blog




  • Essay / Inside Job Movie Review - 735

    The movie “Inside Job” proves how the neoliberal system has transformed this world into chaos. I find this film very informative, hard to believe but it shows the reality of the world in which we live. The film is structured into five parts: how we got here, the bubble, the crisis, the responsibility and where we are now. The film exposes how academic economic experts, politicians and corporate boards use their political influence over the financial sector. These experts are extremely corrupt and above all very selfish. They have no feeling for the majority and are completely ignorant of inequalities. They all work together based on the same ideas, use the same techniques and strategies to make money. They come up with complex policies and laws that are difficult for people to understand, and they are the only ones who benefit from these laws. What really amazes me is how this minority uses their power and expertise to dominate the majority. They exploit the majority or the working class to always be on top of their game. They exercise the same functions in a circle and are appointed individually to the same cabinets. They move from one company to another and teach in well-known schools. I see the impact of their power not only on the financial sector but also on the education system. Basically, they build and control the system. David Harvey's theory of how neoliberalism achieved its growth was confirmed in this documentary. In this article, I will talk about how the four elements of accumulation by dispossession, namely privatization, financialization, crisis manipulation and state redistributions, are verified throughout the film. The film began with the deregulation of Iceland and the impact of privatization. ..... middle of paper ......ent bailout plan. The State has become the main agent of redistribution policies. They sought redistribution by revising the tax code to favor returns on investment rather than income and wages. Many workers have been laid off, and the Obama administration's financial reform has failed to solve the problem. All the top executives who caused the crisis happened to be Obama's economic advisors. This financial crisis has caused a lot of problems and inequality in our society. We live in a world of corruption where those who operate the system benefit the most. I don't see any change in the coming year if we stay in this neoliberal system where there is a conflict between capitalism and democracy, the ruling class and the working class. We can only change this corrupt system if we all come together and force change in Washington and Wall Street..