|Directed by||Steve Bannon|
|Produced by||David Bossie|
|Written by||Steve Bannon|
|Music by||Michael Josephs|
|Edited by||Matthew A. Taylor|
|February 5, 2010|
Generation Zero is a 2010 American documentary film written and directed by Steve Bannon, and produced by David N. Bossie for Citizens United Productions. The documentary features historian David Kaiser as well as author and amateur historian Neil Howe. In the film, Bannon examines the financial crisis of 2007–2008 in the context of a generational theory by authors William Strauss and Neil Howe.
The film examines the subprime mortgage crisis and financial crisis of 2007–2008 in a generational context. A 2010 review from The Richmond Times-Dispatch described Generation Zero as a horror film about the U.S economy.
While the film focuses on economic topics, including deficit spending and the 2008 bank bailouts, the film also heavily focuses on the 1960s. The film interprets the 1960s in the context of Strauss and Howe's generational theory. In the film, Bannon is critical of his own generation. He commented: that the "baby boomers are the most spoiled, most self-centered, most narcissistic generation the country’s ever produced”, blaming the cohort for much of the current economic problems.
The film describes the 1960s as a time in which young adults turned away from their parents' values, saying they turned their backs on history. The film refers to “seasons of history” and concludes that the damage which was initiated in the 1960s, when young baby boomers turned away from their parents' values, will be undone via war or other great crisis. The period of crisis is referred to as a "turning". In Strauss and Howe's theory, the period of crisis or war is referred to as the “fourth turning”. The film concludes with the line "history is seasonal and winter is coming".
Historian David Kaiser, who was consulted for the film said that it focused on a key aspect of Strauss and Howe's theory: "the idea that every 80 years American history has been marked by a crisis, or 'fourth turning', that destroyed an old order and created a new one”. Bannon, Kaiser states, was "very familiar with Strauss and Howe’s theory of crisis, and has been thinking about how to use it to achieve particular goals for quite a while.”
The film was subject to renewed attention in late 2016 and 2017, after Bannon became Chief Strategist in Donald Trump's administration. The film has been described as apocalyptical and polemical, although anger over the bank bailouts and concern over deficit spending, specifically that "Our government is spending money that we don't have. The longer we wait to fix that problem, the tougher the solution" have been described as issues on which liberals and conservatives may agree. The portion of the film which blames the housing crisis on efforts to help African Americans, specifically on the Community Reinvestment Act, was criticized as inaccurate.
A February 2017 Time magazine cover story titled: Is Steve Bannon the Second Most Powerful Man in the World? interviewed author Neil Howe and reported: "Bannon contacted Howe about making a film based on the book (The Fourth Turning). That eventually led to Generation Zero, released in 2010, in which Bannon cast the 2008 financial crisis as a sign that the turning was upon us. Howe agrees with the analysis, in part. In each cycle, the postcrisis generation, in this case the baby boomers, eventually rises to ‘become the senior leaders who have no memory of the last crisis, and they are always the ones who push us into the next one,’ Howe said. But Bannon ... seemed to relish the opportunity to clean out the old order and build a new one in its place, casting the political events of the nation as moments of extreme historical urgency, pivot points for the world.' Howe said he was struck by what he calls Bannon's 'rather severe outlook on what our nation is going through'."
Historian David Kaiser, who was consulted for the film, reported that Bannon discussed with him what Strauss and Howe considers the past crisis wars, specifically the American Revolutionary War, the American Civil War and World War II. Kaiser said of Bannon, “He expected a new and even bigger war as part of the current crisis, and he did not seem at all fazed by the prospect.” A 2017 review in The Washington Post states, "Bannon now seems to be trying to bring about the Fourth Turning."
- "Fox Nation Must-See Film: 'Generation Zero'". Fox News. 24 February 2010. Retrieved 9 February 2017.
- Suebsaeng, Asawin (19 August 2016). "I Watched All of Steve Bannon's Bad Movies". Daily Beast. Retrieved 9 February 2017.
- Kaiser, David (18 November 2016). "Donald Trump, Stephen Bannon and the Coming Crisis in American National Life". Time. Retrieved 9 February 2017.
- Guilford, Gwynn (3 February 2017). "What Steve Bannon really wants". Quartz. Retrieved 9 February 2017.
- Kaiser, David (3 February 2017). "What's Next for Steve Bannon and the Crisis in American Life". Time. Retrieved 9 February 2017.
- Hohmann, James (7 February 2017). "The Daily 202: Five books to understand Stephen K. Bannon". The Washington Post. Retrieved 9 February 2017.
- Lohmann, Bill (19 March 2010). "Lohmann: Filmmaker's 'Generation Zero' on economy is 'meant to shock'". Richmond-Times Dispatch. Retrieved 9 February 2017.
- Belsie, Laurent (25 February 2010). "Generation Zero documentary looks at another inconvenient truth: US debt". Christian Science Monitor. Retrieved 9 February 2017.
- Blumenthal, Paul (8 February 2017). "Steve Bannon Believes The Apocalypse Is Coming And War Is Inevitable". The Huffington Post. Retrieved 9 February 2017.
- Johnson, Eliana (7 February 2017). "What Steve Bannon Wants You to Read". Politico. Retrieved 9 February 2017.
- Frank, Thomas (10 February 2017). "How Steve Bannon captured America's spirit of revolt". The Guardian. Retrieved 12 February 2017.
- Schreckinger, Ben (29 November 2016). "Bannon's film blamed racial-bias law for financial collapse". Politico. Retrieved 9 February 2017.
- Von Drehle, David (2 February 2017). "Is Steve Bannon the Second Most Powerful Man in the World?". Time. Retrieved 16 February 2017.
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