but davos continues and those people at davos, you know, klaus schwab wrote a book in the ninth, i think it's a 1950 or early sixties about stakeholder capitalism, said they've been pursuing this for quite a while. now. you know, they didn't call it stakeholder, social ism, right? they're not stupid. um, i had a question like back to the quote from the book. they in saying like a lack of expansive vocabulary leads to like a lack of the expense of ideology. the 1984 quote how do you feel as in like the market. living are like ideas towards certain political. how is that not like if they weren't there wouldn't that lead to more splits? and i'm not sure i understand the question how the market. yeah as in blackrock in the big three if they don't push their political agenda when they lead to more splits and the more expensive more expensive ideology. so so what's happened over the past 200 years is there's a i have another presentation i give on and the moral case for free market capitalism and i have a graph by a guy named it's a an english who traced gdp per or economic growth per person b

if you look a water, always safe shifting at the world economic forum in davos adults and verse of artwork, visualize the biodiversity of the amazon rain forest. i know my cup us, it is a human. i will never remember one me with an image of nature. i will never remember how familiar with the levels of amazon. yeah. but the, using a allows me to go beyond my comments, whether it's the bio diversity, the amazon brain, waves or observations collected by the us based agency nasa data for the kind of goals or is always chosen with the installation site in mind. for example, to really and live in air bodies and our brains sensory experiences to deep synopsis, which connect different areas of the brain and form a new and ronald structure. the small changes influence how we few think and behave for learning more and more that are well being our flourishing, our physical health and our role is highly influenced by the fact that we are wired for the parts. and for a long time, i think we have set that aside and thought that the arts were nice to have a luxury, something that you do when you have tim

it's like a water, always safe. shifting at the world economic forum and davos on adults and verse of artwork, visualize the biodiversity of the amazon rain forest. i know my cup us, it is a human. i will never remember one me with an image of nature. i will never remember how familiar with the levels of amazon. yeah. but the, using a allows me to go beyond my comments, whether it's the biodiversity, the amazon brain, waves or observations collected by the us be agency nasa. the data very few of those aren't, is always chosen with the installation site in mind. for example, this project was created using 45 terabytes of data from the los angeles philharmonic digital archive. it was projected onto the exterior of the concert hall. immerse of our is also a topic in science, one of the pioneers, so called newest fedex is to the next salmon from johns hopkins university school of medicine in the united states. her research focuses on how our impacts our brain . and she has a scientific explanation for all of the hype around the verse of art. i feel like immersive art so much because they

>> denke das president trump, davos i think president trump lives off, actually acting unconventionally and in this way draws the attention of people to himself. either he shook the hands of some of my colleagues three times longer than you usually do, or with me. he didn't do it at all. at this point in time, i had forgotten, and normally you would say, well, you shake hands and that's it but when you're in this situation, you don't and you don't even think about it with him all of these external things, these gestures always were part of a of a statement because he wanted to very clearly show that outside of political talks in these situations, he puts down a marker, whatever he means with it. >> you also described him as as i dealt in facts, he dealt with emotions. how did that affect some of the key issues that you were trying to deal with? his emotional view of politics ich wÜrde ich sagen im rÜckblick. >> i would say looking back, we and i'm also speaking here of nato members and eu members. we were actually able to get to sensible agreements with him. but when you think about tar

the davo's-switzerland people. that's who they have aligned with. they want to destroy this economy. you cannot have communism with the middle class because if people have hope, you can't have communism. you have to have no hope. that makes you have the government take care of you. i think we would be in big trouble here if it wasn't for the second amendment. during covid, more billionaires were created from covid, because all of these large corporations got to stay open. and all the muzzle tov shops got shut down. it destroyed the middle class. this is what they are aiming to do. they are aiming to kill the middle-class so they can usher in communism. i hope people wake up to that fact. because it is going on. 95% of the media is owned by people from davo, switzerland. cnn, comcast, disney, paramount. host: let's get a response. go ahead, batya. guest: i often say the democratic party is like a plane. there are a few people in first class and a lot of people in economy. and what their message to the people in economy is is you can fly for free, so

so this is a really phenomenal moment because trump will go to davos, and i think what he will want tooject american strength by showing that we are competitive, innovative, and we are ready to really take on the world in that way. by showing off these, again, economic leaders from the private sector and tech leaders, he will really be looking to -- again, project american strength. that is the phrase, that is the name of the game. and that is how he wants to get it done. now if we look at all these situation, him and putin, him and netanyahu, that's all anyone's guess because we don't know what trump's thinking. but already we know that pro-business policy is top of agenda for the next trump administration. and also, i will just say this -- i think he will have a challenge in congress in getting what he needs done in that endeavor, in that way, because those endeavors require democrats. and hakeem jeffries has proven to be a worthy adversary. he, do i think believe, will be just a splinter in the heel of republicans. he can be, leader jeff reerks a shard of glass -- jeffries, a shard

>> i don't know because i think what's interesting, richard, is the davos forum, the one you are talkinge where the general concepts of the global economic system have been discussed and debated. i think things are changing, richard. i am not sure that they are necessarily changing in the right way. a lot of countries are having trouble with their democracies, a lot of incumbencies have been throe throwing out. there is an anti-incumbent movement around the world. there are issues about how much trade we are going to have around the world and issues about countries being essentially me first all over the world. so the rules are changing and it's going to be interesting to see as they meet in davos, as other global meetings happen, what the new -- i'd say world order is going to be b but how people structure it in the wake of this idea we are moving away from which was that free trade and globalization was good for everybody. a lot of people not so sure right now. >> the man with the crystal ball, steve liesman from cnbc. thank you, steve. >>> you are looking at live pictures of vatican c

so when i'm in davos the snipers right. are fixing their i want you to feel like you're there, you know. so that was how i wrote it. thank. so a bit more on present day being a black woman in i feel is emotionally wrought if you want to say it. being conservative at best and i want to know you about like the getting blocked at door and the the security guard not even the time to validate if your name was on the lists and not really like spoke to me because i have an air company and there are times i am present in and i see people that have like a minuscule of a knowledge look at me and say so who's the brain behind this? and then get in a little when i say i am the brain behind this, like just so so i can just imagine. i mean, because what you're doing is multiple times complex to what i'm doing. so how do you process that emotional fallout and for the people in the room that are having to deal with that are some tips that you can give to them. so i write about this in the and there's this chapter. i think it's the streets,

and so, even at davos a year or two ago, i sat down with the risk assessors to talk about these gaps in what others on the ground see as risk-reality versus risk perception and so forth. but simply saying that isn't changing it. and that has really, you know, i think at this point i would have thought that we would have -- would you have started to see a little bit of a cascade or a snowball effect given the r.o.i. for those who are first movers or early movers. so usaid is thinking very creatively about pension funds and prosper africa's bringing delegations from illinois to actually see what the opportunities are and those are paying off and so the communications story, the feedback loop is going to be really important, and mike would be much more thoughtful than me on this, but -- because with mastercard, this is part of what he was ginning up and by being a first mover, as mastercard often was, getting other companies to step up as well. but having said all of that, sorry, one other happy thought which is i think if you look also at ambassador wittman's tenure as ambassador in ke

and so, even at davos a year or two ago, i sat down with the risk assessors to talk about these gaps in what others on the ground see as risk-reality versus risk perception and so forth. but simply saying that isn't changing it. and that has really, you know, i think at this point i would have thought that we would have -- would you have started to see a little bit of a cascade or a snowball effect given the r.o.i. for those who are first movers or early movers. so usaid is thinking very creatively about pension funds and prosper africa's bringing delegations from illinois to actually see what the opportunities are and those are paying off and so the communications story, the feedback loop is going to be really important, and mike would be much more thoughtful than me on this, but -- because with mastercard, this is part of what he was ginning up and by being a first mover, as mastercard often was, getting other companies to step up as well. but having said all of that, sorry, one other happy thought which is i think if you look also at ambassador wittman's tenure as ambassador in ke

trustees here at the foundation who are committed to education and i'm thinking of people like doug davos, peter secchia, hank meyer, who's in the audience, others who are really concern and they do understand that one of the greatest threats to democracy is ignorance of democracy or, not having a voice in that democracy. so i'm proud of the efforts of my predecessors here at the ford presidential foundation, who've done so much to bring ten, 12,000 kids a year through our museum and make sure that they are aware of how our democracy works. yes, the mechanics, but more importantly, that it's people at the end of the day, people of character. at the end of the day that makes a democracy and the leadership necessary to be part of that democracy work. so i have a lot of hope and the rising generation, whether it's through our divorce learning center and our curricula there, whether it's through the ford leadership forum, jeff is the director of that effort for the college students and young professionals and then the continuing education. you all are lifelong learners. you know, you will tal

the davo's-switzerland people. that's who they have aligned with.hey want to destroy this economy. you cannot have communism with the middle class because if people have hope, you can't have communism. you have to have no hope. that makes you have the government take care of you. i think we would be in big trouble here if it wasn't for the second amendment. during covid, more billionaires were created from covid, because all of these large corporations got to stay open. and all the muzzle tov shops got shut down. it destroyed the middle class. this is what they are aiming to do. they are aiming to kill the middle-class so they can usher in communism. i hope people wake up to that fact. because it is going on. 95% of the media is owned by people from davo, switzerland. cnn, comcast, disney, paramount. host: let's get a response. go ahead, batya. guest: i often say the democratic party is like a plane. there are a few people in first class and a lot of people in economy. and what their message to the people in economy is is you can fly for free, so lo

. >> we were in davos just before the pandemic and then president trump visited and he was like the toasty had to acknowledge what was going on and then the pandemic hit and all bets were off. we have talked about that when things get what ru describing right now, to good to be true. let me ask you a question. we are at six or 7%. what if this doge initiative for cutting spending and what of getting rid of a lot of the regulations. what if that actually happens? is it possible that the strong economic cycle could be extended? if you do -- if we do the right things starting on january 20th. >> yes. i'm a big supporter of the deregulation stuff. you referenced my book. it argues the fact that capitaalism has been ruined by to much government and regulations have opinion hurting small and midsized businesses. if trump does succeed and is he a disruptor at the very least you should expect that's shift in the market to take place. you i have been arguing that the maker caps and the big tech have been benefiting from to much regulation. they have -- big regulation helps big companies. if you ge

. >> i remember the conversation with her in davos and a conversation with david solomon.diversify the board. there has been a move afoot, but clearly the move is going in the opposite direction now. >>> we're going to talk about new jersey congress member josh gottheimer. he admitted yesterday that he faked his spotify wrapped list. the list summarizes each top played songs for the year. gottheimer posted the songs appearing to be all by bruce springsteen. the font and numerals in the spacing looked off. he created the list for fun. just relax. he said he shares an account with his children and the play list he posted was a reflection of what his would look like if he did have an individual account. gottheimer is running as governor. >> i'm glad that got cleared up. this is big news. >> he then posted his actual one. it had drake and taylor swift in the top five. he said, yeah, those are my kids. >> i have -- i don't know. i'm like a father. >> my bigger spotify problem, i don't know if you share with your family. we have a family account. if you are playing it somewhere

a lot of people who didn't vote for trump, it scares me and reminds me of davos and a lot of people were supporters of president trump. over there, here comes the savior of capitalism and the pandemic hit two weeks later. i asked trump about that in that interview. it was january 21st and the same day the world health organization admitted human-to-human transmission. one person came to washington state and that was the first case and it was all downhill from there. i hope not. whenever we -- you know, 22 times earnings. maybe we can grow. like bezos said, maybe we can grow into 22 times earnings. >> i think back when we had jack welsh on he program and he talked about regulatory and overhang in washington and how it caused trouble for business. he talked about how to slice that for business. this has been a quest for decades. now potentially having a president going this way. >> there is an idiosyncratic issue with those who have business in front of the president, if you will. >> if you can't beat him, join him. >> yes. >> jealous of tim cook's relationship. >> you don't want to be sin

we have the act that will be introduced at the world economic forum in davos.s. >> thank you. >> it seemed like many ceos and corporations wanted to almost fancy themselves as part of the resistance the first time around, or at minimum torks , ts a check or bulwark to trump. now, he was moved to tweet, "everybody wants to be my friend" in recent days. >> the president-elect is right. it is a remarkable difference from what he witnessed the first time around. if you remember going back to august 2017, after his comments on the charlotteville, awful violence. you had members of his business councils, one by one, walk out, decide they couldn't work with the current president. we saw businesses desperately trying to separate themselves from a polarizing president. now, we're seeing something much more calculated. we see businesses going into the administration with an interesting mixture of fear and greed. two forces are always at work on the minds of ceos. this time around, there is such uncertainty about quite what this president may deliver, that they're despera

he's there in davos. look at him quaffing champagne and having smoked salmon. why isn't he.nd he needs to do that. >> well he needs to be there for not just for trump but actually for macron and the other world leaders who are there , and to leaders who are there, and to engage with them. if we're talking about britain's role in the world, you have to actually talk to other world leaders. and he's not doing that. so i don't know why he's not there. it's a bit of a miscalculation, think. >> well, we do billions in exports, you know, from the uk to the us. he should be there. and it was a big opportunity he's missed. >> he's also the eu. i mean our biggest export markets at eu are in the us. the us is important but that means the biggest market. >> well that means they buy stuff off us, so they need us. if you look at it that well, you just said it's our biggest export market, so they're obviously buying a lot of off us, which is a good thing. >> and we're buying a lot from them. >> but look at the american economy. it's going up. the eu sadly isn't doing so well. no it's not.

he's in davos right now.umber two, if you've got cancer and you you want to have chemotherapy you want to have radiology radiation whatever it is. >> radio received. >> radio received. >> radio received. >> radio gaga is that you. you go ahead i'm not going there at all or surgery i'm not going there. >> i hope you never have to, mate. >> no, don't tell me i have to. i'm not, i'm not. >> i'm saying i hope you never have to, i mean, because some doctor says, you know, i mean, i mean, i hope louis, listen. that's it. listen, i hope i hope you never get unwell and have to make the choice. >> that's why i've made the choice beforehand. is that no radiologist below 1528 00:08:52,

typical, isn't it, of a government headed up by a prime minister who has openly said he prefers to be in davosthis government is more concerned about spending money all over the place in foreign countries. i mean, the particular the particular outrage here is that we over a quarter of under—fives in some depnved quarter of under—fives in some deprived areas of great britain are not reaching the educational standards that they need to be. and yet we have got money to be educating children in malawi. it's completely outrageous. >> i mean, how can they actually justify that? seriously? so on the day our economy shrunk again, looming recession, children in the surrey area, they're saying that they're basically going to have to be home schooled because they can't go to private school anymore because the parents can't afford it. and there is shock, horror, no space in the state sector, crumbling schools left, right and centre. you know, i mean, class size is way above the 30 mark. and there we are out there in malawi doing the old saviour bit. >> i'm finding it hard to understand what is the logic a