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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.
This World • 2014 • Economics
Comedian Jolyon Rubinstein is on a mission. He wants to find out why the Facebook generation is so disengaged from politics. With the general election just around the corner, according to a recent survey less than a quarter of under-25s plan to vote. Is this just apathy and ignorance? Or is something else going on?
Wayne Pacelle, President of the Humane Society of the United States, draws a practical roadmap for how we can use the marketplace to promote the welfare of all living creatures, and how industries, innovators and consumers are coming together in this powerful social movement.
6/8 • Curiosity Retreats: 2016 Lectures • 2016 • Economics
The video suggests that the vast majority of populations are treated essentially like farm animals to maximize the profits of the few. Perhaps its most disturbing suggestion is that choices that are made available to us are really nothing more than tricks to encourage the masses to be more productive.
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
How will we power the planet without wrecking the climate? Five years after the earthquake and tsunami that triggered the unprecedented trio of meltdowns at the Fukushima Daiichi nuclear power plant, scientists and engineers are struggling to control an ongoing crisis. What’s next for Fukushima? What’s next for Japan? And what’s next for a world that seems determined to jettison one of our most important carbon-free sources of energy? Despite the catastrophe—and the ongoing risks associated with nuclear—a new generation of nuclear power seems poised to emerge the ashes of Fukushima. NOVA investigates how the realities of climate change, the inherent limitations of renewable energy sources, and the optimism and enthusiasm of a new generation of nuclear engineers is looking for ways to reinvent nuclear technology, all while the most recent disaster is still being managed. What are the lessons learned from Fukushima? And with all of nuclear’s inherent dangers, how might it be possible to build a safe nuclear future?