Transcripts For DW Business 20240714 : vimarsana.com

DW Business July 14, 2024

Deductions experts warned that firms with bad scores could be hit with sanctions or even lose their licenses. Its a completely new system unique around the world everything related to the company exists in a single system which produces a single score we fundamentally support this system its a positive thing to clean up things in china but there are uncertainties and one of them is that its difficult to see how the scores calculated. Its a system that still remains opaque to most businesses according to the German Chamber of commerce 7 out of 10 german firms dont know what the new social Credit System will mean for them. From nottingham the director of the university of londons s o a s china institutes the joins us save whats fading actually looking for when surveilling these businesses. Well what beijing isnt looking for is on the one hand and a very high degree of Corporate Social Responsibility being discharged by western companies and on the other hand it require him and that is western companies also fulfill their obligations to the Chinese Government to the communist party so that in the retina and done by the party will not be crossed by any of these western companies. The 1st point sounds quite quite good i dont know about the 2nd point and what about these workers who have to be monitored said their entire working day. Chinese people are already being subjected to the general application of the social Credit System so the at the the social Credit System which 2 companies western companies who are not necessarily very good chinese employees of those companies very much but it may well in fact affect the management of those companies because they not put that requirement to tickle what happens to companies when they dont score well. Well if a company it does not score well it will be punished it may mean for example services being withdrawn access to markets or access to other facilities or much more stringent enforcement of rules and regulations to basically if you dont hold in arent as laid down by the party you will suffer the consequences and is there any transparency in the scoring process. Well the Chinese Government. Bureaucracy forcings the rules who will know what to do it will be much more difficult for the companies to know exactly what those means they will know to general guidelines the general principle of what they recognise are but fully understanding the actual meanings of. This will sometimes change will be a lot more difficult for western companies to understand saying thanks very much for your analysis. U. S. President donald trump wants to make america a safer place by banning wild way from building its next generation High Speed Internet Networks the chinese tech giant is the leader in its field there is only a handful of alternatives. As mobile providers repaired to roll out 5 g. Across the United States the u. S. Government says its protecting americans thats why its keeping tight controls on which Technology Firms are involved in setting up the networks. The lucky trio deemed fit for the job as Swedens Ericsson which announced earlier this year it plans to build what it calls a 5 g. Factory in the us villains nakia which is already providing technology for networks in l. A. And new york city and samsung headquartered in 5 g. Trailblazer south korea so why limit their options the u. S. Governments bureau of economic and Business Affairs has been explaining its very important that we have trust in those vendors for 500. 00 technologies when indicator of trust that were very concerned about is that a vendor not be under the control of a Foreign Government without appropriate judicial controls and its not difficult to know which Foreign Government he specifically referring to you know with regard to china we know that their National Intelligence law has that feature of them being able to mandate that vendors like our way in c. T. E. Comply with mandates of their intelligence or Security Services without an independent judicial review which does us does cause us serious cause of concern. The u. S. Has called on its allies to also bar the likes of way from involvement in their 5 g. Networks has caused tensions with the likes of germany which is keeping its options open. Its 400 years since the 1st record of african slaves arriving in north america the book trade helped build the world economy. The good the mighty us of a have managed to become number one without it hes at a farm in North Carolina. Machines make the work for farmers like fred burton much easier back in the days of ancestors sarver had to do it physically supported by a lot maybe the very light 700 for early 18 hundreds were 1st in biology we had. A slice here and one of them was family that was brought down from virginia but knew that the barker industry so that benefited us with a debacle right for a number of years the bird farm has been in the families in 754 years fred son john is now the 9th generation to run the farm the tobacco days are over these days the bird specialized in hay capital and horse sporting. Credit braces the history of the farm openly he still has some objects made by one of the slaves were proud to have a mile. Agriculture it was not the only field of commerce that benefited from slavery. Back in the days there were american banks that used to accept slaves as a form of payment and Insurance Companies made their profit by specializing in slave policies even some universities were founded by people who made their fortune through employing slaves. 400 years ago the 1st slave ships iraq to be genuine marking the beginning of slave trade and labor in the United States ultimately the capital stored in slaves exceeded the combined value of the nations railroads and factories which lead some historians to argue that slavery was indispensable for the development of the American Economy at the time. One of them is dr William Starkey he does research about race in the south at the university of North Carolina at chapel hill very clearly there are some roots of American Economic wealth that definitely originated on the plantation and through the institution of slavery but also slavery was actually really innovative to the american capitalist system in terms of developing Financial Networks in terms of Accounting Practices Scientific Management to increase worker productivity a lot of those things are rooted in the system of enslavement back at the farm fred byrd is torn about the issue i wish it had never happened. I think a lot of faith would been much better everywhere had that not happened but never on the sly and none of the black people who live around here and i were ever of why not i may have had ancestors. That were why but thats 150 years in the past. No matter how far in the past the traces of enslavement will forever remain a part of the american history. Lets pick up on some of the points where you started made in not reporting for joining us so a lot of german corporations were built on slavery too but whats new about the debate in the u. S. Well i think whats really new is the recession of 22000 a really sparked a lot of people to look more deeply at the origins of american capitalism and its this story that we tell ourselves in this country about how wonderful American Innovation was at the turn of the century and that slavery was not just really a part of that and so a lot of historians of the past decade or so are going back and looking at some of the earlier connections to the emergence of american capitalism and the group of american wealth and you mentioned that it was very innovative to capitalism have sort of well you know a lot of people see capitalism and slavery as being 2 Different Things slavery being the sort of Old Fashioned old rule regional system but slave owners actually measured the enslaved workers productivity in pretty specific way different letters that they would use there or even publications that you could buy or you could plug in the you know bales of cotton pick per day so that you could do x. Acts in slave person of a certain age or gender do they pick so many bales of cotton for the next day or so they did was what a productivity. Measuring worker productivity something that basically i dont know what set up the working week for us and is that why we slave away today behind our desks 955 days away well im cautious not to use that word its a very different system but i dont think its all that closely connected but some of the early forms of Scientific Management of productivity we do see some early connections to the history of american slavery sure. What about looking looking for what i mean its important to remember these things and make sure kids learn about these things as well looking forward though can can you tell anything. Give us any insight. Well one of the important things that were struggling with here in this country is the role that africanamericans and other minorities play in that we have this earth that great white men built the country but they often did so with the help of many able bodied people who just simply didnt have the same opportunities that they did for you so i thank you very much for coming on the show. Nice to visit. The body. The body. The body. The be. The be. The be. Sure of. What unites. The defiance. The books the crushing. What binds the content to her observers and stories of plunging the be. Going on the bottom in on w. S. What keeps us in shape what makes us see and how do we stand up. My name is dr carson because i talk to medical experts. And i discuss what you can do to improve your health. Stay tuned and lets all try to stay in. Touch w. Im not thinking that. I just sometimes out but most of the things which are the result of infix deep into the german culture of looking at the stereotype the question that is think the future of the country that i now know the time. Needed so you can take from this grandmother. You know its all about. My my show join me to meet the gentleman from d. W. Post. And im going to go to new w. From the bottom of his personal device and its about topics that affect social Water Pollution Climate Change and the maternal end. Goal of reducing the shutdown. Load play play. This is d w news live from berlin a green light for italys new governing coalition Prime Minister gets a mandate to form a new government may. Of the 5 Star Movement and the Democratic Party he says he hopes to lead the country out of its political instability as soon as possible but how stable will his government be. The leader of scotlands conservatives resigned citing her concerns said her decision comes as Prime Minister faces a backlash for suspending parliament ahead of the deadline

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