A Paradise for Millionaires (1870-1920) • 2023 • episode "S1E1" • American Capitalism – The Cult of Wealth

Category: Economics | Subtitle:

At the end of the 19th century, a club of millionaires — John D. Rockefeller and his oil monopoly, steel king and philanthropist Andrew Carnegie and banker J. P. Morgan, who financed the Industrial Revolution from Wall Street — took over the United States, where immigrants provided a labor force that was ruthlessly exploited.

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American Capitalism – The Cult of Wealth • 2023 • 3 episodes •

A Paradise for Millionaires (1870-1920)

A Paradise for Millionaires (1870-1920)

At the end of the 19th century, a club of millionaires — John D. Rockefeller and his oil monopoly, steel king and philanthropist Andrew Carnegie and banker J. P. Morgan, who financed the Industrial Revolution from Wall Street — took over the United States, where immigrants provided a labor force that was ruthlessly exploited.

2023 • Economics

Making the Rich Pay (1921-1946)

Making the Rich Pay (1921-1946)

The millionaires' paradise was destroyed by the crash of 1929, which plunged the country into the Great Depression and mass unemployment. Enraged by greed and tax evasion, Democrat Franklin D. Roosevelt, reelected in 1936, advocated controlled capitalism.

2023 • Economics

Who Wants to Be a Billionaire? (1981-Today)

Who Wants to Be a Billionaire? (1981-Today)

The federal welfare state controlled American capitalism until the 1973 oil crisis and recession, which led to the election of the ultra-liberal Ronald Reagan. At the dawn of the computer revolution, a generation of entrepreneurs, including Bill Gates and Steve Jobs, emerged in Silicon Valley around Stanford University, which combined public and private research.

2023 • Economics

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Part 3

Explores the growing tension between China and the west over allegations that the Chinese state has engaged for years in large-scale industrial espionage and hacking to steal the west's business secrets and technological know-how. One former US official has described it as the 'largest transfer of wealth in human history'. China denies the charges – but growing anger in the US is fuelling the trade war with China.

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