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Movie trailer: Let's Make Money


Source : http://www.youtube.com

Most of us don't know where their money really is. However, one thing is for certain: it is not in the bank, to which we entrusted it. The bank and our money is already a part of the cycle of the global money market.

After WE FEED THE WORLD, Erwin Wagenhofer presents his new film Let's Make Money, following the tracks of money through the world-wide finance system, and points out the consequences of our greed for money.

Spanning the globe from Burkina Faso to Chennai, from Shanghai to Jersey, Erwin Wagenhofer's sobering film dissects the philosophies and practices of the neo-liberal system to lay out the direct causes and contributing factors of the ravenous consumption that has led to global economic collapse. What might have seemed merely informative a year ago now takes on the character and significance of an autopsy report. A remarkable degree of access to central players in international finance, economic theory, and government policy - not to mention key testimony from an American "economic hit man" - makes for many fascinating insights, particularly in light of the recent seismic shifts in the global economy. Lucid and cogent, with an important environmental undercurrent that runs throughout the film, Let's Make Money serves as a kind of time capsule for a failed economic model, a snapshot of cannibalistic capitalism and Mafioso governmental practices.

Let's Make Money will be presented at the Hot Docs Festival in Toronto, on Sat, May 2, 2009 and Sun, May 3, 2009.

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Created by admin 1 year 14 weeks ago – Made popular 1 year 14 weeks ago
Category: Economy   Tags:

Just seen the film tonight.

Keiros 1 year 14 weeks 6 days 4 hours ago

Just seen the film tonight. Great documentary.

What I found really interesting was an economist in London explaining the "Washington Consensus" that founded what is now known as neoliberalism.

For him, it can be summarized to 4 steps:

  • Deregulation of financial markets
  • Trade liberalization
  • Weakening the State by reducing its tax revenues
  • Privatization of state enterprises

He explains that all the regulations were put in place after the 1929 economic crisis to prevent such a crisis to reoccur. And during the Reagan-Thatcher era, all these control mechanisms were eliminated, leaving us exposed to the present crisis.