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tv   Cross Talk  RT  January 3, 2022 6:30am-7:00am EST

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play into this, it seems the richer only getting richer. but what about the rest of us with cross stocking? the great reset, i'm joined by my guess jeffrey tucker in austin. he is the founder and president of brownstone institute. in bristol. we have 20 rar. she's the deputy leader of the workers party of britain in author of the drive to war against russia and china. and here in moscow were joined by tony ewing. he is managing director, conquer risk capital, as well as advisory board member of our c investments. right, cross sack rules and the fact that means you can jump in any time you want. and i always appreciate the 1st thing i want to ask all of you and i want to, i'll start with jeffrey and in austin. what is the state of the economy as the pandemic is fading, of course, in different parts of the world. it's, there's different status for the pandemic. but as we it it, as it ebs here,
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where we stand here because the prognosis was the economy should roar once it was unlocked from the lock downs. now there's different opinions of where we're going, jeffrey. you 1st. it's not a lock on the lock downs and, and we're suffering those result broken supply chains, hold world, port clogged and the rest empty shelves, shortages high inflation and this, you know, an aggregate. but if you look at the individual sectors of construction or beef prices, bacon gas, you name it, americans are suffering brentley. hundreds of thousands of businesses were destroyed during the pandemic. they're not coming back. and now you've got the vaccine mandates that are being imposed through a regulatory, judicial theat, and you've got the biden ministration, ignoring judges that are condemning them. so i'm telling you in my lifetime, i've never seen such a sadness in chaos and brokenness across the board. just a year term go ahead in bristol i think it's really important to notice that i'm
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right at the beginning of the pandemic when the look towns were brought in. there was actually a financial crash, a financial crisis, a crisis in the system that was covered over by the look down. and when we had a big bailout, it wasn't a coven bailout. it was another big business bailout like we saw in 2008, but it was covered over because of course, the anger that would have arisen on the streets if people had realized were biting out big business again. because as another financial crisis would have been really extreme, and that crisis has not been recovered from it. fundamentally caused by the fact that the mass of the working class have not the money to put the demand into the economy. they can't buy the goods that they themselves have been producing. and that hasn't changed. we've come out of the pandemic and the pandemic will exposed the huge inequality in the system. led to a huge amount of anger amongst people as they saw how an equally they were hit by the pandemic. how unequally, their health care,
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how unequal the effects of the disease on people, and how unequal the distribution of work, and who gets paid and who doesn't work, but was really noticeable. now, is there is a, you know, inflation is going up. people's weight is are not keeping tabs with that and we have a more pain to come. okay, well i think it's so far very interesting this problem, jeffrey, agility or probably is the i'd i a dime i to repose ideologically as possible. and i saw jeffrey nodding his head the entire time. this is interesting, this is why we're doing the program. all right, tony, your turn, what is the state of the academy? go ahead. i think i would also agree with my colleagues here. i think that the economy is supposedly coming back. i would, i'll add something new, perhaps a discussion, which is just that. i think this, this highlights, once again the, what i believe is, is the problem in measuring the quality of growth and the quality of an economy.
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we see g d p numbers. don't look that bad. generally, it looks like it's like with the economies returning to its pre coded trend. but the reality on the ground is that people are still looking for work. we have massive underemployment, which masks the unemployment problem. we also have issues where small businesses are struggling more or, or dead is different mentioned, but, and big businesses which i think are the ones that are holding up the g, b, g, b, number. the giant businesses have gained dramatically. and i think that, that masts a lot of pain that we're not seeing, we, those, those companies, they, they did math layoffs during 2020. they benefited from different types of tax write offs as well as benefited from being able to withhold investment the they kept the profits and in many cases just paid out dividends. so what we're seeing is kind of an artificial set of macroeconomic numbers that make it appear as though things are
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doing fine or things are on chart to recover when in fact i think we've, we've got to severely damaged economy. ok, well it's very interesting that we're all pretty much on the same page at least so far. ok, well the name of this program i've titled it what reset. so now we'll see what the differences are, jeffrey, i mean, we hear bill back better the rate reset. what does that mean to you? i mean it's, these are bumper stickers. what does it mean to you? yeah, the 6 that i'm anything. what we really need to address is the dramatic and balance of power that her, that the panoramic response exposed. and basically you have a ruling class out there. there wants to be every, every 1000000 zoom and, or they're, they're, they're managing the political and economic systems according to their own interests and totally comply with complete disregard for the, for the working class. and or, and, and,
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or your guess is correct about the g d. p can eat a g, d p can drive the g d p, the g d p is not gonna hear you when you're sick. yeah, i mean, now there are fake numbers, you know? and i, i watch the stuff, you know, every day i, man, i am a data maybe and i love going through which and find out what's, what's actually going on in you have to look at labor participation for gothic in the us. we're, we're missing 4300000 workers. you know, they're just gone. are mostly a taken from the community of women and minorities during the pandemic lock downs. and, and it's been absolutely exploitive. and you talk about big business. i mean, basically for large zooming, you know, digital companies are buying up manhattan and the cheap, you know, it's, it's, it's a ton of believable scandal and, and something. so there is going to be a great reset of some sort um or, and, and, but i don't know entirely what is going to look like. but,
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but we have to address this problem of, of the imbalance of, of power based on the, on the, on the class structure. and by the way, i didn't even know this year, right. i'm good, a lot of things i believed about world that turn out to be false. are things that are true that i'm just now learning. but i've been an absolute scandalized at the, at the policies of the last 20 months and, and factored me. i'm this is, this is a, a populous movement that's all across the country. yeah, probably the world that you know, just it, it's going to be a reset, but a to is going to define it and control it. and we have the people that benefited the most that are doing it right now. but i don't think the odds are very good for them. ok. because they're, they've only served their own interest here at the expense of everyone else. that's why said in mind, my odds on the powers that be right now, go ahead in bristol, i mean either, i mean, your last speaker actually gave a really nice description of monopoly capitalism. that's how that system this
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system works. you know, for me, these buzzwords and they are, it's a, it's a p r campaign. great reset. build back better green new deal. and these are marketing slogans for what actually to justify another huge yep. move of public money into the hands of monopoly capital. they're claiming to be addressing the concerns that of people make it. it's like a recognition of the anger of the masses, right? a recognition of the anger against inequality, inequality between classes, inequality between countries. this, sucking up of all of the world's wealth into the hands of a tiny monopolist elite. people are angry about that. and so there's a kind of recognition in the buzzwords that people are angry or they say things like, we were gonna build in resilience. we're going to make things more equitable, more sustainable. what they actually want to do is persuade us to let them spend a huge amount again,
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of public money on propping up big capital. this time they'll call it in the, in the i'm of being green, right? they want to persuade us to throw away things and buy new things, and this is green. they want to persuade us that we should give huge amount, billions in contracts and companies who claim to be delivering green things for us . you know, climate neutral, carbon neutral addressing climate change, whatever they'll, they'll put it under all these banners. but what it means is a whole load, more of public money is going to be going on. so josie, so we're here when you're up, what you're saying is like the, the new green deal is that all the green goes to a small group of people. is that what you're saying? i'm saying, but there we are just nation a justification. yeah, absolutely. i want to get i want to get tony and here go ahead. jump in, tony. you were you. i won't lose my joke. i hope you liked elaborate. go ahead. yeah. well again, i agree with my colleagues and i was going to, i think job my,
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my, my little separate plug, which is about the green issue that none of us noticed have been talking about the climate crisis or anything. and i know the guardian and some other newspapers actually change their wording to make it a climate emergency climate crisis. and instead of simply climate change, like you see in the state and, and yet no one really is talking about that because i, i'm not sure that that really affects people when they're trying to put food on the table when they're, they're working when they're getting a job and so, you know, i'm not trying to belittle people to care more, more or less about the environment. but if we talk about the great reset, we're talking about the impotence for this and for the world. economic for meeting was, was offensively about climate change. and about this climate emergency. so they are prescribing that post code, but we should somehow be thinking about how we can we can make more equitable outcomes, but also preserve the environment. and i still can't wrap my head around how those
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2 things seem to fit together. and i think now that we are at least post 1st wave of cove it or 2nd wave of coven. i think it's even harder to wrap my head around it . i don't, i don't see how the great reset has anything to do with, with global warming. ok, well we'll get into that. we'll talk about in the 2nd half of the program. but one of the things that i would propose is that we just delete the word equity forever. i'm sick and tired of hearing it. ok. it's just, it's just a cover. i mean, it doesn't mean anything. ok it's, it's a cover you for people to do what they're told to do, or i'm going to jump in here. we're going to go to a short break. and after that short break, we'll continue our discussion on the great reset. stay with me. 100, make sure, you know, board is under the line number please. as a merge, we don't have authority. we don't to look back seen whole world leaves to take
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action and to be ready people are judgment. 2 common crisis with we can do better, we should be doing better. every one is contributing each in their own way, but we also know that this crisis will not go on forever. the challenge is great, the response has been massive. so many good people are helping us. it makes us feel very proud that we're in it together with oh, this isn't an often it oh, even to see children have been kid for the fun. his house. only. yeah, papa blue, i have a knack or chicken mom much mom with when
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i should. he's good. a nice the medical of michelle in the middle of the issue. ah, national is violet. my mom is violet. but dana, mom, yes. today with me. okay. allow me to book a book. i love you. no longer you will. i will love me. i'm here. no, i use a lunch. i can only, you know, see me on a new description on, on shows i can learn team with i
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kind of heard back either financial delilah. i know they say maybe the girl i could work with central bags or don, you're gonna call them. why don't they stop the madness? ah, welcome back, the cross talk, we're all things are considered. i'm peter the bill to remind you we're discussing the great reset. ah, ah ok. go back to jeffrey and another one of my pet peeves. and all of this here is that the same people that created the mask of 2008 mismanage the locked downs, bailed out big business again, monopolies as jobs. he's pointed out,
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and now they have a bumper sticker to say, give us another shot to do it. i mean, why in the world would anyone believe in that? i think fewer and few people actually do ok. they had, we, we have were ruled by incompetent greedy people with a very short sighted a lot of our short sightedness. the horizon is right. it there know is the rest of us have to live differently. go ahead jeffrey. the ruling class definitely own played their hands during the lock downs, exposing to the world. you know, what's really going on the new york times every day would say, if there is a lot of cases in your neighborhood, you need to stay home and have your food delivered. that's very interesting statement. they didn't say there's a lot of cases in your neighborhood go deliver food. right. so, right. because because the paper is designed for a particular class interest, that's it. you know, the people who don't have to engage in the physical world don't have to actually like work with anthem encounter the physical world rather, just want to live in their resume life. and they wanted to reconstruct the whole
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world operation of the global economy for their own benefit. and that is so incredibly obvious right now and the loss of trust. and i'm very concerned about this. i don't think it's anything i'm gonna submit the loss of trust and leafs in expertise in the law of the courts. a big business, you know, is immense in each other. and we have a huge amount of rebuilding to take place and not gonna be guided by the people who created all this wreckage in which we're with under which we're living right now. so i don't yet, and i fret meant loss of trust and politics. you know, which has just become a joke, you know, in the u. s. and, and around the world. so we have an enormous job to do in the coming years to rediscover basic principles of civilized, living and, and
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a fair market functioning and normal freedoms. we've taken for granted for literally hundreds of years. well j o y t at our jeffrey, i hope you're not holding your breath. i really hope you're not holding your breath . you know, after every great crisis and civilization civil war, we're broke water. something dramatic happens. i agree, i agree with that. i don't know. i don't know it is, it worries me because it could. i think it could go either way. it is i think so that's why i keep saying there's going to be a reset. it is that what they're expecting? you are the, one of the things you know in and, you know, you and i've known each other for a while here. and, you know, everyone knows my politics. everyone knows your politics here. but you know, the thing that's missing in this conversation, this propaganda message. we get on both sides of the atlantic is you know, the issue of class is almost never mentioned in that is intentional. go ahead in bristol. thanks peter. you know, well, your last guess was talking. i just wrote down the word class in big letters
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a box around it. and you know, you were saying there's no push back, you know, and you're right, there is no push. these people can get away with it endlessly. because the ruling class for the last 40 years has been waging war on the working class. and they've been winning. and particularly in the us and britain where the, the ruling class in periods have been particularly strong. and on the offensive though, they've been, the working class has been in a period of war, i call defeat and retreat. and i think we're coming to the bottom of that. now things are starting to turn around again. and you know, the crisis and, and the situation at workers find themselves in is changing that. but for their to be pushed back, i'm gonna say something which is going to be popular with the rest of, of your a panel, i'm sure. but the working class needs to be organized, we knew were ended working class organization. the loss of trust, i think is a good thing. we shouldn't trust in people who are our enemies. the fact is,
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there are 2 great classes in society and their interests are diametrically opposed . you know, what happens to profit when wages go up, profits go down. what happens when profits go up? we've seen a wages go down. so we have to understand that that is the way that the capitalist system works, that it doesn't and cannot deliver for the mass of the people, we have to regain our concept of class. if we're going to push back even a little bit, we're have to do it by force of numbers. there is no other way for these people who have currently all of the power and no pushback. there's no other way to, to stop them from just carrying on looting our treasurer is and dis, boiling our planet. yes and destroying the future of all of us or, you know tony, the, you know, i, i like ecology. i say plant trees, you know, don't let her i'm, i'm a big green guy in kind of been maybe like a 19 seventies fashion. okay. like earth day. yeah. that, that's my kind of our new green deal. but what bothers me again, this bumper sticker is that this is
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a continuation of dealing with the 2008 financial meltdown which the ruling class got concierge service. then we go into the pen demik, we go into an economic crisis. again, we see the same kind of bail out here, and now i see the green new deal. and again, i am not against the college, but what they do, they're getting us attuned to a crisis environment. everything is a crisis. that's why you have no rights. that's why you can't do anything. all you have to do is obey because it's a crisis, everything's a crisis and this is what they're trying to paralyze us and accepting less what we don't deserve less. go ahead, tony. yeah, i would also, i would agree with that better. and i would also say that what i don't see is, again, this connection between these green investments and helping the people that need help the most natural, you know, the guys that are manufacturing solar panels or coming up with these latest screen technologies are probably not your poorest people on the street, and they're probably also not hiring
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a lot of the unskilled labor. and if you go globally, you're not hiring people that are in that are below the poverty line in the manufacturer, in the development, in the process of providing those green technologies. i'm not, i'm not aware of tesla hiring large amounts of, of low wage workers and some of those wages because they've made record profits despite having a product that struggles. and so, so what i don't really see is how this green connects with without assistance. what i would say i would want to comment it on job statement. i agreed to a certain extent, that labor workers, they need to be perhaps more aware. i don't know about organized, but i, i come from a small, still town in ohio and i, i saw that spilled town destroyed by organized labor. but again, it's, it's about leadership. so the same problem that we're, we're all agreeing in agreement with, which is having people at the top who want to call the shots. and really they shouldn't be the ones calling the shots. they shouldn't be there controlling
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everyone else. that's the same problem that happened with organized labor and my own town. if you get people that are the blind, the lead, the blind and both fall into ditch so. so i think, you know, i believe that it's, it's very important for us to recognise and for the world to recognize that a lot of these talk about the great reset is really, in my opinion, a way of kind of trying to take to extreme sides of the argument, take me, those people that what a complete lazy for economy, those people who would like maybe a marxist sorta or socialist type of economy and try to, to divert their attention by talking about something that really is with daugherty and really something where they, they believe they're in the position to lead and tell everyone, you know, how should we share everything? i think that's, that's an interesting description, but the end, the way, you know, you look at the that would be extreme sir. but it seems to me that that's what the p. r campaign to maintain neoliberalism. you know, you'd be afraid of those guys been rated those guys. let's keep on the course that works for a smaller and smaller group of people. jeffrey,
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what give me about giving some hope. jeffery, where what, where do we go? well, if i play in my lifetime i've, i've, i've, i've experienced mostly these probably artificial divisions been the right and the left. and, you know, these ideological category as we throw around the term social capital. so on such, but what we're dealing with right now is something that's unfounded, mentally unconscionable. like when you watch the hunger games, you know that what's going on is wrong, right? so, and it's supposed to be fiction. but this seems like the world that are creating, ever more segregated, you know, ever more with, with the, with the top, i call it then i call it the new surface and that's what i call it, keep go and yeah. so yeah, so in other words, i think what, what we need is a, just an, a generalized emancipation as movement. you know, and i, i think that that is growing, you know, at the browser and to which i always started
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a few months ago. i've gotten like 3000000 visitors to, to our, to our webpage, just looking for an alternative point of view. and i'm, i'm dealing with read an influx of submissions from, from, from dissident intellectuals, basically all over the world who are just, just fed up with what we've seen over the last 20 months. that includes like scientists. so i think, you know, what's been happening, the last name of the tiny elite has been presuming the right to rule over everybody else as if it's their destiny by virtue of their wealth or i don't know what it is, a but, but that system is unconscionable and, and it will not last, the good thing is i think people are aware of it. now, as i said earlier, i think that overplayed their hand and, and now we see the, the wreckage all around us. and you know, you have to go far in this country, decided to go down to a local, local up a market, you know, a family on business or just any merchant who's trying to get through it gets arrive in our times. you're going to get an earful. i got it. i mean it, let me,
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let me give me give chelsea the last word here about about 40 seconds shot. the guy had me a prognosis. what needs to be done? 40 seconds. solve the world's problems better, you know, the only hope for the future. peter is planning is a plan socialist economy. we have everything that we need. we have the technology, we have the ability, we can feed people, we can close them, we can house them, we can educate them, we can take care of their health and their education and give them a decent culture and a decent life. if we get rid of the profit motive and plan what we produce to meet the needs of the people. well, i think you know, they were ending on a know where we could have have and, and a whole series of programs here. this is what i thought was going to happen, which is fine because i like debate and i love difference on this program here. i don't think the other guests would disagree with you, and that's why i'm going to invite all 3 of you back to continue the conversation. and i mean that, ok, but all as all the time we have right now. many thanks to my guests in austin, a bristle and here in moscow when thanks. so our buick for watching us here at
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ortiz. see you next time and remember crosstalk rules. ah ah ah oh. oh yeah. it has to be rest to be able to afford any psi and fun and luxury that for sure. despite having the most expensive health care system in the world, we have poor life expectancy. we have higher infant mortality. we have
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more deaths from treatable causes. so americans are suffering every day from it. it's as if these people don't count. i saw how they can choose your customers and dump a sick so also a to satisfy their wall street investors. no parents should have to see what i saw. so if you're denying payment for someone's care, your make life and death decision and determine to get to live 10 who dies to me this best getting away with murder. ah, is your media a reflection of reality? in the world transformed what will make you feel safer?
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high selection will community are you going the right way? where are you being led somewhere? direct. what is true, did you need to descend to join us in the depths or remain in the shallows? with ah, with a chill? tristan school is the child did one with which one is a bad though it was just my william. like you still got the out of it. i see what was left the game. is that with
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water? with a couple of minutes when you i wasn't it that the appointment with chris you machine that i get with. no, i need to go put that amount with me. is power to store and with oh, i leased dogs and bathrooms are deployed against the anti lockdown demonstrators
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and amsterdam. the cities may, i gave the order to break up the 1000 strong, illegal rally with cobra cases on the rise. we look at how big pharma cashed in big time all throughout 2021. also in the program from a power supply crunch, trying to record my friend in flood the storing inflation and old time high homicide rates. we look at what may 2021 a very top year for the united states, also in the program. 19 years, 10 months at $25.00 days. odd. is a very good legacy. we look back at one of the a, one of the defining moments. you say of last year.


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