Your retirement plan, if you're even lucky enough to have one, is a gamble. Fees, self-dealing, kickbacks, deregulation and/or no regulation at all brings great profits to the financial system, while imperiling the future of individuals who provide 100% of the funds, take 100% of the risks, but only get 30% of the returns. Even the privileged Baby Boomer generation now faces uncertainties, to say nothing of those who come after and face an even more staggering wealth inequality. The paternalistic "American dream" of the 1950s has long been over. Now, thanks to decades of neoliberalism, with a financial system geared towards short term profits and externalising risks and costs, the retirement fund industry is a ten trillion dollar industry, protected by obfuscation and complexity. The Retirement Gamble offers a window into this racket, raising just some of the troubling questions about how this supposed system claims to "work for everyone" when it does nothing of the sort, by design.
Obey is a video essay based on the book "Death of the Liberal Class" by author and journalist Chris Hedges. The film charts the rise of corporatocracy and examines the trending possible futures of obedience in a world of unfettered capitalism, globalisation, staggering inequality and environmental crisis -- posing the question, do we resist or obey?
Over the past three decades, obesity rates in the United States have more than doubled for children and tripled for adolescents, and a startling 70% of adults are now obese or overweight. The result has been a widening epidemic of obesity-related health problems. But while discussions about this crisis tend to focus solely on the need for individual responsibility and more exercise, Feeding Frenzy turns its focus squarely on the responsibility of the processed food industry and the outmoded government policies it benefits from. It lays bare how government subsidies designed to feed the hungry during the Great Depression have enabled the food industry to flood the market with a rising tide of cheap, addictive, high calorie food products, and offers an engrossing look at the tactics of the multi billion-dollar advertising industry that makes sure that everyone keeps consuming.
With a lens of torturous mechanistic science, as well as the commercial perspective from farmers and commodity bee-keepers alike, More Than Honey is a film about the insanity of industrial agriculture and the consequential collapse of honeybee populations throughout the world. By looking through some of the industrial operations in California, Switzerland, China and Australia, More Than Honey is a visual exploration of colony collapse, drawing attention to the many symbiotic relationships that go unrecognised and uncared for by industrial operations and commercial food practices. If bees are so important to the health of so many other species of animals and plants and foods, how can we stand by and allow them to be killed?
Exploring the collusion between the richest people in the United States and the figureheads of political power in government, this film focuses on Park Avenue in New York which is currently the home to the highest concentration of billionaires in the United States. Across the river in Manhattan, less than five miles away, Park Avenue runs through the South Bronx which is home to the countries' poorest. The disparity of wealth has never been so stark and has accelerated extraordinarily over the last 40 years. As of 2010, 400 people controlled more wealth than the bottom 50 percent of the population—150 million people—as well as seizing political power. Park Avenue travels through this to illustrate why the concept of so-called "upward mobility" is a myth perpetuated by the rich, and also to unpack the workings of plutocracy and capitalism—the current-day rule by the rich, and the implications of this collusion of power and control.
The 2008 'financial crisis' was a systemic fraud in which wealthy finance capitalists stole trillions of public dollars all over the world. No one was jailed for this massive crime, the largest theft of public money in history. Instead, the rich forced working people across the globe to pay for their 'crisis' through punitive austerity programs that gutted public services and repealed workers' rights. Capitalism Is The Crisis shows and explains this fundamental functioning of the global economy, while visiting protests from around the world against it, revealing revolutionary paths for the future. Special attention is devoted to the current situation in Greece, the 2010 G20 Summit protest in Toronto Canada, and the remarkable surge of solidarity in Madison, Wisconsin.
"Quants" are the mathematicians, software developers and computer programmers at the centre of the global economy. These are the people who designed the "complex financial products" that caused the financial crisis of 2008. Here they speak openly about their game of huge profits, and how the global economy has become increasingly dependent on mathematical models that quantify commodified human behaviours to the point of insanity. But things don't stop there. Through the convergence of economy and technology, the Quants have now brought this model into the world of the machines, where trades are done at the speed of light, far from the realm of human experience. The machines are in charge. Some Quants are even now worried. What are the risks of this complex machine? Will the Quants be able to keep control of this financial system, or have they created a monster?
For more than three decades, transnational corporations have been busy buying up what used to be thought of and known as unbuyable--forests, oceans, public broadcast airwaves, important intellectual and cultural works. Before their commodification, these commons were recognised as things in common to all people, for the benefit of all people. In This Land is Our Land, author David Bollier confronts the free-market extremism of our age to show how commercial interests have been undermining the public interest for years, and how it's become so normalised that we don't even notice it anymore. By revealing the commons within the tradition of community engagement and the free exchange of ideas and information, This Land is Our Land shows how a bold new international movement is trying to reclaim the commons for the public good by modelling practical alternatives to the restrictive monopoly powers of corporate elites.
2009, pornography has grown into a $10 billion business, and some of the world's most-known corporations are silently sharing in the profits. Companies like Time Warner, Marriott, and Vodaphone earn huge amounts of revenue by piping pornography into homes and hotel rooms, but you won't see anything about it in their company reports. Even the Catholic Church invests in companies that distribute pornography, along with pension funds that earn huge profits from investing in ventures that relate to porn. Hardcore Profits is a two part television series that explores how in the 21st century, pornography has never been more profitable, nor more pervasive.
Sweet Crude is the story of how large oil corporations such as Shell and Chevron have absolutely decimated the Niger Delta, but the people are fighting back. The film shows the human and environmental consequences of 50 years of oil extraction against an insurgency of people who, in the three years after the filmmakers met them as college students, became the young of the Movement for the Emancipation of the Niger Delta (MEND). The movement is born after series of non-violent protests, and what the corporations and colonisers don't understand is that these people will fight for their land and emancipation until the end. Sweet Crude is their story of survival and armed resistance against corrupt governments and rapacious corporate power, amongst a complicit and collusive mainstream media.
By comparing the confluence of ideas about modifying behaviour using shock therapy and other forms of sensory deprivation (which culminated in the top-secret CIA project called MKULTRA during the 1950s) alongside the metaphor of similar shock treatment modifying national economics using the teachings of Milton Friedman and the Chicago School of economics, The Shock Doctrine presents the workings of global capitalism in this framework of how the United States, along with other western countries, has exploited natural and human-engineered disasters across the globe to push through reforms and set-up other mechanisms that suit those in power and 'shock' other countries into a certain wanted behaviour. Chronologically, some historical examples are the using of Pinochet's Chile, Argentina and its junta, Yeltsin's Russia, and the invasion of Iraq. A trumped-up villain always provides distraction or rationalisation for the intervention of the United States—for example, the threat of Marxism, the Falklands, nuclear weapons, or terrorists—and further, is used by those in power as more justification for the great shift of money and power from the many into the hands of the few(er).
The Chicago Sessions explores the ethical implications of the financial crisis during three sessions with a group of law and philosophy students. The grounds of the University of Chicago provide a compelling arena, since it is here that both economist Milton Friedman—staunch promoter of free market capitalism—and Barack Obama, lectured. Examples of crisis related issues discussed during the sessions are: mortgage lending practices, foreclosures, bail outs and CEO pay. The students will test their ideas both on eminent professors and on field experts. The discussion is fueled and illustrated by case stories that the students themselves provide. The cases show how the financial crisis really affects the people of Chicago and in one example shows the consequences of the foreclosures in a neighborhood not far from the university and Barack Obama's home.
"Supermarkets have bulked up. These days they’re retail superpowers who make money not just when we eat or drink but increasingly when we fill the petrol tank, play pokies or buy a hammer from the local hardware – and they’re quietly stalking pharmacies, newsagents and florists. Coles and Woolworth’s sell 70 percent of the dry groceries and half the fresh food that Australians consume – among the highest concentrations of market power in the developed world"...
Let's Make Money investigates the development of the world-wide financial system, showing that elitists economically exploit the rest of society, especially in the developing world, but also in western nations. Using the savings of a typical depositor as a case study, the film moves around the global system, showing exploitation at many levels. There are several interviews with investment managers, politicians, economists as well as homeless people and workers who give their take on the system and its impacts...
For millions of people, the global economic collapse has generated curiosity about how money systems actually work, as opposed to how they're portrayed, especially when so many financial pundits seem to be baffled. In The Ascent of Money, economist Niall Ferguson works through some history that created today's money system, visiting the locations where key events took place and poring over actual ledgers and documents, such as the first publicly traded share of a company. Viewed with a critical eye, this series aims to show how the history of money is indeed at the core of civilisation, with economic strength determining political dominance, wars fought to create wealth and individual financial barons determining the fates of millions.
Up the Yangtze focuses on the people affected by the building of the Three Gorges Dam across the Yangtze river in Hubei, China. Countless ancient villages and historic locales will be submerged, and 2 million people will lose their homes and livelihoods. The theme of the film is the rapacious transition towards consumer capitalism from a traditional farming and peasant-based society...
The Big Sellout reveals the reality of privatisation and globalisation by examining the corporate takeover of basic public services throughout the world, such as water supply, electricity, public transportation, and public health care. In South America, Asia, Africa, but also in Europe and the United States, filmmaker Florian Opitz talks to the architects of the new economic world order, as well as to ordinary people who have to deal with the real direct effects. The result is a tapestry of narratives the world over that show where the dogma of privatisation cames from, who profits from it, what societies lose, and why resistance is so important.
Confessions of an Economic Hit Man is a presentation by John Perkins, based on the book by the same name published by him in 2004. Perkins describes the role: "Economic hit men are highly-paid professionals who cheat countries around the globe out of trillions of dollars. They funnel money from the World Bank, the US Agency for International Development (USAID), and other foreign "aid" organisations into the coffers of huge corporations and the pockets of a few wealthy families who control the planet's natural resources. Their tools included fraudulent financial reports, rigged elections, pay-offs, extortion, sex, and murder. They play a game as old as empire, but one that has taken on new and terrifying dimensions during this time of globalisation."
Money is a new form of slavery and is only distinguishable from the old slavery simply by the fact that it is impersonal--that there is no human relation between master and slave. Debt in government, corporate and household has reached astronomical proportions. Where does all this money come from? How could there be that much money to lend? The answer is that there isn’t...
The Secret History of the Credit Card uncovers the deceptive techniques and tactics used by banks and financial corporations to get citizens to take on ever more debt, while earning record profits. Penalty fees, defaulting, changing contracts, increasing rates retrospectively---these are some of the ways credit card companies gouge their users, and increase influence. The film shows how such profitability of credit cards began in the 1980s, when the banking industry successfully eliminated the limit on the interest rate a lender can charge a borrower. This deregulation, coupled with real-time tracking of personal financial information, facilitated the widening availability of credit cards. Despite a growing number of consumer complaints, the ability of state and local governments to investigate the credit card companies has virtually been eliminated, due to companies incessant lobbying and litigation that has created a jurisdictional "turf battle."
Based on the book of the same title by Juliet Schor, The Overspent American scrutinises the form of consumerism ever-pervasive in this current era that is driven by upscale spending and debt; shaped and reinforced by a media system driven by commercial interests. We're encouraged from all angles to spend money we don't have, working longer hours than ever before. Illustrated with hundreds of examples, The Overspent American draws attention to both the financial and social costs of this giant consumption machine, where the frivolous and relentless search for "happiness" and identity is espoused by advertising.
To many in both business and government, the triumph of the self is the ultimate expression of democracy, where power is truly moved into the hands of the people. Certainly the people may feel they are in charge, but are they really? The Century of the Self tells the untold and controversial story of the growth of the mass-consumer society. How is the all-consuming self created, by whom, and in whose interest?
Behind the Screens explores how Hollywood movies have largely become vehicles for the ulterior motives of advertising and marketing by the studios and media owners, rather than genuine storytelling or simple entertainment in their own right. By showing examples from popular movies such as Wayne's World, Forrest Gump, The Lion King, Summer of Sam, and Toy Story, this documentary demonstrates how this trend toward hypercommercialism—through product placement, tie-ins, merchandising and cross-promotions—comes to define the modern movie. What are the problems with this, as well as the cultural and social impacts? Combined with analysis from film scholars, critics, political economists, and an Oscar-nominated screenwriter, Behind the Screens presents accessible arguments to these questions.
The Mayfair Set is a four part series that studies how capitalists overtly and surreptitiously came to prolifically shape governments during the 1980s, epitomised by the Thatcher government in Britain at the time. But the corporate influence of political power doesn't simply arrive, it rather culminates after decades of engineering rooted in the economic collapse from the aftermath of the Second World War. This series focuses on the unreported and almost unseen approach that capitalists have taken since the 1940s to gradually take control of the political systems of not only the United States and Britain, but elsewhere around the world—exemplified by the boom of globalisation.