center on capitalism and society at columbia university and a professor of economics at lebanese american university safe welcome to the kaiser report thank you for having an ox all right save you recently wrote a piece for the financial times called too much aid will hobble the arab spring first tell us what are our economic issues economic issues behind the arab spring and then whether this western aid and debt will address any of these economic issues a lot of these problems were economic it wasn't exclusively to know it but a lot of it was a comic and the real economic problems i feel are the government control over the various sectors of the economy which was something that was strengthened over the past couple of decades through international institutions supervision of privatization programs which ended up strengthening the hand of the mubarak and banal regimes in those countries and allowing them and their cronies to control more and more of the economic activity of the country and of the switch enrich them while at the same time denying a lot about the comic opportunities for everybody else

the center of capitalism in society at columbia university a professor of economics at lebanese american university thanks for being on the kaiser report thank you all right now is going to do it for this edition of the kaiser report with me max kaiser and stacy herbert i would thank my guests say for daytime if you want to send me an e-mail please do so at kaiser report at r.t. t.v. dot ru until next time this is backscatter saying bye. for. and again this is the headlines. the greek capital erupts and get plans for yet more austerity measures if the government fails to reduce expenditure it or not the irish both the bailout cash from the i.m.f. which could lead to the country defaulting on its debts. also nato has missile defense plans a serious blow and as a frustrated czech republic drops out. and iran confirms it has no plans to possess nuclear weapons at a key summit to asian leaders and passed on the stock. and those are the headlines coming up next security for the u.s. headache for the rest. were appalled to see how the world views america's ever spreading military presence. beginning in t