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Questions were asking today on maids and some of the answers might surprise you in the wake of the fridays for future movement its not only schoolchildren protesting against Climate Change around the world germany they have now been joined by businesspeople a group of 4000 startup founders is calling for a new approach to industry and production they call themselves entrepreneurs for a future lets listen. Bill and m. M. M. Businesses are always used as an excuse that they cant or wont change and you mustnt harm the economy the way here is entrepreneurs to say that were ready to take action to protect our climate some. Books they can through the door for short haul flights or something only an sec should be taking we have a policy both in our private lives and in the company that we wont take a plane for any trip under a 1000 kilometers. Good thing we need to change our system and work with politicians to define a new game plan to protect. These apparently were here to say that Economic Growth isnt everything we cant work without an intact planet. We need this circular economy where we treat the earths resources in a sustainable fashion. You. Must production and minotaurs ation of Household Appliances and electronics have made them cheaper for all of us but thats also how the side effect that repairing standards appliances like baking cleaners makes is all kettles is an economical and in many cases even impossible the result mountains of electronic waste full of rare and toxic chemicals to make matters worse many manufacturers actually Design Electronics to wear out their constructed in such a way that they must function after a certain amount of time so consumers have to buy a new one thats been bothering my colleagues christian koala for a long time and so hes joined a radical new movement. The speaker is without that and i dont think you can. We are buying more and more stuff thats less and less the world for example electric goods are the Fastest Growing type of waste in the ward and the result. More and more. Is the ways that you dont produce when you look into the container uses a really old laundry. Consume so much energy makes sense to me and if you can so. Many things could be repaired like my laptop. Oh lets do it there for less ok cool or not so long actually it is not good these people are suffering from. Cavan the problem is magazines using war apples using some special kind of screws. My name is Hoover Lowery the cofounder of the restart project the 1st prime p. Of examples of designs that limits consumers ability to repair and reuse a problem. Like batteries cannot be removed or products to be glued rather than screwed. To screw the glue thats a good one of the its a problem of this sign any under labor of choice but much like trust me thats why. There is this theoretical understanding that a product will say that they are your legal warranty expires the american. Came up with planned obsolescence way back in 1902 he thought it would be a good way to boost the economy because it would force customers to buy more products. Be. Incredibly flawed because what were seeing is the type of innovation that actually does not. Nor people. Whether we like it or not the products we buy arent built for the ages. Its become obsolete the way the. Customers are angry about that. They forced us to buy. This thing. Thats been the source of my worst experience because they wont support the. Awareness of the problem is growing both in the us and. By that part of. The small team of 3 young women starting a petition for the right to repair last year but we collected more than 100. 00. 50. So what does movement want. To repair. The stock market so thats very easy to take apart. But the movement is getting stronger. Confident that were going to see everyone. Everyone in the street what they think about our product that they want to retire early so that no one wants products that are safe for use weve done it for plastic we can change that for the future of electronic. Data and they can live a useful. Color that now lets think thats true if you can repair your stuff at a reasonable cost you dont need to buy new stuff with practice becomes widespread which is used to be in case youre too young to remember the growth model that our economy is relies upon will certainly take it well if that idea appeals to you you arent alone supporters of the de Growth Movement are calling for all of us to cut down on consumption for the sake of the planet and our own wellbeing. More growth more production more consumption that seems to be theyve usual recipe for boosting prosperity and that in turn means using more resources which is less good for the environment were now using up Natural Resources an estimated 1. 75 times faster than the planet can replenish them. Critics of unbridled Economic Growth a calling for a stop to that growth is an International Association of academics who want a global slowdown in order to save the planet growth wants us to be content with less to cut consumption the group does see the need for some people to have a car for example but if you do buy one then make it a small and preferably used model a key element of g. Growths approach is whats being called the repair revolution where consumer items are ahead and not discarded and replaced the idea would also require industry to manufacture products that last longer and this way Industrial Production which rink and sharing is also crucial 3 neighbors alternately using the same general means fewer resources consumed finally the more just society imagined by d. Growth would have a government guaranteed minimum and maximum wage to ensure a fairer distribution of wealth critics say the model would mean job losses and a low economic output would also make an expensive modern Health Care System an affordable for industrial nations the growth system has also been called unsuitable for developing nations which need to prosper the movements on global redistribution d. Growth a radical alternative to the belief in unfettered growth. How much longer congress continue the fact that our resources are finite opinions are divided of course we called on 2 opposing experts to discuss growth and its limits tim jackson an economist from the university of sorry and andrew bose of words of the pimco investment. An economy needs to grow or does it to x. But to opinions the idea of grace for ever on a finite i just doesnt make sense. The more growth you have the better it is for employment. We might have to be careful about what we wish here in terms of 0 growth. Whats more in perspective career path and that sort of world am i going to have to wade into the older people in my company retired before i get a promotion its going to mean very slow progress in increasing my income there are a real opportunities i would argue in moving towards a different kind of economy and one of those opportunities is in the nature the quality and the quantity of work that could be available to people low employment would be one of the consequences of a de gross. For a Slower Economy with more services for example more healthcare more education more social care more jobs that require human input and human labor you could find yourself in a position re the labor shortages rather than unemployment. As you move away from a growth based economy. It could mean more jobs it could mean fewer who can say but what we do know is that the concept of Economic Growth is only challenged in affluent countries. I think its a 1st world problem we have the luxury of having that problem because their Living Standards are high in parts of the world where were Living Standards are lower or you live in poverty you might have a completely different perspective on that growth is one of the ways of getting people out of poverty the data is very very clear if you raise the incomes of the poorest across the world from nothing to around about 10 or 15000 dollars you have extraordinary improvements in quality of life but that doesnt really let the growth based economy off the hook in countries where actually an increasing growth has led in some cases to the decline in well being where an increase in greece has led to rising inequality. The standard indication of Economic Growth is g. D. P. A minute she measure of the market value of all of the final goods and services a country produces. That measure or is has a quite a few falls doesnt properly capture the well being of society so think of examples such as Mental Health or the distribution of that income the g. D. P. Gross domestic product concept doesnt catch those things as well its not as it turns out even a measure of. The stability of the economy that year just before the financial crash in 2007 was one of the best years for the g. D. P. So were not sure were using the right metric our experts agree on that they also agree that the state needs to set boundaries for the economy government has a very clear role to play in setting the conditions under which businesses operate has a very clear role to play in putting in place protections around the climate for example it has a responsibility to ensure also that the society that we live in. Protects the interests of everyone and not just the privileged few markets can help but they also need guidance as well boundaries need to be see it because of no boundaries you end up with outcomes that are from a from a well being perspective sub optimal. Taking a skeptical view of growth is all well and good but in truth its something of a theoretical debate because over here in the west weve heard in the reports growth is limited anyway meanwhile many parts of asia and africa are growing at rates of up to 6 percent thats of course generates a lot of c o 2 as a byproduct additional Power Generation transportation and a growing middle class need energy because for no growth from well meaning environmentalists understandably falls on deaf ears in many parts of africa job growth for decades many say no give us. The kenyan capital nairobi has a population of around 4 and a half 1000000 thats not large by Global Standards but it is one of the worlds Fastest Growing cities Shopping Centers are springing up all over reflecting the rising wealth of the middle class. The economy of the city is expected to grow by 6 percent this year. Economists at the think tank enter Region Economic Network are calling for more trade between african countries theyre skeptical about the criticism of growth expressed by environmentalists in the west. Because were not is that for the environmentalists mostly western countries when theyre saying that opposed to grow up with their jailing people in poor countries to rein in poverty because theyre in poor countries were struggling to actually move out of poverty to a bit of wellbeing and if someone says we should not grow simply saying we should remain poor we should remain stuck with diseases and farm in. Kenya wants to do the opposite and stimulate growth to fight poverty. Nairobi at least its bursting at the seams despite smog and congestion the city is attracting investors. One selling point that its touting is lots of cheap labor. Thats convinced an indian plant manufacturer which would like to produce valves in kenya. We as a manufacturer we are looking forward to a woman who fracturing program will start all Manufacturing Program that will be kenya after we see how the market is disappointing us. Kenya is proving to be especially attractive to fin tech companies. Kenya has a high penetration rate of. The internet and also can use the power of. Mobile money and this has created quite a long wall d fall but it is for local and Foreign Investors another expanding sector of the economy is a Waste Recycling thats born of necessity as kenya has become a dumping ground for waste from industrial nations something that economists james she quality feels is no help at all. The western country is one where they can offer support just to possible look at their own footprint we should have to grieve an approach to to ever wait in part or in poor countries so that if there is a ticket for payment or compensation then that has to be something that is that of britain. Kenya is certainly being impacted by Climate Change temperatures are rising and rainfall is growing more intense and unpredictable just a few kilometers from nairobi is wealthy centers kibera often called africas largest urban slum Life Expectancy here is just 30 years in the western countries addressing the challenges of Climate Change and talking about extinction and you know from our poor country point of view you can also argue that poverty can lead to extinction when people dont have the ability to take care of diseases to be able to feed themselves to to live a comfortable life but also is a big threat to humanity so the message from kenya is both Environmental Protection and Economic Growth are essential to improve the lives of the poor. Now when it comes to boosting personal wealth people have been betting on one particular practice thats been around for centuries gambling recent visit to the wells time gambling capital macau left made reports like your dog wondering if this special Administrative Region of china doesnt set the stakes too high or itself. This isnt paris it isnt venice it isnt even last vegas this is macau casino capital of the world and one of the richest places on earth. But this 12. 00 the fight. Many people here criticize the government use the money to you know. The rest of. The special Administrative Region of my car is in Southern China and i was ferry ride from hong kong the city has about 6 160000 inhabitants. This is my 2nd time here and im definitely not the only one visiting over 35000000 tourists came here in 2018 the vast majority of them from Mainland China. Its pretty annoying but most people come here for one reason only. Because he knows gambling is illegal in Mainland China but not in moscow resulting in. The fact that. Ive never seen anything like this before its just insane like disneyland plus vegas on steroids but how did this happen lets back up a lot starting in the 16th century macau was on the Border Control the port city was usually overshadowed by its biggest system the british colony of hong kong the colonial past explains the european touch macau was handed back to china in 1909 but it has remained a special Administrative Region with its own laws borders and currency. As a time of the handover mccall was not as well off as today but in 2002 china opened a casino concessions to Foreign Investors the gambling industry and with it the local economy skyrocketed making macau the 2nd wealthiest place on the capital after. Obviously we missed sometimes by the same time were happy to see the development of the city too but he doesnt want to put too much focus on his employees because enough on one hand the gaming industry definitely changed and then these become a lot bigger and so on the other hand has changed to a way that this become a lot more fights in times Office Offerings Galaxy Entertainment group one of my colleagues biggest casino and resort operators rather wants to showcase its other offerings its result features 6 hotels with almost 4000 rooms 120 restaurants and bars a cinema a mall basically a city in its own right but still close to 90 percent of the revenue comes from the one thing i cant film. Right here next to me thats where the casino actually is but im not allowed to film inside and im not even allowed to film the writing casino on top of it so i asked i took a look around a different one without a camera. And. It was so huge inside you could have easily got up and made it up the whole point of it but the amount of sips on those poker tables i didnt play myself but that something else. Tax revenues from the gaming industry account for almost 90 percent of my house budget that benefits the locals and thanks to the no jobs unemployment is only about 2 percent every citizen gets a cash handout of around 1100 euros a year Subsidized Health care and free to cation through high school. But dependence on casino money can become a liability. Unfortunately what has happened is weve ended up being more dependent on. China than ever before so a large part probably somewhere around 70 to 80 percent is our estimate of our gaming revenue comes from china not only that the beginning industry itself has become the beyond a man all in macau us economy so is sucked all the manpower the resources. From Economy Efforts have been made to diversify the economy but not very successfully that dip in the cows g. D. P. That happened partly because china cracked down on corrupt tyrol as you like to frequent mcculloughs casinos. And its not only the economic dependency that has some residents worried. Yes their school. To earn more money and have you know the drops guarantees are also but theyre small enough for a full questi of our society suso is my cows youngest lawmakers many people more the politics here. You know the media in Education System always. The weapon used to just pop more economics last politics. The media is heavily government controlled which means by china speaking up can have consequences sulu so was suspended from parliament in late 2017 over a protest against a government linked organization. He was reinstated half a year later and remains one of the few outspoken critics of the government. Yet this place is a bit crazy right sometimes and the citizens in. Set from the system as long as its too quiet so far they want to go along the beach. And thats it from me and the maids thanks for watching see you next. To the big. They sound in time sing but are a drain on Natural Resources guitars made of african. Forest across the region are threatened the american guitar builder is taking responsibility for. Financing reforestation income an. Eco. Africa. 30 minutes w. Why i subscribe to g. W. Books to meet your favorite writer. But i want is to share where to find beautiful. Books on you to. Sleep. Carefully. Simply. To be a good. Discover. Subscribe to documentary on. You may write history. You may try me in the very dirt but still. To see my broken. Shoulder. Theres an issue. From a past. This is deja vu news live from a horrific discovery in a truck container near london. Emergency services attended its but sadly. Inside the container. Truck because they believe to have come from could the victims the migrants hoping for a better life. Also coming up russia and turkey says

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