Films about IMF
53:54The myths of globalisation have been incorporated into much of our everyday language. “Thinking globally” and “the global economy” are part of a jargon that assumes we are all part of one big global village, where national borders and national identities no longer matter. But what is globalisation? And where is this global village? In some respects you are already living in it. The clothes in your local store were probably stitched together in the factories of Asia. Much of the food in your local supermarket will have been grown in Africa…
47:39Robert Beckford visits Ghana to investigate the hidden costs of rice, chocolate and gold and why, 50 years after independence, a country so rich in ‘natural resources’ is one of the poorest in the world. He discovers child labourers farming cocoa instead of attending school and asks if the activities of multinationals, the World Bank and International Monetary Fund have actually made the country’s problems worse…
51:54War By Other Means examines the policy of western banks making loans to so-called ‘third world’ countries, which are then unable to meet the crippling interest charges—debt used as a weapon. The film primarily analyses ‘Structural Adjustment Programs,’ which are proclaimed to enable countries to compete in the ‘global economy,’ but have the opposite effect of lowering wages which in turn further transfers the wealth from the poor to the rich.
1:27:01The Take documents the story of workers in Buenos Aires, Argentina who reclaim control of a closed auto-plant where they once worked and turn it into a worker cooperative. The factory closed as a result of the economic policies of the government under the watchful eye of the IMF. While in bankruptcy protection, the company appeared to be selling off property and inventory to pay creditors — a move which further reduced the chances of the facility returning to production. Though as the movement gains strength, having started with a garment factory several years earlier, the factory workers wade through courts and the legislative system, finally establishing their own control and winning the right to operate it themselves, as a cooperative…
1:23:32Flow — For The Love Of Water builds a case against the growing privatisation of the world’s dwindling fresh water supply with a specific focus on human rights, pollution, the politic of corporate influence in the emergence of a domineering global water cartel. The film names and clearly documents many of the culprits, while asking the question—can anyone really ‘own’ water?
57:14After a string of popular protests in Seattle against the World Trade Organisation in 1999, tens of thousands reemerged to challenge the International Monetary Fund and World Bank at their April 2000 meeting in Washington DC. Once again, media activists were on the spot to provide the non-corporate coverage you just won’t find anywhere else. Breaking the Bank provides an informative background on the history and impact of the IMF and World Bank, and features extensive coverage of the events in Washington against the powerful organisations that are killing the planet.
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.