to the u. k. shadow chance or the exchequer on why so many were killed here by cove it and as the world health organization. 74th annual, jen, maria, and tomorrow. what is going on with india, with the search testing against the so called indian very to grown advice? beginning in britain, we speak to the ex commissioner of indian food and drug administration, about why the vaccine production, capital, the world can't vaccinate its own people. all this more coming up in today's going, i'm going to 1st is britain continues to come to grips with testimony for the next top advisors, the u. k. p. m. bars. johnson. with the reason britain had one of the worst per capita death rates on earth. just incompetence and bureaucracy, or is it something more profound? something to do with the structure of british capitalism and join now from italy by professor guy standing for economic advisor to the shadow chancellor of the exchequer. under jeremy corbin and author of the corruption of capitalism, my warranty is thrive and work does not pay. thank so much guy for coming back on the show, which we were all in italy obviously. but i think you caught up with some of the evidence from johnson's consillio area. dominic cummings was the u. k. code we'd

response, do you think hijacked in the interests of rented capitalism as outlined in your book here? well, it is extraordinary incidence that the book has just come out of the same time as these revelations by dominant cummings. i must say that i'm not remotely surprised by what we heard. it is a reflection of a system that is chronically corrupt. and when i was working on the book, i realized the, the depths of the revolving doors we have between finance, big finance and politics. and politics has become the sort of stepping stone profession whereby chances go into a little cold positions in order to prepare themselves for making megabucks and to salaries and bonuses and central in finance.

and finance, of course, is the dominant theme. one of the points i make in the book is now in britain known financial companies as well as financial companies own fits that are over a 1000 percent of g d p. it's the financial tail. why doing the economic dog? but of course, i mean, i've got to say, i mean i don't know the chances in this context, but the media here certainly did not react to the cummings testimony by talking about corruption. i mean, there was a, these accusations lying about the health secretary. it was incompetence is bureaucracy, it's, it's, these corruption was not was not key here according to the way the british media covered the storage, well, less predictable to because mainstream media are part of the rent g, a economy system,

the main stream media owned by plutocrats and we have a situation where the big finance, mainly goldman sachs, grooms, people to go into politics and go into the media as well. and it's, it's institutionalized corruption so that you get the situation where many of the decisions that are being taken up for the benefit of finance and for the benefit of senior civil servants. and politicians who move effort effortlessly from their positions in public, in the public domain. into a big finance. well, richie here, richard. the chancellor here obviously came from goldman sachs and he'd say, no, he wasn't benefiting the goldman sachs brigade. he was benefiting ordinary people with his furnace schemes is help out to, to heat out slightly more controversially in the subtitle in the book where you say,

why work doesn't pay as people start to emerge. obviously the pandemic is still going on here. why does work not pay? i mean, that is a question that the vast majority of people in britain probably talking about is they come off low and back into jobs if they're lucky. well, basically the, the architecture of renting capitalism. make sure that most of the income from economic growth, all from changes in the system go to the owners of property, financial property, physical property, or so called intellectual property. and these means the less and less going to people who rely on labor for the incomes. so we have this growth of the precarious on which i've written several books and we've got what i've called in the book prospect of a triple k. in the sense that before the damage,

the bureaucrats from the leads of people, mainly making money out of finance. and as it were going up and up, whereas the precarious in seeing declining wages, declining access, the benefits increased, huge increase in private. and then during the pen there make the progress gained even more so brilliant as extremely well out on. whereas the precarious have gone deeper and deeper into debt. and now we will have a new situation when the post lockdown phase takes place in which the, the elite and the router crafts will continue to benefit. whereas the precarious debt will result in a day lose of homelessness, a del lose of bankruptcies. we have the allegations of 10 thousands killed by current of ours and needing to have the official figures somewhere around 825000

killed by cove is one of the highest per capita rates. president dueling from the university walks who told us that will stare it. he killed a 150000 people. when you're talking about these impacts on the precarious does that mean more people are going to die out of this cake of post lockdown scenario than who died from corona virus in this country? i believe so, and i say that with, with a heavy heart because the period of 70. so privatize ation of our national health service, as well as severe cuts to spending on health and care, and the privatization about care taken over by private equity, financial corporations that are often gone bankrupt, leaving thousands of people in severe homelessness really instead of in care homes and we have a situation where morbidity and the stress,

all insecurity, means that a lot of people are suffering from answers from heart problems from suicidal tendencies. and i think that is, it is quite possible that we will see a surge of excess deaths above what should have been the chase in the period going forward. i mean the heartlessness shown by parties, johnson about his remarks on a t roads and so on. this, this sort of is just so disgraceful, but it's, it's sad to think, but he's still prime minister that someone can say that sort of things young that we have a situation where the privatization and the financial like ation boss. parts of our national health system means that a lot of people are not going to be able to get the medical attention they need, they need and going to be

a cascading crisis going forward. and the real, really important thing is the must be a more effective opposition. what is going on? i mean, now obviously the johnson comments about even bodies piling up in the streets that learn the 8 year olds. all apocryphal pending the inquiry that starts next year, but johnson would say the vaccine rule as has been a tremendous success for this country. what is the vaccine and to prevent the excess deaths that will be higher because of rental capitalist approaches. post locked down then cove itself. well i believe that we have a we already had a demo of stress in the country. i dissembled the evidence on that. the, the, the, a number of people who are suffering from mental disorders, mental strain and physical strains associated with that due to chronic and

use chronic insecurity. that's the reality of the area. i think as long as we don't address the insecurity of society, we will not get out of this. we didn't quite whereby the talk chrissy and the finances are just making phenomenal amounts of money. if i give you one statistic, which i think is very important, be the value of wealth, private wealth in britain today, and risen from 300 percent of, of gdp national income to over 700 percent of g d p. and over 60 percent of our wealth in the country private, which is inherent it's, we have a system which gives to a tiny minority which as they show in the book,

is essential 18 by billions of pounds, not hundreds of millions, billions of pounds in subsidy is given to the owners of assets of the owners of wealth. and this means that something like 40 percent of the population in britain is scrambling around to maintain the living span that are actually declining on their own, maintaining it by deepening their private debt. this is the reality. so we have a situation where private debt is over 200 percent of national income and has been rising. it's not public, it's private. and if it, the fellow scheme is increased in the quality, i think it's a disgraceful scheme. i explain why in the book, but it's propped out, this is very regressive because it's given far more to iran and then for the pro carry at. but it's merely

a stop gap measure. now the way we're told with all the subsidy is to welfare claimants, and i know you're advising the shadow chancellor. now the shadow johnson, i was rachel reeves, you're famous. we said that labor should be tough of the. the tories on welfare claimant told me about how the book talks alone and how we may be under these misapprehensions about who's getting the subsidies, the co option of descent. we get business programming and we're told, you know, we can be part of the equities investing population and we can top up our assets, any certain portion of the population. you see the evidence exists to suggest this corpse, those who would otherwise dissent and move them to the right angle games and grow. because more and more people will come to realize that this is a good dangling system of ren jake, african some going for the tiny needs. whereas most people are going to be

proverbially left behind, but also chronically insecure. long term to populists? i like johnson. well, finally, and the legit corruption, do you think that people will just be too tired for any uprisings this summer, given that even the national audit office said there was no competition for the corona virus contract that apparently big farmer are trying to recruit perceived losses from invest just a dispute settlement systems over coven procedures is going to rise this summer. can we expect uprisings on the streets of western capitals or of people to tide from the precariousness of their existences being for the moment that the ty at no since the pet fee or the desire for some desire to just get out. but i think there's a huge bad drug or anger and resentment,

they personally predict that will be a new surge of a precarious movement because we can have a vacuum on the left for very long. it will emerge as a more in madison paid 3 ecologically driven agend emission. but there's a lot of anger and a lot of energy out am i hear from people every day about is i'm quietly, i think there's a build up. and if we get young politicians who are offering part of that vision, then i think that will be a spark to a fight because we desperately needed professor guy standing. thank you. after the break, as britain comes to terms with evidence of a arguable karone of our men, florida, we go to the city in india, globally supplying astrazeneca vaccines to us can be a former drug administration commissioner. what has gone so wrong in his country?

all listen more coming up to going under the imposing sanctions. any country used to be a policy of last resort. that is not the case to day. now. washington sanction scores of countries and even threatening sanctions against the pros. do sanctions work? no, not really. also, we have an update on bill when i would chose the wrong one. all just don't the rules. yes. to fill out the thing because after an engagement equal betrayal, when so many find themselves world apart, we choose to look for common ground in

an entire village in alaska has had to move. if another country threaten the wipe out in america, we do everything in our part a project in what and a escaping climate change poses the same threat right now. alaska has seen some of the fastest coastal erosion in the world. we lost about 3535 feet of ground in just about 3 months while we were measuring it is bad and that means the river is $35.00 students. learning was yours or i think we're part of america, the 3rd from or america. welcome

back to more of the 74th world health assembly winds down as tens of millions grieve for relatives killed by corona virus just by britain having a capital death rate 10 times that of india. it is the so called world's largest democracy, that is now under the spotlight for its corona virus response. though, join me now for me tonight in india is former principal secretary to the government . marashi mahash is i got it. thanks so much for coming on. so as i said, the rates maybe 10 times high here per capita. but i mean, i may have had the certificate vaccine here and it might have been created where you're from there pooler, the size of the largest vaccination, the manufacturer reportedly was gone so wrong. why there are hundreds of thousands that have been killed in your country to live or

not. and if you really off, then i need to get one. but then you have a am in the course of germany and i'm down to the law. unfortunately, i v y, the population is to julie lloyd off the china. we don't know what is happening, but then i because of the population, when are we increased risk is not part of the 100 or then we also think about who the top

of all of the the india then the probably the party a lot of the the very and certainly indian very and so called is certainly we're having surge testing here in britain because of it, i just want to ask actually about the factory the theorem institute in bruno because the ceo mr. branwa says that he had to flee india because of death threats. so what is going on in my house show that he had to flee the size of his factory, the largest vaccination, the manufacturing facility in the world. i think it is not credited even so they go to your p r. i and i'm not sure.

oh, i don't think there's any reason why you i was on the line that we might want to explain and we'd love him on on the show. he does say though, that mr. moody is responsible for ordering to few vaccines. and this coming from someone who i know is family of financially donated to the congress party historically, but he supported the liberal policies of the murder government. and what do you make of him? saying that you are leader or did just to few vaccines. that's why so many people today was back and everybody that is done and it was not coming to be is

not important to me is that most of the countries the i n d b i indeed they also hired by the be a private entity and all that's the know what he's and it's although it's nothing to do with all of that and it was in all right, and it was it the he just has murder you wanted to few. i've india. they probably had him if you on the side of the nation they could have joined the band. i mean you only randy. by that time they have all your all the main reason

that's always me. the reason that's really the reason you were the commissioner for india is rude and argue ministration. but you don't think you, you bear some of the blame. i was going to be the they are also in the area and all the sources. acknowledge the mark up. they may need the most of the might have some awesome brother that i and that uses small now i'm of the say, modest job with the furnished data for be in those water. i actually mark, unfortunately the why do you need to do international, tentative if you are the one in my, where you are,

is where the vaccines are so high. isn't this something much more fundamental, this new liberal policies of big pharma, of the closeness between governments and big pharma and how they operate, versus the great success of your neighbor with similar kind of population? the people's republic of china. listen, the process. i be sort of when data are at the ad and i don't care if it's life or death. they have the vaccine. who cares who licenses? i mean, do you think, i mean this is life or death for in his population? surely these issues by the but they're about money and about rights. who cares? i b. b and the binding contract on the engagement

level over some other country than they have to be or say that i was so honoring the contract is more important than saving the lives of ordinary indian people. i'm not late that also getting the full mouth, but i was also so bad trying to really so it's not like we like that was because the time when the lease buy pending needs to be growth and all that nice or any reality

dissolution section. all one good now. so this is in fantasy, the joe biden administration, he has sought a waiver on painting and intellectual property rights. why do you think your old, colonial masters here in europe, britain, holland. he, you, they, they don't want any relaxation of intellectual property right? see, it is not the fuel or by, by monday, but you played on that and i believe that you least can do have entered into the having commission and why, why do you solve the problem instantly and nationalize all the big pharmaceutical companies in india like the serum institute and start to actually save the lives of

ordinary indians instead of trying to be contractually obliged by new liberal organizations like the w id. gotten on the nationalized most of the time. so that not the problem, the issue is made by the lives or lives are more important than the scandal of a leak of the formula for the asters anika vaccine. anyway, let's just move on to this black fungus that apparently is causing a 50 percent mortality rate for those recovering for those who have it and has to do with the steroid use in hospitals, because people have not been vaccinated. no, nothing to do. i mean,

a lot of money so they did nothing to do that. it could related by the patients, but i didn't use the i've been probably and i was, it is not happened to me, but my brother media is not do you not think that is now? is the time for some real nationalism in india as it were when you're conversant with the, with what's been happening in agriculture, the fights over the painting of seeds by big agriculture, learn big pharmaceutical companies. you know, the grown of ours has time for reflection, for indian politicians and think tanks to get away from this new liberal model that

comes from chicago and london and brussels. i'd be more than happy and i do what do you make of any small minutes and every now any yeah, this is a huge chunk of population in the industry. and therefore, we need to have a different model and the job or what it will be the job market was. so we we don't know we

are supposed to be utilized and we've all for the commissioner and for the principal secretary, thank you. and that's for the show will be back on wednesday the day after you sanctions on u. k. u. s. friends, mom, syria, a set to expire until then keep in touch by social media or comment below on youtube and let us know if you feel supported by your government. when it comes to corona virus. oh, i use the in the some can fall from middle class to homeless overnight. most of them are very hard working. people who want to get ahead that has either have some,

some health issues or have some had a strict, bad luck. a full time job won't always pay for a place to live and missing, just a month's rent can get you evicted, gunpoint. if anything bad happens to any thing that just throws your budget off slightly, you gotta catch up real quick, or you're going to have a judgment possession against you and get a big anyone that's homeless is treated like garbage. people look into like a monster or someone bad, or you chose to be there most of the time. it's not the case. see how it is to be born in the world's richest country? i oh,

the the the this hours headline stories, continental divide up ball michelle report revealed denmark spied on germany's angle americo as well as other e. u. leaders for us intelligence calendar, as image as a beacon of human rights is shelters. the remains of over 200 children are discovered near a former school friend business students, highlighting a cultural genocide that's continued on the 9th. and israel's long standing prime minister benjamin netanyahu may finally be on his way art. after the opposition claims it held enough parliamentary votes to drive him from office the.