8.2/10
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5 user 1 critic

Catastroika (2012)

The creators of Debtocracy, analyze the shifting of state assets to private hands. They travel round the world gathering data on privatization and search for clues on the day after Greece's massive privatization program.

Writers:

Aris Chatzistefanou (creator), Katerina Kitidi (creator) | 1 more credit »
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Cast

Credited cast:
Dean Baker Dean Baker ... Self - Interviewee
Alex Callinicos Alex Callinicos ... Self - Interviewee
Costas Douzinas Costas Douzinas ... Self - Interviewee
Ben Fine Ben Fine ... Self - Interviewee
Naomi Klein ... Self - Interviewee
Ken Loach ... Self - Interviewee
Greg Palast Greg Palast ... Self - Interviewee
Dani Rodrik Dani Rodrik ... Self - Interviewee
Luis Sepúlveda Luis Sepúlveda ... Self - Interviewee (as Luis Sepulveda)
Slavoj Zizek ... Self - Interviewee
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Storyline

The creators of Debtocracy, analyze the shifting of state assets to private hands. They travel round the world gathering data on privatization and search for clues on the day after Greece's massive privatization program.

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Connections

Referenced in Evasion fiscale: Le hold-up du siècle (2013) See more »

User Reviews

 
An "Infowar" production
4 October 2018 | by Radu_ASee all my reviews

How do you make a propaganda piece that gets voted 8.+ on IMDB? Throw together a bunch of facts interspersed with talking heads - so that a gullible audience doesn't notice that the information isn't connected at all.

The film portrays the debt crisis in Greece as an element of cannibal capitalism through privatization and lists Chile, Russia, Thatcherist Britain and East Germany in one breath as examples. Chile was a CIA-fostered coup aimed at curbing Communist expansion; the Soviet Union was bankrupted in the course of the arms race with the US, which enabled new private banks to sell and confiscate assets for a pittance - which is how the oligarchy started; and Greece went several times over the Euro stability criteria to finance political promises and the Olympics, thereby increasing its borrowing costs until the crisis hit. Thatcherism is, indeed, a perfect example of neoliberal capitalism, but in this film, all kinds of non-connected things are thrown together to create the illusion of a global conspiracy. Your head will spin over movie clips, snippets of Slavoj Zizek and Naomi Klein, and how they connect Greece with British rail privatization and Enron.

I can only determine the full scope of disinformation here on the bits about Germany. The "experts" consulted here are with one exception members of "Die Linke", the follow-up of the sole East German party SED. Which means these people were part / benefited from the ruling elite, and since they lost their privileges upon reunification, they have created their own mythology about evil West Germany taking over the innocent East. No word about East Germans being adopted into the Western pension fund and health insurance scheme, financed by a "solidarity tax" of 5.5% on top of income tax - until today! No word about the "Länderausgleich" which obliges states like Bavaria, which generate a budget surplus, to finance states on a deficit, which are the Eastern ones.

But of course, for Greeks Germany and the EU are evil because they insisted on compliance with the Euro stability pact before agreeing to bail them out. Yet had the evil Troika not pressured Greece into this and chosen Grexit instead, there would have been state bankruptcy, and no bank would have vouched for Greek debt. The Greeks would have had to negotiate a deal with private equity funds like Argentina, they would have returned to the Drachma leading to hyperinflation, and the overall situation would have been way worse than it is now. But hey, those are facts, and who gives a damn about those these days. You'll either applaud this fact manipulation because it fits your view of the world, or you'll shake your head over people believing this nonsense.


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Details

Official Sites:

Official site

Country:

Greece

Language:

Greek

Release Date:

26 April 2012 (Greece) See more »

Also Known As:

Катастройка See more »

Filming Locations:

Greece See more »

Company Credits

Production Co:

Moviementa Productions See more »
Show more on IMDbPro »

Technical Specs

Runtime:

(original)

Sound Mix:

Stereo (2.0)

Color:

Color (HD)

Aspect Ratio:

16:9 HD
See full technical specs »

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