Browse content similar to 27/05/2014. Check below for episodes and series from the same categories and more!
Line | From | To | |
---|---|---|---|
The leaders of the European Union are meeting tonight in the aftermath | :00:00. | :00:10. | |
of an election which saw many of their citizens blow the institution | :00:11. | :00:15. | |
a resounding raspberry. But are they listening? Well, you would like to | :00:16. | :00:24. | |
think so, but there are signs tonight that plenty want to carry on | :00:25. | :00:31. | |
regardless. Popular capitalism is a crusade, a crusade to franchise the | :00:32. | :00:36. | |
many in the economic life of Britain. Oh yes? Does capitalism | :00:37. | :00:40. | |
have to be like this? Is there another way, way to find of creating | :00:41. | :00:44. | |
an inclusive capitalism? The boss of John Lewis believes so. | :00:45. | :00:50. | |
Got a million to invest? Why not buy Tracey Emin's bed? We will talk to | :00:51. | :00:55. | |
her about the nuttiness of the art market and whether she has got any | :00:56. | :01:03. | |
better at making the bed. And Justin Rowlatt joins the | :01:04. | :01:05. | |
Brazilian forces taking measures to try protecting indigenous peoples | :01:06. | :01:08. | |
from the predations of the modern world. The officers decide there is | :01:09. | :01:21. | |
only one thing for it. She is going to burn it down. | :01:22. | :01:28. | |
Oh dear, what do we do now? It would have been a delight to see the 28 | :01:29. | :01:36. | |
elected leaders of the European Union and their associated | :01:37. | :01:38. | |
functionaries gathered beneath a banner like that tonight, when they | :01:39. | :01:41. | |
met for their free dinner in Brussel, to discuss what the | :01:42. | :01:46. | |
weekend's elections mean. David Cameron said they meant that people | :01:47. | :01:50. | |
felt the EU was "too big, too bossy, too interfering", which seems pretty | :01:51. | :01:54. | |
accurate. But these are the very people who made it big, bossy and | :01:55. | :01:58. | |
interfering, and what are they going to do about it now? Mark Urban is in | :01:59. | :02:07. | |
Brussels. Do you think the implications of the | :02:08. | :02:12. | |
vote have sunk in? Well, the thing is, different implications are | :02:13. | :02:18. | |
sinking in indifferent international members. For the UK and France it is | :02:19. | :02:23. | |
very clear what happened, there was an earthquake of right-wing US | :02:24. | :02:27. | |
scepticism. In Spain and Greece, it was clear what happened, it was a | :02:28. | :02:32. | |
left-wing rejection of authority that rocked the system, of | :02:33. | :02:36. | |
austerity, I beg your pardon. In countries like Italy and the | :02:37. | :02:41. | |
Netherlands, there was a far lesser turnout for Eurosceptic parties than | :02:42. | :02:44. | |
some of the incumbents had feared even a couple of months ago. Instead | :02:45. | :02:51. | |
of having an awkward squad in the European Parliament of up to 200 | :02:52. | :02:53. | |
Eurosceptics, as someone suggesting that polls might, if they came true, | :02:54. | :03:00. | |
deliver, by this point would be considerably less. What's more, you | :03:01. | :03:04. | |
have this different national awkward squads, some on the far left, summer | :03:05. | :03:10. | |
fascist, who will find it hard to agree about anything. Instead of a | :03:11. | :03:14. | |
coherent Eurosceptic block, I think we are looking at a much harder | :03:15. | :03:18. | |
Parliament to manage, but one which some people think because of that | :03:19. | :03:23. | |
can still be managed. Is there really a sensible business as usual | :03:24. | :03:29. | |
there? I think because of that feeling, that perhaps even this can | :03:30. | :03:34. | |
be got through, there are extraordinary things going on here. | :03:35. | :03:37. | |
These are the things which normally happen after European election. You | :03:38. | :03:43. | |
get an election of a new chairman of commission, the civil service, the | :03:44. | :03:48. | |
real Eurocrats that people on the right in the UK like to excoriate. | :03:49. | :03:50. | |
That happens with a lot of close right in the UK like to excoriate. | :03:51. | :03:54. | |
door meetings. The person who ends up taking over | :03:55. | :03:58. | |
door meetings. The person who ends current favourite is a Luxembourg | :03:59. | :04:00. | |
politician, is not some who was elected on Sunday, it is someone who | :04:01. | :04:04. | |
is chosen in these backroom meetings and we are told that these can | :04:05. | :04:10. | |
expect to go on for several weeks, while the | :04:11. | :04:11. | |
expect to go on for several weeks, parliamentary caucuses haggle over | :04:12. | :04:13. | |
who should parliamentary caucuses haggle over | :04:14. | :04:22. | |
attempt to get some serious change between the relationship between | :04:23. | :04:28. | |
this country and Europe? He is trying to exert influence including | :04:29. | :04:31. | |
over the choice of who runs the European Commission next. He had his | :04:32. | :04:35. | |
loose alliance of parties including the Dutch, the Swedes and the Danes, | :04:36. | :04:39. | |
who were working with him to try and open up some of these areas and say | :04:40. | :04:43. | |
that member countries should be able to take more of their so-called | :04:44. | :04:49. | |
competencies or powers, if you like. We see for example, the Dutch, not | :04:50. | :04:53. | |
under the same pressure from Euro sceptics as they thought they might | :04:54. | :04:58. | |
be, in these elections, will they still be so keen on that? One thing | :04:59. | :05:01. | |
is the shore, Mr Cameron still still be so keen on that? One thing | :05:02. | :05:04. | |
the backing of the Swedish Prime Minister. | :05:05. | :05:08. | |
I think the situation in the United Kingdom is one of the most important | :05:09. | :05:14. | |
to attend two for the coming five-year period. For Sweden it is | :05:15. | :05:18. | |
of the utmost importance that Britain stays inside the European | :05:19. | :05:22. | |
Union and we also take into account the situation we | :05:23. | :05:24. | |
mandate for the incoming commission. Britain where we now formulate a | :05:25. | :05:34. | |
Now, in pushing that case, Mr Cameron, the | :05:35. | :05:35. | |
have to convince a disparate and disunited Europe | :05:36. | :05:45. | |
have to convince a disparate and when they will find it so | :05:46. | :05:47. | |
have to convince a disparate and gain consensus. That is the mountain | :05:48. | :05:50. | |
that David Cameron has declined. Thanks, Mark. | :05:51. | :05:57. | |
One thing the Eurosceptic voters do have in common is they do not seem | :05:58. | :06:01. | |
to like the EU as it is. What are the chances of reform? Chris Cook | :06:02. | :06:13. | |
reports. Where should the EU go next? The | :06:14. | :06:18. | |
weekend's European Parliament election results may be focusing | :06:19. | :06:23. | |
some minds. Eurosceptics did very well. Ministers now have | :06:24. | :06:28. | |
some minds. Eurosceptics did very big post-election decision. Who | :06:29. | :06:28. | |
should lead the Commission, the executive of the | :06:29. | :06:35. | |
EU? But what chance is there David Cameron getting his way, pushing | :06:36. | :06:39. | |
through his plans for reform and renegotiation? We need an approach | :06:40. | :06:44. | |
that recognises that Europe should concentrate on what matters, and | :06:45. | :06:49. | |
growth and jobs and not try to do so much. We need an approach that | :06:50. | :06:50. | |
recognises that much. We need an approach that | :06:51. | :06:54. | |
big, too much. We need an approach that | :06:55. | :06:58. | |
David Cameron is keen to block the favourite to be European Commission | :06:59. | :07:03. | |
President, this man, Jean-Claude Junker. But is because Britain -- | :07:04. | :07:11. | |
David Cameron wants to be negotiate Britain's terms. On one hand David | :07:12. | :07:16. | |
Cameron wants to see a European union which does less, a slimmed | :07:17. | :07:23. | |
down European Union. On the other hand, you have shone Claude Junker, | :07:24. | :07:27. | |
the frontrunner for European Commission president who wants to | :07:28. | :07:32. | |
see more centralisation and more Brussels. Reform of any kind will be | :07:33. | :07:37. | |
tough. There is not a consensus of what Europe should be. An EU poll | :07:38. | :07:42. | |
from last year found that while more than 70% of people in Luxembourg, | :07:43. | :07:47. | |
Malta and Germany consider themselves to be EU citizens, the | :07:48. | :07:52. | |
equivalent number was only 40% in Greece and the UK. There is also | :07:53. | :07:56. | |
great variation in what people worry about. I think there are 28 kinds of | :07:57. | :08:01. | |
unhappiness and that is what these elections tell us. There are groups | :08:02. | :08:07. | |
of the unhappy. There is British and Danish unhappiness, North European | :08:08. | :08:11. | |
liberals outside the euro zone. There are the Germans who are | :08:12. | :08:15. | |
unhappy because they feel they have to pay for these profligate | :08:16. | :08:20. | |
southerners. And most of all, there are the debtor countries in the euro | :08:21. | :08:25. | |
zone who feel unhappy because of these austerity policies imposed on | :08:26. | :08:32. | |
them. That number is borne out by the polls. The number of citizens | :08:33. | :08:42. | |
who are pro EU has fallen. This has strengthened the case for reform in | :08:43. | :08:47. | |
the EU. They do not strengthen the case for Cameron's renegotiation. | :08:48. | :08:51. | |
Everyone now sees we have to inform the EU to make it deliver better, | :08:52. | :08:56. | |
deliver jobs, deliver more economic growth, meet these discontents, | :08:57. | :09:00. | |
across the whole European continent. Renegotiate not -- | :09:01. | :09:07. | |
renegotiation on your hand, means delivering specific shopping list | :09:08. | :09:11. | |
for Britain for Cameron's backbenchers and UKIP voters. The | :09:12. | :09:19. | |
sooner we leave, the better. But more Eurosceptics in the European | :09:20. | :09:22. | |
Parliament might actually strengthen Cameron's hand. These elections | :09:23. | :09:28. | |
which have seen a record number of anti-EU parties will I think serve | :09:29. | :09:38. | |
as a wake-up call. If we do not go for reform, eventually, voters might | :09:39. | :09:43. | |
throw the baby out with the bath water and go for the anti-EU | :09:44. | :09:49. | |
parties. If it is not Cameron, it is the pen and that is a strong | :09:50. | :09:56. | |
argument. Keep an eye out on who the new European Commission president | :09:57. | :10:01. | |
is. It is a first hint about whether the EU is going to he'd David | :10:02. | :10:09. | |
Cameron's call for reform. Joining me now is Sir Malcolm | :10:10. | :10:11. | |
Rifkind, the former Foreign Secretary and from Brussels Ska | :10:12. | :10:15. | |
Keller, the leader of the Greens in the European Parliament and | :10:16. | :10:17. | |
candidate for European Commission president. | :10:18. | :10:26. | |
Let me start with you, Sir Malcolm. Do you think these elections | :10:27. | :10:30. | |
strengthen or weaken David Cameron's negotiations issue? In the | :10:31. | :10:34. | |
short term it is quite a blow to have Nigel Farage do so well. But | :10:35. | :10:39. | |
the more I think about it, in a curious way, it may make his job | :10:40. | :10:44. | |
easier. The single most important thing I have heard in the last 24 | :10:45. | :10:49. | |
hours has been for President Hollande of France. His reaction was | :10:50. | :10:53. | |
the European Union will have to withdraw from certain things it | :10:54. | :10:57. | |
needn't be doing in the first place. Today, he repeated that. If he is | :10:58. | :11:02. | |
serious, if France now believes that has to be less involvement in the | :11:03. | :11:08. | |
European Union in matters which are not crucial, that are done uniformly | :11:09. | :11:14. | |
throughout Europe, that a huge ally for the United Kingdom. We know that | :11:15. | :11:20. | |
Angela Merkel is very anxious that the United Kingdom should be | :11:21. | :11:24. | |
accommodated in some way. I do not want to overdo it but that has to be | :11:25. | :11:29. | |
a serious possibility that for different reasons, the three major | :11:30. | :11:32. | |
countries recognise the need for some change. It is a problem because | :11:33. | :11:38. | |
we do not know what David Cameron is after. It would be quite foolish for | :11:39. | :11:44. | |
him to spell that out at the moment. The negotiation cannot begin and be | :11:45. | :11:47. | |
completed by our general election. You cannot start a negotiation when | :11:48. | :11:52. | |
the people you are negotiating with no it is not certain you will even | :11:53. | :11:57. | |
be in government a year from now. There is nothing to stop you doing | :11:58. | :12:02. | |
that. This is an international negotiation. It is not an internal | :12:03. | :12:07. | |
British matter. If you were to succeed, neither Britain nor any | :12:08. | :12:11. | |
other country will reveal its bottom line prematurely. That is not the | :12:12. | :12:15. | |
way you conduct an international mugger station. I am not asking you | :12:16. | :12:23. | |
to tell us, but do you know what he is likely to try? I can guess. The | :12:24. | :12:31. | |
crucial point is what my Conservative colleagues have to | :12:32. | :12:35. | |
recognise, or indeed anyone who supports a renegotiation, is any | :12:36. | :12:39. | |
negotiation at the end of the day involves compromise. The most | :12:40. | :12:41. | |
successful negotiation does not mean one side gets 100% and everyone else | :12:42. | :12:47. | |
gets nothing. The key will be to identify things that make a real | :12:48. | :12:50. | |
difference to the United Kingdom, like getting rid of the working time | :12:51. | :12:55. | |
directive, protecting London as a European financial centre, and a | :12:56. | :12:58. | |
range of issues of that kind which will benefit the United Kingdom | :12:59. | :13:02. | |
without other countries that have to agree to that having to explain to | :13:03. | :13:06. | |
their electors why some real harm has been done to their interests. It | :13:07. | :13:11. | |
can be done but it requires deft diplomatic skills. | :13:12. | :13:16. | |
Cigar Keller, these election results are pretty wholesale repudiation of | :13:17. | :13:19. | |
your idea of your -- we have had a great success. When | :13:20. | :13:33. | |
you look at the Tories, they have not had a great success. Cameron is | :13:34. | :13:39. | |
not at all clear of what he means with reform. You cannot say reform | :13:40. | :13:46. | |
this, reform that. You have to be clear what should be reformed in | :13:47. | :13:51. | |
which way because these elections, like all elections, you have to pick | :13:52. | :14:00. | |
your cards on the top of the table. Top of the pile in the UK's UKIP and | :14:01. | :14:11. | |
in France it is Front National. We've seen Euro-sceptic countries | :14:12. | :14:14. | |
also in the Netherlands. Euro-sceptic parties are not the | :14:15. | :14:19. | |
only ones who've been winning in some countries, even though | :14:20. | :14:21. | |
unfortunately not everybody seems to have noticed that there is a broad | :14:22. | :14:27. | |
array and rage of parties. We've seen very different election | :14:28. | :14:30. | |
results. The Greens have been doing very well. That's for a reason. We | :14:31. | :14:36. | |
are obviously advocating for reform but we say what sort of reform we | :14:37. | :14:43. | |
want, what sort of Europe we want, what jobs we are aiming for, where | :14:44. | :14:48. | |
to put more investments in green energy, things that have benefitted | :14:49. | :14:54. | |
the UK and would benefit the UK even more if it were to be done. We are | :14:55. | :14:58. | |
not just coming empty slogans. But isn't it the case that in these | :14:59. | :15:01. | |
circumstances it would be a brave man or woman who would say the | :15:02. | :15:06. | |
chances of a renegotiation of the relationship between member states | :15:07. | :15:12. | |
are higher now? Isn't it much more likely that the European Union will | :15:13. | :15:16. | |
say what we have we hold and we'll stay where we are for now, thank you | :15:17. | :15:23. | |
very much? We have a European Parliament with different political | :15:24. | :15:26. | |
parties. They have had all their chances in the campaign to say which | :15:27. | :15:31. | |
Europe they want and to campaign for their ideas. I do think we still | :15:32. | :15:35. | |
have plurality in this Parliament, that's good, but if you want to say | :15:36. | :15:40. | |
you want to renegotiate a contract you have to say which direction it | :15:41. | :15:44. | |
should go and make that clear. We can only negotiate if it is clear | :15:45. | :15:49. | |
what each side wants. Sir Malcolm Rifkind, you are going to need to | :15:50. | :15:52. | |
give people in this country, in order to head off what's clearly a | :15:53. | :15:58. | |
big upswell of opinion, a pretty clear idea of the direction of | :15:59. | :16:04. | |
travel at least. Absolutely right. The fundamental objective, and it is | :16:05. | :16:07. | |
not just the United Kingdom but Sweden, Denmark, the Dutch have | :16:08. | :16:12. | |
themselves said the days of ever closer union are behind us. It looks | :16:13. | :16:16. | |
as though it may be France as well. We are talking of a sizeable bloc, | :16:17. | :16:22. | |
including two of the three largest countries in the European Union | :16:23. | :16:26. | |
talking the language of reform. That means a crucial necessity of showing | :16:27. | :16:29. | |
that the European Union is only about doing the things jointly which | :16:30. | :16:34. | |
have to be done jointly. Each member state is a democratic country. There | :16:35. | :16:39. | |
is no need for the kind of interference in a whole range of | :16:40. | :16:43. | |
social policy, employment policy, economic policy that can better be | :16:44. | :16:46. | |
done by national Governments directly answerable to their own | :16:47. | :16:50. | |
electorate. Sir Malcolm Rifkind and Ska Keller, thank you both. | :16:51. | :16:55. | |
Has there ever been a time when capitalism hasn't been said by | :16:56. | :16:59. | |
someone or other to be in crisis? But now it's not just Marxists | :17:00. | :17:01. | |
predicting its inevitable collapse, but ardent capitalists themselves | :17:02. | :17:04. | |
worrying about whether there might be some other way of running the | :17:05. | :17:08. | |
thing. Today, a constellation of big-heads - Bill Clinton, Christine | :17:09. | :17:11. | |
Largarde of the IMF, even Prince Charles - wrung their hands and gave | :17:12. | :17:15. | |
us the benefit of their ideas on something called inclusive | :17:16. | :17:18. | |
capitalism, which they hope may be a way of arresting what seems to be a | :17:19. | :17:21. | |
constantly widening gap between rich and poor. The Governor of the Bank | :17:22. | :17:30. | |
of England was there too, warning tonight of the dangers of what he | :17:31. | :17:33. | |
called "unchecked market fundamentalism". Here's Katie | :17:34. | :17:35. | |
Razzall. Has capitalism ever been less | :17:36. | :18:04. | |
popular, as discontent spreads, financial crisis and a rise in | :18:05. | :18:06. | |
inequality have been grist financial crisis and a rise in | :18:07. | :18:09. | |
mill for those who argue that the free market as we know it has had | :18:10. | :18:14. | |
its day. This kind of social unrest in part | :18:15. | :18:19. | |
explains the inclusive capitalism conference in London today. Bill | :18:20. | :18:24. | |
Clinton, Prince Charles, the Bank of England Governor and the head of the | :18:25. | :18:27. | |
IMF all talking about why capitalism needs to be renewed. Their audience | :18:28. | :18:34. | |
- investors who hold a third of the world's assets, $30 trillion worth. | :18:35. | :18:38. | |
The numbers are striking. If you take the 85 wealthiest people in the | :18:39. | :18:43. | |
world, they can all fit in a double-decker bus, right? They have | :18:44. | :18:47. | |
more amongst themselves than half the population of the world. The | :18:48. | :18:52. | |
poorest half of course. But that's 3. 5 billion people. Not that those | :18:53. | :18:58. | |
85 people would ever likely travel by double-decker bus, but in the | :18:59. | :19:02. | |
City of London today capitalism was under scrutiny by the capitalists. | :19:03. | :19:06. | |
People have fought for years to define it for their political ends. | :19:07. | :19:09. | |
On paper, this definition of an economic system which uses wealth to | :19:10. | :19:14. | |
produce goods sounds fairly anodyne, but when trust is lost, it is a | :19:15. | :19:18. | |
wake-up call, as the conference heard today. Bank bail-outs, | :19:19. | :19:23. | |
unemployment and recession have all contributed to a sense of them and | :19:24. | :19:26. | |
us. British politicians have tried to tap in to the popular belief that | :19:27. | :19:31. | |
capitalism needs rewiring. I call for a new popular capitalism. Are | :19:32. | :19:36. | |
you on the side of the wealth creators or the estate strippers? | :19:37. | :19:42. | |
The producers or the predators? Not everyone accepts premise of today's | :19:43. | :19:47. | |
conference - that capitalism needs some work. You create the sense that | :19:48. | :19:51. | |
where the wealth have gone wrong recently it is something to do with | :19:52. | :19:54. | |
the economic system. I don't believe capitalism has broken down. I think | :19:55. | :19:58. | |
these things are driven by some of the events of the financial crisis | :19:59. | :20:02. | |
and what's happened since. By and large those can be characterised of | :20:03. | :20:08. | |
failures of regulation not market processes. But making capitalism | :20:09. | :20:13. | |
more inclusive was the agenda, taking in as opposed to excluding or | :20:14. | :20:19. | |
leaving out. I was only too pleased to go over and arrange for him to | :20:20. | :20:24. | |
open his first account. The world's moved on since the days of the | :20:25. | :20:27. | |
trusty bank manager who knew your name. But the excesses of the | :20:28. | :20:33. | |
banking industry were under fire today. Reforms have been too slow, | :20:34. | :20:39. | |
said Christine Lagarde, in part because the sector has fought them. | :20:40. | :20:45. | |
Within the last few hours Mark Carney gave his critique of | :20:46. | :20:50. | |
capitalism. After he said his number one priority is addressing the issue | :20:51. | :20:54. | |
of banks that are too big to fail. Six years after Lehman Brothers we | :20:55. | :20:58. | |
are still talking about it. It is not that it is low on the priority | :20:59. | :21:02. | |
list. It is that at the top of the priority list and authorities are | :21:03. | :21:07. | |
truly working to ensure, as much as possible, that that has happened. So | :21:08. | :21:12. | |
why are the bank Governor and some of the world's biggests so | :21:13. | :21:17. | |
interested in inclusive capitalism? Perhaps because they know that | :21:18. | :21:21. | |
inequality can lead to instability, anathema to capitalism. And the last | :21:22. | :21:24. | |
thing they want is another banking crash. | :21:25. | :21:28. | |
Joining me now are Sir Charlie Mayfield, chairman of the John Lewis | :21:29. | :21:31. | |
Partnership, and Zanny Minton Beddoes, economics editor of The | :21:32. | :21:38. | |
Economist. Is this way of conducting capital inch, do you think, | :21:39. | :21:43. | |
sustainable? Which way of capitalism? The non-inclusive? I | :21:44. | :21:49. | |
think by definition not. I don't think it's in crisis. There wasn't a | :21:50. | :21:54. | |
sense of immediate crisis at this gathering today, a huge gathering of | :21:55. | :22:02. | |
some $30 trillion... There were loads of wealthy people there. There | :22:03. | :22:06. | |
were. I think a powerful one is that it is no long they are the rising | :22:07. | :22:11. | |
tide is raising all boats. The rise in inequality means that people at | :22:12. | :22:14. | |
the top are doing incredibly well and lots of people further down are | :22:15. | :22:17. | |
not. To the the traditional idea that when an economy grew and there | :22:18. | :22:22. | |
was growth, that no longer is so much the case. But capitalism, | :22:23. | :22:27. | |
hasn't it Sir Charlie Mayfield, always depended on inequality? So | :22:28. | :22:33. | |
there was a recognition today that capital capitalism doesn't mean | :22:34. | :22:36. | |
equality. That some inequality is inevitable. And indeed necessary. | :22:37. | :22:41. | |
But there can also be a point you reach when it is excessive and the | :22:42. | :22:45. | |
point that was made repeatedly today is a lot of people are feeling that | :22:46. | :22:53. | |
it has got no a stage where income and equality has reached levels that | :22:54. | :22:57. | |
are concerning. I do think that's a worry. Another feature is that | :22:58. | :23:01. | |
technology is changing the way the job market is working. On the one | :23:02. | :23:05. | |
hand there are some people doing very well as a result of technology. | :23:06. | :23:09. | |
They are able to do a lot more than before and be paid more for it. But | :23:10. | :23:13. | |
there are middle order jobs that used to be good paying jobs which | :23:14. | :23:17. | |
have been replaced by technology. The risk is we are seeing a | :23:18. | :23:21. | |
workplace that's changing shape. People talk about the hollowing out | :23:22. | :23:25. | |
of the workplace. Those two things together I think create a situation | :23:26. | :23:29. | |
which is worrying. And needs to be addressed. And they are related. One | :23:30. | :23:35. | |
of the reasons that the inequality is widening is because of the change | :23:36. | :23:39. | |
in technology, which is rewarding people with the skills to useta | :23:40. | :23:44. | |
technology. The mid-skilled level jobs are being automated away. I | :23:45. | :23:50. | |
think the challenge is, how do you equip people with the skills that | :23:51. | :23:54. | |
they need to rots per in this fast-changing environment? That's | :23:55. | :23:59. | |
where Sir Charlie is doing lots of interesting stuff. Do you think | :24:00. | :24:03. | |
about education, do you think about training? Can waffle about | :24:04. | :24:08. | |
inclusiveness but there are concrete issues to be addressed. There is a | :24:09. | :24:13. | |
lot of waffle. What would inclusive capitalism look like in a way that | :24:14. | :24:16. | |
we can recognise as different. My definition is that the rising tide, | :24:17. | :24:24. | |
that prosperity raises all boats. It doesn't mean absolutely equality, | :24:25. | :24:28. | |
you need some inequality, but workers gaining as well as | :24:29. | :24:33. | |
shareholders, and everyone is improving somewhat. What is the John | :24:34. | :24:37. | |
Lewis mod Snell That's different to a lot of other businesses in a sense | :24:38. | :24:42. | |
that we are owner by people in the business. So you don't have | :24:43. | :24:45. | |
shareholders? We have shareholders but they work in the business. | :24:46. | :24:49. | |
90,000 people in the business own the company. The interesting thing | :24:50. | :24:52. | |
about the partnership is it was founded less than 100 years ago, but | :24:53. | :24:57. | |
as a response to perceived inequality of capitalism. | :24:58. | :25:01. | |
Essentially it was saying let's have labour employing capital rather than | :25:02. | :25:04. | |
the other way around. But that isn't a model you can apply everywhere is | :25:05. | :25:11. | |
it? No, I do think there is an opportunity for employee ownership, | :25:12. | :25:14. | |
and perhaps more than that for different forms of ownership to play | :25:15. | :25:18. | |
a bigger part in our economy. We've become very focused on the PLC, | :25:19. | :25:23. | |
which will always be I'm sure the predominant form, but not the only | :25:24. | :25:28. | |
one. The way it has worked in most market economies like ours in the | :25:29. | :25:32. | |
past has been that business does what it does, and Government does | :25:33. | :25:38. | |
what it can to aten wait some of the consequences of these disparities. | :25:39. | :25:44. | |
And there was a long term view that business is business and government | :25:45. | :25:47. | |
is government. To a degree that's right. A lot of what's going on now | :25:48. | :25:51. | |
is thinking about what should government be doing differently? It | :25:52. | :25:53. | |
is not government be doing differently? It | :25:54. | :25:57. | |
government is better, far from it. And what should business be doing | :25:58. | :26:03. | |
differently? This advir tore, if you wanted a concrete definition of | :26:04. | :26:08. | |
inclusive capitalism, he called it CEO, the conduct of business, | :26:09. | :26:10. | |
education and training and ownership. I think education and | :26:11. | :26:16. | |
training is central. We've got this unbelievably faction-changing world. | :26:17. | :26:19. | |
It is changing as dramatically as it was in the first Industrial | :26:20. | :26:22. | |
Revolution. And yet we have no radical change do our education | :26:23. | :26:26. | |
system. We haven't radically rethought training. We have a | :26:27. | :26:33. | |
generation of skills that they need to succeed. What would you like | :26:34. | :26:39. | |
Government to do? First of all, we should acknowledge from today is | :26:40. | :26:42. | |
that was business people coming together. There were no serving | :26:43. | :26:48. | |
politician there is at all. That's a recognition by business people that | :26:49. | :26:51. | |
business needs to play a bigger part. What I would like to see from | :26:52. | :26:56. | |
Government is on the one hand in principle the Government can play a | :26:57. | :27:01. | |
bigger role of acting as convenor. There are ways it can engage with | :27:02. | :27:06. | |
business people and others to solve these big challenges. An example of | :27:07. | :27:12. | |
that would be education. You've seen over the last ten or 15 years most | :27:13. | :27:16. | |
successful businesses have completely re-engineered the way | :27:17. | :27:20. | |
they operate. You are seeing now that working lifetimes are going to | :27:21. | :27:25. | |
be at least 20% longer and the innovation cycle is turn turning | :27:26. | :27:31. | |
longer than than before. And yet we still take the view that education | :27:32. | :27:39. | |
takes place between 5 and 21. I want a greater Porosity between the world | :27:40. | :27:43. | |
of business and education. There are lots of opportunities for that to | :27:44. | :27:46. | |
happen at lots of different levels. Thank you both very much indeed. | :27:47. | :27:51. | |
The hundreds of girls kidnapped in Nigeria are no closer to rescue | :27:52. | :27:54. | |
tonight. The Nigerian Army claimed this morning it knew where they are, | :27:55. | :27:58. | |
and just wasn't recovering them because of the risk a liberation | :27:59. | :28:02. | |
mission would pose to them. But tonight the BBC has discovered this | :28:03. | :28:06. | |
may be a long way from the truth. Boko Haram, the organisation which | :28:07. | :28:09. | |
wants to impose a medieval Islamic caliphate in Nigeria and which | :28:10. | :28:12. | |
seized them, meanwhile continues its murderous campaign, with more | :28:13. | :28:19. | |
attacks today. A body count by the Reuters news agency reckons that | :28:20. | :28:22. | |
almost 500 people have been killed since the girls were abducted. The | :28:23. | :28:27. | |
BBC's security correspondent, Frank Gardner, is here. Do they have any | :28:28. | :28:35. | |
idea where these girls are? Only very roughly, Jeremy. Everybody I've | :28:36. | :28:40. | |
spoken to says they don't have the precise location. Let's look at the | :28:41. | :28:47. | |
map. There's Nigeria, there's Abuja the capital, the girls were taken | :28:48. | :28:51. | |
from Chibok in the north-east corner. They've been taken it is | :28:52. | :28:57. | |
believed to the north of there to a forest. That's an area twice the | :28:58. | :29:02. | |
size of Rwanda, 16 times size of London. So saying they know where | :29:03. | :29:06. | |
the girls are is a bit of a moveable fierce. They've been sending drones | :29:07. | :29:11. | |
over, satellite planes and spy planes. The girls have been split up | :29:12. | :29:17. | |
into groups. Some are being held under ground in caves. A hostage | :29:18. | :29:21. | |
rescue would be suicidal and result in a blood bath, which is why the | :29:22. | :29:25. | |
Nigerian military is saying, rightly, that's not on the cards for | :29:26. | :29:36. | |
now. Have there been any attempts that negotiations? You have the | :29:37. | :29:41. | |
president, Goodluck Jonathan saying we are not going to accede to their | :29:42. | :29:47. | |
demands, but we have heard they came very close to deal which got | :29:48. | :29:51. | |
scuppered at the last minute that they were going to release 50 of the | :29:52. | :29:57. | |
girls which is a start, in exchange for 100 Boko Haram amp is in is. | :29:58. | :30:03. | |
That got scuppered. We learnt tonight there was a DVD that proves | :30:04. | :30:14. | |
the girls are live. If that is true and there is no way of corroborating | :30:15. | :30:20. | |
it, that is extremely important. The fundamental principles of kidnap and | :30:21. | :30:24. | |
ransom negotiations are, you establish proof of life, are the | :30:25. | :30:28. | |
girls alive and well, and proof of ownership. Are the people you are | :30:29. | :30:32. | |
talking to the people holding them? If you have got that, you have the | :30:33. | :30:37. | |
basis of negotiation. That is the only way the girls will get out of | :30:38. | :30:43. | |
there alive. Thank you. And so to bed. | :30:44. | :30:48. | |
Few artworks have divided opinion as drastically as Tracey Emin's My | :30:49. | :30:54. | |
Bed, made or rather un-made 16 years ago in her Waterloo council flat. Of | :30:55. | :30:59. | |
course, it is just a bed and a grubby one at that. But it also | :31:00. | :31:06. | |
expresses a state of mind and expresses the life of Warman who has | :31:07. | :31:10. | |
made her personal history the stuff of her art. It is a period piece, | :31:11. | :31:15. | |
one of the most celebrated examples of a time when the and font terrible | :31:16. | :31:23. | |
of the Young British artists could scandalised by ideas. Charles | :31:24. | :31:28. | |
Saatchi, who made so much of the art scene, is willing to part with it if | :31:29. | :31:32. | |
you should happen to have a few hundred thousand pounds burning a | :31:33. | :31:36. | |
hole in your pocket. Tracey Emin is here now. It was a good few years | :31:37. | :31:42. | |
ago you made that bed or produced that piece. 16 years ago, a long | :31:43. | :31:49. | |
time. What does it mean to you now? This morning I was installing it. | :31:50. | :31:54. | |
What is shocking is everything from the bed is kept in little tiny | :31:55. | :31:59. | |
plastic bags and it is all out on a chess table and it is like a frenzy | :32:00. | :32:03. | |
lab. As I am opening everything it is half like a crime scene and half | :32:04. | :32:09. | |
like a diary. Nearly everything I am touching is 1 million miles away | :32:10. | :32:13. | |
from me now. It is like a time capsule of my life really. I found | :32:14. | :32:17. | |
it a really sad thing to see that bed. It was a bed occupied by | :32:18. | :32:22. | |
someone, and I think you were unhappy at the time, when two? I was | :32:23. | :32:28. | |
very unhappy but also, that period of my life, was highs and lows. So | :32:29. | :32:36. | |
when you see the bed, how odd that it is preserved, such a mess is | :32:37. | :32:42. | |
preserved so precisely. It is funny. As an artist, when you're young and | :32:43. | :32:47. | |
unknown, there is no way you ever thinking your heart that it will | :32:48. | :32:50. | |
stay around forever or for a long time. And especially something like | :32:51. | :32:56. | |
the bed which is so serial, it is throwaway things, things which | :32:57. | :33:01. | |
should still not be existing. When I first the bed in Japan, this is | :33:02. | :33:04. | |
something most people don't know, the Japanese customs people would | :33:05. | :33:10. | |
not allow it in to Tokyo or the airport. We had to prove that I was | :33:11. | :33:17. | |
an artist, that I was alive, that was the other thing. They wanted to | :33:18. | :33:21. | |
know if I was still alive. I think it was Nixon wrote at the Tate and | :33:22. | :33:25. | |
the British Council had to send letters saying I was a living artist | :33:26. | :33:31. | |
in Britain -- Nick Sirota. Why did they not wanted in? I did not have | :33:32. | :33:37. | |
time for transport and I had all of the stuff around the bed inside the | :33:38. | :33:47. | |
suitcases. All the old condom 's and fag ends? Yes, all in bags but | :33:48. | :33:49. | |
inside the suitcases so they were going to destroy the suitcases. Of | :33:50. | :33:57. | |
course it was a great call celebre, and various people got very hot | :33:58. | :34:00. | |
under the collar screaming this is not art. What did you think when you | :34:01. | :34:06. | |
heard that? I just screamed louder and said, yes it is, it is my art. | :34:07. | :34:11. | |
With being an artist, if you have true conviction about what you're | :34:12. | :34:14. | |
doing and you are doing it for the right reasons, no one can take that | :34:15. | :34:18. | |
away from you. I proved that with the bed, just the testimony of time, | :34:19. | :34:22. | |
the fact that it is still here, it has become more iconic, it is more | :34:23. | :34:27. | |
seminal, it has more presents now than it did then. Then people | :34:28. | :34:31. | |
thought I was a silly young thing doing a shocking piece of art. When | :34:32. | :34:37. | |
you actually see it now, like this morning, I'm not saying you saw my | :34:38. | :34:40. | |
bed this morning or anything like that, or anyone else for that | :34:41. | :34:47. | |
matter! But the bed, it looks very sweet and almost harmless in a way. | :34:48. | :34:53. | |
Now it is definitely middle-aged. It is middle-aged and it needs to be | :34:54. | :34:57. | |
somewhere where it is preserved. Does it remind you of a part of your | :34:58. | :35:02. | |
life which is very distant. Guess, you can say that again. When I was | :35:03. | :35:07. | |
going through that different thing, there are condoms, contraceptive | :35:08. | :35:10. | |
pills, cigarettes, vodka, tiny underwear, all of those things which | :35:11. | :35:15. | |
are to do with being a girl and coming through some kind of | :35:16. | :35:20. | |
transition, going through something, some cathartic state. I | :35:21. | :35:24. | |
do not live like that any more. Now you wear enormous knickers expat | :35:25. | :35:35. | |
this bed is now worth a fortune. Isn't that odd? Some people think it | :35:36. | :35:40. | |
is probably a joke that it is worth that much and some people probably | :35:41. | :35:44. | |
think it is worth more. It depends what our perception of art is, what | :35:45. | :35:49. | |
is important, what our values are. The bed I think is iconic, it is | :35:50. | :35:53. | |
seminal and it did make a splash in art history. I do not know how long | :35:54. | :35:59. | |
for but at the moment it is still there. How much did Charles Saatchi | :36:00. | :36:05. | |
by four? 150,000. Now it is being talked about as going for a million. | :36:06. | :36:11. | |
You will not see any of that increase presumably? No. What you | :36:12. | :36:18. | |
feel? I am quite philosophical about my work being sold on. Charles has | :36:19. | :36:23. | |
looked after it. I know he adored it. If he does sell it, all of that | :36:24. | :36:28. | |
money will be used to buy more art and create an educational programme | :36:29. | :36:32. | |
and I think that is a useful thing. I think that is really positive. I | :36:33. | :36:36. | |
have always had the attitude that if someone buys my art, they might | :36:37. | :36:41. | |
literally only to resell it, but I will always own the idea and the | :36:42. | :36:45. | |
essence of it and it truly is mine. No one can ever take that away from | :36:46. | :36:48. | |
me. That is why I am on the programme tonight talking to you and | :36:49. | :36:53. | |
talking about my bed. Tracey Emin, thank you very much. Thank you. | :36:54. | :36:57. | |
talking about my bed. Tracey Emin, The World Cup begins in just over a | :36:58. | :36:58. | |
fortnight, much to The World Cup begins in just over a | :36:59. | :37:01. | |
various parts of the population of Brazil, who think grotesque amounts | :37:02. | :37:04. | |
have been spent on the preparations. The government sees the competition | :37:05. | :37:08. | |
as a way to celebrate its great economic growth. The flip side of | :37:09. | :37:15. | |
all of that, is all the stories of destruction in the Amazon rainforest | :37:16. | :37:18. | |
and the obliteration of the ways of life of indigenous people living | :37:19. | :37:21. | |
there. As Justin Rowlatt has discovered, this is a problem the | :37:22. | :37:24. | |
government knows it needs to be seen to be tackling. | :37:25. | :37:30. | |
government knows it needs to be seen We are flying over the edge of the | :37:31. | :37:31. | |
Amazon. We are flying over the edge of the | :37:32. | :37:32. | |
spotted an illegal sawmill. The team is led by Officer | :37:33. | :38:01. | |
Gonsalves. This raid is part of huge operation including the Brazilian | :38:02. | :38:05. | |
army, air force and military police. It is a first in the history of | :38:06. | :38:18. | |
Brazil. It is called operation Awa and stopping illegal logging is part | :38:19. | :38:23. | |
of it. The key objective is to save an entire tribe, the Awa. The agents | :38:24. | :38:29. | |
find some incriminating evidence, the account books. Look at this. | :38:30. | :38:36. | |
They have got the total value, 4700 Riaus and there is a fee here, 202 | :38:37. | :38:44. | |
pay the police. This year, Brazil is hosting the World Cup. In 2016, it | :38:45. | :38:50. | |
will stage the Olympics. These events have helped drive a building | :38:51. | :38:54. | |
boom creating a massive demand for timber. They have made the forest | :38:55. | :39:00. | |
reserves of the indigenous people like the Awa, even more attractive | :39:01. | :39:05. | |
to loggers. The offices decided there is only one thing for it. | :39:06. | :39:16. | |
An officer from Brazil's indigenous peoples Department is taking me into | :39:17. | :39:46. | |
the Awa's reserve. The Awa live in the last islands of | :39:47. | :40:01. | |
forest left in this region. They may be near to the edge of the jungle | :40:02. | :40:05. | |
but they are one of the most isolated communities on earth. Many | :40:06. | :40:13. | |
Awa grew up without any outside contact -- contact with the outside | :40:14. | :40:17. | |
world. Many small groups still live completely separately. He says they | :40:18. | :40:24. | |
are in an area now where they know there are uncontacted people. There | :40:25. | :40:33. | |
may be 40 or 50 people here. There is a spider web of tracks in the | :40:34. | :40:38. | |
forest. They know the loggers are here as well. The loggers are | :40:39. | :40:42. | |
rapidly destroying the remaining forest, putting the 350 or so Awa in | :40:43. | :40:48. | |
such peril that they have been described as the most endangered | :40:49. | :40:55. | |
tribe on the planet. I first met the tribe four years ago. Last time I | :40:56. | :41:07. | |
was here, they took me on a hunt. I am not going to dress like that! | :41:08. | :41:12. | |
They are one of the few hunter gatherer tribes left in the Amazon. | :41:13. | :41:17. | |
With so much of the forest gone, the hunt leader wanted to show me how | :41:18. | :41:20. | |
hard it is to find food. I am back to find out how the Awa | :41:21. | :41:37. | |
are getting on. It is amazing to come back. I never thought I would, | :41:38. | :41:47. | |
actually. Hello, I remember you. Do you remember me? We came here | :41:48. | :41:55. | |
before. For years and, if anything, the Awa's plight has only deepened. | :41:56. | :42:00. | |
They tell me these days you can sometimes hear loggers chainsaws | :42:01. | :42:07. | |
from the village. Many of the adults here grew up in uncontacted | :42:08. | :42:12. | |
communities. They say they have been fleeing the loggers ever since they | :42:13. | :42:18. | |
were children and with good reason. This man says loggers have been | :42:19. | :42:21. | |
known to kill indigenous people when they encounter them in the forest. | :42:22. | :42:45. | |
Not only do loggers destroy habitats, they open up the forest | :42:46. | :42:50. | |
with tracks bringing in settlers who clear the land. That is why this | :42:51. | :42:58. | |
operation has to be on such a large scale. | :42:59. | :43:08. | |
They have to evict the 400 farming families who illegally occupy the | :43:09. | :43:21. | |
Awa's land. All of these people will be moved out of the town and they | :43:22. | :43:25. | |
have come here to ask how their preparations are going, whether they | :43:26. | :43:29. | |
need help with transport, and the idea is these guys will be given | :43:30. | :43:33. | |
another plot of land somewhere else in Brazil where they can farm. Some | :43:34. | :43:40. | |
families have been here for 18 years. Naturally, they are sad to | :43:41. | :43:41. | |
leave. | :43:42. | :43:44. |