This documentary travels through a world of joblessness, debt, and economic uncertainty to the sovereign nation of the plutocrats, where each crisis seems to offer a new business opportunity. In America, where the 2008 financial meltdown cost $4 trillion in economic output, fortunes were made by the very people who precipitated the disaster while millions lost their homes and their savings. Austerity in Europe, economic stagnation in Asia, a lost generation of the young and unemployed - signs we are living through a fundamental global reorganization, the result of which no-one can predict. The world of the 1% has arrived, and the wealth gap is now greater in many countries than during the Gilded Age, the era of the Rockefellers, Carnegies and Vanderbilts. Can our stressed democracies deal with the fallout? Or have governments simply become instruments of the new elite?
Part I of this three-part documentary series explores the determinants of behavior to dispel the myth of “human nature” demonstrating that environment shapes behavior. Part II illustrates how our social structures impose our values and behaviors demonstrating that our global monetary system is obsolete and increasingly insufficient to meet the needs of most people. Part III, to be released January 2016, will depict the vision of The Venus Project to build an entirely new world from the ground up, a “redesign of the culture” where all enjoy a high standard of living, free of servitude and debt, while also protecting the environment.
2015 • Economics
Crash course into the peer-to-peer revolution that is now disrupting banks and Governments. Whatever Bitcoin may be; most people do not yet understand what this controversial and influential innovation is about and how it works. This award-winning documentary answers these questions. Bitcoin: The End Of Money As We Know It traces the history of money from the ancient world to the modern trading floors of Wall St. This film exposes the practices of central banks and other financial actors who brought the world to its knees in the last crisis. It highlights Government influence on the money creation process and how it causes inflation. Moreover, this film explains how most money we use today is created out of thin air by commercial banks when they make loans. Epic in scope, this film examines the patterns of technological innovation and questions everything you thought you knew about money. Is Bitcoin an alternative to national currencies backed by debt? Will Bitcoin and crypto-currencies spark a revolution in how we use money peer to peer?Or is it simply a new tool for criminals and the next bubble waiting to burst? If you trust in your money just as it is, this film has news for you.
2015 • Economics
Sheryl WuDunn, a best-selling author and Pulitzer Prize-winning journalist, illuminates the economic, financial, political and social issues in East Asia and around the world, and the economic and political uncertainties facing China today.
Paul Saffo looks at the development of the US economy through the 20th and into the 21st century. What are the trends that have shaped the economy? How are innovations in technology and communications making the 21st century an entirely different landscape for producers and consumers?
As we entered the 21st century, the world was guzzling oil, coal and gas like never before. Despite fears of 'peak oil', Professor Iain Stewart discovers that while huge technological advances are helping extend the life of existing oilfields, new unconventional oil and gas supplies like shale gas and tar sands are extending the hydrocarbon age well into the 21st century.
Robert Peston travels to China to investigate how this mighty economic giant could actually be in serious trouble. China is now the second largest economy in the world and for the last 30 years China's economy has been growing at an astonishing rate. While Britain has been in the grip of the worst recession in a generation, China's economic miracle has wowed the world. Now, for BBC Two's award-winning strand This World, Peston reveals what has actually happened inside China since the economic collapse in the west in 2008. It is a story of spending and investment on a scale never seen before in human history - 30 new airports, 26,000 miles of motorways and a new skyscraper every five days have been built in China in the last five years. But, in a situation eerily reminiscent of what has happened in the west, the vast majority of it has been built on credit. This has now left the Chinese economy with huge debts and questions over whether much of the money can ever be paid back. Interviewing key players including the former American treasury secretary Henry Paulson, Lord Adair Turner, former chairman of the FSA, and Charlene Chu, a leading Chinese banking analyst, Robert Peston reveals how China's extraordinary spending has left the country with levels of debt that many believe can only end in an economic crash with untold consequences for us all.