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?
44:03Dirty Money
In 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.
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?
1:47:39Let'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...
1:31:38Skandal!
Skandal! Bringing Down Wirecard is a thriller documentary of one of the largest world-wide financial crimes. It follows journalist Dan McCrum, who reveals the inside story of a 6-year investigation into the German corporation Wirecard and the dirty tricks that were deployed against him and the Financial Times, as they battle to expose a multi-billion euro fraud at the centre of one of Germany's most successful online payment corporations of the time. The film traverses the colourful characters of the scam, such as the mafia, porn barons, gambling outfits, Libyan and Russian intelligence agencies, corporate spies, private investigators, hired thugs and surveillance operatives, demanding answers of the chief executive officer, Markus Braun, awaiting trial in Munich, and its mysterious chief operating officer, Jan Marsalek, who vanishes.
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...
Pandora’s Box
Pandora's Box -- A fable from the age of science, is a six part series examining the consequences of political and technocratic rationalism, tying together communism in the Soviet Union, systems analysis and game theory during the Cold War, economy in the United Kingdom during the 1970s, the insecticide DDT, Kwame Nkrumah's leadership in Ghana during the 1950s and 1960s and the history of nuclear power.
45:23Controlling Interest is one of the first documentary films to provide a critical analysis on the growth of multinational corporations, and their impacts on people and the environment. Upon its release, Controlling Interest quickly became a standard audio-visual text for those concerned about the growing impact of multinational corporations, examining how the ever-increasing concentration of money and power affects employment in the United States, shapes patterns of development across the world, and influences foreign policy. This is the film that helped kick-off the anti-globalisation movement. Remarkably candid interviews with business executives provide a rare glimpse of the reasoning behind corporate global strategy, and the never-ending search for resources, ever-cheaper labour, and the commodification of life. The film documents the impact of corporate decisions on people around the world, including how "freedom" has come increasingly to mean the freedom of global corporations to operate without restriction. Some of the case studies include Massachusetts' declining machine tool industry, Brazil's "economic miracle," and Chile before and after the 1973 coup.
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...
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.
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.
1:26:39In 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.
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...
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...
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.
39:40Filmed in Thailand and the Philippines in July 2007, Squeezed tells the story of how free trade agreements and globalisation are changing the lives of millions of people living in the Asia-Pacific region with APEC. Featuring interviews with farmers, workers and slum-dwellers, the film travels across the landscapes of Asia, from the lush rice paddies of Thailand to squatter settlements perched on a rubbish dump in urban Manila. Documenting these contrasts and contradictions, Squeezed accounts the impact of globalisation...
1:37:20Dark Money tracks the influence of corporate money in contemporary politics in the United States. Using Montana as a case study, the film engages with the complex history that Montana state politics has with corporate influence. Starting with the Anaconda Copper Mining Company, Dark Money shows how the influence of mining corporations caused state legislators to relax mining regulations, which resulted in an environmental catastrophe in Butte, with problems that persist today. John S. Adams of the Montana Free Press plays a central role in the film as an investigative journalist who has been tracking state politics and following the money for several years. Adams has reported on everything from the role of the American Tradition Partnership (formerly known as Western Tradition Partnership) funds in the shaping of state election laws, to the illegal political activities of a "right to work" PAC in Montana. The film follows Adams's work as a reporter, but it also includes interviews from other prominent figures in Montana state politics and those involved in the movement to examine and limit the influence of dark money in politics.
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.
51:57The discrepancies between the "War on Terror" and the facts on the ground in Afghanistan and Iraq are many. In 2001, as the bombs began to drop, George W. Bush promised Afghanistan, "the generosity of America and its allies." Now, the familiar old warlords are retaining their power, religious fundamentalism is expanding its grip and military 'skirmishes' continue routinely. In "liberated" Afghanistan, America has its military base and pipeline access, while the people have the warlords who are, as one woman says in the film, "in many ways worse than the Taliban."
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?
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...
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.
1:45:01The 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...
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?
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.
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.
1:34:54The 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.
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.