Economics
Christoph Gröner is one of the richest people in Germany. The son of two teachers, he has worked his way to the top. He believes that many children in Germany grow up without a fair chance and wants to step in. But can this really ease inequality?
Christoph Gröner does everything he can to drum up donations and convince the wealthy auction guests to raise their bids. The more the luxury watch for sale fetches, the more money there will be to pay for a new football field, or some extra tutoring, at a children's home. Christoph Gröner is one of the richest people in Germany - his company is now worth one billion euros, he tells us. For seven months, he let our cameras follow him - into board meetings, onto construction sites, through his daily life, and in his charity work. He knows that someone like him is an absolute exception in Germany. His parents were both teachers, and he still worked his way to the top. He believes that many children in Germany grow up without a fair chance. "What we see here is total failure across the board,” he says. "It starts with parents who just don’t get it and can’t do anything right. And then there’s an education policy that has opened the gates wide to the chaos we are experiencing today." Chistoph Gröner wants to step in where state institutions have failed. But can that really ease inequality?
In Germany, getting ahead depends more on where you come from than in most other industrialized countries, and social mobility is normally quite restricted. Those on top stay on top. The same goes for those at the bottom. A new study shows that Germany’s rich and poor both increasingly stay amongst themselves, without ever intermingling with other social strata. Even the middle class is buckling under the mounting pressure of an unsecure future. "Land of Inequality" searches for answers as to why. We talk to families, an underpaid nurse, as well as leading researchers and analysts such as economic Nobel Prize laureate Joseph Stiglitz, sociologist Jutta Allmendinger or the economist Raj Chetty, who conducted a Stanford investigation into how the middle class is now arming itself to improve their children’s outlooks.
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Watch Part I
Inequality - how wealth becomes power
https://youtu.be/AFIxi7BiScI
Part 3 Inequality - how wealth becomes power
https://youtu.be/wEufTD39xrw
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Germany is one of the world’s richest countries, but inequality is on the rise. The wealthy are pulling ahead, while the poor are falling behind.
For the middle classes, work is no longer a means of advancement. Instead, they are struggling to maintain their position and status. Young people today have less disposable income than previous generations. This documentary explores the question of inequality in Germany, providing both background analysis and statistics. The filmmakers interview leading researchers and experts on the topic. And they accompany Christoph Gröner, one of Germany’s biggest real estate developers, as he goes about his work. "If you have great wealth, you can’t fritter it away through consumption. If you throw money out the window, it comes back in through the front door,” Gröner says. The real estate developer builds multi-family residential units in cities across Germany, sells condominium apartments, and is involved in planning projects that span entire districts. "Entrepreneurs are more powerful than politicians, because we’re more independent,” Gröner concludes. Leading researchers and experts on the topic of inequality also weigh in, including Nobel-prize winning economist Joseph Stiglitz, economist Thomas Piketty, and Brooke Harrington, who carried out extensive field research among investors from the ranks of the international financial elite. Branko Milanović, a former lead economist at the World Bank, says that globalization is playing a role in rising inequality. The losers of globalization are the lower-middle class of affluent countries like Germany. "These people are earning the same today as 20 years ago," Milanović notes. "Just like a century ago, humankind is standing at a crossroads. Will affluent countries allow rising equality to tear apart the fabric of society? Or will they resist this trend?”
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97% Owned: The Truth Behind Money, Credit and Financial Crisis | Business Documentary from 2012
When money drives almost all activity on the planet, it’s essential that we understand it. The documentary 97% Owned aims to answer questions like: Where does the money come from? Who creates it? Who decides how it gets used? And what does that mean for the millions of ordinary people who suffer when money and finance break down?97% Owned reveals how the creation of credit and the mystery that surrounds it. The documentary goes at the root of our current social and economic crisis. Referring to the 97% of the world’s money supply that is represented by credit, this thought-provoking film presents serious research and verifiable evidence on our economic and financial system. Featuring frank interviews and commentary from economists, campaigners and former bankers, it exposes the privatized, debt-based monetary system that gives banks the power to create money, shape the economy, cause crises and push house prices out of reach. Fact-based and clearly explained, 97% Owned demonstrates how the power to create money is the piece of the puzzle that economists were missing when they failed to predict the crisis.▬▬▬▬▬▬▬▬▬Subscribe ENDEVR for free: https://bit.ly/3e9YRRGJoin the club and become a Patron: https://www.patreon.com/freedocumentaryFacebook: https://bit.ly/2QfRxbGInstagram: https://www.instagram.com/ende....vrdocs/▬▬▬▬▬▬▬▬▬#Fre #ENDEVR #97%Owned▬▬▬▬▬▬▬▬▬ENDEVR explains the world we live in through high-class documentaries, special investigations, explainer videos and animations. We cover topics related to business, economics, geopolitics, social issues and everything in between that we think are interesting.
How Britain transformed from a colonial power into a global financial power. At the demise of empire, City of London financial interests created a web of offshore secrecy jurisdictions that captured wealth from across the globe and hid it behind obscure financial structures in a web of offshore islands.
Content licensed from Sideways Film. Any queries, please contact us at: owned-enquiries@littledotstudios.com
Thorough breakdown of private central banking and how printing money is the nexus of control for the international bankers. Although this is information is based on centuries of repetitious behavior of the financial elite, it is completely off-limits in the controlled media because it exposes the root source of the world's monetary enslavement: fractional reserve lending and a private corporation (the federal reserve) printing the money supply.
End of the Road: How Money Became Worthless | Gold | Financial Crisis | ENDEVR Documentary from 2012.
In 2008 the world experienced one of the greatest financial turmoils in modern history. Markets around the world started crashing, stock prices plummeted, and major financial institutions, once thought to be invincible, started showing signs of collapse. Governments responded quickly, issuing massive bailouts and stimulus packages in an effort to keep the world economy afloat.Although we’ve been told that these drastic measures prevented a total collapse of our system, a growing sense of unease fills the population. In the world of finance, indeed in all facets of modern life, cracks have started to appear. What lies ahead as a result of these bold money printing measures? Was the financial crisis solved, or were the problems merely kicked down the road?▬▬▬▬▬▬▬▬▬Subscribe ENDEVR for free: https://bit.ly/3e9YRRGJoin the club and become a Patron: https://www.patreon.com/freedocumentaryFacebook: https://bit.ly/2QfRxbGInstagram: https://www.instagram.com/ende....vrdocs/▬▬▬▬▬▬▬▬▬#Fre #ENDEVR #EndOfTheRoad▬▬▬▬▬▬▬▬▬ENDEVR explains the world we live in through high-class documentaries, special investigations, explainer videos and animations. We cover topics related to business, economics, geopolitics, social issues and everything in between that we think are interesting.
Blood Diamonds Forever (UK) Angola [2003]
Diamond Mining: Sierra Leone
Deadly Diamonds (2009): Could Zimbabwe be suspended from the global diamond trade in the aftermath of the massacre at the Marange diamonds fields?
Did Robert Mugabes security forces seize control of a lucrative diamond field by gunning down hundreds of miners? With shocking evidence now uncovered, Zimbabwe's diamond trade faces suspension."We were told here are the guns, sitting in the truck, do you want to stay?" says Andrew Cranswick, CEO of the mining company who owns the rights to mine diamonds in Marange. After his company was evicted, the Marange fields were opened up to the people and tens of thousands of Zimbabweans came to dig, paying the police a commission. Yet the police didn't always play fair - "$15 million worth of diamonds were confiscated", says one former miner and soon the police were replaced by Mugabe's own military. "Mugabe needed a way to buy the loyalty of the army" says Ken Roth, "the military were ordered to kill".In the first week of November, helicopter gunships launched a massacre on the Marange diamond fields. Evidence has been collected of 200 deaths. Those who weren't killed were raped or crippled. "They told us if we wanted to go home we had to sleep with the men", says one woman, "the soldiers watched and laughed". Next month, the Kimberley process, the international body charged with stopping trade in conflict diamonds, will decide whether Zimbabwe should be suspended. Yet with many Western governments involved in Zimbabwe's diamond trade, a former delegate of the Kimberley process believes this deadly business may yet be protected.
War and the Diamonds of Sierra Leone.