29:12Perfect Storm offers an initial analysis of the underlying causes and wider context surrounding the riots throughout England in 2011. Contrary to the portrayals presented by mainstream media and trite political rhetoric around law and order, the riots were sparked by poverty, inequality and frustration over police killing a young man in Tottenham. How does the damage weigh up to the criminal conduct of banks and corporate tax avoiders when the costs of the riots are over four thousand times less than the recent financial crisis? Whose priorities are at play here?
54:31The Power of the Fed investigates how the United States central bank's actions have played out over the years on Wall Street versus Main Street, since the last financial crash of 2008. The film traces how the experiment the Fed began in 2008 has been dramatically ratcheting up, peaking with the COVID-19 crisis in 2020. But, of course, rather than help correct from the huge corruption and financial abstractions that caused the 2008 crash, the fed has doubled down on its policies of "quantitative easing" which have gone on to help widen the greatest inequality of wealth in history, pushing financial products even further removed from the economy, driving inflation, automation, and worsening the impending cycles of boom and bust. The rise of speculative cryptocurrencies and non-fungible tokens (NFTs) has only fueled the mania, as economic volatility increases.
Far from ending with the abolition of slavery, the trade in human beings is thriving more than ever before. Today, 27 million men, women and children are held, sold and trafficked as slaves throughout the world. From the sex slaves of Eastern Europe to China's prison labour slaves; from Brazil's hellish charcoal slave camps to entire families enslaved in Pakistan's brick kilns, this series exposes the people behind modern slavery and the companies who profit from it.
2:24:01Did you know that the legal system recognises a corporation as a person? What kind of 'person' is it then? What would happen if it sat down with a psychologist to discuss its behaviour and attitude towards society and the environment? Explored through specific examples, this film shows how and why the modern-day corporation has rapaciously pressed itself into the dominant institution of our time, posing big questions about what must be done if we want a equitable and sustainable world. What must we do when corporations are psychopaths?
1:12:39In Requiem for the American Dream, renowned intellectual figure Noam Chomsky deliberates on the defining characteristics of our time—the colossal concentration of wealth and power in the hands of the few and fewer, with the rise of a rapacious individualism and complete collapse of class consciousness. Chomsky does this by discussing some of the key principles that have brought this culture to the pinnacle of historically unprecedented inequality by tracing a half century of policies designed to favour the most wealthy at the expense of the majority, while also looking back on his own life of activism and political participation. The film serves to provide insights into how we got here, and culminates as a reminder that these problems are not inevitable. Once we remember those who came before and those who will come after, we see that we can, and should, fight back.
24:40Six years after the housing bubble burst in the United States in 2008, the worst is yet to come. After a recent landmark settlement, major banks have lifted the freeze on foreclosures, with evictions again in full swing. Public housing budgets have been slashed, while the thin line between home ownership and homelessness grows ever more wide. People are angry about the impunity of the banks and some have found innovative ways of fighting back in an age of austerity. For Sale travels to Chicago and California to see how people at the forefront of the crisis are confronting the collapse of the American dream.
27:09Cases of 'rent for sex' in the UK are on the increase, where landlords offer free rooms in their properties in exchange for 'sexual favours'. Investigative journalist Ellie Flynn goes undercover to get a closer look at this issue. Armed with undercover cameras, she meets landlords who post these ads to find out what they really expect in exchange for rent. The landlords she confronts protest that what they're doing is acceptable, contrasted with young women who have taken up these arrangements and talk about how much consent they felt able to give when the alternative was a life on the streets. Despite laws that exist to criminalise this practice, Ellie asks why there doesn't seem to be anyone doing anything to prevent it. From police forces to the Ministry of Justice, she uncovers a vacuum of responsibility that currently exists.
59:01For more than two years the Eurozone has teetered on the edge of an economic precipice. But how exactly did it get into the current financial mess? Talking to historians, economists and politicians, The Great Euro Crash takes a long view of the euro--from Churchill's vision of a United States of Europe; to the bail-outs of Greece, Portugal and Ireland. Meeting a property developer in Ireland, a taxi driver in Rome and a German manufacturing worker; the film exposes the high cost being paid by European workers today for the dream of European Union—how the entire system has so far come to a complete banking meltdown. The crisis could yet claim Britain, with its vast financial sector, dragged down by the collapse of the euro. And the cost of reviving the complex economy is so high, triggering a return to the economic mayhem of the 1930s.
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...
55:34Nearly 100 years after its creation, the power of the United States Federal Reserve has never been greater. Governments and financial systems around the world pay close attention to the Fed Chairman's every word, philosophies and ideologies. Yet the average person knows very little about the most powerful and least understood financial institution. Money For Nothing takes viewers inside the Fed and reveals the impact of Fed policies past, present, and future.
1:45:01The End of Poverty? traces the growth of global poverty back to colonisation in the 15th century to reveal why it's not an accident or simple bad luck that there is a growing underclass around the world. Featuring interviews with a number of economists, sociologists, and historians, the film details how poverty is the clear consequence of free-market economic policy which has allowed powerful nations to exploit poorer ones for their assets, turning the money back to the hands of the concentrated few. This also follows on to how wealthy nations--especially the United States--thereby exert massive debts, seize a much disproportionate exploit of the natural world, and how this deep imbalance has dire consequences on the environment and on people...
53:29The 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."
49:05The 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.
1:14:02The film is a video essay by Professor Albert Bartlett essentially serving as an introduction to the concept of steady growth and doubling time, by taking us through the impacts and consequences of exponential growth on a finite planet. By making good observations of this impossible growth as applied to fossil-fuel consumption, population and the endless growth of which the global economy requires, this presentation gives us the basic tools to fundamentally understand that we've got a real problem on our hands.
47:18"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?
25:00Mongolia is the next target for the world's biggest mining corporations for copper. The Oyu Tolgoi mine currently under construction in the South Gobi Desert is a combined open-pit and underground mine due to start extraction in the next few months of 2012. But the problems don't end there. The Oyu Tolgoi deal between the Mongolian government and the massive Australian mining company Rio Tinto is truly indicative—Mongolia gets just 34 percent, while Rio Tinto is exempt from a profits tax and receives open access to scarce desert aquifers and the provisioning of water to people living close to land that the mining company now claims to own. The Big Dig documents how this avaricious mining-driven culture comes at the expense of the natural world and the way of life of local communities.
52:14Your 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.
43:25Cover Up
Why did appointed officials of the Australian Reserve Bank and its employees break sanctions in Iraq and cosy up to Saddam Hussein through a frontman during the late 1990s, early 2000s and beyond? Why did a former Deputy Governor and other directors hand-picked by the Reserve Bank to safeguard its subsidiary companies from corruption, end up--over a decade--overseeing some of the most corrupt business practices possible? How did they allow millions of dollars to be wired to third parties in foreign countries--including a known arms dealer--in order to win banknote contracts knowingly using bribery and supporting corruption?
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.
1:33:08Freakonomics is a segmented adaptation of the book by the same name, by Steven Levitt and Stephen Dubner about incentives-based thinking. The film presents segments to examine the theories of human behaviour and data mining presented in the book through case studies. Subjects include: the influence a person's name has on their personal and social development; corruption in an honor-bound sport such as sumo wrestling; what alleged factors lead to a statistical reduction in crime rates in the United States during the 1990s; and a school experiment to see if cash payments could incentivise students to get good grades. Through these examples and others, the film exposes the problems with data-driven economic incentive models, and the society obsessed with quantitative measuring and data, rather than a focus on quality of outcomes or even what the outcomes are.
Corporations On Trial is a five-part series following just some of the many lawsuits being brought against multinational corporations for war crimes, conspiracy, corruption, assassinations, environmental devastation and payments to terrorists. Such serious charges have forced some of the world's largest companies to hire high-profile defence lawyers to protect public relations in cases often brought by plaintiffs who are barely literate. These five films reveal a growing anxiety about the power and influence of big business, as many multinational corporations have annual revenues greater than some countries' national budgets and indeed increasingly hold governments to ransom by their economic power. Around the world, ordinary people are fighting back and asking how many more times their interests should be sacrificed for corporate greed and shareholder profit...
1:31:32Push
Housing is fundamental human right. But in cities all around the world, housing affordability is decreasing at record pace. The local working and middle classes have become unable to afford housing in major cities: London, New York, Berlin, Hong Kong, Toronto, Tokyo, Valparaiso, Sydney, Melbourne, Caracas, Barcelona, Paris, Amsterdam, Stockholm... the list seems endless. People are being pushed out of their very own homes--because living in them has rapidly become unaffordable. Told through the eyes of Leilani Farha, a United Nations special rapporteur on housing, Push touches on the foundations of the crisis, as we follow the rise of abstract finance and the pervasive influence of neoliberalism that conjures a perfect storm: the global financial crisis of 2008--where houses packaged as "complex financial instruments" were the core of the crisis. Then, once the financial industry was bailed out by the public to the tune of trillions of dollars, financiers bought up millions of houses around the globe for cents on the dollar, and their power and influence has only increased in the subsequent decades. Farha travels all around the world, speaking to people that now spend 90% of their income on rent, after wages have stayed stagnant since 1970s, and how large corporations swallow up entire communities, guided by the same politik. She says we still need to confront those old ideas--the financialisation of the housing 'market.' "There's a huge difference between housing as a commodity and gold as a commodity." These systems don't consider the people they extract from.