with the with capital and actually i would say it's a repudiation of comics his view of history karl marx tends to look at history as a story of claw struggle i certainly agree that throughout history many societies have had small parasitic elites but marx then argues that actually the the answer is to try to organize society by blueprint by design and i did mean marxist prescription before you get to the prescriptions you talk about the power of capitalism to transform human societies this recent phenomena this is talk of absolutely the driving force for human progress i argue historically has been the free market they've built to specialize and exchange it's the opposite actually of exploitation it's people freely entering into mutually advantageous relationships economic relationships from which they get societies where that was allowed to happen very very rarely did that happen until until recently flourished but most people who ever lived were poor precisely because the parasitic elites at the apex of society prevented the free market from coming into play some readers might be surpr

marx and angles say experimentation is no good. we have seen the future and they share prophecy but they did it in the name of science. the prophecy was very compelling, people found it convincing, the second half of the 19th century socialist parties grew up mostly of marxist stripe or heavily under the influence of marxism and became major forces in countries all over europe. but there was a problem. 50 years after the communist manifesto marx and engels, the leading intellectual disciple, the air, edward bernstein, observed the prophecy wasn't coming true. the core of the laws of history was workers were going to grow constantly more miserable until they would be compelled to create the revolution that would usher in the new age but there had been no revolution 50 years later, no sign of revolution and bernstein said there has been no revolution because the prediction was wrong. the situation with workers hasn't gotten worse, it has gotten better. it has steadily improved. he may have been better positioned to register that beca

i'm willem marx. these are your headlines european stocks open lower while crude prices surge after two shipping incidents in the gulf of oman. >>> president trump leaves the deadline open for fresh tariffs on china as he warns the relationship with beijing that becomes challenging. >> i think we'll end up making a deal with china. we have a very good relationship, it's a bit testy right now as you would expect. i think they have to make a deal >>> tesco hales a strong start to the year but uk sales slow in the latest quarter >>> and a calmer day in hong kong after massive protests against the extradition bill turned violent forcing the closure of government offices while beijing looks to allay investor concerns about the unrest >>> good morning it's been a relatively strong start for the day across europe you can see the ftse is 0.15% higher dax in germany trading 0.40% higher in paris, the cac 40 is slightly above the flat line. in italy, the ftse mib trading about a quarter percent higher let's loo

i'm willem marx. >> i'm joumanna bercetche. these are your headlines >> desperation and despair iran's president blasts new sanctions from the white house and says they're doomed to fail. >>> european markets follow asia lower after a u.s. judge reportedly finds three chinese banks in contempt for failing to comply with a probe into north korea sanctions violations >>> french business consultancy capgemini buys digital services firm altran in a deal worth 3.6 billion euros sending shares in both companies higher. >>> and fedex soothes the u.s. government over chinese export restrictions describing the measures as an impossible burden, this ahead of fourth quarter earnings due after the bell today >>> it was a risk-off tone in asian equities overnight lots of concerns as we head into the g20 summit towards the end of this week and the geopolitical narrative hanging heavily over how the market is trading. not a pretty picture for european markets ftse 100 don't 0.3% as boris johnson reaffirms that the uk will be exiting the eu on

i'm joumanna bercetche >> i'm willem marx we're in london. nancy hungerford is in osaka these are your headlines >> cnbc confirms the chinese leader is ready to deliver a set of demands to president trump for an eventual trade deal as trump strikes an upbeat tone on the critical meeting with president xi tomorrow. >> i think we have a very good chance we'll see what happens ultimately something will happen a lot of people are talking about it it's interesting it's going to come out hopefully well for both countries. ultimately it will work out. >> trump also talks up his relationship with russia as he meets with president putin on the sidelines of the g20 and warns him against further election interference. >>> deutsche bank shares jump after passing the fed's stress test but credit suisse dips as it scrapes through with a conditional pass >>> and merlis shares surge after a 6 billion pound takeover by the lego family in blackstone >>> welcome to the show. in less than 24 hours u.s. president president trump and chinese president xi will sit

i'm willem marx. >> i'm joumanna bercetche. these are your headlines >>> president trump confirms he will meet with xi jinping at the g20 summit but blackstone's ceo steve schwarzman tells cnbc he's not optimistic a deal will be reached. >> i think that's extremely improbable because there's been almost nothing happening since may. >> asian stocks follow u.s. equities higher on renewed helps elsewhere for a potential u.s./china trade deal. that confidence fails to spark european markets >>> president trump takes aim at jerome powell ahead of today's policy meeting saying he could consider demoting the central bank head. the imf chief's economist says independence has to be maintained >> we emphasize the importance of of independent central banks. and that has to be preserved >>> and trump also blasts ecb president mario draghi and his stimulus plans putting the euro under pressure >> there are risks mainly because of brexit, also because of the trade conflict. even the persistence of these risks are a risk in itself >>> the lat

i'm willem marx. >> i'm joumanna bercetche. these are your headlines >>> european equities rally and basic resources hit their highest level in more than a month on a report that the u.s. and china struck a trade truce >> we're meeting with china, just so you know china has been paying us billions and billions of dollars. until i got here they never paid this country ten cents we'll see what happens with china. >> xi jinping touches down in osaka ahead of crunch talks with president trump at the g20 as china's commerce ministry calls for an immediate end to all tariffs. >>> bayer shares are on track for their best day since january as the german chemicals group bolsters its legal team to address multibillion dollar litigation challenge around its round-up weed killer. >>> and h&m reports sales of its summer collection are off to a strong start with the firm's shares on course for their best day in three months. >>> if you wanted to get enthusiastic about a g20 meeting, you can't imagine better weather than this this is the scen

i'm joumanna bercetche. >> i'm willem marx thanks so much for watching. exchange" will be up next the first survivor of alzheimer's disease is out there. and the alzheimer's association is going to make it happen. but we won't get there without you. visit alz.org to join the fight. ♪ >>> good morning it is 5:00 a.m. here in philadelphia and we are just outside the refinery that exploded and burned here on friday. one which shook houses and tearfied a city. a mixture of propane and butane ignited setting off an explosion so big that it could be seen from space and felt for miles. the blast has closed part of the refinery, which is the largest on the east coast and many questions remain >>> it is monday, june 24th and a big morning ahead as "worldwide exchange" begins right now.

with the with capital and actually i would say it's a repudiation of comics his view of history karl marx tends to look at history as a story of claw struggle i certainly agree that throughout history many societies have had small parasitic elites but marx then argues that actually the the answer is to try to organize society by blueprint by design and i did mean marxist prescription but before you get to the prescriptions you talk about the power of capitalism to transform human societies this recent phenomena this is talk of absolutely the driving force for human progress i argue historically has been the free market they've built.

with the with capital and actually i would say it's a repudiation of comics his view of history karl marx tends to look at history as a story of claw struggle i certainly agree that throughout history many societies have had small parasitic elites but marx then argues that actually the the answer is to try to organize society by blueprint by design you know i did mean marxist prescription before you get to the prescriptions you talk about the power of capitalism to transform human society is this recent phenomena this is talk of absolutely the driving force for human progress i argue historically has been the free market they've built to specialize and exchange it's the opposite actually of exploitation it's people freely entering into. just relationships economic relationships from which they get societies where that was allowed to happen very very rarely did that happen until until recently flourished but most people who ever lived were poor precisely because the parasitic elites at the apex of society prevented the free market from coming into play some readers might be surprised thoug

expertos como marx salazar temen que la medida aprobada hoy permita que los policÍas realicen mÁs arrestos de enfermedad mental. palmira: se votÓ en contra de la colaboraciÓn con ice. >> estamos desilusionados. palmira: un reporte divulgado durante la votaciÓn de hoy indica que esto generarÍa un problema irreparable con la comunidad inmigrante. ramÓn: hoy tuvimos un dÍa sabroso, soleado. vamos a conectar con suheily lÓpez belÉn que nos va a decir qué nos espera. suheily: mucho calor nos espera en el Área de la bahÍa. en el Área de la bahÍa se acerca a los 95. san josÉ con los 89°. en sÓlo minutos el pronóstico extendido. hoy tenemos varias aplicaciones que incluyan los centros que ofrecen clases para los mÁs pequeÑos. >> nos deben acompaÑar este verano. ramÓn: hay 113 campamentos de verano que ofrecen clases de nataciÓn, cocina y muchas actividades. palmira: donald trump vuelve a amenazar a mÉxico con el impuesto de aranceles. padres de familia indignados con las autoridades escolares por las pÉsimas condiciones de salubridad en una escuela. palmira: padres de estudiantes en san francisco

in 1905 the newly elected socialist youth chairwoman professed her feet and karl marx. frank ocean angles the philosopher said his name will live on through the centuries and so will his work i'm certain of this. she proved her resilience both in past leadership functions and as labor minister in the previous coalition after the party's dismal showing in germany's 2017 elections it was clear she would emerge as a key player. yesterday the s.p.d. is needed i told you so you know but more bad alexion results left deep wounds in the s.p.d. after andrea analysis fought for her party to enter another governing coalition with the center right the s.p.d. suffered heavy losses in state elections now mrs hope of reenergizing the party failed to win over voters now that her own party members have lost faith in her leadership now liz has thrown in the towel after 20 years. and ran alice was one of 3 leaders the us payday has had only 2 years but is this crisis really about her or is this a crisis of the german social democrats in general. i think one has to say it's a little bit o

in 1905 the newly elected socialist youth chairwoman professed her feet and karl marx i love the transition angles the philosopher said his name will live on through the centuries and so will his work i'm certain of this. she proved her resilience both in past leadership functions and as labor minister in the previous coalition after the party's dismal showing in germany's 2017 elections it was clear she would emerge as a key player. yesterday the s.p.d. is needed i told you so you know but more bad alexion results left deep wounds in the s.p.d. after andrea analysis fought for her party to enter another governing coalition with the center right the s.p.d. suffered heavy losses in state elections now this is hope of reenergizing the party failed to win over voters now that her own party members have lost faith in her leadership now liz has thrown in the towel after 20 years. now huns under analysis was one of 3 leaders the esp a day has had only 2 years but is this crisis really about her or is this a crisis of the german social democrats in general. i think one has to say it's a little bit

in 1905 the newly elected socialist youth chairwoman professed her feet and karl marx i love the transition angles the philosopher said his name will live on through the centuries and so will his work i'm certain of this. she proved her resilience both in past leadership functions and as labor minister in the previous coalition after the party's dismal showing in germany's 2017 elections it was clear she would emerge as a key player. yesterday the s.p.d. is needed i told you so i know but more bad alexion results left deep wounds in the s.p.d. after andrea analysis fought for her party to enter another governing coalition with the center right the s.p.d. suffered heavy losses in state elections now mrs hope of reenergizing the party failed to win over voters now that her own party members have lost faith in her leadership now liz has thrown in the towel after 20 years. under analysis was one of 3 leaders the esp a day has had only 2 years but is this crisis really about her or is this a crisis of the german social democrats in general. i think one has to say it's a little bit of both clearl

in 1905 the newly elected socialist youth chairwoman professed her faith and karl marx i love the transition angles the philosopher said his name will live on through the centuries and so will his work i'm certain of this. she proved her resilience both in past leadership functions and as labor minister in the previous coalition after the party's dismal showing in germany's 2017 elections it was clear she would emerge as a key player. yesterday the s.p.d. is needed i told you so you know but more bad alexion results left deep wounds in the s.p.d. after andrea analysis fought for her party to enter another governing coalition with the center right the s.p.d. suffered heavy losses in state elections now this is hope of reenergizing the party failed to win over voters now that her own party members have lost faith in her leadership now liz has thrown in the towel after 20 years. now huns under analysis was one of 3 leaders the esp a day has had only 2 years but is this crisis really about her or is this a crisis of the german social democrats in general. i think one has to say it's a little bit

yesterday, "teen vogue" tweeted this to its followers, "everything you should know about karl marx, andr current political climate." "teen vogue" didn't mention the downsides. many millions, tens of millions murdered by marx's ideas, russia, venezuela, cuba, so many other countries. instead, they call marxism an inspiration and a bulwark against oppression. "teen vogue" used to target young people, now they target 35-year-olds with childish political beliefs. one of japan's closest neighbors is russia, and that is where this incredible survival story comes from. a russian man in siberia was mauled by a brown bear, then dragged back to its den to be kept for later like a plate of leftovers.d he suffered from a broken spine, but managed to stay alive for a month, apparently without food or water, until he was found by a group of hunters who rescued him, and now is in the hospital recovering. how did this happen? is it a real story? could you do it if you were grabbed by a bear? dr. marc siegel is fox's medical correspondent and joins us tonight. >> hi, tucker. >> tucker: this is a story t

yesterday, "teen vogue" tweeted this to its followers, "everything you should know about karl marx."are relevant to our current come political climate. "teen vogue" didn't mention the downsides to many millions, tens of millions murdered by marx's ideas, russia, venezuela, cuba, so many other countries. instead, they call marxism a bulwark against oppression. "teen vogue" used to target young people, now they target 35 years old. one of japan's closest neighbors as russia, that is where this incredible survival story comes from. a russian man in siberia was mauled by a brown bear then dragged back to its den to become my cap for later like a plate of left overs. he suffered from a broken spine, but managed to stay alive for a month, apparently without food or water, until he was found by a group of hunters who rescued him, and now is in the hospital recovering. how did this happen? is it a real story? could you do it if you are god by a bear? dr. marc siegel is fox's medical correspondent and joins us tonight. >> hi, tucker. >> tucker: this is a story that you want to believe is true

i'm willem marx. >> i'm joumanna bercetche. these are your headlines european equities follow wall street into the red and gold retreats from a six-year high as jerome powell dampens rate cut expectations. >> the question my colleagues and i are grappling with are whether these uncertainties will continue to weigh on the outlook and thus call for additional policy accommodation we're mindful that monetary policy should not overreact to any individual data point or short-term swing in sentiment. >>> president trump threatens obliteration if iran attacks anything american in the latest war of words between washington and tehran we'll speak to u.s. treasury secretary steve mnuchin in the next 20 minutes. >>> and thyssenkrupp shares get a lift on a report of a possible offer by engineering firm kone for the elevator unit. >>> and european chip stocks rise after micron beats third quarter forecasts and resumes shipments to huawei despite a washington ban on the chinese tech giant >>> we had a waeseaker session u.s. equities into the

. >> let me bring this other thing into the conversation and that is this new memo by howard marx. oak tree's howard marx this time it's different he takes on that idea, and i wonder if we're hearing a lot of that overarching theme that a lot of people are putting forth to justify where the market is s this time it's different, they say. he says for that to be true, all of these things have to be right. there doesn't have to be a recession, continuous quantitative easing can lead to permanent prosperity, debt doesn't matter, strength without inverted yield curve does not have negative implications he says the bottom line is for any of those to be true, things have to be different this time. >> things are different this time. >> they are different? >> i used to disagree and say it's never any different when i had a manager come on me and spun this time it's different, i would say done, see you later, it's never any different. >> why >> because the play book's not written yet. we never had rates this low. we never had such a large percentage of sovereign debt negative by the way, he

models are back in the headlines and once again it's for the wrong reasons after the grounding of the marx's comes the news that the current model could have defected of parts boeing says up to $148.00 parts could be faulty including the wing components which enable pilots to reduce speed. the federal aviation administration has given the company 10 days to replace suspicious parts while boeing says the risk of a cross hasn't risen the latest revelation has dealt a further blow to its reputation and that's a ready having major economic consequences many airlines are already mulling canceling their orders that puts billions of dollars on the line. prior to the concerns over the 737 boeing listed 4636 orders i figure that could face a steep drop. potentially enabling european competitor air bus to profit its a 320 neo both similar features and had clocked 3605 orders with an increasing number of customers losing confidence in the boeing brand the aviation giant is likely to face more turbulent times. today is world bicycle day a survey by a german insurance company has named the dot city of yo

question is i suppose the success of the greens that has now been on the very been on the rise as marx he was pointing out for quite some time is it here to stay because they've been they've been here before and faded back to becoming a 1015 percent party are they here to stay this time as one of germany's leading forces i mean i'm a bit more cautious about these polls reading and press and polls are polls elections are elections and by the way european elections are different from national elections in national elections of people will vote more for party where they're not only have trust and have sympathies but they must think that they are able to govern and if we are looking to 2 people at the top of the corrientes we would immediately say they do not have any experience in governing and to tramp from the top of the party into the main offices of the country it's a long way to go and this will be in the perception of the voters as well ok i want to talk about those 2 percent 2 leaders in a minute but just to you you characterized the greens is a policy of privilege that sounds very

kennedy: "under the tousled boyish haircut is still old karl marx." in the 1990s, then congressman newt gingrich claimed president bill clinton's health care plan was "centralized bureaucratic socialism." the conservative heritage foundation has claimed that the children's health insurance program, the chip program, was "a step towards socialism." former speaker of the house john boehner claimed the stimulus package, the omnibus spending bill and the budget proposed by president barack obama were "all one big down payment on a new american socialist experiment." in this regard, president harry truman was right when he said that "socialism is the epithet they have hurled at every advance the people have made in the last 20 years. socialism is what they called social security. socialism is what they called farm price supports. socialism is what they called bank deposit insurance. socialism is what they called the growth of free and independent labor organizations. socialism is their name for almost anything that helps all the people." harry truman. [app

comes to russia and china and india hugely influenced and there are independent struggles by karl marx you just mentioned the european union tony benn jeremy corbyn these are characters that forwards the centralization of europe and regionalization what is the difference here between what the history difference is in this book and say something that jeremy corbyn might come up with i think maybe superficially a lot a lot of the analysis and in common take someone like thomas piketty thomas because he is has written the french economist has written about how at the moment we see what he regards as inevitable emergence of a an economic oligarchy but where picotee and coburn and co would argue that what you need is state fit state intervention to disperse power i would argue that in the past when you try to attack on a donkey with a form of redistributive populism you actually end up playing straight into the hands of the emerging oligarchy colbert is no he had to develop what i think anyway i think that will blairite that goal with this of course it's a long time as you've been on this s

researchers say the discovery marx the first adaptation of skeletal adaptation of everyday life.t may be called "text neck." >> trevor: that's right, you can get horns in the back of your skull from constantly looking at your phone, which is freaking cool. ( laughter ) i need to look at my phone more often! wow! ( laughter ) this is completely serious. they say if you place two fingers at the base of your skull and if that bone there is sticking out, if you can feel a bone sticking out, it means you use your phone too much. and then if you don't have that bone, scientists say it's because you're an asshole who doesn't text back. ( laughter ) and that's not the only way phones are physically making us change. like if this finger has gotten longer, it's probably because you're always going, uh, can i borrow a charger, please? can i? can i? i don't know about you guys but this news totally freaked me out. you realize what this means for human evolution. if we keep using our phones eventually our sculsz are crane forward, our hands will change and come here because we always spend ou

models are back in the headlines and once again it's for the wrong reasons after the grounding of the marx's comes the news that that current model could have to fecht of parts boeing says up to $148.00 parts could be faulty including wing components which enable pilots to reduce speed . to federal aviation administration has given the company 10 days to replace suspicious parts while boeing says the risk of a cross hasn't risen the latest revelation has dealt a further blow to its reputation. with an increasing number of customers losing confidence in the boeing brand the aviation giant is likely to face more turbulent times. a debate is raging in venice where the big ships would be a lot so close to the city's fragile canals and it comes after a cruise liner lost control and crashed into a pier and a tourist boat at the weekend injuring several feet to. the huge cruise ship home but it was too late for the much smaller tourist vessel to get out of the way the 13 deck opera with some 2 and a half 1000 passengers on board hit the river countess. and then pushed past it crashing into the dock

revolution was much greater felt in the rest of asia in africa and in south america than it was felt in marx's home countries of germany and britain now we're just commemorating celebrating who knows how the establishment will see the end of us or the treaty of versailles so we know about history and the way it's written by victors and so on this get into premonitions 1st because i got to say i have to say from the outset richard this is one of the op most optimistic happy books they won't get ever imagine they're just going through the premonitions you name check got on the in india the easter rising in ireland and apartheid in mexico you see one interesting feature of what had happened the years before the russian revolution was that the people are on the move and this was evident to lenin you gotta understand that you know lenin was sitting in switzerland in zuma wild with a group of his colleagues in the what became the bolshevik movement there were about 15 of them you know it was a small group and yet they looked around the world and they said there's been a revolution in mexico into in

buckley jr. invited groucho marx to debate whether the world was funny. is the world funny? >> i would agree with him. yeah, i wod agree with him. >> that the world isn't funny... >> comedians can be dark people, for sure. i think that the world -- i think you have to look for the funny. >> is that -- that's the serce of comedians is -- >> yeah, to sparkle it up. well, it's the service ofan come but it's also something good to do in your own life is to look for the funny. everything's funny. death can be funny. i an, it's not ultimately funny, but there are moments of funny in everything. and i think it's tappingnto that and just being, like, you know, there's sparklies. >> the part about your biography i think that some pe who watch this program may not know is that, maybe in a not sparkly part of your life is when you discovered that you were funny. you were in dui class. mm-hmm. >> can you tell us that story? >> i got a dui when i was 21, and i had to go to dool, where you get up and tell your story about your dui, but i was so scared to publicly speak that i didn't -- i

website as macro view dot edu thanks for being on the cause or report thanks marx my pleasure all right not going to dare for this edition of the kaiser report with me max kaiser and stacy harvard i think our gas cosseting macro view dot edu if you want to catch us on twitter if guys are important and i stand by you off. the phone. with was 9. 100 before predictably was god i. was. put them so. they get accepted or rejected. so when you want to be president. wanted. to do it for us that's what. 3 of them or can't be good for. industry always in the water as in the. first. officer. to get up off the ground serve began to pay him down to. hurt them freeze on the sounds of an mit grown man like wrestling essentially. through his or her own. twisted away from the officer. out of his group. they obviously did a kind of lunge for the web in one's midst and it would have been done she swung at the officers hands didn't hit him i never saw any contact with. any kind of went back to where they were so the officers back here there try again 15 feet apart at this point and that's when the officer

. >> marx hey, whoa, circumstances calm down. >> can someone diffuse the situation here?trevor: this is ridiculous. how do civilians know bettor how to act like police than the police know how to act like police? ( applause ) how? because this guy's next to the car, holding his phone, but instead of panicking, he's trying to calm things down. he's even using the language cops are supposed to be thinking about. guys, let's diffuse the situation. that's how you know shit has gone wrong because back in the days the guys holding is phone used to be, like, whoa, man, he's about to bust a cop in his ass! now the cops say that. people are sounding like trained police -- deescalate the situation and read him his miranda rights, come on! you would think this is as bad as a story could get, but what makes it worse is if we didn't have these videos, those cops would have been able to paint a very different picture of how this all went down. >> major differences emerge between the police report and the video captured by witnesses. >> nowhere in the report does he mention yelling you'