The links between consumer pressure for low-cost high fashion and the meager existences of the sweatshop workers who produce those goods are explored.
Thursday, October 24: the Wall Street Stock Exchange crashes, the greatest economic crisis of the 20th century suddenly breaks out. The crash, fueled by frenetic speculation, and by the idea that everyone could get rich without limits, put a final stop to the euphoria of the 1920s.
Professor Renata Salecl explores the paralysing anxiety and dissatisfaction surrounding limitless choice. Does the freedom to be the architects of our own lives actually hinder rather than help us? Does our preoccupation with choosing and consuming actually obstruct social change?
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.
The Bomb tells the story of the most powerful and destructive device ever invented. Learn how humans harnessed this incredible power and what challenges we have faced living with it since 1945. With newly restored footage of nuclear weaponry, some of which has only recently been declassified, go behind the scenes of the first atomic bomb, revealing how it was developed and how it changed the planet, ushering in a new era and reshaping our lives even today. Rare footage from bomb tests through the 1950s and 60s demonstrates the power and strangely compelling beauty of nuclear explosions. Hear from foremost nuclear bomb historian Richard Rhodes, former Secretary of Defense William Perry, and former Secretary of State George Shultz, as well as from scientists, weapons designers, pilots, witnesses, and ordinary men and women who have lived and worked with the nuclear bomb. Examine the choices society has made--and continues to make--to live with an invention that could destroy the planet.
2015 • Economics