What we think about diamonds, is in fact, a myth. At the center of that myth is an illusion, that diamonds are valuable because they are rare. When writer Edward Epstein set out to investigate the diamond trade, he discovered that diamonds aren’t rare at all. Second only to Christmas, Valentine’s Day is the holiday when diamonds are most often given as the ultimate
Economics - Page 8
Utilizing excerpts from the award-winning non-fiction text A Small Place by Jamaica Kincaid, Life & Debt is a woven tapestry of sequences all focusing on the stories of individual Jamaicans whose strategies for survival and parameters of day-to-day existence are determined by the U.S. and other foreign economic agendas. By combining traditional
371 Swiss banks stand accused of collaborating with the Nazis during World War II. This was suspected at the time by by U.S. Secretary of Treasury Henry Morgenthau, who began investigating this collaboration. He found the Swiss were not alone. His archives reveal that both British and American bankers continued to do business with Hitler, even as Germany
In Debt We Trust shows how the mall replaced the factory as America’s dominant economic engine and how big banks and credit card companies buy our Congress and drive us into what a former major bank economist calls modern serfdom. Americans and our government owe trillions in consumer debt and the national debt, a large amount of it to big banks and billions to
The Congress shall have Power To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures; No State shall make any Thing but gold and silver Coin a Tender in Payment of debts. Find out why some feel the Federal Reserve’s practices are a violation of the U.S. Constitution and others feel it’s simply
We heard rumors of a new kind of economy emerging in Argentina. With hundreds of factories closing, waves of workers were locking themselves inside and running the workplaces on their own, with no bosses. Where we come from, a closed factory is just an inevitable effect of a model, the end of a story. In Argentina today, it’s just the beginning. In suburban
Sometimes we have no choice, we work till dawn. When you work all night you become dizzy and your eyes hurt because you can’t take any breaks. SANTA’S WORKSHOP takes you to the real world of China’s toy factories. Workers tell us about long working hours, low wages, and dangerous work places. Those who protest or try to organize trade unions risk imprisonment.
Money is a new form of slavery, and distinguishable from the old simply by the fact that it is impersonal, there is no human relation between master and slave. Debt- government, corporate and household has reached astronomical proportions. Where does all this money come from? How could there BE that much money to lend? The answer is…there isn’t.
Basil Gelpke and Ray McCormack’s nonfiction treatise Crude Awakening joins Maxed Out, An Inconvenient Truth, and other recent documentaries devoted to unearthing and exploring forces that are untying the connective threads of contemporary society. The subject at hand is crude oil – specifically, the depletion of petroleum from the Earth, in an era when
At this writing in early 2006, the principal players in the sordid drama of Enron — believed by some accusers to be the most egregious corporate malefactors in American history — are about to go on trial for pillaging their company and devaluing its stock, leaving thousands of employees and investors holding the bag while they absconded with millions.