Let's Make Money
| Let's Make Money | |
|---|---|
| Directed by | Erwin Wagenhofer |
| Produced by | Katharina Bogensberger and Helmut Grasser |
| Written by | Erwin Wagenhofer |
| Release date(s) | 2008 |
| Running time | 110 mn |
| Country | Austria |
| Language | German, Spanish, English, Tamil, French |
Let’s Make Money is an Austrian documentary by Erwin Wagenhofer released in 2008. It is about aspects of the development of the world wide financial system, focussing on how elitists economically exploit the rest of society, especially in the developing world, but also in western nations.
Contents |
[edit] Synopsis
The film starts by tracking the hypothetical savings of a typical depositor as they move around the global system, often causing exploitation as various financial agents try to produce high returns. There are several interviews with investment managers, politicians, economists as well as homeless people and workers. Some examples:
- Mark Mobius manages funds with a volume of about 12 billion dollars. He invests in Emerging Markets.
- Mirko Kovats is an investor and among the 15 richest Austrians. In the film he inspects an Indian firm.
- Terry Le Sueur is the finance minister of Jersey and explains the development of the island from agriculture and tourism to international financial center and tax haven.
- Hermann Scheer is member of the German parliament and criticizes the financial system.
- John Perkins is a former Economic Hitman (EHM) and describes US politics in developing countries based on economic interests.
[edit] Reception
In a review for the Moving Pictures magazine Ron Holloway writes that Wagenhofer polarizes some of the issues with heavy-handed arguments, but also suggests he's created a provocative documentary containing a wealth of information.[1]
Writing in the Financial Times, Christopher Caldwell praised the film's beauty, going on to state that Wagenhofer has a perfect sense for pictorial composition and even for sound. He also writes that film is an imperfect medium for providing an accurate view of complex economic developments. Caldwell goes on to opines that rather than providing a coherent argument, the film "resembles an art film such as Koyaanisqatsi, Godfrey Reggio's haunting, wordless indictment of the frenzy of modern life".[2]
[edit] Related literature
- Caspar Dohmen: Let’s Make Money – Was macht die Bank mit unserem Geld? Vlg. orange press, Freiburg 2008, ISBN 978-3-936086-41-6. about global relations between state debt, tax havens, speculation, sweatshops and the subprime crisis
[edit] See also
[edit] References
- ^ Ron Holloway (2009). "Erwin Wagenhofer’s 'Let’s Make Money'". Moving Pictures magazine. http://www.movingpicturesmagazine.com/Reviews/tabid/59/entryid/1793/Erwin-Wagenhofer-s-Let-s-Make-Money.aspx. Retrieved 2010-09-12.
- ^ Christopher Caldwell (2010-08-13). "Anti-capitalism made beautiful". The Financial Times. http://www.ft.com/cms/s/0/ae0eeb40-a70c-11df-90e5-00144feabdc0.html. Retrieved 2010-09-12.
[edit] External links
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