How Jimmy Goldsmith introduced UK-style corporate raiding to America, just as Reagan took the brakes off the capital markets. The result was so-called 'downsizing', junk-bonds, insider dealing and a ...
Individual freedom is the dream of our age. It's what our leaders promise to give us, it defines how we think of ourselves and, repeatedly, we have gone to war to impose freedom around the ... See full synopsis »
Friedrich von Hayek,
At the end of this film I was of bemusement at the unreported and almost unseen approach that capital and capital markets have taken since 1945 to gradually take control of the political systems of the USA and the United Kingdom. Curtis outlines several key points and analyses at great length various events and personalities.
These so called market movers were all members of the Clermont Club in Mayfair, London. What at first seemed to be an audacious and unrealistic strategy to take control of the market economy turned into something almost unstoppable, destructive, cruel and completely bereft of feeling or scruple.
What is so shocking is that the corruption and immorality did not start as commonly assumed in the 1980's with the ascent of Reagan and Thatcher to power but with the beginning of the global economy in the late 1950s. There is much material shown here that should be much more discussed and explained because it depicts aptly how moribund and fragile the economies of the developed world have become. How they are built up on tenuous and shallow assumptions that market cycles are no longer applicable. The greed and deception of the business elite reaches far further and far wider than beyond anyone's common knowledge or understanding of politics.
Watch this. Be informed. Be scared.
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