_"Foreign aid is when the poor people of a rich country give money to the rich people of a poor country."_ - Michael Parenti
@andym6256 Жыл бұрын
Actually, I believe that remark came originally from Peter Bauer, a right-wing professor at LSE who hated foreign development assistance. Something Milton Friedman also liked to say...
@agubata1 Жыл бұрын
It's actually worse than that. Only a paltry amount goes to the rich people of poor countries. 90 per cent of aid doesn't leave the donors' country
@andym6256 Жыл бұрын
@@agubata1 it’s not 90% but I agree it’s an unacceptably high share of the total…
@johnmorton1026 Жыл бұрын
Foreign aid is when rich people in rich countries take money from poor people and give some of it to rich people in poor countries
@Neema150 Жыл бұрын
What is true wealth to you? True wealth is inexhaustible.
@RodZilla843 Жыл бұрын
I don’t pay for cable but I will pay for this content. We’ve got to support the real journalists and their platforms.
@dennisnealon6166 Жыл бұрын
This sounds like confessions of an economic hit man
@turtleanton6539 Жыл бұрын
Fully agreed😊
@rolandhawken6628 Жыл бұрын
Sorry mate jurnos are all liars, take all they say left or right wing with a pinch of salt
@crystalhealing847 Жыл бұрын
@@dennisnealon6166 you are not funny!!!!
@xaviermuini5604 Жыл бұрын
@@dennisnealon6166exactly
@SabaMalik-v8p4 ай бұрын
Matt Kennard - one of the most important journalists today
@fiqhonomics3 ай бұрын
Shocking that I only heard about him last week thanks to @ThinkingMuslim
@gonagona99432 ай бұрын
Indeed he is but as a white journalist,what he trying to avoid is by calling his white fellows white supremacy
@stanpennycook5414Ай бұрын
But he better be aware of them coming for him.
@stanpennycook5414Ай бұрын
And he should team up with the grey zone and Max Blumenthal Arron Matte Katie Helpur like him real jounerlist's
@SabaMalik-v8pАй бұрын
@@stanpennycook5414 i think he is very aware of that.
@space.youtube Жыл бұрын
When the first thing you build is a 5 star hotel so "business people" don't have to rub shoulders with the poor people of a resource rich country in the global south, your motivation isn't to raise people out of poverty through "free trade", it's to impose a framework that enriches corporations and corrupt officials at their expense. The "5 star hotel" is a perfect metaphor for what is to come. The closest the poor will come to occupying a room in this luxury hotel will be when they clean, provide room service and carry the guests' Louis Vuitton luggage to their complimentary penthouse suite.
@cambriawellness3102 Жыл бұрын
Yes, but think of all the jobs they're creating! LOL
@PB22559 Жыл бұрын
Economic migrants are literally living in a huge number of the UKs and Irelands best hotels.
@space.youtube Жыл бұрын
@@PB22559 Yeah, I agree, non-dom $millionaire/billionaires are the real problem. Go back to sleep silly.
@marywest6844 Жыл бұрын
@@cambriawellness3102 And taxes we are paying and not collecting.
@ITnetman Жыл бұрын
Without guns and strategic brains with us we are slaves.
@parnelgermain2216 Жыл бұрын
You will never hear an interview like this at CNN and FOX ...all are working for the big corporations ..great work guys..this is what you call level conversations
@howwwwwyyyyy Жыл бұрын
Real reporting like this doesn't exist now except on the internet and they're trying to stop it right now
@harkyo11 ай бұрын
NEVER. They are beneficiaries of corporations and exist as the presbyters of corporate "truth" and their "values."
@tilley63515 ай бұрын
Don’t forget BBC too. That’s public money
@christinegivens90485 ай бұрын
They ARE big corporations!
@bradfordtownsend96984 ай бұрын
The British Royals, Rothchilds, Rockefeller super powerful families publish their agendas. The masses are not reading or listening. The typical university graduate does not read a nonfiction book a year. I collect and read books from the Club of Rome and World Economic Forum, CIA and Freemasonry. There are hundreds of books explaining the long-term agenda.
@BallyBoy9510 ай бұрын
The humility, the grit, the heavy research and years of studying really comes across with this guy. Absolutely terrific listen. And thanks for all that you do.
@geoffreynhill2833Ай бұрын
Yes. Extraordinary dedication and insights. 👍🤔
@mikideebank359219 күн бұрын
Another YES! - really enjoyed this very informative piece. ✨👍
@seanzibonanzi64 Жыл бұрын
Honduras entire yearly GDP is only 28.5 billion, its absolutely insane for a country that small to be sued for 11 billion by a single company for fictional profits. This is financial imperialism of the highest order.
@paulforan4550 Жыл бұрын
Been there lots of times picking bananas up on the ship I was working on and the local people were very very poor but most nice and I saw soldiers with rifles making young boys virtually naked putting a whole wooden pallet on his back and screaming at him to do press ups and my workmates stopped me from going over there and screaming at them but I was told they would probably shoot me if I interfered with them and it happened all over Honduras and Costa Rica another country we would visit and it was disgusting
@mantiscoregaming6699 Жыл бұрын
Physical slavery, requires you to house and feed your slaves. Economic slavery, requires your slaves to house and feed themselves.
@halifaxeh4 ай бұрын
Lots of these shenanigans in Haiti too! All over really, but the US has been heavily involved in keeping the central and South American and Caribbean countries poor.
@bradfordtownsend96984 ай бұрын
Genius legal manipulation
@davidfitzpatrick40412 ай бұрын
A most interesting interview with a very smart guy 😮
@bstorm4413 Жыл бұрын
I've long said we are not a democracy or even a republic - we are a Corporate Oligarchy otherwise known as a Corporatocracy.
@mandlangum5814 Жыл бұрын
John Perkins speaks about this in his book.
@amandap9332 Жыл бұрын
We are. But only because we allow it. We demand the utilization of the monetary system and then pretend to be surprised about how the monetary system functions. We, together, can change this. But, ONLY together. And therein lies the crux of the problem. Money divides us all. Basically forcing all of us to put ourselves first, regardless of the consequences of that paradigm. We can come back together... but not while money still exists. Which is only one reason we should end the monetary system entirely and permanently. Just be done with this mechanism of mass control. And, in doing so, we gain some much needed freedom of choice instead of the illusion of choice we have now. Basically, we need to change the incentive to change the behavior that results. This is the world we get when money is the primary incentive for everyone. Look around... does this seem to be working for the majority of people that inhabit this planet? Or only just a few individuals? End money, adopt a natural resource based economy instead, and finally move forward.
@jimbojones101 Жыл бұрын
@@amandap9332Supressed free energy would facilitate such an event . . .
@amandap9332 Жыл бұрын
@jimbojones101 indeed it would!
@CrawfishCuban Жыл бұрын
Which by the old definition if you can find a Websters dictionary is called facisim
@golf38835 ай бұрын
Absolutely love this man for his honesty, self sacrificing principle. A fantastic journalist 😊
@bradfordtownsend96984 ай бұрын
He is informing thousands of individual people, and his work have zero practical impact. Knowledge of the power system does not result in change.
@thereluctantgearhead4544Ай бұрын
Honestly? I never once heard him name the real problem. Just a bunch of bullshit keeping eyes off the vulture's.
@thereluctantgearhead4544Ай бұрын
@@bradfordtownsend9698Only one way to solve this problem, but "they" wont allow you to speak of the solution.
@nickthepeasant Жыл бұрын
You will never find this kind of analysis / deep-dive on this important topic on BBC or Sky or any other mainstream 'journalistic' outlet - this is why I support Novara every month. Thanks guys, great job.
@rasputin5746 Жыл бұрын
Of course not the BBC are the Ministry of Truth
@1312Johnny Жыл бұрын
Lot of comments disappearing….
@engineoil9 Жыл бұрын
Brilliant interview and absolutely devistating information. No more Foreign Aid!
@Lo-to7zh Жыл бұрын
@@1312Johnnywhat comments ?
@1312Johnny Жыл бұрын
@@Lo-to7zh Faaasonds of em guvnor!
@krish2nasa Жыл бұрын
" The government is working for the corporation, not for the people" " The government is working to help the corporation enforce their rule in that person's country" " The corporation has a supernational system... which operates above national governments... National governments themselves have become completely infested with corporate power" -Matt Kennard.
@user-he9ew6sn9g Жыл бұрын
Well put..
@maryglo1 Жыл бұрын
That is known as fascism. Corporatism is fascism.
@christianknuchel Жыл бұрын
@@maryglo1 Not really. Mussolini, for example, was originally a collectivist. There's also such a thing as anarcho-fascism (which I categorize as a perversion, like left wing authoritarianism or right wing libertarianism). The common thread that fascism is really defined by is the aggressive, systematic othering and division of people into a strict hierarchy. The economic system is secondary.
@SadisticStang Жыл бұрын
@@KiwiKool call it what you want, just make sure you recognize and speak on what it really is, leftism. Big authoritarian and/or dictator tyrannical state, big corporate, limited or no individual rights and property rights, no one on the 'right' is interested in these things at all. Remember the right only exists as a response of the clinical diagnosed insanity of the left. Under normal circumstances the 'right' are just average persons who we might call usually middle of the road. But that's all twisted intentionally after WWII
@jahleajahlou8588 Жыл бұрын
True
@harkyo11 ай бұрын
This is real journalism. Kudos, gentlemen.
@buildingbuddy1 Жыл бұрын
When plunder becomes a way of life for a group of men in a society, over the course of time they create for themselves a legal system that authorizes it and a moral code that glorifies it. Frédéric Bastiat ( 30 June 1801 - 24 December 1850)
@Chyoonz Жыл бұрын
Brilliant.
@roseannemain99574 ай бұрын
So eloquently captured.
@bradfordtownsend96984 ай бұрын
I love the quote, and I had it on my Facebook page for years.
@roberthornack1692 Жыл бұрын
Isn't it wonderful when criminals create the laws for their benefit
@iknow2145 Жыл бұрын
What's more wonderful is when they get their better off victims to placate and subjugate their lesser off victims.
@kellikelli4413 Жыл бұрын
That's FASCISM (when corporations run govt). Mussolini was hung by his citizens for that - and here it has snuck into almost all countries on Earth 🌎.
@_ruddegar Жыл бұрын
We should not call it fascism, calling it fascism implies the system has had precedence. Also, fascism is a type of government. This is something else entirely, it's a multi-national economy based on corporate interests
@renriley66 Жыл бұрын
implementing the hypothesis used by Dr.John Colhoune1970 film 7.1 but not using mice using humans Review the public document the KISSINGER REPORT. THEN COMPARE THE LEVITT MODEL COMMUNITY VS. 15 MIN.CITIES I think you will be astonished at the similarities as well as sick to your stomach.
@parrotshootist3004 Жыл бұрын
@@_ruddegar venice was once a corporate-ocracy.
@makgaleabby8561 Жыл бұрын
A well researched documentary. As a South African 🇿🇦 I can confirm this is true
@patriciafanning6643 Жыл бұрын
What a brilliant and outstanding interview, journalism at its absolute best, thank you
@MrRailjunkie Жыл бұрын
It certainly was
@paulhutchinson5608 Жыл бұрын
Agreed
@waqasahmed939 Жыл бұрын
Agreed. I've been against "aid" for a very long time especially as I've noticed that "aid" to my parent's country (Pakistan) just meant UK, US and now Chinese businesses popping up everywhere. That's not helping. That's exploitation . The institutions that say "mining provides jobs" make it sound amazing. Rubber production also provided jobs and that was brutal. Most of our clothes are still produced by slaves. Under formal colonialism, it also provided "jobs" and it made the country "develop" albeit for the sake of the global north.
@scottastell9415 Жыл бұрын
I near fell asleep as it went on and on. Sad if all he says is true. Sad for the poor of the world.
@thomascoady3782 Жыл бұрын
The one thing we must keep in mind - always follow the money. Governments, charities (take note of what Matt says where your 'charity' money is going, and it's not to charitable causes at all) foreign 'aid', NGOs, investors, big Corporations are not in it to help the poor, the hungry, the homeless - it's about helping the rich to get richer (the 1%) by making the poor poorer and unhealthy - democracy and sovereignty is a sham. The ordinary person is purposely kept in the dark and ignorant about what is actually going on in the world (in particular by the 'educational' indoctrination system). The Corporations and in particular the pharmaceutical industry have/are making massive profits from the fuel surcharges (up to 39%) and the Covid vaccinations ($billions) and aided and abetted in this by governments throughout the world. Everything, repeat, everything, that is happening throughout the world at the present time is designed and created to take money out of the ordinary person's pocket and put it in the Corporate pocket - it's all about the money. Their motto: " you will own nothing and be happy" is not for them, it is for the poor and downtrodden they exploit in their quest of owning everything, including us by destroying our well-being and restricting our freedom to live our lives in peace and harmony according to God's law. P.S. Little old Ireland and their governments trade policies and activities got a special mention by Matt, and we're supposed to be an honest, fair and neutral country!
@chrisgleeson347 Жыл бұрын
Matt Kennard is what a journalist should be.
@AndysBrainblog Жыл бұрын
@adrianobastardi6975 lol did you hear the part where he worked for the FT. What a wet sock leftist news outlet!
@lapanthanim Жыл бұрын
@adrianobastardi6975 Very obvious bait, but I'll comment in case anyone else is confused. Assuming you're a real person, if you actually listened to the conversation, you would have heard criticism of the left, along with the entire parasitic system under discussion. In any case, what matters is if the points stated as fact are true and useful, not the political ideology of a speaker.
@deanrickard5107 Жыл бұрын
Or a true investigative journalist.
@Brianbeesandbikes Жыл бұрын
@adrianobastardi Bias is unavoidable, and in media 99% are bought by liberal or kkkonservative 'biases', to marginalize the truth of the leftists' pov. On How Right, Center and Left Interact: an Age Old Struggle Between Elitism and Egalitarianism. Rightist elites hire/pay off/ reward/ indoctrinate between 25 to 40% of the ppl to back elites. These include smart and or greedy ppl as well as ppl living in fear bc elites fear revolts against their system of injustice and they use that to hook/ recruit ppl's fears of hunger and powerlessness. It's aligning with the 'bad cop'. To further assure their protection, 'centrist' elites in quiet allegiance with their rightists counterpart will wear a mask to look like they want less elitism / more egalitarianism to convince some 40 to 60% of the ppl to back 'working within the elitist system' to slowly modify away the injustices of elitism thru discussions, debates, meetings, studies etc. This is the 'good cop' camp. Great conflicts and even wars emerge as right and center battle over which camp 'is right', while leaving the elitism system intact. A tiny % of leftists observe this deliberate 'battle' that serves to leave elites untouched. When leftists speak up about it, elites deploy attacks to unite centrists with rightists determined to suppress leftists' pov. Leftist organizers / organizations are spied on, fined, fired, deported, beaten up and assassinated. As the centuries have rolled by, nonelites have ended monarchies, established labor unions, women and Black ppl are not property of white men and can vote, etc. The biggest advances were achieved by coalitions of leftists by Progressive Era socialists, IWW and communists organizations between the 1890s to 1940s. The progressive era teaches that working within the system is a dead end. Building outside the system to grow coalitions which when strong enough will draw centrists, independents and a few rightists. Thus 'armed' with numbers they can begin to force, thru sheer public pressure, at least deeper cosmetic changes if not outright systemic changes. Fred Hampton was a rare visionary with extraordinary skills. Teaching peace and universal brotherhood is a most noble and deadly path to tread, as MLK, the Kennedys, Gandhi and Christ can attest. While a few moles inside The Elitist System may be helpful, ACTUAL SYSTEMIC CHANGE STARTS & FINISHES with how organized ‘outside the system’ movements are.
@richardkelly9156 Жыл бұрын
😍
@australiainfelix7307 Жыл бұрын
I've been hearing this for nearly 40 years. And still we need to hear it.
@michaelrch Жыл бұрын
This is truly vital journalism. Thanks so much Novara, Matt and Declassified UK. 👏 ISDS is incredibly insidious. It has to be unpicked and dismantled ASAP.
@inveritategloria Жыл бұрын
@@joseph-k7l2v You and your generation.
@christianknuchel Жыл бұрын
@@joseph-k7l2v It doesn't take a lot of players to to completely destroy that system. The US alone could probably do it, but the UK is also an important part of this. Mix in Germany and France and it's gone. If the people of these countries elected left wing super majorities - mind you, *real* left wingers, not some center-left BS - and it was done with topics like these on the campaign trail, all these corporations and the plutocrats fattened by them could do is tremble in the terrifying, surely agonizing horror that a cog in their profit machine has stopped turning.
@michaelmcelligott6336 Жыл бұрын
The banking system is parasitical Money venom is typed up from a keyboard 100% The wizard of Oz now has no clothes
@choosecarefully408 Жыл бұрын
"It" "Has to be dismantled." Do you know what distancing language is?
@l.a.mottern3106 Жыл бұрын
Read "Confessions of an Economic Hitman" by John Perkins and its obvious how things have worked.
@funlawchic Жыл бұрын
Thank you for this! I am a Black American living (by choice) and working (business owner) in East Africa, and the NGOs, CSOs, and UN cause complete chaos! Whole families are 3-4 generations deep on foreign aid or begging. Sex for visas is common (See 90 day fiancee). Nobody knows how to do business or work without corruption or kickbacks. Private sector is nearly non existent for small and medium business. Now venture capital is buying up every piece of equity in "pump and dump" startup/tech bs. Mastercard Foundation, Bill and Melinda Gates...they are literally killing Africa. 🇰🇪🇪🇹
@eliotmuso Жыл бұрын
They take over major parts of the social system the government should've developed organically. Notice it's a cyclical game without a end but always ensuring a place for itself.
@opensprings Жыл бұрын
For every one dollar aid entering Africa, 9 dollars is extracted from her.
@josephwanjiku6853 Жыл бұрын
That's why Western countries governments so called saving Africa need to phuck off out of Africa. The west has brainwashed Africa into thinking it's third world while in reality it is the complete opposite.
@Mad_Intellect Жыл бұрын
You in Kenya?
@Congomania11 ай бұрын
Humm. And Kagame is doing good job for this wonderful people helping Africa 😢😢😢
@tarpara5 ай бұрын
This interview is hands down one of the best interviews of my life. Up there with the best long form interviews about MMT, macroeconomics, and how the top 1% organize the world.
@pattysherwood7091 Жыл бұрын
This is hugely important! I had heard that trade agreements like NAFTA take away a country’s sovereignty but this interview explains how and why.
@sabwafare_65 Жыл бұрын
@pattysherwood7091 Absolutely makes sense. If there's no border the sovereignty is ambiguous, nd if thts so the elites will consolidate the nation's under a single government, nd the currencies will become one currency ie., The Euro, here it may be the Amerigo. Will be used in Canada, U.S. Mexico.
@a.d.b535 Жыл бұрын
Wish I could double thumb your comment.
@Primordial... Жыл бұрын
Yeah that IS the point of journalism and when hijacked and used against the public they need to stop having personal protections as a news corp fraudulent impersonating for political &financial,idealogical gains is a CHARGE that if enforced in the slightest it would stop a large part of it we've gotten the successful radical religious anti citizen occult stole the 2020 election and the coup d'etat was so complete it's every aspect of the workings and branches of gov. We are NOT a country now the military is part of the coup.Our president is in Florida.
@mikaelketsela Жыл бұрын
I presented a paper in 2002 in Uni about NAFTA with regards to Canada (where I was studying at the time), and how negotiations and arbitrations were not conducted in good faith, plus the personal conflict of interest the chief US negotiator had during those negotiations. My professor was very unhappy, and felt it was an inappropriate topic for the class. It was a public policy analysis class, and we were studying trade policy😂😂😂 I learnt that day it was all a sham, university was for indoctrination not exploration.
@TheSilmarillian Жыл бұрын
Same happened here down under with the Paris accords something hat should have gone to a referendum of the people not signed of by a bought and payed for government
@helenswan705 Жыл бұрын
This is so terrifying. most of us already suspect multinationals, already think they rule governments, and they do, but it's worse than we ever imagined.
@personal3314 Жыл бұрын
I honestly had the exact same reaction watching this. Wish more people knew this, it would put a bunch of distractive theories that divert attention to rest. Props to Matt for delivering it all so coherently.
@Darrylizer1 Жыл бұрын
No it's exactly as I imagined. It's nice to have corroboration though.
@stephaniezickgraf9672 Жыл бұрын
I'm going to share this to try to let more people know.
@Darrylizer1 Жыл бұрын
@@stephaniezickgraf9672 As will I.
@bradfordtownsend96984 ай бұрын
The World is Not Enough: The pie is not big enough for everyone to live like a Royal or a Rockefeller.
@CAMRA_GUY5 ай бұрын
Glad you all are waking up to this. ❤
@ponzo1967 Жыл бұрын
Egypt was sued by a multinational corporation for raising the minimum wage? That needs a episode of its own.
@whatwhat678 Жыл бұрын
the assumption that legislated minimum wages are a good thing
@ponzo1967 Жыл бұрын
@@whatwhat678 doesn't matter unless they had a signed agreement, Egypt can do what they want and any Corp that doesn't like it can kick rocks. Quite possibly judicial bribery involved. Florida has their own minimum wage as do many states and nobody is suing them.
@kellyw8017 Жыл бұрын
The company lost its case.
@Abdul-Akeem_Akinloye Жыл бұрын
@@kellyw8017Thank heavens!
@whatwhat678 Жыл бұрын
@@Abdul-Akeem_Akinloye minimum wages is exclusive not inclusive. you need to think longer and harder before you type
@DKH1103 Жыл бұрын
Brilliant - this work puts most journalism to shame.
@ane-louisestampe7939 Жыл бұрын
Because... this is real oldfashioned JOURNALISM and there's not a lot of it around these day. I've almost forgotten what it sounds like...
@4herstory Жыл бұрын
I live in SF & have been trying to tell people for years that the needlessly divisive heavy media attention to subjects as fraught as race and gender are taylor made to divide the same majority of poor folks the elite wish to stay distracted so they can continue to operate unseen with impunity.
@juandoe2696 Жыл бұрын
This was one of the most important discussions of the year to understand how class war is waged today globally from countries which we are told are "free, democratic and rules based". Sadly the notion of national sovereignty is a fantasy in an interconnected world based on foreign direct investment; when he who holds the gold always writes the rules in his favor. Key takeaways: the devil is truly in the details of the rules based order, non transparency and limited democracy along side the sideshow of the culture wars enable corporate elites to pick the pockets of the masses.
@NatTurner1555 Жыл бұрын
It's not just class war. It's also racist. Neocolonialism is white supremacy.
@mangomawn Жыл бұрын
Great job ... badly needed analysis... Corporate Power is so fundamental to everything that is going wrong. We are fighting the wrong battles ... Identity politics and condemning the unvaccinated - that is such a divisive distraction. So, thank you for this.
@MirriamSofe-yj9pq Жыл бұрын
Im 😔 by my country South Africa.Citizens needs intense Education on such matters even If their educational sophistication can be how below ground entry level in terms of sophistication and understanding.There really MUST be a way to sensetise Academic institutions evenif they are not in the economic field but also in Humanities because they are going to engage with the kitty gritty which will involve the Base around where all superstructures draw their existence and being.Extremely outrageously 👀 opening podcast!
@ovariantrolley2327 Жыл бұрын
Reading age of uk citizens is 9 years old
@amandap9332 Жыл бұрын
Where do the corporations derive their power? From money. Sounds like maybe money is the root cause of this problem. And the only way to cure anything is to address the root cause of it, not the symptoms.
@rmaatn606 Жыл бұрын
@@amandap9332 corporations gain power through capital. Money has no value on its own. It's a tool for exchange. The whole point is for money to be the middleman in transactions so each side can go and get what they want instead of needing to wait for someone who's not only interested in what you're selling, but they also have what you want and are willing to part with it for a price you both agree on. The rich will still possess way more capital than the vast majority of people. It would just make transactions more difficult. Besides, what if you live in a desert? Are you just supposed to be poor? I wanna know how you expect capitalism to keep working let alone be fixed by abolishing money. Do you really expect people to be able to keep up with all the inevitable fools gold?
@shanejones5789 ай бұрын
@@rmaatn606you said are you just supposed to be poor because you live in the desert. Will define poor in a moneyless society, the Arizona desert is rich in raw material. Gold, silver, Copper. Is that poor? Isn’t that actual wealth? Why are they poor if they’re rich in natural resources yet have no money? Sounds like exploitation…
@tartanrambo Жыл бұрын
A military veteran I have travelled all over the world and never have I seen such corrupt NGOs and dodgy charities than in Africa. Nowhere have I seen projects to uplift and educate local nationals to fend for themselves. The projects and education is centred on being dependent on foreign aid. If they show any ambition or nationalism, the threat is immediately communicated that their aid will be cut off.
@halifaxeh4 ай бұрын
The entire point of USAID is to bribe countries into whatever the US wants them to do for the US interests. It has nothing to do with “aid.” The US wants their corporations to rape and pillage the natural resources of African and South American countries. So then USAID says ok, you want some schools and hospitals? We will pay for them to be built IF you allow our corporations to get what they want and under the unfair conditions they demand. The schools and hospitals are built, HUGE USAID signs put on them… and there they sit. Because what’s really needed are trained staff to work there, supplies to allow the staff to do what’s needed, etc. But USAID will never pay for what’s actually needed!
@halifaxeh4 ай бұрын
USAID = corruption
@jessicalacasse62052 ай бұрын
they need manpower like when they use indians to win both worldwar they needed them english but too much education and you get a ghandi type character
@halifaxeh2 ай бұрын
@@jessicalacasse6205 a ghandi type character???
@jessicalacasse62052 ай бұрын
@@halifaxeh you know culture like vegetable is good for you ...
@Bullybwy123 Жыл бұрын
Wow as a black man hearing this is blowing me away you are actually putting into words what I have always thought but could never put into words ,when put in simple Turms you are called a conspiracy theorist absolutely blown away thank you so much ,will be studying this for a long long time.
@josephwanjiku6853 Жыл бұрын
Your brown , not black. Get something black and have a look..
@Metaghost-yl9li Жыл бұрын
It's insane that this is only just making sense to people. Black folks have been saying this for decades. Foreign Aid has always been about corporation bribing (or WORSE) those with access to minerals and nothing else. You'll hear the same old line totted out "Blame the African leaders" but the devil is in the detail false labels 'Foreign Aid' corporate funded 'charities' etc etc. My last comment like this was removed (3 times)I
@diosamurcielaga941811 ай бұрын
We've always known, those of us living in "aided" places, but the eloquent BS justifying it in ever more convoluted ways (and lots of hand oiling, if you know what I mean) was all one would hear about and eventually, it sounded normal to most. I need to get his book. A hug for you!
@oliverselle2861 Жыл бұрын
Great job. Why am I not one slight bit surprised. The corporation system is one of the main things that I believe to be a burdon on the people of the world. Total power and control over resources and financials rested in the hands of a few at the cost of the majority. At 53 over the last 10 - 15 years I've learned more over the Internet than in all the years before. Knowing that these issues are addressed and shared worldwide gives me hope that things may change. Thank you very much.
@sarahbailey7349 Жыл бұрын
Yes, I'm 88 and these ' You Tube' explanations and details of the whole murky goings on certainly have clarified the how and why's of the whole wretched crafty system to me. Zambia's annual interest payments exceed the total health budget ! How long will these truths be allowed to be expressed? Thanks Matt & Aaron---Geof Bailey.
@OneAdam12Adam Жыл бұрын
Well said, Oliver. I hope so too. Shame on the British, American, French, German, Chinese, Japanese education systems. They lied by omission. They lied about everything....
@crystalhealing847 Жыл бұрын
Burden!!!!
@hustlinc35408 ай бұрын
Next time you go out and vote....think about how much change it can bring. None - is the answer. It's all a show for the masses, meanwhile corporate greed has no end.
@fredk9999 Жыл бұрын
You are right. Corporations are multinational and do not fly the flag of any nation. Yet, we go to war for their interests.
@ajdaames Жыл бұрын
I am shocked and saddened. As a South African I feel like all hope for our country has just been taken away.
@kujjitafari8509 Жыл бұрын
Don't loose hope, things can always improve, education is the first step towards change.
@biashacker Жыл бұрын
I am a retired US military veteran and I can tell you right now that SA is screwed. The US has major plans to take over many of Africans resources including in SA.
@druzilla6442 Жыл бұрын
Knowledge of the issues is the first step. It can be nice to not know about awful things, but then it would be impossible to do anything about them.
@adambazso9207 Жыл бұрын
Not just for your country...
@Bell_plejdo568p Жыл бұрын
They allowed apartheid to end because nelson Mandela submitted to them
@Tremaine-N719 ай бұрын
Epic episode, Matt Kennard is a gem of an investigating journalist ! Please keep doing this fantastic work and stay safe ! The world needs to know !
@oldstatueface6317 Жыл бұрын
A great example of why Downstream has quickly become essential viewing.
@ko6el Жыл бұрын
Aaron should make this his main thing
@MrMoss786 Жыл бұрын
That was eye opening. I always wondered why there were so much protests against the WTO and IMF. Media never really explained why.
@colleenlouise4521 Жыл бұрын
media is bought and paid for
@halifaxeh4 ай бұрын
Corporate media
@Custard_Pie Жыл бұрын
This is a real journalist. God bless you, sir!
@alainvosselman9960 Жыл бұрын
It's too hot here at moment to finish up watching this.. going outside but when things cool down i'll be looking forward watch it until the end. Great interview, i am 49 and can't believe the caliber of the new generations of investigative journalists and writers. You guys are taking it to the next level and it's much needed. I almost feel like thanking you for your service because you are the new soldiers in the battle for truth.
@somedandy7694 Жыл бұрын
If you think of the word "service," these guys deserve more thanks than the soldiery because they don't have guaranteed pay from the government, while soldiers do. Often these guys are working with no promise of pay or prestige (most of them have to beg donations), so they are truly serving/being servants, whereas military personnel enter a mutually beneficial agreement with their governments.
@crystalhealing847 Жыл бұрын
@@somedandy7694 no!!!! Veterans get the cold pavement!!!
@birdlynn417 Жыл бұрын
❤
@shanejones5789 ай бұрын
@@crystalhealing847 veterans since Vietnam have known the United States doesn’t fight for good, only for conquest. If you got a draft notice a real patriot would’ve denied.
@shanejones5789 ай бұрын
@@crystalhealing847gulf of tonkan incident we came out and said never happened. Any half sensible person can realize sept 2001 was planned.
@taliswomanartist8028 Жыл бұрын
OUTSTANDING insights!🔥🔥🔥🔥🔥 Colonialism has never ended just multiplies! Super grateful ❤⭐️...🙏🏾👏🏾
@bakmaharangana Жыл бұрын
Despite the centuries that have passed since the abolition of traditional chattel slavery, the specter of servitude continues to haunt our world. It has merely evolved, taking on subtler forms that often elude immediate recognition. Whether through economic disparities, systemic racism, or exploitative labor practices, a portion of humanity remains ensnared in a web of inequity. The sad truth is that while the chains may have changed, the fundamental issue endures - a world where power and control still predominantly rest in the hands of a select few, perpetuating a cycle of modern servitude that we, as a global society, have yet to fully confront and dismantle.
@MrRailjunkie Жыл бұрын
The most informative interview you have done yet. That like button should be wacked repeatedly for this one. Keep this kind of great work coming. People need to know about this terrible global corruption.
@ane-louisestampe7939 Жыл бұрын
Yep! Sometimes we need to press several likes, and this is indeed one of them! Fåking brilliant work, they are doing for us.
@inveritategloria Жыл бұрын
Global corruption?! LOL Global occupation!
@CC-ox9uc Жыл бұрын
Everyone wants a piece of the pie
@oldtools Жыл бұрын
I was once told that corruption is why we win. I think it's important to teach others about it and that way everyone wins.
@kiwitrainguy Жыл бұрын
It's like Lance Armstrong, he was winning everything in cycling and people were saying "That guy is amazing, how does he do it?" Then the truth came out: "Oh, he cheated, well that explains it". @@oldtools
@felipearbustopotd Жыл бұрын
We have simply been commoditized from birth to death. The worst words you'll ever hear is... We are from the government and we are here to help... (ourselves) you. Thank you for uploading and sharing.
@kujjitafari8509 Жыл бұрын
Exactly! Sheep going off the clip. Wash, rinse and repeat generation after generation.
@arjunratnadev Жыл бұрын
"The road to hell is paved with good intentions"
@NeptuneVA Жыл бұрын
You quoted Ronald Reagan? One of the greatest proponents of unregulated captitalism? And presumably you watched this video and thought that the issue was the government? Hilarious
@felipearbustopotd Жыл бұрын
@@NeptuneVA The political class are the enablers, Thatcher took Reaganomics and applied it to the UK
@NeptuneVA Жыл бұрын
@@felipearbustopotd this is a chicken or the egg scenario, because I would argue that the corporate lobbying and purchasing of elections inserts the enablers. The gross accumulation of wealth exists outside the government.
@tigreygt6614 Жыл бұрын
Thank you for the show. Am originally from Africa and live in the United States of America. Since I came to the States, because I came here after higher education ( i had a degree), i noticed that things didn't add up with regard to economics, finance, politics etcetera. So, i kept searching for more and more information, and luckily I read a book called 'The Economic Hitman.' And what your guest is describing is chapter after chapter of this book. If you read this book, and you're from the Global South, you'll definitely be outraged, especially by a country like the United States that you thought you knew. What the United States of America does, through its agencies like the IMF and the World Bank totally belies the principles that it claims to stand for. After a lot of research and studying, i came to the conclusion that even people like Obama are not really on our side; they are beholden to corporate interests. With a lot of research, and i concur with your promulgations, i came to a conclusion that aid, especially to the Global South, is a corruption scheme by Western nations. Aid benefits the doner country more than the recipient country. Sounds illogical but it's true! And what makes a bad situation, worse, is the fact that Western populations have no clue about all this. The average American cannot name 5 countries in Africa or South America. Because of all this, i am in full support of a multipolar world where other powers will offer alternatives away from Europe and American imperialism. Am definitely going to buy the guest's book in order to educate myself more. Thank you so much for the work behind your book.
@Feralzen Жыл бұрын
It's refreshing to listen to excellent critical research journalism! The internet need more of this!
@vogarner Жыл бұрын
This is why Chris Hedges uses the term "the corporate state" to refer to our enemy.
@AlbertoGarcia-wd7sc Жыл бұрын
And that is another name for fascism, curiously enough
@Ouroboros542 Жыл бұрын
Bourgeois democracy…Marx was talking about this 200 years ago
@stephenelkington4971 Жыл бұрын
@@Ouroboros542 'Bourgeois democracy' - hmm it sure ain't perfect but it beats 'socialist democracy' - which of course is no democracy at all.
@Ouroboros542 Жыл бұрын
@@stephenelkington4971 Yeah nothing democratic about workers councils is there?
@stephenelkington4971 Жыл бұрын
You're dead right there comrade !
@diegoevrard-broquet8050 Жыл бұрын
Declassified UK work is so under represented in the media thanks for having them on
@sb8163 Жыл бұрын
"Governments in capitalist society are but committees of the rich to manage the affairs of the capitalist class" - James Connolly, 1915
@thefeckineejit264 Жыл бұрын
This is what journalism is supposed to be, outstanding interview, the content is mind-blowing.
@pathfinderwellcare Жыл бұрын
💯
@lumnicolaou9993 Жыл бұрын
Wow finally beginning to see the wood between the trees thank you Navara Media honest unadulterated reporting something I haven’t seen in mainstream news in decades
@shenbapiro1291 Жыл бұрын
Kennard is a real journalist, in the same cannon as John Pilger, Mark Curtis and Jonathan Cook. There's a reason the Guardian won't give them a column.
@I_am_a_human_not_a_commodity Жыл бұрын
This deserves more than 59k views and 3.3k upvotes. This is a very real problem and not just in developing countries.
@HiprichАй бұрын
This episode to me is the greatest revelation on KZbin 🙌🙌🙌
@xFreator Жыл бұрын
And all these people out here thinking that it's only their fault... Thank you for bringing this type of interview⭐
@sighgone3369 Жыл бұрын
Brilliant conversation! I've lived and worked in many countries, often rubbing shoulders with the international gated communities. It's absolutely true that UK embassies and consulates spend an awful lot of time promoting UK corporations, including arms companies (and very little on services to UK nationals abroad).
@Tresoroeffnung Жыл бұрын
Services to the UK national? 😂😂😂😂
@mummagic7969 Жыл бұрын
That's not true. Living abroad for 15 years for the FCO, I can attest that UK diplomats are wasting most of their tines with criminal & drunken hooligan Brits.
@jjjoannides93929 ай бұрын
Shining a light on power & truth that isn’t of benefit to the majority
@hilaryporter7841 Жыл бұрын
In a roundabout way, Matt Kennard has just explained the current Starmer phenomena, a man patently on the side of the corporates. We really need to unionise every aspect of our lives, from pensioners, out of work, disabled, every business without exception, everything. If we don't get together and take on the corporate pirates our lives will become progressively more miserable and restricted. North Korea, Afghanistan etc will be akin to our experiences. When Thatcher disappeared into her 'gated community' all those years ago, she was really signally the way she knew and wanted the world to go for herself and the privileged ones, after all there was no such thing as civic society, just haves and have nots.
@queenvagabond8787 Жыл бұрын
The most troubling thing is the UK is mired in the center of this world. Extricating ourselves might be near-impossible. It might be borderless, but the UK is one of the countries that sits at the center of this web, and unlike the USA, we don't have any other resources or industry to support us if it all comes crashing down....
@HazzyWazzey Жыл бұрын
Fully agree and that’s also my plan - to come together with my local community and protect our rights.
@sheiladunn2465 Жыл бұрын
100% agreed!
@waqasahmed939 Жыл бұрын
@@queenvagabond8787 We don't *yet* We need to focus on being self sufficient as a nation tbh. We've been food insecure for some 150 years or so now We are close to being energy secure. Once we have that kind of security, we can detangle the web
@DevilbyMoonlight Жыл бұрын
I have always said, those that represent a community should live in it.. taking power from the corporates isnt going to be done with banners and protests... that wont work
@tuakanaholmes2710 Жыл бұрын
Very good information about how the corruption of the corporate world, and how it’s all part of colonialism . And how far the greed of a few billionaires breaks down small and large communities
@oldtools Жыл бұрын
It's agreed. I also happen to like the information and believe people colluded and cooperated in secret and greed is a very powerful emotion which many billionaires are sensitive to which is why many who suffer from greed and other expressions of attachment find themselves drawn to private islands where they can be safe from taxes and responsibilities to communities. Investing in geopolitical strategies which don't have the support of at least one rogue billionaire who operates as an international wild-card super-villain is like saying that the narrative is gonna be a love story between two nuclear bombs. A volcano lair is starting to look like a prescient investment in the future when you need somewhere to cool off after the stadiums crumble.
@shane9956 Жыл бұрын
All other countries need to do is to join against these corporate act. Great and informative video. Thank you!
@ThyCorylus Жыл бұрын
Excellent research from Matt. It is a form of corporate colonialism, although I would be tempted to say it's closer to racketeering. Given that these corporations objectives are often at odds with their "home" nations governments and almost certainly their people. It became apparent after 9/11 and the subsequent oil wars/war on terror and reinforced by the Citizens United decision, that corporations are dialectically opposed in their objectives to the democratic structure. The fact they can pump millions into political lobbying, sue nations and bypass sovereignty and quite literally seed their lobbyists into positions of power within the political structure, is antithetical to representative democracy. How much public money was spent "rebuilding" Iraq and Afghanistan? How much was spent on private military contractors? How much WILL be spent in Ukraine "rebuilding" the country post conflict. It will be American multinationals supported by the British, German and French. All of which have played a part in enabling the conflict. Rotten to the core.
@maryglo1 Жыл бұрын
Premeditated malicious intent!
@carinarilk89 Жыл бұрын
The war in Ucraine is a war from the USA first. UK second Only the Gouvermants and the billionare want it. Soros foundations Gates foundations Blackrock Biden Hunter They all want the Russia resource. So the want devide Russia. Than the billionars can make more money. Selenskij is an Obligarch too. He has his money in Panama Papers.. Over 800 Million$ His best friend is Biden and Soros. Selenskij has one Villa in Italy, France, UK, and Florida USA. He asks every day for more money, for more weapon. He is corrupt.
@wilhaynes1632 Жыл бұрын
Outstanding statement. If only the masses would use their commonsense to break free of their global indoctrination.
@jasonsanders80914 ай бұрын
Well said! Hear hear!
@AysenGuler369-zs1om2 ай бұрын
The usual suspects.
@V_Hayden7 Жыл бұрын
Thank you Matt for for your courage and integrity. It is shocking that the Hague actually honors these unholy agreements/contracts and sanctions the BITs especially when they are used to entrap countries. It's all beginning to make more sense. This is heartbreaking, enraging, and sickening. I couldn't listen to it in one sitting it is so upsetting. And, I didn't think there was anything left which could shock me about the machinations of BigBiz. The oligarch class has largely succeeded in reasserting their dominance. Maybe we're only one more election away from them gaining total control. The old colonialism in new clothes.
@Gph0367 Жыл бұрын
Great interview. Thank goodness there are people like Aaron Bastani exposing the truth. It gives me hope for a better future.
@Anygodwilldo Жыл бұрын
Gay rights or Islam?
@earlbee3196 Жыл бұрын
I don’t know what you mean, there is no future, Unless you are part of the 1% global elite . How are you?
@AlexFillios Жыл бұрын
TOO RIGHT
@andrewjinks7546 Жыл бұрын
Outstandingly informative interview, thank you Novara Media, Aaron Bastani and Matt Kennard.
@TheLastSongbird124 Жыл бұрын
Brilliant interview with fantastic guest. If everyday people read Matt's book and realized the truth of the global corporate world's influence and impact on our daily lives they would freak! In the cold light of this info, one has to ask one's self, is this corporate reality so entrenched now, there's no chance it will ever be replaced by a more just system? Money/greed always wins! As for the UK 'free ports', the drug importers will love them !
@gulliegulliver4546 Жыл бұрын
Excellent work by Matt Kennard. To have all one's misgivings about structures like the World Bank and International Development funds explained in such detail is revelatory. It so much worse than I knew in my gut to be the case.
@sophiemclarke6556Ай бұрын
This is real journalism.
@lisawilliamson5012 Жыл бұрын
Excellent interview. Digs deep into the murky waters of foreign aid and opens my eyes to what is really going on. Matt Kennard comes to the only logical conclusion after years of investigating these matters: Corporations have taken over our world, not only governments, but also the media. Thank you. I look forward to more interviews like this.
@foodchewer3 ай бұрын
The knowledge this man has...I don't know how he can sleep at night. I can't imagine learning about all of this has been great for his mind, but he's doing God's work keeping up with it and trying to keep people informed. You can see it in his face, the weight this stuff has put on him. God bless him and the sacrifice he has made.
@Erik_Wolfe Жыл бұрын
I have always wondered about this. I remember those commercials from the 80's about sending aid to those poor kids in Africa. Later as an adult, made me wonder if it was bullshit or not. I think my wife ended up telling me about her friend that worked for Aid for Africa. Supposably only 10% has to actually go towards the cause that they televise for the other 90% go somewhere else
@StillYHWHs Жыл бұрын
This is true Erik. I've known these things since 79-80ish.I personally saw in gv site ⁴⁵agendas. It's all real. C.h.e.r.y.l K.i.n.g.
@tutotutot5193 Жыл бұрын
as a banker in Africa I assure you that Aid volunteers are the highest paid employees and ministers rent out offices to charities using New York rates.....and the NGO know these
@Bell_plejdo568p Жыл бұрын
Only the executive and it's the ngos@@tutotutot5193
@chad90174 ай бұрын
@@tutotutot5193How many aid volunteers? Prime minister?
@BvictoryforChrist4 ай бұрын
@@tutotutot5193why is a volunteer being paid at all? Kind of goes against the meaning and definition of “volunteer”.
@artcenterjo Жыл бұрын
Excellent interview and topic! Thank you Novara, Bastani and Kennard.
@sefako23 ай бұрын
Wow. Thanks for the education, Matt. I’m a South African and it all makes sense for me given why mining companies are still in control in my country. Your book is out of stock and will be buying it as soon as it’s available.
@monkeytrousers6180 Жыл бұрын
One of the most important videos I've seen in a long time. I'm gonna watch this a few times just to get my head around it.
@blackfish86 Жыл бұрын
Not conspiracy talk at all. Talk to Africans (No White Saviours especially) about international aid and why every African leader who has defended the right of their government to make policy in favour of their people has ended up disappeared or un-alived and you'll hear the same. Even now Ghana and the Ivory Coast are boycotting Belgium because they want their cocoa farmers to be paid fairly at a huge risk. Thanks for adding the detail to how this works!
@rayofthemoon Жыл бұрын
Bravo 👏🏼 Matt Kennard is on fire 🔥! It’s as if his brain goes much faster then his spoken mouth. I have the greatest respect for this type of journalism and his strength ❤!
@TheInternetIsDeadToMe Жыл бұрын
Fantastic conversation guys. The sound of real journalism describing the truth of our world. Some of the economic realities described here seem utterly unbelievable but, at the same time, inevitable.
@ane-louisestampe7939 Жыл бұрын
Real journalism - those words almost brought tears to my eyes. Here's a silly old bat remembering THE (only?) thing, that actually WAS better in "the good old days"!
@johnnybookreader Жыл бұрын
Novara leading the way once again, telling the stories that need to be heard. Fabulous interview! 🙌
@tobylakin16 ай бұрын
Amazing talk. I’m dry grateful for the work these journalists do.
@kismetrahman5825 Жыл бұрын
Thanks, Matt and Aaron for telling us the truth.
@tamsinemily Жыл бұрын
20mins in, this is so SO brilliant. takes me back to studying my degree and learning about TTIP, this was the most fascinating topic on my reading list. big congrats for all your hard work in your journalism and analysis ♥️
@clem5474 Жыл бұрын
I am 21 mins in, and I had to come and check the comment section to see if I am the only one losing hope in the trajectory the world is heading in. I am heartbroken learning these things considering that I come from third-world country where we are always gaslighted to believe that everything happening to us is our own fault, whilst the world order is totally rigged against us.
@tamsinemily Жыл бұрын
hello Clem, I just wanted to reply and say I absolutely agree with you, and i’m sorry if the tone of my comment came off weirdly positive, when really the situation is as you state “rigged against” you. this interview is just very real which is rare to witness… i grew up in uk and live in “canada” now, there is so much positive liberal spin on everything that it is so easy for people to dissociate into ideas that charity or foreign aid works. when i was at university i started in development studies… in first year quickly realised it wasn’t critical enough, so did anthropology instead. it left me just not being able to shake off the real story like the facts in this interview. it’s hard to know what to do or how to be a contributing part of any real change. i show up as much as i can for Indigenous land resistance here in “canada” and always choose grass roots projects to support. we have to do what we can, and hopefully it will have a knock on effect globally one day. bit by bit. in solidarity, emily xx
@clem5474 Жыл бұрын
@@tamsinemily Thank you for your response and everything you are standing for in Canada.
@zackysigar5784 Жыл бұрын
Pure journalism!! Amen
@tubewayarmy2 Жыл бұрын
I've been pointing the finger at the Foreign Aid Budget, for years, because it just didn't smell right. Often at times I was castigated for accusing a 'clearly' charitable organisation. The truth is as bad as I believed, and more. Thank you Matt for making it clear what is going on.
@StillYHWHs Жыл бұрын
Non profit is just a loop hole. To not pay taxes and do nothing to help others. They give to themselves. Only. Takers.
@labradorite8256 Жыл бұрын
Almost all "philanthropy" is actually greasing the wheels of unfriendly agendas.
@ians7674 Жыл бұрын
One of the best interviews on one of the most important topics in today's world. Matt Kennard explained a complex subject in such an excellent and comprehensible way, supplemented by excellent questions and subject triggers by Aaron Bastani. This interview is now like my favourite movie, which I will watch over and over again..Good job guys
@karenmccarthy584129 күн бұрын
This is one of the most important discussions of our times. Right here are the questions and answers to all global issues. Thank you lads!
@Bobafe77a Жыл бұрын
As others have said, this is proper and excellent journalism. In the 90s I read a book called " When Corporations Rule the World" by David Korten. I recommend it.
@Elisa-mg3rc Жыл бұрын
One of the best interviews I ever saw. Good job guys!
@jeffturner2102 Жыл бұрын
Fantastic information from you Guys keep the great work up! Telling the truth! 100% respect to you both, many thanks!!!
@barryballsit4944 Жыл бұрын
"The wind of change is blowing through this continent, and, whether we like it or not, this growth of national consciousness is a political fact" - Harold McMillan 1960. Very informative. My thinking is while all these agreements like ICSIT were introduced in the 1960s, and so many former colonies were getting independence, the capital stayed with the former colonial powers. Isnt that the clincher? These countries became "independent" but in fact they were still heavily dependent on capital largely from the former colonial powers. Its a great discussion, thanks
@user-he9ew6sn9g Жыл бұрын
Bingo
@Trevor7727 Жыл бұрын
“Foreign Aid” is essentially Bribe for government officials….
@CrystalShadow Жыл бұрын
🎯🎯🎯
@nombusodlamini7298 Жыл бұрын
So are public-private partnerships where all the corruption happens.
@jonnymahony94026 ай бұрын
Government (the state) and corporations are both currupt
@pabo-qv3nx5 ай бұрын
@Trevor7727 You hit the nail on the head. When western government (CORRUPT) give taxpayers Hard earned cash to other countries, it never reaches the poor of those countries, it funnels it way back to the government of those western countries.
@mathsfornineyearolds Жыл бұрын
He is talking about the same thing I mentioned in a cultural theory paper in 2008. I mentioned the conference between schools and business as to how many people business needed for different jobs. What i found sinister was the keeping down of state school children so they would have enough to work in the factories.
@integinteg92224 ай бұрын
Wow.
@AngelaRodhas Жыл бұрын
My level of English is low to the point that I can understand a third of what they are saying, but still, enough to realize the scope of what they are saying and I am absolutely shocked. I will buy your book even if I have to translate it word for word. I congratulate the author for the integrity shown and the courage to share the information.
@khubiratsatsi Жыл бұрын
This is valuable and eye opening discussion. I wish the gentleman could come give talks in South Africa. Or even do interviews (including remote / online interviews) with some of our Podcasts that focus on economic issues. South Africa with all these Foreign Direct Investment that we have received, with all the funding from International Agencies, we are in serious trouble. I don't see how South Africa will ever escape this mess that we are in, if we want to be a sovereign state. It will be literally impossible. What a mess.
@Bongo-sm3mfАй бұрын
This needs to go viral so that the public are aware of these criminal activities of corporations
@richardsheehan6983 Жыл бұрын
In the early 1960s I thought that most of us already knew that often ""foreign aid"" often never left the US. It was used for credit at US corporations where foreign nations had promised to spend their aid. In the mid 80s we found that most people did not understand what we were talking about! Thanks for helping us to remember the realities. The rich people in the foreign country were lucky to get a small percentage,
@Queen731. Жыл бұрын
As a student of international law, this information is invaluable for my studies. Thank you.
@Didmasela Жыл бұрын
Queen731: very true. You could actually write your thesis on ISDS and the role of multinational corporations in influencing policies in developing countries: e.g the case of Honduras: and the period.
@nathanielkgobe427 Жыл бұрын
Only for your studies, but what about the rest?
@Gabby-bot10 ай бұрын
Book recommendation. 'When Corporations Rule The World '
@jeniferdevlin6914 Жыл бұрын
Just like to give a shout out for Nick Dearden and Global Justice Now, formidable campaigners against the defeated EU-US deal known as TTIP which raised all the issues around ISDS that Matt is talking about. Nick produced a book ‘Trade Secrets: The truth about the US trade deal and how we can stop it’ in 2020
@alessandrobarnara4853 Жыл бұрын
Is he South African?
@jamietulacz7742 Жыл бұрын
Matt is a superb journalist, the book sounds like it'll be really interesting. Look forward to reading!
@markant28343 ай бұрын
Best thing I've watched in ages. My humble opinion says the House of Commons, should be renamed the House of multinational and Corporate interests.
@gelinrefira Жыл бұрын
The fact that there is an underlying "investor rights" that's are enforced and protected by these international organisations, but no social or sovereign rights of a country and its people tells you all you need to know about the real power behind these organisations.
@stevem815 Жыл бұрын
Investor rights arbitration is literally just meant to sort out investor rights in relation to state power. It's not meant to do all those other things you talk about. There are other bodies like the UN that are forums for those things. It's like complaining that the gas station isn't going to fix your computer. These guys are presenting a very one sided story. The south africa example they say is 'correcting hustorical injustice' is literally one of the most corrupt and incompetent states on earth confiscating people's stuff and keeping it or giving it to their friends. And that's like the textbook case of what the tribunals are supposed to deal with: when states change their laws to take people's property, and those people have no recourse through the justice system of the state that just took their stuff. I'm sure multinational corporations abuse the system but it's not like there's no reason for it to exist, state power does need to be checked. And the states that have no recourse for foreign investors to assert their rights just don't get investment in the first place, so they are in an even worse position than states submitting to foriegn investment treaties.
@gelinrefira Жыл бұрын
@@stevem815 Spoken like a true capitalist that puts public interests below profits.
@stevem815 Жыл бұрын
@@gelinrefira you can assign whatever motivation you like to me, what i wrote is still correct.
@gelinrefira Жыл бұрын
@@stevem815 Except that it is not correct. It is just a capitalist self serving narrative that you tell yourself so as to not face the truth.
@wayneshamba6961 Жыл бұрын
@@stevem815 no one absolved local governments from being complicit to the overall problem. The bigger problem is global capitalists (backed by their governments) using their wealth to manipulate how rules are applied across the board. Corruption is one thing but what was the CIA doing in places like Venezuela, Ecuador, Zimbabwe, DRC, Iraq, Libya, Afghanistan etc everytime the respective local governments wanted to enact resource nationalisation programmes after numerous multi-national corporations pillaged resources and brutalised locals. And, what would be the point of appealing to a tribunal lead by the culprits? That's like crying to your abuser trying to appeal to their moral conscience. The same nations refuse to dissolve the UN Security Council because they are protecting their imperialist interests.
@nndeyi Жыл бұрын
Fantastic interview! Very insightful and educational. I had to watch it twice in case I missed something. Bravo to the Novara team.