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Standard against grown a virus which u. K. Magazine has supported everything from medical privatization to nature nation backed death squads as it promotes illegal regime change in venezuela reinvestigate inarguably blood drenched Media Institution headquartered in london and read by the rich and the aspirational forceable coming up in todays going on the ground at 1st as the World Health Organization recorded the largest daily increase in cases since the coronavirus pandemic began scientists and big pharma scrambling to find a vaccine that would be free for everyone joining me now via skype from washington d. C. Is someone consistently voted to be in marc benioff Time Magazine most influential people in the world she is chair of the board of the Global Alliance for vaccines and immunization a 2 term former nigerian finance minister and former managing director of the World Bank Group dalton goes you know congo it well i thank you so much it goes you for coming on britain i have to say doesnt believe the w. H. O. 14 days. Warranty period doesnt believe thats right trump claims the w. H. O. Is a front for the Chinese Communist party before i get onto the actiq celery during vaccines are you surprised by the amount of vitriol aimed at the w. H. O. In the world today the world needs another needs a shine that can help us manage diseases that type of dennetts a pandemic in this case you know you the world needs to come together to cooperate because until if the last person still has the disease then everybody in the world is in danger no one is safe on to lead a whiny state and the only way you can manage that is with an organisation that has 188 member countries like the show so you dont think theres any danger the china gave 2000000000. 00 to w. H. O. This week and donald trump says appears to be withholding money from it i think that doug ha should be supported to do its job which is to make sure that we approach that pandemic as a Collaborative Community Global Community because if we dont do that were not going to be able to get on top of this core and not buyers you echoed want to be instead on this program about how were only as strong as the most vulnerable the w. H. O. As a Partner Organization of something called the act accelerator youre a special envoy for it what is the act accelerator. The active accelerator is an initiative which is global. That has been launched in order to support all the tools needed to help us deal with 19 and the idea is to support the developmental manufacture and delivery at scale of that scenes with their. Correct safe and high quality vaccines out found or therapeutic or dad gnostics so they test 3 sets of tools but since therapeutic stand out not states and this law the initiative which has countries from all around the world to our member countries are. Supporting it so that when we get for example their right back seems that past state we can make sure that nobody in the developing countries for instance is left without the vaccines that theres equity in the distribution and the access arguably developed countries obviously also need access to those and vaccines its only just begun but is it strange that the actors working with the pharmaceutical Companies Like g. S. K i mean they they pleaded guilty to criminal charges a 3000000000. 00 us settlement Largest Health fraud case in history you have a reputation in fighting fraud in nigeria whats it like working with Big Pharmaceutical Companies or the been done basically for fraud well within day at that celebrated critical organizations seppi quietly champlain preparedness innovation which looks at the back scene still so that seemed development and manufacture and that the Global Alliance for vaccines and immunization of which jailed the board which deals with also helping to manufacture at scale and delivery those that it to keep organizations were dealing with seppi is now looking at about 10 but there are those out state and wherever the vaccine is confirmed. Lots of companies as you know that are working on this lots of Research Laboratories so whether comes up with the right about seeing that is a sustainable solution for the world seppi will work with them and god it will work with them and to be clear the vaccine will be free theyll be complete transparency and there will be no w t o trips trade related aspects of intellectually intellectual Property Rights dimension to the covert 90 mm vaccine what they act at celery tenney said it is looking at is how come we have a situation in which the vaccines when found will be regarded as local public goods meaning that the issue is not about profit but the issue is about saving humanity from 19 and having a sustainable vaccine therefore theyll be equity access and transparency in the way dead about scenes are handled or did therapeutic that not states when they become available so averse to case one day when big pharma announces a vaccine or treatment for corona virus as a share prices go up so much i mean presumably if theyre not in it for the profits or the bonuses gilliard stock price should have shot up for rem disappear as a possible treatment for a coronavirus what were people share prices going up when actually this is just going to be free at the point of use i think that youre mixing up 2 things i mean these outward Tech Companies nobody can control the way that the animal spirits in in the Capital Markets react to it to the news that they found something not the other that is to separate them from saying we got to that scene of vaccines and say look you know this is now a Global Public good which were going to work with us not about profit and were going to make sure everybody has access if theres still one person who has got the 1000 if theres a bomb. Mobility in the world everybodys at risk because we know that good in danger connected ness of the world we all go on rebel its going to spread again so we need to save lives thats the paramount and i think all that tangled in the development of these accidents will come to the table for that object so its definitely not going to be like say a hiv vaccine when a. Z. T. Had their door novartis is Cancer Treatment i think costs half a 1000000. 00 around for kim lots of Public Sector involvement in the research and development these Big Pharmaceutical Companies often accused of putting more money into stock buybacks than research and development and yet these private companies seem to have made massive profits of vaccines in the past. Has discovered 1000 is concerned you will notice that a 2 weeks ago the European Commission under quote of me had a fund raising drives to raise resources to support this act at celery and initiative to get vaccines affordable and equitable to tell all in the world who will need it and at that point they raised 8000000. 00 to support this effort so it is very serious the issue of equity and access and you have seen people all over the world protest in i write in their tests that this is the weight it should be we dont want only rich countries to have access to their vaccines we want to make sure that nobody is at the end of the queue and that we have access and for everyone so you see this is literally a a revolution in thought processes over different say big pharma lobby groups because actors going to be working directly i understand with the International Federation of pharmaceutical manufacturers i mean these are the mass lobby groups that have arguably lobbied for intellectual Property Rights to prevent widespread access defacto to a vaccines their Global Alliance of vaccines any end in a zation and sadly they doubt the alliance has worked with manufacturers before to get vaccines larry look are sometimes that seems that cost a 100. 00 in the rich world where able to get them down that for the last 50 of those and so on after 4 dibble for developing countries we are able to negotiate this because they have some instruments like the advice market commitment or the advantage purchase and commitment where we discussed with the stump news ahead of time largely im you know we work in 73. 00 countries with comparable offered them volume so that become bring their price down. Very know to up will be able to be afeard it will walk on trees but what about the problems and you knew about the more than most people of the efficiencies of Public Private partnerships how bureaucratic they become how sometimes fraudulent they they are weve seen that here in Public Private partnerships if you dont think it would just be better more efficient less bureaucratic for the World Health Organization or more democratically accountable bodies to take over the pharmaceutical companies and and make them institutions for the benefit of all rather than having profit in the equation at all the Public Private partnership that i have worked in which is gavi the Vaccine Alliance has had a very good track record its regarded as one of the best partnerships one of the best multilateral is in the world and its consistently rated very high their strengths there and seeing what it does so there is no bureaucracy it has very low administrative costs 3 percent and he does his job accept partner for the worlds children so thats the kind of Public Private partnership that damn you so and thats what were in right now just turning to africa now you spent 25 years. Of in top levels of the world bank why do you think it is obviously every death is a tragedy that the entire continent of africa has so far only have a death rate of 3000. 00 we have arguably 60000 killed by coronavirus here in britain is of some kind of vindication for the Health Care Policies of the world bank when you were outed i dont think this has to do with the world bank with all due respect to step to say that the world bank has acted to meet emergency Resources Available to developing countries all around the world including in africa i think this week nobody knows this is something to be studied why the death rate on the continental us is as low as it is even bill then. In both cases and has been rising doubling every 2 week. The number of deaths is you know that people posit that maybe its because of the demographics of the continent because you have a fairly young population some of thats posited that maybe theres some kind of immunity i raise him from i havent had a day in fact shas diseases no one knows because theyre being anecdotal reports of african hospitals having full p. P. Protection for Health Care Workers and general levels of Health Care Better than in the socalled developed nations like britain or the United States i dont know whether you want to take credit for that as part of the Global Alliance or vaccine and immunization or whether jim yong kim with the world bag will be to you for the top job there do you believe that these multilateral institutions have a key role in helping developing nations combat coronavirus or too early to tell the coronavirus epidemic is still some places dont need it in other places the curve is still rising and i know that they multilateral institutions have moved quickly but the African Development bank the world bank the i. M. F. Other institutions all around the world in malta making their dance if i announced in a billiard ball now and dead that the i. M. F. Has given some measure of debt or lead to countries but let me tell you something the african continent has moved itself to help itself and has acted very quickly and the policymakers have been very responsible and i think thats also partly why we have seen the incidental deaths lower why is this weve had experience with other Infectious Diseases in the past so we have some strong systems to trace identify and trace contacts are people we have the systems in place in several countries and that. Well you dont get that from western media or arguably doctrine goes on joy thank you very much thank you off of the break as from this week old british newspapers for the 1st time no longer have to disclose sales figures i mean the Widespread Lack of trust we investigate how the economist magazine is for centuries remain to global influence despite its auggie will blood drenched support for imperialism all this more coming up about to a going underground. Join me every thursday on the alex simon show and ill be speaking to guest on the world of politics sports business im showbusiness ill see you then. No t. V. No crowd. No shots. Action well to be. Struck no the 1st. Point should be your thirst for action. Welcome back in the past few days venezuela summoned Boris Johnsons top diplomat there for a dressing down of a u. K. Let alone e. Q. And u. S. Coup attempts one magazine that this months failed u. S. Mercenaries could have expected support from is the london based economist magazine owned by european oligarchy interests like Rothschild Cadbury and the fiasco off family founded almost 200 years ago when it promoted Market Forces as a solution to the irish potato famine that killed up to a quarter of the countrys population it has since championed imperialist death squads backed regime change all over the world and has even used alleged war criminal Henry Kissinger for its advocates. Good evening good evening you can read. All the ready for change and. Joining me now from new york is an exam deserve an historian you left review editor and author of liberalism at large the world according to the economist thank you so much alexander for coming on only this week newspapers and magazines of for the 1st time not required to give their circulation figures i think from this book and you say. In the your new book the economist will be relatively immune from the people refusing to buy mainstream print journalism why do you why do you think that is and why is it so successful a magazine well i think theres a 22. 00 main reasons one is that the economist does provide a Genuine Service to its readers which is to cover the entire world. You know truly on a global scale to bring readers information about the places originally that they were they were sending their capital the other though is that it is it has been very effective at marketing itself in the kind of you know high period of globalization as a sort of rough guide to globalization the rough guide to capitalism lets just talk about venezuela for a 2nd given that we now know from afraid of information request that has led to the venezuelan government summoning the british top diplomat there about a coup attempt at support for a coup a year ago the economist magazine leader was called how to get rid of nickel ahmed or an attempt to depose the dictator appears to have failed try again what is this obsession with regime change arguably that you detail in the book i try to restore a size the economists interest in promoting regime change around the world as as as as being quite fundamental to the history of liberalism from the perspective of the magazine based based in london and did it today just the period of the high cold war the economist is you know trying to figure out what the best political systems are for the accumulation of capital for Foreign Investors and really before moodys standard and poors or or barrons or any of these other Credit Rating agencies ever exist is negotiating and fine tuning the mechanisms by which a society a state can be can be governed that are conducive to the kind of new. Financial capitalism that we we know so well so that is as present in the coverage the economist gives to the coup of Louis Napoleon in 851. 00 in france and marx writes about this in the 18th brumaire he says the economist speaks for the as the european organ of the aristocracy of finance you know as the stock market rises its confidence in the executive increases and so i try to restore that as a kind of the nominee and that goes beyond calls for regime change in venezuela today although of course the economists continue to try to do that but to really sort of see it as a structural phenomenon and in the book i cover the economists coverage of you know the who in brazil that opposes the democratic regime in guatemala in iran its not an isolated sort of obsession with manure and its something that the economist. From this perspective has been talking about promoting openly for a very long time yeah well that we just played a clip the economist seemingly proud to have an affiliation with his injury and you talk about chile in the book one coronavirus given its 200 years old the economist magazine just tell me about how they took that kind of opinion of sanitary conditions during the cholera epidemic in london that may surprise some i dont know whether that educates how people in the economist today may see the lockdown here in britain. Well the attitude of the economists today towards cove it is quite a bit different and more proactive than the positions that they took in the very 1st years of the publication and one of the things that i document in the book that isnt really well understood about the history of liberalism is just how central for the economist less a fair economics was in the 840. 00 s. And early 150. 00 s. And the economist in that period adamantly opposes any form of intervention in the economy and in terms of its relevance to our present crisis that includes interventions to create modern plumbing sewage sanitary bill. And a number of others pieces of social legislation. You know theres a line that pretty incredible from that period where the Economist Says there is worse evil than typhus or cholera or in pure water and that is mental in the silly to today the economist has has argued that the state should intervene in all sorts of ways to keep the economy going and to to ensure some form of you know safety and sanitary standards but that hasnt that always been the case theyve theyve changed the image of course so that part of the 19th century it may not be much in the British School text books but that was when maybe up to a quarter of the population of the island of ireland were killed by the british back potato famine i understand the economist was equally laissez faire about that solution to the arguable genocide in precisely and that is perhaps the most important episode in discussing it and talking about the practical effects of what laissez faire meant right this was laissez faire you know was was a policy that in ireland led to over a 1000000 death you know the economists ran leaders every every week criticising in. Back in those who who wanted to restrict trade out of ireland and in fact its important to realize that that one of the reasons that free trade triumphed in britain when it did it was the argument. Compelling argument that that free trade would lead to a solution to the to the to the irish man and so i think its important to think about that today if we simply continue on the path that we were on before the crisis began its no wonder that we see the kind of rampant inequality is exposed in our societies the fact that in the u. S. Where im based those who go to work who have to work who cant work from home are exposed to the virus in a way that people who stay at home home arent you know so so that certainly there are lessons in in terms of what happens in a crisis when the market is allowed to simply determine who lives and who dies well when it comes to who lives and who dies and whos affected most by economic policies today in the economist do you think that there are close links between the secret services on the economist you detail links to the cia to mossad tell me about brian crows ear and foreign report what i document in the book is the way that the economist and one of the things that i discussed in the book is the relationship between the newspaper a newspaper that has promoted sort of the spread of Global Capital and various other ideas. The close connection between it and the British State and that this is one of the ways in which liberals will try and says it is through its close connection to the British State so this is a slightly different story that im telling than than than the one thats generally term about liberalism is being kind of inveterately hostile to the state so theres a close connection there in the period of the cold war there are some really extraordinary characters that are involved in. In producing journalism at the economist brian cruzeiros one he wrote for those of fans of the of the genre he wrote kind of tell all memoir called free agents even though he really wasnt a free agent in the sense that he was kind of closely tied to the intelligence communities in the u. S. And the u. K. And through him brian crowes youre a number of other. Journalists were recruited to the column as one of the strangest in the book is a character named robert moss who. Famously skipped down the corridors of the economist offices and in 1983 the day that. Door and they ensure they took his life chanting my enemy is dead and moscow was deeply involved in the period leading up to that coup in in preparing western opinion as well it within chile it was a it was a sort of a clear cut case of propagandizing and. Enjoy ties to the cia as well as to to to other western intelligence agencies and and so what i try to demonstrate is that in the cold war period in particular we see those close connections to the state manifesting themselves and in this kind of pushback against detente and against sort of not only left wing or communist governments in the 3rd world but even even even governments that that simply attempted to sort of nationalize land robert the fellow that i was just alluding to was also fascinating because in it at the end of the cold war he he you know kind of goes off the deep end and in 1980 but a decade before the end of the cold war begins to write erotic spy thrillers i read every single one im not sure how interesting those erotic gorillas are going to be vor her audience but them why i mean given that you itemize china india afghanistan lancer don south africa malaya kenya the kind of blood. So colonialism that its promoted why when you think today advertisers want to advertise in the economist well i dont think they do no no no its past and i dont think that the. And i dont think that every one of the economists really understands the past either there isnt theres an idea that liberalism is. Inherently anti imperial antiimperialist or to say this isnt the case and i try to show the ways that the 2 phenomena are linked in terms of wire ties or is what 2 to 2 to advertise and in the economist i think the that the wealth of the readers who subscribe to it this is the main reason and you know look i for me as an historian that imperialism is not simply confined to the past we live in a in a world in which relationships of colonial neo colonial dependency you know continue to exist to persist and one of the things that i show in my book is that in order to construct the Global Economy in order to construct Global Capitalism one of the things that the economist discovered when it when it had a terrible rout with with the with another group of liberals in the 18th fiftys over or of these wars that that arise war in china war or in india or suppression of the Indian Mutiny and the crimean war is that actually the management of the World Economy requires actually the use of force and of violence what of course the economist said when they reviewed your book didnt acknowledge what the magazine has got right and defy the odds that it its defense against your book was that only 5 percent of the economist or editorials has lots of charts its concise it has lots of facts in it and thats why people buy it thats a criticism that ive heard about the book you know that ive received that you know that. The economist produces good facts and good data and good information on the one hand and that Something Different than its editorial opinions on the other well obviously thats thats a false dichotomy that the relationship between the information at the miss produces about the World Economy is related to the kinds of the kinds of ideological points that wants to make about weight that World Economy should work what governments should look like and do and that doesnt mean that reading the economist is is is unhelpful it is helpful so its its strange to me to teach it to to one pilot my book says anything other than that the economist is extremely important and we we ignore it at our peril we should pay close attention to what the Economist Says and advises and sometimes we should do should do the opposite in a free advertising examiners evan thank you very much thank you thats over the show were back on monday from the european have a federal grant of ours with someone of good luck to the next mad drill ministers that recently johnson to be center with running china brazil theyre watching and drawing on the ground on twitter you found that instagram and facebook. It. Could pick up the book. And come back. To new to show you the books and use it to said look no problem for the loco up talking. Ringback clock that just look up one. Dollar a piece in the wall it shows the stuff but dont take care of the slides faked fixing to force you to put stinky human body with no escape. For him all. Your life through my box if we can fit me perfectly to function it thankfully to please him. And i know some function is likely to finish its shift but. As for it

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