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.
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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
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?
S1E1 • Planet Oil • Economics
FRONTLINE’s three-part series The Power of Big Oil examines the fossil fuel industry’s history of denying climate change by delaying action and casting doubt on scientific research. As leading climate scientists issue new warnings, this third part of the series examines tactics used by the fossil fuel industry to delay the transition to renewable energy sources — including the promotion of natural gas as a cleaner alternative.
S1E3 • The Power of Big Oil • 2022 • Economics
This documentary seeks to be the ultimate Odyssey of exploration into Cannabis and its uses starting from the formation of the Endocannabinoid system in the simple sea squirt, through to its early uses, the plant's medical benefits and landing at the modern legalisation movements across the Globe. Where the billions generated in tax could be re-invested back into hospitals, roads, fire departments, scientific research, community projects and the list goes on.
2018 • Economics
Feeling lucky? Explore the ways our brains work against us when we're looking to beat the odds - and how the gambling industry takes advantage of it.
S1E4 • Money Explained • 2011 • Economics
Behind the scenes with the team who look after all 843 acres of Central Park, revealing the hidden systems and organisational miracles that keep the world's busiest urban park clean and green. Plus, Ant Anstead sees how an entirely new district is being built on top of a functioning rail depot in Manhattan and Dan Snow is in Coney Island, where he discovers that television, air conditioning and extreme weather almost killed off this historic amusement zone.
Part 3 • New York: America's Busiest City • 2016 • Economics