For three summers in a row the Aftermath thinkers gathered to analyse the crisis in all its manifestations, offering new and surprising perspectives.Under the venue and patronage of Calouste Gulbenkian Foundation, Lisbon-Portugal, Castell's multidisciplinary research group meet every year with the aim of discussing in real time and from different angles the societal and cultural consequences of the worldwide economic collapse. Now, thanks to the Dutch VPRO Backlight, a new documentary has been produced. 'Aftermath of a Crisis' is a 48 minute documentary reporting the world incertitude, facing a global fallacy, as well as the emergence of new social movements and protests in Spain, Greece, Portugal and London.
The city of Chongqing is a sprawling metropolis of seven million people. It's the scene of one of the latest chapters in China's remarkable economic rise. Back in the 1980's China's communist party decided to permit the return of private enterprise. In cities along the coast thousands of new factories sprung up fueling an economic boom. Now, China's trying to extent that boom to the interior of the country to places like Chongqing. The government is pouring in money to improve and modernize the city.
This cinematic odyssey takes us on a journey, from the origins of money to connecting the systemic dots on the current global financial crisis and how we got here.
Reckless lending and risky investments have been blamed for directly driving up mortgage rates and increasing the numbers of people losing their homes. Dispatches investigates how the bank chiefs allowed this to happen and if lessons have been learn from the Northern Rock crisis.
When money drives almost all activity on the planet, it's essential that we understand it. Yet simple questions often get overlooked, questions like; where does money come from? Who creates it? Who decides how it gets used? And what does this mean for the millions of ordinary people who suffer when the monetary, and financial system, breaks down?
Historic laws favor those who own the land, but today everyone believes in economic justice... so the problem is how do we achieve that? We have to make good use of our land and it has to not just respond to the economy but it has to drive the economy. So the challenge then is how do you make the value of land equally available to all.
Created during Wilson’s presidency to protect the economy in times of financial turmoil, its real business remains to be discovered. During the Wilson presidency, the U.S. government sanctions the creation of the Federal Reserve. Thought by many to be a government organization maintained to provide financial accountability in the event of a domestic depression, the actual business of the Fed is shrouded in secrecy.
Had Europe faced up to the Greek problem earlier, the crisis would likely be more contained and manageable today. It should have reached a broad pact with Athens by trading growth-promoting reforms for long-term financial guarantees and relief.