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.
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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
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
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
In the first of this three-part series investigating consumer spending, Jacques reveals how the concept of 'product lifespan' holds the key to our ever-churning consumerism. Exploring the historical origin of planned obsolescence, when some of the world biggest electrical manufacturers formed a light bulb cartel in the 1920s, Jacques reveals how products that are essential to our modern lifestyles are still made to break. During his investigation, Jacques uncovers the process by which a crucial transformation happened and attitudes towards spending were transformed. Instead of needing new goods because our old ones were broken, we learned to want them for reasons of fashion and aspiration - awaking a consumer appetite that could never be satisfied. In the US, he visits a recycling centre where brand-new high-tech goods are destroyed before they have even come out of the box. Jacques also meets some of the companies that encourage consumers to be dissatisfied with what they have and encourage purchases as part of an ever-faster cycle of 'upgrades'. He asks a senior IKEA executive why, despite the company's commitment to sustainability, it still encourages repeated discarding and purchasing. Jacques also talks to a former senior Apple employee who reveals how the company's new focus on fashion, with its colourful iPhones, keeps us buying even when technological innovation slows.
S1E1 • The Men Who Made Us Spend • 2014 • Economics
The global economy is in crisis. The exponential exhaustion of natural resources, declining productivity, slow growth, rising unemployment, and steep inequality, forces us to rethink our economic models. Where do we go from here? In this feature-length documentary, social and economic theorist Jeremy Rifkin lays out a road map to usher in a new economic system. A Third Industrial Revolution is unfolding with the convergence of three pivotal technologies: an ultra-fast 5G communication internet, a renewable energy internet, and a driverless mobility internet, all connected to the Internet of Things embedded across society and the environment. This 21st century smart digital infrastructure is giving rise to a radical new sharing economy that is transforming the way we manage, power and move economic life.
2017 • Economics
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.
S1E3 • China: A New World Order • 2019 • Economics
Ambassador Henry Crumpton, a veteran CIA operative with experiences on the front line of America's initial campaign against the Taliban in Afghanistan, considers the paradigm shift caused by the increased role of non-state actors in the Mid-East and other issues facing that region and the world.
8/10 • Curiosity Retreats: 2014 Lectures • 2014 • Economics
In the 21st century, China has become a global economic powerhouse. Why was the rest of the world so slow to notice its rise to the top?
S1E3 • History 101 • 2020 • Economics
Filmmaker Alex Gibney investigates the fact that the 400 richest Americans control more wealth than the 150 million people in the bottom 50 percent of the population.
2012 • Economics