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.
Can't Get You Out of My Head: An Emotional History of the Modern World is a six-part series that explores how modern society has arrived to the strange place it is today. The series traverses themes of love, power, money, corruption, the ghosts of empire, the history of China, opium and opioids, the strange roots of modern conspiracy theories, and the history of Artificial Intelligence and surveillance. The series deals with the rise of individualism and populism throughout history, and the failures of a wide range of resistance movements throughout time and various countries, pointing to how revolution has been subsumed in various ways by spectacle and culture, because of the way power has been forgotten or given away.
1:31:32Housing 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.
1:18:01The Spider's Web: Britain's Second Empire shows how Britain transformed from a colonial power into a global financial power. At the demise of empire, the City of London's financial interests created a web of offshore secrecy jurisdictions that captured wealth from across the globe and hid it behind obscure financial structures, and webs of offshore islands. Today, up to half of global offshore wealth may be hidden in British offshore jurisdictions, and these are now the largest players in the world of international finance. Based in part on the book Treasure Islands by expert Nicholas Shaxson, and through contributions from former-insiders, academics, and campaigners for justice, The Spider's Web reveals how, in the world of international finance, corruption and secrecy have prevailed over regulation and transparency, and how the United Kingdom is a pioneer of the modern corrupt global economy.
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.
1:26:39In recent years, nature conservation has become a booming business where huge sums of money change hands, and endangered species become exotic financial products. Banking Nature, delves into this hidden world of so-called environmental banking, where huge corporations such as Merrill Lynch and JP Morgan Chase buy up the land and habitat of endangered species, and then sell them in the form of shares. Companies that inevitably harm the environment are then obliged to buy credits to offset the damage that they have caused. In Uganda, we meet men who measure trees to determine how much carbon they store and then a banker from the German firm that sells the resulting carbon credits. In Brazil, the steel giant Vale destroys the rainforest, replaces it with a monocrop tree plantation, and reaps the benefits of environmental credits as if the rainforest was still standing. Banking Nature posits that we disallow the same corporate criminals responsible for the global financial crisis from turning what's left of the natural world into their final corrupt commodities market.
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.
43:25Why 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?
50:29The Wall Street Code explores the once-secret lucrative world of prolific algorithmic trading by profiling an inside programmer who, in 2012, dared to stand up against Wall Street and its extreme culture of secrecy, to blow the whistle on insights into the way the modern global money market works. His name is Haim Bodek—aka 'The Algo Arms Dealer'—and having worked for Goldman Sachs, his revelations speak to the new kind of wealth made only possible by vast mathematical formulas, computer technologies and clever circumventions of laws and loophole exploits. Vast server farms and algorithms working beyond the timescale of human comprehension, have largely taken over human trading on the global financial markets for decades. What are the implications of that? The algorithms seem to have a life of their own. Snippets of code secretly lie waiting for the moment that your pension fund gets on the market; trades done in nanoseconds on tiny fluctuations in stock prices. And the only ones who understand this system are its architects—the algorithm developers. The Wall Street Code provides just a small insight into this new world of high-frequency trading, amongst other things...
51:35The Tax Free Tour travels the globe to expose the workings of offshore tax havens and the elite banking systems of the world's billionaires which operate in extreme secrecy. Using examples from multi-national corporations such as Apple Computer and Starbucks, the film traces sizeable capital streams that travel the world literally in milliseconds--all to avoid local laws and paying tax. Such routes go by resounding names like 'Cayman Special', 'Double Irish', and 'Dutch Sandwich'. The Tax Free Tour is a sobering look at how the world's rich live in an entirely different world than the rest of us...
51:47Obey 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?
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.
1:27:22Catastroïka follows the global trend of privatisations in the past two decades, extrapolating the forthcoming results of the current sell-off in Greece, which has been demanded in order to face the country's enormous debts. Turning to the examples of London, Paris, Berlin, Moscow and Rome, Catastroïka predicts what will happen, if the model imposed in these areas is imported in a country under international financial tutelage...
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.
59:03Exploring 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.
1:39:44The 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.
1:17:29The Crisis of Civilization draws on archive footage and essentially monologue by author Nafeez Mosaddeq Ahmed to detail how global problems like environmental collapse, financial crisis, peak energy, terrorism and food shortages are all symptoms of a single, failed global system...
1:08:16While corporations and governments continue to disseminate globalisation and the rapacious drive for consolidation of corporate power, people around the world are pushing back to reinstate local communities. Groups are coming together to rebuild human scale, local and ecological economies based on a new paradigm of localisation and sustainability. The Economics Of Happiness documents these shifts and shows how these communities have reclaimed their autonomy...
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?
44:03In the late 1990s, the Reserve Bank of Australia thought it was on a winner. The bank had developed the technology to create polymer bank notes that it claimed rivalled paper money. So the Reserve Bank decided to set up a subsidiary company called Securency to sell the technology to the world. It had just one problem though—getting legitimate access to other central bank officials to pitch the idea. So instead, Securency decided to employ a shadow network of local "fixer agents" to make "connections" with relevant officials, lavishing them with prostitutes, cash, and bribing them into deals. Dirty Money is the story of this institutional corruption at the highest level of finance in Australia.
46:48For 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.
46:21With the recent global financial crisis, governments across the world promised decisive action -- the biggest financial stimulus packages in history, along with gargantuan bail-outs of corporations and floods of money into private banks and investment firms. But what crazed logic is this: propping up bad debt with…more bad debt? Overdose reviews the happenings of the bail-outs over these years, showing how dangerous the situation continues as a burst bubble is re-inflated globally. What happens next?
1:48:27Inside Job provides a comprehensive analysis of the global financial crisis of 2008, which at a cost over $20 trillion, caused millions of people to lose their jobs and homes in the worst recession since the Great Depression, and nearly resulted in a global financial collapse. Through interviews with key financial insiders, politicians, journalists, and academics, Inside Job traces the rise of a rogue industry which has corrupted government and academia...
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.
54:27In September 2008 when the American economy was on the verge of melting down, the then-Secretary of the Treasury Henry Paulson, his former protégé John Thain (CEO of Merrill Lynch), and Ken Lewis (CEO, President, and Chairman of the Bank of America) secretly cut a deal to merge Bank of America and Merrill Lynch -- in the midst of stock collapse; a rocky merger; the worst fourth-quarter losses in at least 17 years; a stockholder revolt and an urgent need to raise more capital despite a $45 billion "bail-out" from the federal government...
1:18:37By 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).
1:18:26Golden Rule presents a picture of today's political economy interpreted through the framework of the "Investment Theory of political Parties". The theory, first articulated in 1983 by Thomas Ferguson, is largely based on quantitative analysis of activity in the stock market and its relationship to politics--that is to say that "elections are moments when groups of investors coalesce and invest to control the state." The film takes this theory and tests it against developments in the political and social spheres of recent decades, right up to the election of Barack Obama in the United States in 2008...
58:32Over six desperate days in October 1929, the New York Stock Exchange crashed leading to the collapse of three thousand banks, taking people's savings with them. In a matter of days, the United States economy was obliterated. The crash was followed by a devastating worldwide depression that lasted until the Second World War. Finances did not regain their pre-crash values until 1954. This film recounts the story of a financial disaster that we hoped could never happen again, revealing the familiar tune of cheap credit, consumerism, greed, corruption and cronyism in the current-day financial crisis...