Posted in: Economics
Phoning from the Philippines
Move over India – Manila is the new call center capital of the world. With its English-speaking workforce, geopolitical stability and embracement of Western culture, the Philippines is fast becoming the world’s hottest destination for call centers. Established in just a decade, the outsourcing industry now employs 420,000 workers and accounts for five percent of the country’s gross domestic product (GDP), or roughly $11bn in revenue. The country is also an attractive backroom for small to medium-sized...
Posted in: Economics, Society
Roger & Me
Roger & Me is a 1989 American documentary film directed by Michael Moore. Moore portrays the regional negative economic impact of General Motors CEO Roger Smith's summary action of closing several auto plants in Flint, Michigan, costing 30,000 people their jobs at the time (80,000 to date) and economically devastating the...
Posted in: Economics
Money and Speed: Inside the Black Box
Money & Speed: Inside the Black Box is a thriller based on actual events that takes you to the heart of our automated financial world. Based on interviews with those directly involved and data visualizations up to the millisecond, it reconstructs the fastest and deepest U.S. stock market plunge ever. Money & Speed: Inside the Black Box is a TouchDoc developed by Marije Meerman from public broadcaster VPRO’s documentary series Backlight and design studio Catalogtree. This explorative documentary is a marriage...
All Wars Are Bankers’ Wars
All Wars Are Bankers' Wars: This film explores a common central banking connection behind America's wars. Direct quotes from the founders, presidents, and other world leaders are cited regarding each of the major wars America was involved in, beginning with the American Revolution, King George III and Benjamin Franklin, and culminating with a warning and solution to avoiding World War...
Posted in: Economics
Stealing Africa
Zambia’s copper resources have not made the country rich. Virtually all Zambia’s copper mines are owned by corporations. In the last ten years, they’ve extracted copper worth $29 billion but Zambia is still ranked one of the twenty poorest countries in the world. So why hasn’t copper wealth reduced poverty in Zambia? Once again it comes down to the issue of tax, or in Zambia’s case, tax avoidance and the use of tax havens. Tax avoidance by corporations costs poor countries and estimated $160 billion...
The Money Fix: The Almighty Dollar
Money is at the intersection of nearly every aspect of modern life. Most of us take the monetary system for granted, but it has a profound and largely misunderstood influence on our lives. The Money Fix is a feature-length documentary exploring our society’s relationship with the almighty...
Posted in: Economics
The dot.com Bubble
Bubbles are when a products value continues to rise beyond its true value. But what happens when the bubble inevitably bursts? What are the types of economic bubbles? Intrinsic bubbles, informational bubbles, classic bubbles and fads are all the results of over valued products. Tom Hadfield was only 12 years old when he set up the internet sensation Soccernet, by the time he was 17 years old he sold the company to ESPN for $40 million dollars. Does the media fuel bubbles? The dot.com bubble wasn’t just...
Culture in Decline: Economics 101
The topic of this show entitled Economics 101 deals with the subject of Economic Calculation, Market Rationale and its effects, along with considerations of the Scientific Principles of Sustainability. This episode features long winded and generally insulting rhetoric, a special guest Gremlin, CID’s “Man on the Street” and the return of the evil peach-suit capitalist – Peter’s alter ego. “Culture in Decline” is a satirical yet serious expression that challenges various cultural phenomena...
Posted in: Business, Economics
Million Dollar Traders
Million Dollar Traders follows a group of twelve wannabe traders dealing in shares during the events of the financial crisis of 2007-2009 which was then whittled down to the final eight. The contestants came from various backgrounds, including a fight promoter, a day trader, an IT/banking recruitment consultant, a working mother, a retired IT engineer and a student, among others. During the series hedge fund manager Lex van Dam gave the contestants £1 million of his own money to trade for 2 months. Professional...