tv Documentary RT January 29, 2022 11:30pm-12:01am EST
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house to have in the journal. professor dairyland go. thank you. that's ever the show. we'll be back on monday when we talk political corruption power to the people in corporate espionage with u. s. presidential contender. dennis consented to recounts attempts to kill him and his new book, the division of like about until then keep in touch, why will i social media and let us know if you think states should be held accountable for military killings of civilians. ah, what we've got to do is identify the threats that we have. it's crazy confrontation, let it be in arms. race is often very dramatic, development only personally and getting to resist. i don't see how that strategy will be successful, very critical time time to sit down and talk with
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i thought with this guy, he's drunk, you know, come out here and back. nice, right. just to put a space ship deal out or got to be drank in some kind of bad whiskey or trick. i guess he's got enough money to do it. whatever he wants to do, he have the money to play the game. i from 10 miles outside a town highway 60 to one lady is 45 miles and they own all on both sides. they don't anything
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this is the interest, but she have to have a key to get in to manage 19876, just like an average ordinary guy to talk to him. and then you realize this guy's go play and he knows what he's doing or why? ah, number one is amazon founder and ceo jeff basis is the 1st 20000000000, the people who did a fortune to been told amazon diversity. so media to do that. i'm
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using my resources to put in place heavy lifting and infrastructure so that the next generation of people can have a dynamic entrepreneurial explosion into space. is you're still large enough to satisfy the ambitions of jeff bezos. amazon is the largest store in the world. it sends out $150.00 parcels per 2nd,
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adding up to 5000000000 each year. its boss jeff bezos has a single obsession to sell everything instantly everywhere. and to satisfy his customers every air without delay. there are 300000000 amazon customers worldwide today. the multinational company is revolutionizing commerce and the way we consume
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our story begins in 1994 in the seattle suburb jeff bezos, a 30 something wall street expatriate creates amazon in his garage for jeff basis. and what are your, what is your claim to fame and the founder of amazon dot com. where did you get an idea for amazon dot com? well, 3 years ago, i was in new york city where he for quantitative hedge fund. when it came across the startling statistic, the web usage was great in 2300 percent a year. so i decided i would try and find a business plan that made sense in the context that grow with me. in the beginning,
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they were only 3. 1 of the things that was really happening in seattle of that time was grudge, so you had nevada and pearl jam and all like on a music. so a plaid shirts on, on everyone. paul davis is one of the programmers who developed amazon's very 1st website at amazon itself. what was out in a suburb done really was very far from the city and clubs and any kind of obscene that that might be happening. there were basically 2 programmers working hard riding code. and jeff, working hard on, on the sort of business he side of the new company. there wasn't this kind of really fuel energy, you know, like, oh my god, you know, what's going to be a goal today? what are we going to take off today? oh my god, if that isn't done, isn't done today. things fall apart. it was more just a case of methodically working as quickly as,
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as we could. my books arrived. somebody was gonna have to pack them up and shut them out. and so, so until that will be jeff. this is like the super early days when it was really just still the 3 of us plus is why working part time. sometimes it will be white, mackenzie, sometimes it would even be shallow, right? if there weren't that many and we want super hide off in something. this is at a time where, you know, we, typically, we were handling, you know, maybe less than 20 books per day or something. mm . 25 years later, amazon no longer sends 20 parcels, but 14000000 a day. the company owns over 250 warehouses and delivered on 5 continents.
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i guess amazon success coach stacy mitchell's attention. she heads the institute for local self reliance research center, studying the evolution of the american economy. for the past 10 years, she's been closely monitoring the growth of the beast. amazon is like, it's like this invisible force. you know, it's got, it's tend to holes in so many aspects of the economy. there's nothing that amazon isn't trying to get into there. now the biggest clothing retailer in the us and they produce a lot of clothing. bookstores, toys, stores, hardware stores, kind of grown invisibly. it doesn't get noticed are covered by the media and the same way because it's not physically present except in just a few places. amazon is growing so rapidly, they are creating a lot of jobs,
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but as they grow, they're destroying a lot of jobs. and we found that for everyone, new amazon job that had been created, there were 2 jobs that were lost at existing businesses. we have lost about 85000 independent small businesses in the last 10 years. we've lost about $35000.00 small and mid sized manufacturers. you amazon is the only cause, but it's the top cause of those losses. lou stacy mitchell investigates amazon strategy of con, pushed there's a balancing act that they seem to walk between slowly taking over everything and rapidly taking over everything and yet not being so visible that people become alarmed. so in some ways we, you know, the train has left the station and as
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a society, if we're gonna try to figure out how to bring that back, it's much harder to do now than it would've been 10 years ago. if we had noticed what was really happening in the united states, amazon now controls half of all online commerce the company leads online sales in clothing, electronics books, dds personal care, an the products ah, it also offers the video on demand, online music, streaming video games, data storage insurance, as well as drugs. amazon also embodied a certain vision of america progressive and liberal. its acquisition of whole foods leader of high end organic produce is a good example. jeff bezos is a complex character. he's a ceo as well as an investor, but in 2013,
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he personally acquired the washington post. one of the most prestigious newspapers in the u. s. ah. step by step. the amazon empire extends its grip on the world. he really hit amazon and this point represents the transformation of the american economy. i mean, you know, the old saying when i 1st came the street and kind of back in the day was what's good for g. m is good for the country today. that's largely amazon as largest market cap company. it's, it's greatly intertwined with the entire american global economy. amazon essentially controls the marketplace. it's not really a market, it's a private arena. amazon sets the rules. it gives the side which companies get the best spots which companies rank in the search rankings. who can even be there, what they're allowed to sell, how they can communicate with their customers,
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what they have to pay in order to be part of it. the old saying is if it walks like a duck in quiet like a duck, it's a duck. so amazon looks like monopoly trades like a monopoly makes money like a monopoly. behaves like monopoly. so when i looked at it, you have to use monopolies in the traditional sense, upon a comparable type company. the real definition of a monopoly is when you have the ability to control the terms by which other player is can access the market. when you have that kind of power to dictate what happens and amazon has that power, amazon has become a kind of gatekeeper. and their strategy is very much about being the e commerce platform for the entire world. in the risk cancel down through here,
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calling this larry over here. so your camps are always a little nicer than this. this is evidence of absolute poverty, despair. people in our city and other cities all across america are living like this. we're at the original eden village that opened up in 2018 right now. there's 31 homes on the property. it's a little over 4 acres with 31 homes and a community center. unfortunately, a lot of people don't make it out of edition more homelessness and i'm just really happy with it. and dad you with me in. ah, oh,
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well, amazon is conquering one territory after another. after the u. s. just basic still control of england. germany, france, japan, canada, italy, spain, brazil, mexico, and australia. today, the decisive battle for the company is taking place in india ah, in 2013 amazon arrived in india with the intention of gaining control of a market estimated at $100000000000.00, conquer or fault. what
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demons on has been able to achieve globally as being able to then pretty much all media markets globally, right, whether it is in europe or in europe, some, some of the other asian markets, as with outside of china, the only but 2 feet of it is still open is india. so if this is the only battle feud is open and be, does a significant be launched paddle feet? and another one with india is the fastest growing economy in the world with a 7 percent growth in 2017. although only
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in recent years, some 200000000 indians have joined the middle class dramatically increasing the number of internet users and eager consumers. as a result, indian e commerce is growing by 30 to 50 percent every year. amazon is not the only company trying to tap into this growth. competing with jeff bezos as flip car, the leader of the indian market founded by 2 ex amazon employees and paid him a new startup financed by chinese giant ali baba. the 3 of them are waging a multi $1000000000.00 commercial war. in his 1st year,
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jeff bezos invested $2000000000.00 and then $2000000000.00 more the following year . to gain market share, amazon has already invested $5000000000.00 in india without seeing a profit. all these 3, our players are armed, still the top. oh, they have all lot of submission, lot of funding, big guys, backing up so you don't see any one falling apart at any time soon. the battle gets even more complex. as these multinational corporations are facing a very strong nationalist pushback in india, this is the case, an old deli, the commercial district of the indian capital. here, commercial structures have remained unchanged for hundreds of years. really that i found out with that by just thinking of them,
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i didn't get money, some of them and i've been going out with i'm with my dad with with sitting at this table and 15 angry men, the largest group of merchants in all billy each own several shops in the neighbourhood, they are the 1st to feel the impact of amazon's presence with a v. i do with that, with the merchants of old delhi are worried, but they have
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a major asset to slow down amazon's rise. they formed the electoral base of the b, j. p. the party empower in india since 2014 it's leader, prime minister nor end remedy promotes an exam, debated form of nationalism and defends a protectionist view of the economy. ah, the indian government recently introduced a bill that could severely limit amazon's room to maneuver, notably by preventing it from under cutting prices. jeff bezos had to engage in a diplomatic game. he regularly meets with prime minister modi. it's a significant stick for amazon and for, for the kind of investments which amazon has been doing didn't market is reflection
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off the find a house, heedlessly the biggest market. and if it fails or to deflect bod in a global b all for amazon it's, it's not a regional story. it's a, it's a global story. forever. i ah, to counter the americans, the merchantable. deli, have a plan to ensure the government doesn't forget them. oh, i
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just plan for 5 years or 10 years down the line because they are deep pockets if they can afford to offend big losses, that is why they are coming through. and here you can see any example in there was, there was a event in the questions that it is a better one modicum again then he did that one, hopefully catch guy that is one of you ah, this bus will go around the country to alert other merchants and the population at large of the threat that looms over india or even aria with
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. 6 in 2018, amazon announced its intention to invest yet again another $2000000000.00 in the country. its operations in india have so far resulted in a net loss of $883000000.00. investing massive amounts of money often at wash in order to conquer market share is the foundation of jeff bezos. global strategy despite does risky plan. amazon's boss still maintains the confidence of the financial markets. amazon stock value rises constantly in the last 4 years. it is increased fivefold.
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amazon last about $3000000000.00 and it's 1st 6 years in business selling books at a loss. and it worked, you know, i mean, now amazon is the dominant book retailer with more than half the market. and they've consistently done that in one sector after another where they go and they lose money. other companies that are not, don't have the same backing from wall street, aren't able to operate at a loss. they go out of business, amazon takes over. um, you know, and this is a company that's, that is ad. you're able to lose money like that in a way that no one else is. yep, he's our ceo. i mean, one of the things when you're analyzing a company is management's credibility. he spent time on wall street at a large hedge fund. i believe he sorta intuitively knew what institutional investors were looking for new, how to educate them about timeframes. i mean, as an analysts, it's not just about how much cash, what you want to win, that cash is expected to come in the door that helps you build better financial
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models. and so i believe he did a good job being able to speak the language to a financial market participants. jeff, as us, has been very astute at how he communicates what he's doing to wall street. and he always talks about this idea that amazon is for the long term that he is not focused on the short term that what he's building is something much bigger. and it's over the long term. and wall street investors have, have very much bought into that idea and they have backed this company, even in the years when amazon lost a lot of money years when they made very little money. wall street continued to back this company. jeff bezos was successful in imposing his long term vision to an economy geared toward short term profits. having secured the confidence of wall street, he was able to make all of the world's commodities available in one click. this
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ideal of accessibility was born 50 years ago in san francisco capital of the american counterculture gaffer google, apple, facebook and amazon are the unexpected airs to these california hippies are collecting like bad press your middle finger to your thumb, drag them apart, snapping like that. you can find adult pajamas with cat names or typewriters, fashion manual, you can add insulin syringes in wallets, greeting cards, even books or poor. you like that. you can have any delivered to your door, snap and forever to consider where you did. ah, in the 19 sixty's in california,
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thousands of young americans turned away from industrial society, the vietnam war, and the atomic bomb they decided to return to the land and live in communities based on new principles. this was the birth of the commune, movement. they were anti big technology. they didn't like bombs, they'd like heavy industry. but they loved l. s. d, they love automobiles. they loved b w vans. they love the products, the kind of consumer products of industrial society. and what they wanted to do was take those consumer products and re purpose them, turn them into the foundations of a new kind of society. a society built on shared experiences, personal ambition, consumption, consumption for the, the communal lists was going to be the foundation of a consciousness oriented society.
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there may or may, we should all be may or may, we should all be angry or what's going on, right? can't understand united states history and the role that slavery play already very formulas to show i became a nation. it actually define the nation, the rise of capitalism clearly on the backs of flight. and it's laid down. if you investigated lynching city, great extent. you can't believe a country and the country still stands in brick. i'm from the south. everybody know, know what this thing to some extent. i would argue that we're still fighting the civil war in the south is winning. join me every
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1st day on the alex simon. sure. and i'll be speaking together in the world of politics, sport, business, i'm show business. i'll see you then. ah, the stories that shape the wake you crane dominates both the headlines and the minds of nato states with lethal arms, ammunition and military equipment handed over to kia. while the u. s. u. k. prepared to send troops to eastern europe. but not all nato members agree to weaponized you cry. germany is flagged by allies for giving again to the blocks line, while some spanish opposition party say it's not that countries more to wage from spain has no police in this conflict. we are not interested in any worse. all these pro cation of the united states and nato, in an attempt to reshape the world order in which they are lose an influence. me while moscow says clearly and simply, if it's up to russia,
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