One hundred and fifty years ago, the corporation was a relatively insignificant entity. Today, it is a vivid, dramatic and pervasive presence in all our lives. Like the Church, the Monarchy and the Communist Party in other times and places, the corporation is today's dominant institution. But history humbles dominant institutions. All have been crushed, belittled or absorbed into some new order. The corporation is unlikely to be the first institution to defy history. Based on Joel Bakan's book, "The Corporation: The Pathological Pursuit of Profit and Power," this documentary is a timely, critical inquiry that examines the very nature of the corporation--its inner workings, curious history, controversial impacts and possible futures. We begin by learning that under the law, corporations have all the rights and yet few of the responsibilities of people. By viewing the behavior of the corporation through the prism of Diagnostic and Statistical Manual (or DSM III, the gold standard of psychiatric evaluation) the filmmakers discover that if the corporation were indeed a person, the person would be considered a psychopath. Featuring candid interviews with CEOs, whistle-blowers, brokers, gurus, spies, players, pawns and pundits, the chronicle charts the spectacular rise of an institution aimed at achieving specific economic goals as it also recounts victories against this seemingly invincible force. Once you see it, you may find yourself thinking twice about what you eat, what you wear, what you watch and what you read.
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.
We are surrounded by clean, raw energy waiting to be tapped - energy that could eventually replace fossil fuels. Finding new ways to harness the energy around us takes a rare breed of scientist-engineers: men and women with a combination of technical skill, imagination, and unwavering focus. If we act now, developments in energy production could avert disaster and usher in a new era of clean, safe energy.
In September 2008, the collapse of Lehman Brothers tipped the world into recession. A cast of contributors including national leaders, finance ministers and CEOs describe the tense negotiations in New York and London as the investment institution headed towards bankruptcy. Gordon Brown, Tim Geithner and Alistair Darling reveal the dilemmas they faced and the decisions they took.
From the moment we first drilled for oil, we opened a Pandora's box that changed the world forever. It transformed the way we lived our lives, spawned foreign wars and turned a simple natural resource into the most powerful political weapon the world has ever known. But when exactly did geology turn into such a high-stakes game?
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
This episode explains how politicians turned to the same techniques used by business in order to read and manipulate the inner desires of the masses. Both New Labor with Tony Blair and the Democrats led by Bill Clinton, used the focus group which had been invented by psychoanalysts in order to regain power.