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
Indonesia is one of the most volcanically active countries in the world--the island of Java alone has 45 active volcanoes, which could erupt at any time. Descend into some of the world's most volatile craters with scientist Tom Pfeiffer, who is hell-bent on photographing rare volcanic phenomenon.
S2E3 • Volcanic Odysseys • 2016 • Economics
In the autumn of 2007, Matthew Lee, a worried accounting executive at Lehman Brothers, began to notice serious financial irregularities in the company's practices. When he refused to approve tens of billions of dollars' worth of suspicious transactions, he was fired. Six months later, Lehman Brothers sank with 631 billion dollars of debt. Lee, who has since emerged as a crucial figure in Lehman's downfall, and other whistleblowers recount their personal stories of fraud and deception that went right to the top of the bank. Ultimately, they paid the price for trying to expose the 2008 subprime mortgage crisis.
Storyville • 2019 • Economics
Controversies, scandals and shocks in TV, film, music and politics, when a royal reunion proved divisive, Uri Geller demonstrated his fork-bending talents, and Cosmopolitan magazine was launched. A Clockwork Orange and Last Tango in Paris shocked cinema audiences, while did Jesus Christ Superstar did the same on stage.
S1E1 • Controversially: That Was the Year that Was • 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.
S1E3 • American Capitalism – The Cult of Wealth • 2023 • 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. This first part charts the fossil fuel industry’s early research on climate change and investigates the efforts to sow seeds of doubt about the science.
S1E1 • The Power of Big Oil • 2022 • Economics
Does the stock market accurately reflect the status of the economy? Finance specialists discuss market history, valuations and CEO incentives.