the fate of western capitalism and globalization i'm joined by john laughlin the director of studies at the institute of democracy and cooperation. in politics at the university of kent and allan friedman he's a former economist working for the greater london authority and i'd like to point out predicted the second wave of this great contraction all right gentlemen let's look at capitalism as it stands today we have china we have brazil we have india we have russia lecturing the west now west lecturing the united states and the european union john is a case where the west says do what we say but don't do what we do budget deficits fiscal policy the mess and gridlock all around well the reason why these countries are lecturing america is that for forty years america has had an exorbitant privilege in the international financial system the dollar is the dominant reserve currency and moreover since the decision taken by president nixon exactly forty years ago in august one nine hundred seventy one to close the gold window in other words to cut all links between the dollar and gold the whole world has lived in a dollar dominated reg

can be sure those demands are going to be continued and join a local and from the institute of democracy and cooperation or carrots as the international situation next year because significant changes and a new elected russian president will have to be i thought if to deal with them. but there are differences there have been big differences between make you different one of the. things that people usually said are if it's that he's mall somehow pro-west and grow it all and so on where it's good you know it's more hardline that's not my view at all but it's after all under a million president said life but the russian children of war was fought in two thousand and eight to build a wall which radically change the balance of power we're going to egypt where as it was one of the to make it easier to see that nato enlarged. and included former soviet republics like the baltic states alone and of course made his famous question to you here a nature of your enjoy the show to make us known for all those things happened out of them to us right you know but i'd like to make one point and that is that the internat

and reaction as soon as we get. just a few moments ago we split speech about john laughlin of the institute for democracy and cooperation in paris and he says that today's announcement proves the rumors of a rift within the time they were much exaggerated. there are differences there have been big differences between if and one of the. things that people usually say about me if it's pretty small pick some up or a western protocol and so on whereas putin it's more hardline that's not my view at all it's after all on the media which presents a good life but the russian children of war was fought in two thousand to me to derail the war which radically changed the balance of power we're going to be where as it was under vladimir putin as you see that nato enlarged to. and including former soviet republics i think states alone and of course made its famous question to you green literally oranges to be honest and for all those things happened under the to. but i'd like to make one point and that is that the international situation that russia will face as good in takes over power again as president next year and as the russia

in part by a certain degree of popular support and people there in tripoli who continue to have that support. director of studies at the institute for democracy and cooperation in paris thank you for those thoughts. well after you spoke to russia's envoy to the u.n. says the libyan experience is helping determine my position on syria you can see the full interview later this hour has a pretty. good if you want to protect civilians the worst thing you do is start a civil war and this is what happened let's face it concern is there any sanctions resolution. on syria in the security council might do seem the structure of elements of syrian opposition and sort of encouragement and looking at libya something similar to what happened in libya may be happening in syria. very. destructive consequences or western colleagues are swearing to us this is not their intention to use military force well incidentally we have to remind them of the statements and assurances from the various sorts when we're working on the resolution of libya which they will very quickly forgotten in the heat of the. political season may have just got underway but the scandals already arrived t

to look at it from the institute for democracy and cooperation of paris as big financial situation next year could see significant changes and a newly elected russian president or have to be assertive to deal with the. there are differences there have been big differences between if and putin one of the. things that people usually said i mean if it's that he's moral somehow pro western protocol and so on whereas putin is more hardline that's not my view at all rates after a lot of media doing with presidents he had left but the russian children's war was fought in two thousand money to go to war which radically change the balance of power we're going to have a deal where as it was a little timid who teaches that nato enlargement. including former soviet republics like altered states and of course made its famous push into ukraine beyond traditional to me i was going for all those things happened under guten us were actually able to make one plain and that is that the international situation that russia will face as. in takes over power again as president next year and as that russia goe

of committing war crimes including the killings and torture of military prisoners and civilians these are being felt by some here that more is in store reflection r t tripoli libya. and when the institute for democracy and cooperation in paris says the current visit to libya underlines the will goal of the nato strategy. i don't think anybody seriously bought the line that this intervention was about protecting civilians that was merely the fig leaf the legal think leaf that france britain and america used to overthrow gadhafi the west by overthrowing gadhafi wanted to maintain the fiction that the entire world is moving towards a western dominated model of pro western model it wanted to show that the arab spring movement was a movement for liberal western style democracy and of course as soon as a country is stated as a regime stood in the way of that apparent wave the can which was the case of libya its regime was brushed aside that has now been achieved and that's why david cameron and nicolas sarkozy have come out today it's to demonstrate their fight and it's to publicize to show to the world their victory at least in their own terms. well r.t. spoke to russia as an employee to the u.n. he says the libyan expe

supports prime minister putin for the presidency of two thousand and twelve and it's free to join law and from the institute for democracy and cooperation for us live in paris and get some insight on this. missed a lot of and i'm hoping you can hear me this point or this move the timing of it some people saying this was expected your thoughts. it was expected on the other hand as we know the russian political class has been in a state of extreme tension now for many months paralysis almost waiting for the announcement to be made so i'm sure the applause that we saw from the party congress just now was enthusiastic yes but also an enormous i release the political process think we've been concentrated exclusively on this issue now for a very long time and people i'm sure in moscow will be very happy now that at least the way is clear for the parliamentary elections in december and the presidential elections next year. i was speaking to what he said lavelle just. saying that ultimately the times of the relationship between negative version of the past several years have been a positive one are both leaders forecasting a positive future for

embargo let's discuss this more with john laughlin from the institute for democracy and cooperation a very perilous time it's locked in many times of being with us here at r.t. now additional nato peacekeepers have been drafted in to try and keep calm in the region as i was saying but bear existing presence he was to lead to just more armed conflict in the region what effect do you think they get more troops will have on the very fragile situation there. well that's a very good question you know it's difficult to predict isn't it the future outcome of this i mean i have to say it was a historical perspective one of call. border posts. but it was when slovenia tried to set up its own border posts with austria and when the yugoslav authorities as they then were intervene to prevent that but the beginning of the process of the destruction of yugoslavia started so this bodes very ill but i was interested by the report you've just carried from god god through balloon the interview way where the british army. discussed recently said the european union is the problem not the solution that applies in this situation as well it's the europea

lot learned from the institute for democracy and cooperation in paris came some comment to you says putin becoming russia's president of the greater european affairs. there are differences there have been big differences between if and putin one of the. things that people usually say about me if it's these moral somehow pro western and very liberal and so on whereas putin is more hardline that's not my view at all it's after a lot of media presence he had left but the russian georgian of war was fought in two thousand meter of the war which radically changed the balance of power we're going to estimate whereas it was under vladimir putin to see that nato enlarged to . include the former soviet republics like you baltic states and of course made his famous question to you grain beyond traditional to make us known for all those things happened under go to persuasion or like to make one point and that is that the international situation that russia will face as. in takes over power again as president next year and as that russia goes into the elections in december is very very uncertain indeed hit me in obvious point to m

vladimir putin will run for the presidency of two thousand and twelve we had a moment after that to speak to john laughlin from the institute for democracy and cooperation in paris he says putin becoming russia's president would actually have a great impact on european affairs. there are differences that have made big differences between a few different hooted one of the three main things that people usually say about me if is that these moral compass some are pro west and go liberal and so on whereas putin is more hardline start my view at all or it's after all under a million presidents he had left at the russian children of war was fought in two thousand it may trigger the war which radically change the balance of power we're going to be just where as it was a lady who teaches that nato in march to and including former soviet republics like altered states and of course made his famous question to arraign intramural traditionally arson and for all those things happened under go to persuasion i would like to make one point and that is that the international situation that russia will face as. in takes over power again as president next year and as that

institute for democracy and cooperation in paris says putin becoming russia's president have a great impact on european affairs now. there are differences there have been big differences between if and booted one of the. things that people usually say on it is that he's maul some a pro western road liberal and so on whereas putin is more outline but that's not my view at all or it's after all i'm going to be doing the presidency of life at the russian children of war was fought in two thousand and eight to the war which radically change the balance of power will go s.f. media where as it was and of letting it get easier as you see that nato is march to . including former soviet republics i will take states on and of course made his famous push into ukraine during the orange revolution jimmy osmond for all those things happened under a new to us well actually i would like to make one point and that is that the international situation that russia will face as. you know takes over power again as president next year and as that russia goes into elections in december is very very uncertain indeed it may be an obvious point to make but i think it's worth recalling that we are looking now as has been sa

of these. too many monopolies and too many monopolies held in place i'm afraid. in coming analysis from much on laughlin from the institute for democracy and cooperation in paris we spoke to him just a bit earlier here on our team jonathan says put into becoming a russia's president i would have a great impact on european affairs. there are differences there have been big differences between the get different groups in one of the three main things that people usually say about me it is that he's moral some are pro western road liberal and so on whereas scruton is more hardline that's not my view at all but it's after all under a million president said life that the russian george of war was fought in two thousand and eight to be a war which radically changed the balance of power in the go estimated years whereas it was under vladimir putin to see that nato enlargement. included former soviet republics likely baltic states and of course made his famous question to you crane it during your introduction to me us and for all those things happened under the aegis marginal but i'd like to make one point and that is that the international situation that russia will face

of these. too many monopolies then too many. held in place i'm afraid if i correct all the car i will suspect john laughlin from the institute for democracy and cooperation in paris john says to put in a becoming russia's president will actually have a great impact on the european affairs. there are differences there have been big differences between make it different one of the. things that people usually said on it it is that you small somehow pro western pro football and so on where scrutiny is more hardline that's not my view at all it's after a lot of media president see it like that the russian children's war was fought in two thousand money to build a wall which radically change the balance of power we're going to be where as it was under vladimir putin as that nato in march to. including former soviet republics states and of course made its famous push into ukraine intramural traditional to me i was known for all those things happened under them to us watching the show but i'd like to make one point and that is that the international situation that russia will face as. takes over power again as president next year and as the russia goes into the

institute for democracy and cooperation in paris told us putin becoming russia's president would have a great impact on european affairs. there are differences they have really big differences between media different groups in one of the. things that people usually said it is that he's moral some are pro western and very liberal and so on whereas putin is more outline that's not my view at all it's after all on the million presidency of life that the russian children's war was fought in two thousand might need to be a war which radically change the balance of power we're going to be just where as it was under vladimir putin to see that nato is large to. include former soviet republics likely baltic states and of course made his famous push into ukraine literally on traditional to me i was known for all those things happened under clinton was marginal but i'd like to make one point and that is that the international situation that russia will face as who's in takes over power again as president next year and as the russia goes into the elections in december is very very uncertain indeed it may be an obvious point to make but i think it's worth recalling that we are looking now as has been said in the press now for