
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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 mostly coming from the population pressure from below and you get this constant battle going on periods or gratian periods of progress in 1906 for example were a period of significant democratization. sectors of the fucking lation that were usually passive avocet it became organized
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active story pressing their demand. and they became more and more involved in decision making and activism and so on. they just changed consciousness in ways. minority rights. really don't want. women's rights. 4th. concern for the environment. america is. boring of mankind seeking to survive opposition to aggression to those who criticize us on
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the militant dissent they are serious about lawn on the provider of the vietnamese people black people and people concerned for other people one day we must ask the question. of 1000000 poor people in america when you begin. to reason a person amounts to the system of distribution of wealth the crisis in our research . american society these are all symbolizing faith. in that caused great fear. one. hadn't. anticipated the power of a should have but it didn't then to speak the power of the reaction to the
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civilizing effects of the sixty's did not anticipate the strength of the reaction to it. the backlash. trade and investment to become magic spells to come to economic development. most people think about trade they think about goods and services being exchanged between countries and the investor a chapter of a trade agreement is about something very different but won't when investment leads to toxic manufacturing that destroys sacred sites all ruins the environment. that means if local communities that are being poisoned if they object if they do
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anything that the company feels is interrupting their profits they can be sued. the nationals are taking on the whole nation philip morris is trying to use i.s.t.'s to stop oregon white from implementing new tobacco regulations aimed at cutting domestic smoking rates a fringe company sued egypt because egypt resists minimum wage and democratic choice of a trump cool person will join us as we try to fund don't want to. the russian state television propaganda machine propaganda outlet propaganda tools we are in an information war. we can change the world tomorrow. we send out you tube videos the sleepless russia today it's the longest network on.
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russian brush with russia russia and russia today is. the only paper that will choose russia to live and i really have to put drugs out there to see you then on r g. 4 are so proud and filled. are just getting through a number. why have you not shut down our t.v. on you tube it's a propaganda machine mr walker. join me every thursday on the alec simon show and i'll be speaking to guest on the world of politics sports business i'm show business i'll see you then.
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there has been an enormous concentrated coordinated business offensive beginning in the seventy's to try to beat back the egalitarian efforts that went right through the nixon years and you see it in many respects and over on the right you see it in things like the famous pell memorandum. sent to the chamber of commerce major business lobby later supreme court justice powell warning them that business is losing control over the society. and something has to be done to counter these forces corsi puts it in terms of defense defending ourselves against outside powers.
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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 to the 1st. major report of the trial lateral commission is concerned if this. is called the crisis of democracy. trilateral commission is liberal internationalists there flavors indicated by the fact that they pretty much staff the carter administration. and they were also told that democratizing tendencies of the sixty's and so we have to react to that. they were concerned that there was an excess of democracy
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developing. previously. passive and obedient parts of the population are sometimes called the special interests who are 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 or become the politicised. and they were particularly concerned with what was happening to young people and young people get into free and independent. record. in the way they put it there's a failure on the part of the schools the university 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
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and that makes sense they're not special interests they're the national interest kind of by definition so they're ok there are led to you know flub is said 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. since the 1970 is there's been a concerted effort on the part of the masters of mankind the owners of the society
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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. financial institutions used to be
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a relatively small part of the economy and their task was to distribute unused assets like say bank savings to productive activity and buying our way and had on hand a reserve money. holders to monitor on the back of the reserve bank can create around and call behind providing an. auditing money on bank or of the community by making national. money or a manufacturer and i'm even going. to unlock some remodel her car and her money on her own reasons why people are always needing more and 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 for risk investment practices that could harm private people. there had been remember no financial
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crashes during the period of regulation. by the 1970 s. it changed. you started getting that if you increase in 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
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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'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 into production.
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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 a workers are free to move labor can move but chattel can well again going back to
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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 congress he explained his success in running the economy as based on what he called greater worker insecurity. a typical restraint on 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 in security are going to be under control. they are not going to ask for say decent wages were
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lists. and very well might continue watching on since last. no look the plastic is a problem it's in the food supply it's in the oceans we keep plastic and i'm a slave plastic in the human body is going to kill you right so life expectancy is down and banning plastic is not going to change the equation one iota right because it's just too far gone so should we care or just consider that humans had a great ride why we did then then shuffle off our mortal coil and that he owes.
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president salva posts to me you know thorough spends all tell lies with the united states and israel in response to donald trump's middle east the shrine by palestinians. slump of the century also ahead in the program. after 47 years the united kingdom marks on the historic day cutting ties with the e.u. as gregson officially comes into effect but the road ahead for britain is still on the clear. they sweeping new study by academics at the university of cambridge following discontent.
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