anesha kanaka fast is lp museum on 2nd. for now everybody here must keep going, do the best they can for the ongoing influx of patience and hoping that the peak of the current wave will soon subside. thick with its dark films up next. and i'll see you tomorrow with the green you feel worried about the planets me to on the old hosting of the on the green funds podcast. and to me it's clear remains to trade. join me for a deep dive into the green transformation for me, for you, for the plans ah,

ah, silicon valley in california and from here, companies like apple and google have conquered the world. but their success has come at a price language to see the value from us up a. so you must be very wealthy. well, i was living in los altos before came, you know, this very exclusive area to live in. david is a tradesman, the rise of tech companies has made it impossible to pay rent living for 3 years. but he's been living in a vanity right next to close campus. partially the group. i was living in the house . it was a 2 bedroom house, was paying about $2400.00 a month. that was june. okay. well the guy realizing get $5000.00 a month for this place, right. so he tells me you got to go and the lease is up. i'm going to remodel. and so people like me like i've been here, my wife. i got no where to go. silicon valley and san francisco belong to the bay

area. as of 2021, there were around 35000 homeless people here alongside the highest density of billionaires in the world. and the pandemic has only exacerbated that inequality. it really precludes any possibility of us having a meaningful democracy when some people at our community have not only their basic needs assured, but every conceivable object of opulence and other people can even survive. i think that exposes that are pre tense of democracy in the country is something a fars facebook, google, amazon, and apple have changed the global economy. have they become too big in the process? politicians seem to want to limit the companies power with the purpose of today's hearing is to examine the dominance of amazon, apple, facebook, and google. in fact, bosses have been called to testify before congress have so the tech industry is an

american success story. the products we build of change the world and improve people's lives lanes to build products that increase access to opportunity for everyone. no matter where you live, what you believe, or how much money you tech companies don't see their marketplace power as a problem. one of the biggest problems with years is that they believe that because their intentions are good outcomes will be good and that it's really hard for them to imagine that despite their good efforts, some things have gone completely down the train. ah, ah, ah davos switzerland. this is where the world's most powerful people gather for the world economic forum. in january 2019, the corona virus pandemic was still

a long way off. a dutch historian put his finger on the problem 1500 private yes, clone in here. and i mean, i hear people talk in the language of participation and justice and equality and transparency. but then, i mean, almost no one raises the real issue, effects avoidance, right? go out, we got to be talking about texas. yeah, that's it. axis, texas, texas, all the rest, in my opinion with the fact is that more and more of our world belongs to a few super rich people. one reason for that is tax avoidance. between 20142018 billionaire, amazon. c, e o jeff bezos paint an effective tax rate of 0.9 percent. compare that to the top us tax rate of almost 40 percent for economic historian adam choose. the problem is systemic. they will say dr. is it inequality at the top?

if you, if you look at the income distribution in american society, a very key element of the surge of the wealth and income of the top one percent is not just people on wall street. it's the senior managerial elite and their technicians in these companies who have very big stock options, very handsome compensation, and then they get bonuses on top. so these successful companies distort and drive increasing polarization in american society. the corona virus has exacerbated the trend between 20202022, while many americans were losing their jobs. jeff basis is fortune grew by more than $80000000000.00. the standard story that we've always been told about the creation of wealth. that is, that it is created at the top. i buy these brilliant entrepreneurs in innovators and then dental trickle down to the rest of us. i and sure we can tax them, but we also got to be grateful. and you should attack them too much because that

may, you know, this incentivize their great work. what we come to realize maybe, especially because of the pandemic, is that actually it's the other way around the real wealth creators that were really dependent on our, the plumbers, the teachers, the nurses, to care workers. you name it am. if they stop working, society crumbles. tax avoidance has led tech companies to rural areas far from the big cities. in remote prying vill, oregon. facebook has invested $2000000000.00 in a data center. this was a very sleepy city prior to the tech companies coming in on this is the county seat . it's also the all the seat in crick county, but economically it was pretty stagnant before the the data companies came in in 2000 dime. facebook was lured here with the promise of tax breaks. as of 2021,

the city has lost a potential $130000000.00 in taxes. is the deal fair? in 2020 alone facebook generated nearly $30000000000.00 and profit. if they didn't show up here, we were to have a lot of the infrastructure we have. we wouldn't have a lot of the cool programs that you know that they've helped out with the schools. we would still be that small town struggling to find a, an industry to come here. after the, the early ninety's timber industry shut down, closing saw mills saw prime bills, unemployment rate rise to about 20 percent. then came facebook, but in 2022, the data center employed only about 350 people. instead of taxes, facebook makes donations to the town for things like school renovations, courses, and programming, and infrastructure. does that make prime village politicians susceptible to influence? i think their 3rd on our leader. why?

because they know they'll get money from they know they're not support. some of the projects and things at the economy itself can't afford to do. there is more powerful than the government. i mean, they really are and i don't know where or how from a legislative point of view, you can interact with something that you can't anticipate. and that's a problem. facebook is opening its 11th data center on the site in 2023. the facility will soon have an area of 4000000 square meters. the company confirms that it is given out $3000000.00 in voluntary grants. yes, facebook has a huge presence here. and yes, a lot of people work work up there, but i don't think, i guess we're a facebook city in the fact that we're one of their partners and we've worked

closely with them to build like they have. but i think our identity still is a timber, a timber town for all these books tanks break in prime bill won't end until 2027 only then will the town find out whether it's deal with the company was a good one. it isn't just small towns that have to negotiate with tech giants. entire countries depend on them. how did individual companies get so big? one answer takes us back to 2007. the start of the financial crisis center and the soaring fortunes of financial services firm, black rock, as the banking sector faltered, then federal reserve chair, timothy guidance, allowed black rock to oversee the winding down and restructuring of banks. so come the financial crisis. you have to 3 instances rapidly dismantle a bank like bear stearns. who do you asked to do it for you?

while you don't really want expertise in the federal reserve of new york to the habits, hands to dirty? you draw the contract this out and you find people who really know their way around this, like black rock, for instance, at the time, a relatively unknown company, but with huge expertise black rock close the banks and bought up ailing financial institutions. it became the 1st big winner of the crisis. by 2020, the group was managing assets worth 9 trillion us dollars. and then crucially, it becomes a predator. so it becomes an entity that has the ready cash to buy other people's assets as they look for capital black rock also struck in europe advising the european central bank and buying up a share of major british bank. barclays in 2009 and black hawk uses the embarrassment to fall please, to pounce on this portfolio and dismantle it,

and incorporate it into black box business. and it jumps black rock away from its major competitors at the time school than vanguard, and pushes black rock into a much bigger lee. so help you, god will help me in an effort to prop up failing banks. u. s. president bush and obama pumped massive amounts of cheap money into the system, buying stock in the banks with state capital. if you delay acting on an economy of this severity, then you potentially create a negative spiral. that becomes much more difficult for to get out of the whole strategy in early 2000 to $9.00 is to prevent the avalanche rolling again. that's the key, right? you can do work creation, you can do stimulus, you can begin to repair american society with a health care program. but well, you could only do any of that if you stall the banks pulling the financial system didn't collapse. the u. s. economy began to recover in part because investment

capital was so cheap. one man especially took clever advantage of that fact. jeff bezos, economics professor scott galloway has analyzed the rise of amazon and people forget in your early to thousands. a lot of smart analysts thought that amazon was gonna face liquidity crisis and could go out of business and their stock under performed for the better part of a decade. basis, focused on spending revenue and easily gotten capital on the optimization of his supply chain. the goal was to make products, reach the customer faster. it's easy to put up a website, but it's hard to make it really good and it's hard to make sure that the stuff arrives in good condition on time. what's unusual about amazon, it's not a victory marketing, it's not a victory of innovation. really, it's a victory of supply chain. they have managed to get more products, more people faster than anyone else in the world. amazon is one of the most

valuable companies in the world. along with apple, google and facebook. as of september 2021, they're worth together around 7 trillion dollars. you show up with more capital than your competitors. the odds are you're going to win. so access to cheap capital is important and has become a key strategy. at amazon growth is everything, employees are monitored, forming a union. it's difficult. there are 2000000 amazon retailers that depend on the giant for their survival. much like yoga i have, you know, like on the chef when our whole business model is aligned with amazon without amazon one we wouldn't exist. i'm going to amazon is basically our lifeline log lim thought off. amazon takes care of storage, shipping, and returns for yahoo. bah, in return, it takes commission for every euro of sales. hooper has to hand over $0.30 to

amazon. in 2019 amazon. meet almost $60000000000.00 is from these commissions alone problem, as people will say, well, it's a 2 sided tray. the retailers don't have to work with amazon and i would get that's not really true. amazon is now 50 percent of all e commerce. so to not be on amazon is really to not have an e commerce offering, and that just isn't an option for most people. germany's online trade association has surveyed almost 1000 retailers about their experience with amazon. nearly 80 percent of respondents saw amazon as a difficult partner that dictated prices and encourage dependency on the platform. in may 2021, amazon cut who backers, inventory, half of his products were removed, resulting in a 6 figure los in turnover. the kinds of foster just manage business. you don't sleep very well when suddenly the foundation of your business is taken away and you

have to put all of your employees on reduced hours overnight to print with no notice anklets are by chicken misunderstood, is only that's not something you can prepare for it and try to switch gets split and, and then suddenly you're virtually out of business. awesome. just responding to an inquiry. amazon gave the pandemic as the reason for its actions. warehouses were overcrowded, and hygiene measures had changed its logistics procedures. when does allow response cup, if these inventory caps go on for another 2 months, i'll have to close down beyond those. i wouldn't survive because the overhead costs keep running, love white eyes up. so i have 35 employees here when i have to pay most amazon didn't pay compensation who bother had to bear the loss in turnover on his own. meanwhile, amazon founder jeff bezos was flying into space of his own rocket. being

the market power of big tech firms also stems from buying up other companies, both inside and outside their own sector, they purchase hundreds of competitors. then they either use the newly acquired technology or barre it. apple park in silicon valley. the headquarters of another tech giant apple was founded in 1976, starting capital of just $1300.00 us dollars. in 2022. it's the most valuable company in the world with a stock market value of around 3 trillion dollars. much of its profit coming from the app store founders, steve jobs presented it in 2008. as a platform for selling software. apple is sold nearly 2000000000 i phones worldwide. the success of software can depend on

its presence in the app store for which apple charges 15 to 30 percent of revenue. david hina meyer hanson can't accept that. the entrepreneur lives in malibu, california. he became famous in tech circles with his base camp software. and so she tells if you don't like the deal, you can just get out of here. you can just shut down your business. how is that a choice? it's it just felt like mafia tactics even the way they showed up to demand. the money was just despicable. i know my hands on wanted to distribute his new e mail software without paying huge commissions and producers 30 percent of the whole economy and printing to say, like my said 30 percent, not 40 percent. maybe we should just raise our prices. this is a captive audience, nonetheless, which is exactly the essence of monopoly power. other companies are also taking action against apples commission in 2019 spotify sued in europe,

prompting the european commission to initiate anti trust proceedings. in the u. s. game developer epic games also filed an anti trust complaint in 2020 apple c. e o jim cook had to defend himself in court. this is about the swaying apple about strang. anyone, this is about giving us all a chance and access to the market and the tech companies decide under what conditions others can enter their system. in the process, they collect oceans of data. facebook holding company meta alone, as a total of 3000000000 users. thanks to its acquisitions of whatsapp and instagram. shashana zuba of an author and professor america at harvard cause it surveillance capitalism. they invade our private lives through surveillance.

they extract from our lives rendering what they extract as behavioral data. and then they claim those behavioral data as their private property. that's how surveillance capitalism works. this is a fundamentally illegitimate operation. the deed is used to advertise products and for political campaigns. surveillance, capitalism became the dominant economic paradigm. and it went from google to facebook from facebook, it became the default option in the tech sector. it reset the bar for investors because with a surveillance dividend, you produce more revenue more quickly than you know, doing capitalism the old fashioned way, which is actually creating products and service that meet people's real needs. marita shocker from the netherlands is

a former member of the european parliament. she's now international policy director of stanford university cyber policy center. my sense is that one of the biggest problems that silicon valley leaders have is that they believe that because their intentions are good, that the outcomes will be good. and that is really hard for them to imagine that despite their good efforts, some things have gone completely down the drain shocker and zoom off are part of a panel of experts that want to keep an eye on facebook. meanwhile, activists so placed connie bags outside facebook's washington office. they see the company's role in electron interference and misinformation as deadly. especially during the pandemic. even if you may think, well selling ads, this is long, you know, life threatening. it can lead to dynamics that are life threatening with micro targeting with the going firewall of hatred with people taking to the streets because they actually believe that the election was stolen. wow. if you design

the architecture for data and information with profit goals, that those become dominant and have been out of sight, even if society is the price. facebook founder mark sucker berg has testified before investigative committees several times. like here in the us senate in 2018, my top priority has always been in our social mission of connecting people building community and bringing the world closer together. the u. s. government has been pursuing several cases against the tech giants in the early 20 twenty's, erica, around race. and the federal trade commission is suing facebook for creating a monopoly. the department of justice is suing google, hawaii. the house of representatives is even considering breaking up the companies so far without much success. so i think things have flipped an hour,

innovators and our tech companies believe that they in fact have the upper hand and more resources are more powerful than the government that's supposed to regulate our big check corporations more powerful. the nations for romesha sweeney ross on of the university of california. that's a crucial question. who is influencing how we feel, what we believe, what we think who we connect with, what we know read, there's no question that that's occurring far more intensely and ubiquitously. the governance of our lives by, you know, a private tech company, a google's google search results facebook feeds, et cetera. right? and i think the awareness of the hearts of putting so much trust and responsibility in the hands of retail and advertising companies was a mistake. it really was a big mistake,

and i think it's important that democratic governments start to use technology to advance their own democratic agendas and not have tech companies use them to advance their own corporate agendas. many critics are hopeful, the e u will curb the power of tech giant to new directives from 2020 are expected to get things started. the digital service act or dsa, aimed to ensure that platforms like facebook and twitter take on more responsibility when it comes to things like to leading illegal content and maintaining transparency and fundamental rights. the digital markets act. dna defines fair competition rules to put simply allowing competition and sharing data . amazon, apple and google would be affected by the directives. european commissioner for competition, margaret's vesta is taking companies to task with that size also comes responsibility

. and then line up, or what you have to do and what you cannot do. facebook in its fellow rivals are fighting the planned regulations with help from lobbyists. in 2020 alone u. s. tech companies spent around 100000000 euros on political influence in brussels. they hired ex politicians with the best connections. facebook even employs a former british deputy prime minister. nick clay migrate, existed in fallen english, published m, duke wilson. there's definitely an imbalance lesson. yeah. mm hm. as i've gotten to the big tech companies have a lot of resources to life jamita, buy it as members of the european parliament. we have very small teams with 3 or 4 employees in brussels who write policies, carter comments and snap coordinate, and it's clear that as an individual m e p, you can't compete with the lobbying power. the big tech companies have con, did you or their resources. aust, mom didn't this was his, he does engineering ross. most. anderson represents the greens in the european

parliament. he receives weekly requests for talks from lobbyists. this time it's a representative from amazon, amazon. most the amazon just wants to push an interest live. does you ambien burden on 1st, i think, to try to give us suggestions on how to water down the law so it doesn't affect them at the see or doesn't change anything at the core of their business model can figure shift from underneath and that lobbying isn't illegal, but isn't legitimate. andrea sharp represents the center, right, cd you in the european parliament, as well as under their own names, large corporations exert influence covertly through trade associations. uncommon seems to yes, they come to you as the 1st european association of american companies. then they come as the european association of digital come these i and then the european association of tech companies, me to alden the american business association to make them the american business association for ticket company. it won't uncall,

they come and they come and they come at some point as a member of parliament. so you have to ask how much time you can spend on their concerns. shouldn't we be spending much more time on the concerns of other citizens and business, eliminate cetera? lobbying is used to put pressure on undesired regulation. and if that doesn't work, there's a longer legal route. the european commission is proposing creating 80 positions to enforce the rules. but apples legal department alone as a total of $900.00 employees. course we cannot compete when it comes to the funding of robbie isn't, are we not compete when it comes to the number of lawyers? so you now, what we have to put into the process is of course a dedication and to get this right, go facebook and apple also put large sums into lobbying in the u. s. when the software developer adopted heiner, my on son decided to fight apples, market power in 2021. he found out how strong that pressure is in several us states

when i testified for the air. so, ah, house and the chair woman of that committee said as her opening statement for the proceedings that apple had bought every lobbyist in town, and that before the hearing had even had a chance to happen. apple had tried to squat to do this, the company hired lobbyist, kirk adams, a former chief of staff to arizona. governor doug, do see the plant law would have enabled app providers to circumvent apples high commissions. arizona would have been the 1st state to crack down on the monopoly. in fact, i was sitting on a soon call for that final one meeting and we were waiting to deliver our testimony . and then in the middle of the proceedings, they simply said,

oh actually we're not even gonna hear this bill. something has come up and it's no longer the agenda. any, you witnessed that anything. is this movie, there was no vote. instead, a deal was struck behind closed doors, the law that would have endangered apples market power was forwarded. a similar regulation also failed in north dakota in 2021. so that was really just frightening to see up front. that power as being conjured by this monopoly and success gives you the resources to squash democratic accountability that when sovereign states like north dakota and arizona are not even powerful enough to hear a bill to bring it to a final vote. when asked about what happened, abil admitted,

exerting influence, but defended his actions. saying this legislation threatens to destroy this very successful model, as well as the privacy and security mechanisms. our customers expect the power of global mega corporations, a danger to democracy. one of the steps to tyranny was went private, power overran government. government is supposed to represent our best interests and be a counter balance or a ballast, a private power. there will always pursue profits and ignore the extra nowadays, whether it's teen depression or misinformation or a weapon ization of our elections in there are more, there are more full time lobbyist work for amazon, living in washington, dc. it and there are full time us and there are sitting us senators, the p. r and communications department of facebook. spinning their image is now bigger than the newsroom at the washington post. relations between silicon valley

and washington are close. we are in the middle of the whirlpool was a top donor to barrack obama's 2012 election campaign with united states corporations can essentially by elections the system is corrupted. so the system itself has to be transformed as well on the level of who influences are publicly elected politicians. the aged belgium alibaba. china's answer to amazon plans to open a distribution center here in november 2021. but the project is facing resistance from some logo. so could you hold the book to truth aggression internship? chris also shiner is the superpower that he'd advocates for its interests on a global scale, including through companies like alibaba in strategic sectors. it don't. if it's more we looking at a chinese expansion project here, don't push an expulsion or she what the edge is, the stop on the new silk road,

china's major 21st century infrastructure project. the deal was brokered in 2018 by belgium's king philip scene here with jack mar, founder of ali baba. the closeness between state and company is typical for china, says digital expert chi from caught up with let's now the thought it's one um it's increased significantly in the last year because of the expansion of so called party cells. a tide sans and marty cells are effectively communist party representatives installed within various private sector corporations and but especially in the tech sector tech. bye bye party functionaries are also working within ali. baba, profit and politics combined to serve the party, while only as former finance minister doesn't see any danger in this situation. gentlemen, lucca governor fiddler lover. i don't want to be an advocate for authoritarians updates. will jell global trade is a reality?

and i prefer for exchange to take place between democratic countries, but i'm not naive. i don't believe we live in a world where we're essentially good and only good could that would be wonderful. but it's not the reality. the peer suitor, is it simply online trade or chinese imperialism? after the decline of the steel industry in the 20 ten's, the ages unemployment rate was high. is belgium, happy to pay any price for economic growth? and i need to hourly see that the 30 or 40 years we've been swindled by the multi nationals until now. it was mostly u. s. companies. now we going to try it with the chinese last, they're taking advantage of the fact that we have high unemployment and a desperate for foreign investors. like to close it. in 2021, 2 of the top 10 tech companies were chinese. another soon joined them by dance, the parent company of tick tock known as doe yin. in chinese. the platform known

for short videos, has raced ahead of the u. s. competition thanks to a successful recipe. on content ago it was they were able to improve the algorithm based on a much better understanding of our online behavior. on darwin. also, china has an insanely large online community and low digital privacy. lum asked that i thought that led to an algorithm that significantly better recognizing what we want to watch next. nicholas on one or 2 talked has only been on the world wide market since 2018, but has already been downloaded over 2000000000 times more frequently than facebook and what's up. the chinese state also has its place at the helm of parent company by dance, controlling data and sensory content skipped and catalog guns. and it even tim and, oh, is a catalogue of sensitive issues around domestic questions. in general, he hadn't been square. shin john,

tim on kong and taiwan are all sensitive topics that are not allowed to be spread through tick tock or the chinese equivalent. skipped diesels ish lenient as of all not these policies exist in europe in the us to sculpt flaw. i need more than and bash be will. there is an example a few months ago where a user tried to criticize human rights violations and chin john under the premise of a makeup video stick to our son as a whole mentioned that he was exposed within a few days and taken down that of the film and i've been reading target on order glochelle. how much influence does the communist party have on tick tock? the company stresses that it complies with local laws. but when questioned about it, the chinese government won't answer if it has access to the data of tick tock, users fear is growing in beijing about the power of china's own tech companies. in a was 2021. alibaba had to pay 2300000000 euros and finds after an antitrust case

at by dance. the state has bought company shares. the regime has been tightening the screws on the tech market since late 2020, and is looking to banning certain business models. i think china looks at the u. s . in europe and says, these governments had an overrun by big tact, and we're not going to get to this point. and they've made some very swear or grass of actions against big taxing when big tech overruns government, as it has an u. s. in europe leads to very bad places or meanwhile in nevada. accompany is working towards doing business completely independent of local laws. here in the desert, near reno, tech companies are hoping to found their own city. ah,

the model comes courtesy of crypto currency from block chines l. c. chief executive jeffrey burns wants to create so called innovation zones. acting like completely independent local governments, boons donated money to nevada, governor steve cecil act and hired influential lobbyists. a few months after back room talks, in early 2021, the governor announced to bill journalist sam met has been covering the story. so under the innovation zones, as it was, propose, any tech company with a certain amount of land that promised a certain amount of investment could apply with the state to create an innovation zone, which would give them the powers akin to local government. the condition

is that check companies invest at least $1250000000.00 us dollars in return. they're allowed to introduce their own local tax, judicial and school systems. so his sovereignty up for sale. i think the story of nevada is really the story of politicians trying to diversify a single industry economy. so 1st to was mining and it was gambling in tourism. and now i think the pandemic has really made the state aware that it's hard to just rely on one industry. the pandemic has hit nevada heart. the governor is hoping for a cash injection from block chains, l. l. c. i think in nevada, critics are worried about actors with enough resources to buy land higher lobbyists and get an audience with the governor. mm. one is jeffrey burns. want to eliminate local governments.

our requests for an interview went unanswered. only his security advisor was available. i think to me, there are ways we can incentivize places that have suffered a lot to be investment hubs for businesses. but i think it has to mean that they're given all this power to basically become like their own states. that that's a violation on many different levels of a sovereignty of like state based sovereignty. i mean that, that to me, sounds like some sort of like district 9 or something or some sort of or like robo cops, some kind of dystopic sy fi after every criticism the bill was withdrawn in august 2021. governor steves to slack and block chains, l o c, are holding on to their idea however, to sell the powers of state to check corporations. meanwhile,

in washington, the fight against the market dominance of google. apple. facebook and others continues. here in congress is relying primarily on anti trust laws, very simply put, they have too much power, this power. but how promising are these proceedings? legal expert chris segers is skeptical. personally, i think the, the risk with even very aggressive and i trust is not so much that it will rec, anything. it's just that whatever good it does won't be permanent. and what i fear is, you know, we, we may have this period of a few years of very aggressive intervention. and even though it seems unlikely, you know, perhaps the government will manage to break up google or facebook or some other firm. and then it will only be a matter of a few years before somebody else figures out how to make a new monopoly out of it. president joe biden has shown

a willingness for the fight, but he's had to compromise. you know, democrats are in control of both houses of congress and the white house. ah, but in the senate, and it will be very difficult to, to adopt any legislation that doesn't have some republican support. and republicans will be very much against any very serious change. seniors estimates that proceedings in the us will take years to cyber expert, marita shaka prefers action on a global scale. it begins with awareness about the extent to which the outside power of tech companies, whether they're big or small, the entire echo system harms democracy. it's something that really has to be understood, so it will have to be a combination of mechanisms to make sure that that gets rebalance back to putting democracy 1st and not putting technology 1st. mm. shashana. zuba is

calling for a ban on the business model of facebook and others that is collecting and selling user data. so we take an extraction, we make those operations illegal, the amplification of device of content for profit, the amplification of hate for profit, the amplification of lies for profit that kills make it illegal. zuba believes that the relevant laws are already in place. they just need to be adapted to the digital age and incredibly important part of our global mean. we've also gone after markets. right, and we said down, we've said in democracy, we've long said, you can't trade in human beings. you can't trade in human organs, you can't trade in babies. you can't trade in illicit drugs. you can trade in

things that make people sick or products that are dangerous. well we've, we've done that countless times now it's just applying it to our reality in our era, in our time, in our digital century, the uncontrolled power of mega corporations and the growing gap between rich and poor. the 2 go hand in hand, according to historian rutger brakeman. when was capitalism work? you know, for most people in the best way on the fifty's in the sixty's. oh that texas up to 8090 percent for the richest people work perfectly well knowing the high economy growth we've ever seen the high rates of innovation mm hm. you know, for many people who are sort of, you know, out of 50 years old or 6 years old, they think, oh,

those communism both can overwork. and if you study history, you'll see that chemically, we're greed for profit, new technology and big politics. together they create an opaque world one, which each new generation will likely have to struggle to bring under control about people's liberties. we have regular warden. you made a unanimous consent request. jackson was, who are those are ah, into the conflict zone with sebastian as mounting international concern? no, but tens of thousands of russian troops. doug, along the border review, craig, we talked this week, so i respected foreign policy analyst, them off both shudder, louisiana of the west, misunderstood russian position. and just hoping this was the current situation, complet zone in 30 minutes on d w. o.

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ah ah ah, this is b w. news live from berlin tonight, a dramatic escalation and the crisis over ukraine. the pentagon is sending 3000 troops to romania, poland to germany, to beef up its presence among natives. eastern european border, russia denouncing the deployment, calling it destructive. it says it will only increase tensions. also coming up israel back pedaling on vaccine passes, saying they will no longer be required except at hospitals. the move comes despite exploiting numbers of new corona, virus cage.