1 00:00:02,000 --> 00:00:07,000 Downloaded from YTS.MX 2 00:00:08,000 --> 00:00:13,000 Official YIFY movies site: YTS.MX 3 00:00:08,141 --> 00:00:09,876 [♪] 4 00:00:16,216 --> 00:00:19,219 [Wendy Brown] What did the Enlightenment promise us? 5 00:00:22,655 --> 00:00:24,958 It promised us freedom 6 00:00:24,958 --> 00:00:28,595 on the basis of being able to think for ourselves, 7 00:00:28,595 --> 00:00:31,898 and thus govern ourselves. 8 00:00:31,898 --> 00:00:35,602 That was really the premise. 9 00:00:35,602 --> 00:00:39,639 That if we were released from constraints of myth 10 00:00:39,639 --> 00:00:41,474 and tradition, 11 00:00:41,474 --> 00:00:44,544 released to be able to think, 12 00:00:44,544 --> 00:00:45,712 and reason, 13 00:00:45,712 --> 00:00:49,549 and discover what was true for ourselves, 14 00:00:49,549 --> 00:00:54,254 that that was the source of our freedom... 15 00:00:54,254 --> 00:00:57,857 but something happened at the end of the 20th Century, 16 00:00:57,857 --> 00:01:02,896 which was this new way of thinking about society 17 00:01:02,896 --> 00:01:04,431 and human beings 18 00:01:04,431 --> 00:01:07,067 as a market. 19 00:01:07,067 --> 00:01:09,736 What does it mean to rule yourself 20 00:01:09,736 --> 00:01:12,238 if we are all meant to think of ourselves 21 00:01:12,238 --> 00:01:14,507 as commodities, 22 00:01:14,507 --> 00:01:17,610 and everything is marketized? 23 00:01:17,610 --> 00:01:19,379 What's really tragic 24 00:01:19,379 --> 00:01:23,883 about the economization of every aspect of life 25 00:01:23,883 --> 00:01:26,486 is that we're really seeing the Enlightenment dream 26 00:01:26,486 --> 00:01:29,089 come to a kind of end, 27 00:01:29,089 --> 00:01:33,059 where the mandates of a financialized society 28 00:01:33,059 --> 00:01:35,728 all but extinguish the real freedom 29 00:01:35,728 --> 00:01:40,233 to make yourself according to your own lights. 30 00:01:52,545 --> 00:01:53,546 [Narrator] In the early 2000s, 31 00:01:53,546 --> 00:01:55,381 we made a film, 32 00:01:55,381 --> 00:01:56,549 "The Corporation." 33 00:01:58,318 --> 00:02:01,354 We argued that large publicly-traded corporations 34 00:02:01,354 --> 00:02:04,924 are programmed relentlessly to pursue profit and growth, 35 00:02:04,924 --> 00:02:08,228 and have become the dominant institutions of our time. 36 00:02:09,429 --> 00:02:13,066 We showed that the corporation is deemed, by law, 37 00:02:13,066 --> 00:02:14,934 to be a person. 38 00:02:14,934 --> 00:02:17,604 That it has the same rights as human beings, 39 00:02:17,604 --> 00:02:18,938 sometimes even more. 40 00:02:21,708 --> 00:02:24,310 So we posed the question, 41 00:02:24,310 --> 00:02:28,381 if the corporation is legally a person, 42 00:02:28,381 --> 00:02:29,716 what kind of person is it? 43 00:02:30,884 --> 00:02:32,719 We analyzed it 44 00:02:32,719 --> 00:02:35,421 the way a psychiatrist would analyze a patient. 45 00:02:35,421 --> 00:02:37,056 We found its character 46 00:02:37,056 --> 00:02:40,059 to be pathologically self-interested. 47 00:02:41,227 --> 00:02:44,230 Now with the world in crisis, 48 00:02:44,230 --> 00:02:45,865 climate change, 49 00:02:45,865 --> 00:02:47,901 spiralling inequality, 50 00:02:47,901 --> 00:02:49,969 a global pandemic, 51 00:02:49,969 --> 00:02:52,572 we re-examine the corporation, 52 00:02:52,572 --> 00:02:54,607 how it's changed, 53 00:02:54,607 --> 00:02:58,878 how it's changing our world, 54 00:02:58,878 --> 00:03:02,015 and how it's changing our very sense of who we are. 55 00:03:10,924 --> 00:03:12,559 To begin this story, 56 00:03:12,559 --> 00:03:15,061 we take you back to the 2000s. 57 00:03:15,061 --> 00:03:18,731 At that time, the corporation was in crisis. 58 00:03:19,766 --> 00:03:22,402 This meeting will come to order. 59 00:03:22,402 --> 00:03:24,904 This is a case of America's largest corporate bankruptcy. 60 00:03:24,904 --> 00:03:26,973 [Narrator] Enron and WorldCom 61 00:03:26,973 --> 00:03:29,042 had collapsed in corporate scandals 62 00:03:29,042 --> 00:03:30,543 of unprecedented magnitude. 63 00:03:34,047 --> 00:03:36,382 Corporations were being called out for malfeasance 64 00:03:36,382 --> 00:03:40,520 that was destroying lives and the environment. 65 00:03:44,324 --> 00:03:46,559 Around the same time, 66 00:03:46,559 --> 00:03:49,095 globalization was sparking worldwide protests 67 00:03:49,095 --> 00:03:52,932 against the growing power and impunity of the corporation, 68 00:03:52,932 --> 00:03:55,001 and our first film had just charged 69 00:03:55,001 --> 00:03:59,405 that corporations are institutional psychopaths. 70 00:03:59,405 --> 00:04:03,376 [John Coyne] I think calling corporations psychopaths 71 00:04:03,376 --> 00:04:05,478 absolutely had an impact, 72 00:04:05,478 --> 00:04:07,113 and I can say that for myself. 73 00:04:07,113 --> 00:04:11,417 When I had to consume that particular thought, 74 00:04:11,417 --> 00:04:13,519 that was, um... 75 00:04:13,519 --> 00:04:15,555 that was interesting, 76 00:04:15,555 --> 00:04:18,024 to use a very soft word. 77 00:04:18,024 --> 00:04:19,926 Uh, it was outrageous. 78 00:04:19,926 --> 00:04:22,028 Has it influenced it? Yes. 79 00:04:22,028 --> 00:04:23,730 Are we on the road to recovery? 80 00:04:23,730 --> 00:04:25,898 I hope... I hope we are. 81 00:04:29,102 --> 00:04:30,270 [Peter Dauvergne] About 2005, 82 00:04:30,270 --> 00:04:31,904 we started to see 83 00:04:31,904 --> 00:04:34,641 many of the world's biggest branded companies 84 00:04:34,641 --> 00:04:37,777 suddenly making very sweeping promises. 85 00:04:39,045 --> 00:04:42,148 Promises such as 100% carbon neutrality, 86 00:04:42,148 --> 00:04:44,651 zero waste to landfills, 87 00:04:44,651 --> 00:04:46,886 zero deforestation, 88 00:04:46,886 --> 00:04:48,321 100% recycling, 89 00:04:48,321 --> 00:04:51,858 a real and significant shift. 90 00:04:53,760 --> 00:04:54,961 [Narrator] Since that shift, 91 00:04:54,961 --> 00:04:58,264 corporations have mounted a major charm offensive, 92 00:04:58,264 --> 00:04:59,732 rebranding themselves 93 00:04:59,732 --> 00:05:02,402 and rebranding the entire capitalist system 94 00:05:02,402 --> 00:05:04,103 as having changed, 95 00:05:04,103 --> 00:05:08,207 having evolved into something new and improved. 96 00:05:08,207 --> 00:05:10,009 [♪] 97 00:05:18,518 --> 00:05:20,153 [John Coyne] I think there is genuinely 98 00:05:20,153 --> 00:05:23,389 a different dialogue that's taking place 99 00:05:23,389 --> 00:05:24,490 about corporations 100 00:05:24,490 --> 00:05:27,226 and the role that they play in society. 101 00:05:29,429 --> 00:05:32,732 That cult of shareholder value has seen its day 102 00:05:32,732 --> 00:05:34,400 as the narrow construct 103 00:05:34,400 --> 00:05:37,403 for how companies operate in society. 104 00:05:37,403 --> 00:05:38,905 [Narrator] Wait, what did he say? 105 00:05:38,905 --> 00:05:40,006 [tape rewinding] 106 00:05:40,006 --> 00:05:42,709 That cult of shareholder value has seen its day, 107 00:05:42,709 --> 00:05:44,711 as the narrow construct 108 00:05:44,711 --> 00:05:48,181 for how companies operate in society. 109 00:05:48,181 --> 00:05:49,315 [Narrator] This idea 110 00:05:49,315 --> 00:05:50,883 that making money for shareholders 111 00:05:50,883 --> 00:05:53,486 is no longer the Corporation's only goal, 112 00:05:53,486 --> 00:05:55,321 it's the essence of the new story, 113 00:05:55,321 --> 00:05:58,725 the story Corporations now tell about themselves. 114 00:06:02,628 --> 00:06:04,130 [Klaus Schwab] What is the purpose of a company? 115 00:06:04,130 --> 00:06:06,432 Is it just to make money? 116 00:06:06,432 --> 00:06:08,067 [Narrator] This is Klaus Schwab, 117 00:06:08,067 --> 00:06:09,502 the man who first came up with the idea 118 00:06:09,502 --> 00:06:11,404 of a new kind of corporation. 119 00:06:11,404 --> 00:06:13,106 Companies recognize 120 00:06:13,106 --> 00:06:16,042 that they have a special responsibility, 121 00:06:16,042 --> 00:06:17,944 how we combine, 122 00:06:17,944 --> 00:06:24,384 or how we blend money-making and social responsibility. 123 00:06:26,719 --> 00:06:28,888 [Narrator] To advance his ideas, 124 00:06:28,888 --> 00:06:31,424 Schwab built the world's most important annual gathering 125 00:06:31,424 --> 00:06:34,360 of corporate titans and world leaders. 126 00:06:38,398 --> 00:06:39,465 [Sandra Navidi] Every year, 127 00:06:39,465 --> 00:06:40,767 Davos, in Switzerland, 128 00:06:40,767 --> 00:06:42,068 hosts one of 129 00:06:42,068 --> 00:06:45,438 the most important gatherings of the global super elite. 130 00:06:45,438 --> 00:06:47,073 It's kind of the first stop 131 00:06:47,073 --> 00:06:50,343 in the elite's yearly migration route. 132 00:06:52,678 --> 00:06:54,981 People who are successful and make a lot of money 133 00:06:54,981 --> 00:06:56,482 are a dime a dozen, 134 00:06:56,482 --> 00:06:58,885 but these are the people who are the most successful. 135 00:06:58,885 --> 00:07:01,554 [♪] 136 00:07:08,795 --> 00:07:11,130 [Narrator] But Davos isn't only a meeting place 137 00:07:11,130 --> 00:07:13,733 for the super elite. 138 00:07:13,733 --> 00:07:15,234 It's also where corporate chiefs and government leaders 139 00:07:15,234 --> 00:07:16,903 come together each year 140 00:07:16,903 --> 00:07:19,071 to promote the story of the new corporation... 141 00:07:21,274 --> 00:07:24,510 that corporations are conscientious now, 142 00:07:24,510 --> 00:07:26,379 no longer greedy and selfish, 143 00:07:26,379 --> 00:07:31,217 but poised to help make the world a better place. 144 00:07:37,590 --> 00:07:40,593 Sandra Navidi is a Davos insider, 145 00:07:40,593 --> 00:07:41,694 and author of a book 146 00:07:41,694 --> 00:07:44,063 about the world's most powerful players. 147 00:07:44,063 --> 00:07:46,799 [Navidi] These financial elites have great power, 148 00:07:46,799 --> 00:07:47,934 and in some instances, 149 00:07:47,934 --> 00:07:50,603 this power actually exceeds those 150 00:07:50,603 --> 00:07:54,106 of democratically-elected people or institutions. 151 00:07:59,045 --> 00:08:01,180 [Narrator] This is Jamie Dimon. 152 00:08:01,180 --> 00:08:03,883 He heads the biggest bank in the United States, 153 00:08:03,883 --> 00:08:07,253 and is a leading voice for corporate America. 154 00:08:08,721 --> 00:08:12,391 So, the Jamie Dimon reception, 155 00:08:12,391 --> 00:08:15,595 there will be some introduction to the clients, right? 156 00:08:16,629 --> 00:08:18,397 [Narrator] This is Sanjay Jain, 157 00:08:18,397 --> 00:08:22,401 one of Dimon's top executives at JP Morgan Chase. 158 00:08:22,401 --> 00:08:25,605 He's advising a prospective client... 159 00:08:25,605 --> 00:08:27,907 No, but I knew that, uh, we needed to be here, 160 00:08:27,907 --> 00:08:29,709 because Davos is the place 161 00:08:29,709 --> 00:08:32,845 where all these people come together for a week. 162 00:08:32,845 --> 00:08:35,214 It's insane what happens here. 163 00:08:36,749 --> 00:08:37,884 [Narrator] ...and here's the client, 164 00:08:37,884 --> 00:08:39,085 Bibop Gresta. 165 00:08:39,085 --> 00:08:42,054 Hi. Bibop Gresta, very nice to meet you. 166 00:08:42,054 --> 00:08:43,923 [Narrator] He's looking for investors in his company, 167 00:08:43,923 --> 00:08:45,725 that's developing a transportation capsule 168 00:08:45,725 --> 00:08:47,860 that travels at the speed of sound. 169 00:08:49,228 --> 00:08:50,463 Sorry. 170 00:08:50,463 --> 00:08:51,697 [murmuring] 171 00:08:52,765 --> 00:08:54,233 Sorry, excuse me. [chuckles] 172 00:08:57,236 --> 00:09:01,674 Hi. It's Bibop Gresta, Chairman of Hyperloop. 173 00:09:01,674 --> 00:09:03,376 Nice to meet you... 174 00:09:03,376 --> 00:09:04,877 [voice inaudible] 175 00:09:04,877 --> 00:09:06,946 Oh, good, yeah, I saw some of your colleagues. 176 00:09:06,946 --> 00:09:08,447 Thank you. Good luck to you. 177 00:09:40,279 --> 00:09:41,714 Hey, you're here! 178 00:09:41,714 --> 00:09:42,949 How are you? 179 00:09:42,949 --> 00:09:44,584 Jamie, thank you for inviting me. 180 00:09:44,584 --> 00:09:46,152 Are you going, like, to a black tie tonight? 181 00:09:46,152 --> 00:09:47,386 Well, yeah, they said-- 182 00:09:47,386 --> 00:09:48,754 Or are you just dressed like this? 183 00:09:48,754 --> 00:09:49,889 [laughs] No, I was in the-- 184 00:09:49,889 --> 00:09:52,191 I was telling Tony Blair... 185 00:09:52,191 --> 00:09:53,225 How are you? Nice to meet you. 186 00:09:53,225 --> 00:09:54,727 ...you, you guys have something in common. 187 00:09:54,727 --> 00:09:55,561 -Yes. -You were in a rock band. 188 00:09:55,561 --> 00:09:57,563 [laughing] Right. 189 00:09:57,563 --> 00:09:59,432 He had his own rock band before he was Prime Minister. 190 00:09:59,432 --> 00:10:00,566 That's true, that's true... 191 00:10:00,566 --> 00:10:01,667 I don't know what I was expecting 192 00:10:01,667 --> 00:10:04,170 from a person like Jamie Dimon. 193 00:10:04,170 --> 00:10:05,938 I discovered a person 194 00:10:05,938 --> 00:10:08,541 that installed a very great culture 195 00:10:08,541 --> 00:10:09,809 inside their company. 196 00:10:09,809 --> 00:10:13,613 They're starting programs trying to improve society, 197 00:10:13,613 --> 00:10:16,716 creating a special program for Detroit, 198 00:10:16,716 --> 00:10:18,184 reconstruct it completely, 199 00:10:18,184 --> 00:10:20,319 I wasn't expecting that. 200 00:10:20,319 --> 00:10:22,221 I knew what you've done for Detroit 201 00:10:22,221 --> 00:10:24,657 and all the effort that you did to save it, 202 00:10:24,657 --> 00:10:27,059 and it's not public yet, 203 00:10:27,059 --> 00:10:29,895 but we are... we signed a deal with Ohio 204 00:10:29,895 --> 00:10:33,232 to actually build a Hyperloop to Detroit. 205 00:10:33,232 --> 00:10:34,567 We are trying to contribute, 206 00:10:34,567 --> 00:10:36,302 following your example. 207 00:10:36,302 --> 00:10:38,237 I think it's a very important project. 208 00:10:38,237 --> 00:10:41,407 It's a big, big year for us. 209 00:10:41,407 --> 00:10:42,675 It's exciting. 210 00:10:42,675 --> 00:10:43,676 I'll see you in a couple weeks. 211 00:10:43,676 --> 00:10:44,944 Okay, okay, thank you. 212 00:10:44,944 --> 00:10:46,612 Thank you very much. 213 00:10:46,612 --> 00:10:50,883 [Schwab] Davos is a place of interaction, of dialogue. 214 00:10:50,883 --> 00:10:54,220 We look at the ecosystem of what's happening, 215 00:10:54,220 --> 00:10:57,723 but always with a sense of responsibility 216 00:10:57,723 --> 00:10:59,725 for us, 217 00:10:59,725 --> 00:11:02,561 and "us," it means not just one country, 218 00:11:02,561 --> 00:11:04,196 not just one person. 219 00:11:04,196 --> 00:11:05,631 I think at the end, 220 00:11:05,631 --> 00:11:10,102 we are all a globally interdependent humankind. 221 00:11:23,716 --> 00:11:24,817 [Valerie Keller] So here in Davos, 222 00:11:24,817 --> 00:11:26,719 we debated the motion, 223 00:11:26,719 --> 00:11:28,421 is the business of business still just business, 224 00:11:28,421 --> 00:11:29,689 and interestingly, 225 00:11:29,689 --> 00:11:32,358 more than 80% said no, 226 00:11:32,358 --> 00:11:33,893 in today's transformative age, 227 00:11:33,893 --> 00:11:35,227 business has a wider accountability 228 00:11:35,227 --> 00:11:37,129 and opportunity. 229 00:11:37,129 --> 00:11:39,732 We're in a new age of doing business. 230 00:11:39,732 --> 00:11:42,401 You need to give back. 231 00:11:42,401 --> 00:11:44,904 You need to be part of the solution. 232 00:11:44,904 --> 00:11:47,840 Society is demanding that companies, 233 00:11:47,840 --> 00:11:50,710 both public and private, 234 00:11:50,710 --> 00:11:52,878 serve a social purpose. 235 00:11:52,878 --> 00:11:55,114 [Keller] There is a new possibility. 236 00:11:55,114 --> 00:11:57,550 We can imagine something different. 237 00:11:57,550 --> 00:11:58,884 It takes courageous leadership, 238 00:11:58,884 --> 00:12:01,053 and it takes people who get it here, 239 00:12:01,053 --> 00:12:02,321 and who get it here, 240 00:12:02,321 --> 00:12:04,724 and who understand that life is short and precious, 241 00:12:04,724 --> 00:12:06,726 and if we're in positions of power and influence, 242 00:12:06,726 --> 00:12:09,729 that we should use that to help shift the paradigm, 243 00:12:09,729 --> 00:12:11,397 and the possibility of what it means 244 00:12:11,397 --> 00:12:12,898 to be a business on the planet, 245 00:12:12,898 --> 00:12:15,234 and what it means to be a human being. 246 00:12:15,234 --> 00:12:16,635 [Narrator] It all sounds so good, 247 00:12:16,635 --> 00:12:19,472 this talk of a new kind of corporation, 248 00:12:19,472 --> 00:12:22,775 in Davos and everywhere else. 249 00:12:22,775 --> 00:12:24,777 [Paul Mason] For many businesses, 250 00:12:24,777 --> 00:12:27,012 the commitment to the triple bottom line 251 00:12:27,012 --> 00:12:29,215 of people, profit, and planet 252 00:12:29,215 --> 00:12:30,316 is real. 253 00:12:30,316 --> 00:12:33,886 The problem is the capitalist system as a whole 254 00:12:33,886 --> 00:12:36,222 is not committed to that. 255 00:12:36,222 --> 00:12:38,724 [Elizabeth May] There are CEOs and corporate boards 256 00:12:38,724 --> 00:12:40,192 attempting to do good in the world. 257 00:12:40,192 --> 00:12:42,394 There clearly are... 258 00:12:43,963 --> 00:12:45,598 but the notion 259 00:12:45,598 --> 00:12:48,134 that there's anything inherently socially responsible 260 00:12:48,134 --> 00:12:49,435 about a corporation 261 00:12:49,435 --> 00:12:51,904 is a counterintuitive proposition. 262 00:12:54,140 --> 00:12:56,942 By law, the corporation exists for one reason-- 263 00:12:56,942 --> 00:12:59,979 to return benefits to shareholders. 264 00:12:59,979 --> 00:13:01,380 There is no such thing 265 00:13:01,380 --> 00:13:03,582 as corporate social responsibility. 266 00:13:03,582 --> 00:13:06,352 Corporations don't have the leeway 267 00:13:06,352 --> 00:13:08,387 to sacrifice shareholder returns 268 00:13:08,387 --> 00:13:09,922 for doing whatever they want, 269 00:13:09,922 --> 00:13:12,558 or whatever they believe is socially responsible. 270 00:13:15,628 --> 00:13:17,196 [Narrator] What then do we make 271 00:13:17,196 --> 00:13:19,198 of the corporation's new image? 272 00:13:19,198 --> 00:13:22,268 Of the claim corporations have changed? 273 00:13:23,135 --> 00:13:25,271 Since our last film, 274 00:13:25,271 --> 00:13:27,439 the American Psychiatric Association 275 00:13:27,439 --> 00:13:31,043 has added a new item to its diagnostic checklist. 276 00:13:42,588 --> 00:13:46,058 You always have to come back, as a leader, to purpose. 277 00:13:46,058 --> 00:13:47,059 Why are we here? 278 00:13:47,059 --> 00:13:48,894 Why are we doing business? 279 00:13:48,894 --> 00:13:51,397 And we want to do business for the long term. 280 00:13:51,397 --> 00:13:55,234 Values are part of a purpose of a company. 281 00:13:56,735 --> 00:13:58,237 [Narrator] John Browne is a leading voice 282 00:13:58,237 --> 00:13:59,238 in today's 283 00:13:59,238 --> 00:14:01,240 new corporation movement. 284 00:14:01,240 --> 00:14:02,274 When he was CEO 285 00:14:02,274 --> 00:14:04,844 of the world's second largest oil company, 286 00:14:04,844 --> 00:14:07,713 he professed deep environmental beliefs 287 00:14:07,713 --> 00:14:10,649 while achieving record profits and meteoric growth. 288 00:14:10,649 --> 00:14:12,051 Basically, for the first time, 289 00:14:12,051 --> 00:14:13,919 an oil company executive stepped forward to say 290 00:14:13,919 --> 00:14:16,055 "Global warming is a problem." 291 00:14:16,055 --> 00:14:18,457 It set BP apart. 292 00:14:18,457 --> 00:14:21,427 I think people are much more convinced now, 293 00:14:21,427 --> 00:14:22,862 at least around the world, 294 00:14:22,862 --> 00:14:27,066 that there is a real case to take precautionary action 295 00:14:27,066 --> 00:14:29,235 to avoid carbon concentrations 296 00:14:29,235 --> 00:14:31,437 going to beyond a critical level 297 00:14:31,437 --> 00:14:32,905 in the atmosphere... 298 00:14:32,905 --> 00:14:35,541 My sense is that John Browne's concerns are genuine, 299 00:14:35,541 --> 00:14:37,543 his interest in the environment is genuine, 300 00:14:37,543 --> 00:14:39,612 his concern for workers 301 00:14:39,612 --> 00:14:40,946 and for people's safety, 302 00:14:40,946 --> 00:14:43,682 theoretically, is genuine, 303 00:14:43,682 --> 00:14:47,052 but those desires are just inherently conflicting 304 00:14:47,052 --> 00:14:49,221 with the need to make money, 305 00:14:49,221 --> 00:14:51,223 because turning a profit for those corporations 306 00:14:51,223 --> 00:14:54,293 is always going to come first. 307 00:14:54,293 --> 00:14:55,294 [emergency call] I need 308 00:14:55,294 --> 00:14:57,062 an ambulance and E.M.T.s right now! 309 00:14:57,062 --> 00:14:59,064 There's people trapped in the trailer! 310 00:14:59,064 --> 00:15:00,933 They need help! 311 00:15:00,933 --> 00:15:05,271 [Browne] In 2005, when I was CEO of BP, 312 00:15:05,271 --> 00:15:08,540 we had a terrible tragedy. 313 00:15:08,540 --> 00:15:12,311 15 people died in a refinery explosion 314 00:15:12,311 --> 00:15:13,512 in Texas City. 315 00:15:14,680 --> 00:15:16,715 [news report] This is the second time 316 00:15:16,715 --> 00:15:17,549 people have died at this plant 317 00:15:17,549 --> 00:15:19,051 in less than a year. 318 00:15:19,051 --> 00:15:20,085 In that time, 319 00:15:20,085 --> 00:15:21,387 it has been fined 320 00:15:21,387 --> 00:15:23,255 for more than 14 safety violations. 321 00:15:25,624 --> 00:15:28,394 All of us at BP are very deeply saddened 322 00:15:28,394 --> 00:15:29,728 by the loss of life 323 00:15:29,728 --> 00:15:33,565 and injury suffered by so many people. 324 00:15:36,568 --> 00:15:38,237 [Browne] After Texas City, 325 00:15:38,237 --> 00:15:39,738 we were at pains-- 326 00:15:39,738 --> 00:15:43,876 at pains to say safety must never be compromised 327 00:15:43,876 --> 00:15:46,278 for financial performance. 328 00:15:46,278 --> 00:15:49,882 We were very concerned to make sure that safety, 329 00:15:49,882 --> 00:15:51,917 operational safety, 330 00:15:51,917 --> 00:15:53,052 process safety, 331 00:15:53,052 --> 00:15:54,553 took primacy. 332 00:15:54,553 --> 00:15:56,255 It's ridiculous for John Browne to suggest 333 00:15:56,255 --> 00:15:58,724 that he had adequately addressed process safety 334 00:15:58,724 --> 00:16:00,693 in the wake of the Texas City Refinery. 335 00:16:00,693 --> 00:16:01,927 It was less than a year later 336 00:16:01,927 --> 00:16:04,730 his company had a spill in Alaska, 337 00:16:04,730 --> 00:16:05,898 on oil pipelines, 338 00:16:05,898 --> 00:16:07,566 which, it turns out, were not maintained. 339 00:16:07,566 --> 00:16:09,635 [news report] Technicians at Prudoe Bay 340 00:16:09,635 --> 00:16:12,137 warned it was understaffed, 341 00:16:12,137 --> 00:16:13,605 lacking in routine maintenance, 342 00:16:13,605 --> 00:16:15,374 leak-prone, and vulnerable to explosions... 343 00:16:15,374 --> 00:16:17,209 [Lustgarten] There was a specific decision 344 00:16:17,209 --> 00:16:20,479 to save money by not running corrosion tests 345 00:16:20,479 --> 00:16:21,547 in those pipelines. 346 00:16:21,547 --> 00:16:23,315 It's the same kind of thing 347 00:16:23,315 --> 00:16:26,051 that led to the Texas City explosion. 348 00:16:27,553 --> 00:16:28,754 [Narrator] Yet BP claimed 349 00:16:28,754 --> 00:16:31,423 it had learned its lesson from Texas City. 350 00:16:31,423 --> 00:16:34,560 [Browne] In 2007, I left BP, 351 00:16:34,560 --> 00:16:36,295 and I thought, "This is great. 352 00:16:36,295 --> 00:16:39,598 This company has got it." 353 00:16:45,237 --> 00:16:47,406 [explosions roaring] 354 00:16:47,406 --> 00:16:50,876 [Browne] What was so depressing to me 355 00:16:50,876 --> 00:16:54,046 was that yet again people died... 356 00:16:57,149 --> 00:16:58,917 and while I wasn't there, 357 00:16:58,917 --> 00:17:01,387 and I didn't know what had happened, 358 00:17:01,387 --> 00:17:05,391 I could see some terrible echoes of history. 359 00:17:10,295 --> 00:17:12,731 [Narrator] While John Browne had left BP, 360 00:17:12,731 --> 00:17:15,734 some things hadn't changed. 361 00:17:15,734 --> 00:17:18,003 The poor decisions that led to the Deepwater Horizon 362 00:17:18,003 --> 00:17:22,374 echo and track what John Browne instituted in the company 363 00:17:22,374 --> 00:17:25,344 a decade or two before. 364 00:17:26,345 --> 00:17:28,547 John Browne pushed the largest cost cut 365 00:17:28,547 --> 00:17:29,548 that I've heard of 366 00:17:29,548 --> 00:17:30,682 at any corporation 367 00:17:30,682 --> 00:17:32,051 in any kind of industry, 368 00:17:32,051 --> 00:17:33,052 not just the oil industry. 369 00:17:33,052 --> 00:17:34,887 You can't do that 370 00:17:34,887 --> 00:17:36,889 without cutting corners on maintenance of equipment, 371 00:17:36,889 --> 00:17:39,758 without pushing timetables. 372 00:17:39,758 --> 00:17:42,061 That's the culture that he built. 373 00:17:51,403 --> 00:17:54,239 When given that choice between doing good, 374 00:17:54,239 --> 00:17:56,308 and doing well for your company, 375 00:17:56,308 --> 00:17:58,110 the fact that publicly-held companies 376 00:17:58,110 --> 00:18:00,779 have an obligation to deliver to their shareholders, 377 00:18:00,779 --> 00:18:02,147 making those profits 378 00:18:02,147 --> 00:18:03,682 will always be the highest priority. 379 00:18:03,682 --> 00:18:05,918 Those trend lines are just headed in opposite directions, 380 00:18:05,918 --> 00:18:08,253 and I think they always will be. 381 00:18:14,693 --> 00:18:16,295 [Jamie Dimon] We are a-- just to make it clear-- 382 00:18:16,295 --> 00:18:18,230 a for-profit institution... 383 00:18:18,230 --> 00:18:19,565 [laughter] 384 00:18:19,565 --> 00:18:22,901 ...and we are making an investment in Detroit. 385 00:18:22,901 --> 00:18:24,236 [Narrator] Remember Jamie Dimon? 386 00:18:24,236 --> 00:18:27,072 From JP Morgan Chase? 387 00:18:27,072 --> 00:18:31,210 He's the CEO who wants to save Detroit. 388 00:18:31,210 --> 00:18:35,714 Detroit was devastated by the 2008 financial crisis. 389 00:18:35,714 --> 00:18:38,383 A third of its homes were abandoned. 390 00:18:38,383 --> 00:18:39,718 Over the next five years, 391 00:18:39,718 --> 00:18:42,855 it spiraled towards rock bottom. 392 00:18:42,855 --> 00:18:43,889 [news report] When the 2008 financial crisis 393 00:18:43,889 --> 00:18:46,458 hammered North America, 394 00:18:46,458 --> 00:18:49,228 long-suffering Detroit was hit especially hard. 395 00:18:49,228 --> 00:18:51,396 Detroit is officially the largest city in history 396 00:18:51,396 --> 00:18:54,233 to file for bankruptcy. 397 00:18:55,901 --> 00:18:56,935 [Narrator] After bankruptcy, 398 00:18:56,935 --> 00:18:59,104 Jamie Dimon and his bank stepped in 399 00:18:59,104 --> 00:19:00,639 with vast amounts of capital. 400 00:19:00,639 --> 00:19:01,740 Why Detroit? 401 00:19:01,740 --> 00:19:03,542 So obviously it's good for the bank, 402 00:19:03,542 --> 00:19:05,210 but it's part humanity. 403 00:19:05,210 --> 00:19:06,712 You're trying to help your city and your people come back, 404 00:19:06,712 --> 00:19:09,381 and recover from what have been, basically, a terrible 20 years. 405 00:19:09,381 --> 00:19:12,050 [Robert Reich] Jamie Dimon wants to rescue Detroit, 406 00:19:12,050 --> 00:19:13,719 but what's misleading 407 00:19:13,719 --> 00:19:16,388 is he wants America to believe 408 00:19:16,388 --> 00:19:17,923 that he, 409 00:19:17,923 --> 00:19:20,759 and, by implication, JP Morgan Chase Bank, 410 00:19:20,759 --> 00:19:22,060 are somehow the good guys, 411 00:19:22,060 --> 00:19:23,562 that they are leading us 412 00:19:23,562 --> 00:19:25,597 in a direction we ought to be going in, 413 00:19:25,597 --> 00:19:26,899 without-- 414 00:19:26,899 --> 00:19:29,568 without any memory 415 00:19:29,568 --> 00:19:33,405 that he and the bank caused, in part, 416 00:19:33,405 --> 00:19:35,274 a huge recession 417 00:19:35,274 --> 00:19:37,276 that wrecked the lives of millions, 418 00:19:37,276 --> 00:19:39,378 tens of millions of people. 419 00:19:39,378 --> 00:19:40,646 [news report] At one point, 420 00:19:40,646 --> 00:19:43,382 the market fell as if down a well. 421 00:19:43,382 --> 00:19:44,716 The NASDAQ, everything and more 422 00:19:44,716 --> 00:19:45,984 has been completely wiped out... 423 00:19:45,984 --> 00:19:48,554 Three of the five biggest independent firms 424 00:19:48,554 --> 00:19:50,722 on Wall Street 425 00:19:50,722 --> 00:19:51,890 have now disappeared... 426 00:19:51,890 --> 00:19:53,025 [George W. Bush] Major sectors 427 00:19:53,025 --> 00:19:54,526 of America's financial system 428 00:19:54,526 --> 00:19:56,562 are at risk of shutting down. 429 00:19:56,562 --> 00:19:59,231 [Narrator] The 2008 financial crisis 430 00:19:59,231 --> 00:20:01,466 was the result of corporate misconduct 431 00:20:01,466 --> 00:20:02,901 and reckless speculation. 432 00:20:02,901 --> 00:20:06,738 That malfeasance nearly destroyed the global economy. 433 00:20:06,738 --> 00:20:09,675 It cost the American economy about 20 trillion dollars 434 00:20:09,675 --> 00:20:11,677 in terms of lost housing value, 435 00:20:11,677 --> 00:20:13,212 lost productivity from the recession. 436 00:20:14,446 --> 00:20:16,381 Millions of people lost their jobs. 437 00:20:16,381 --> 00:20:18,984 Millions of others were thrown out of their homes. 438 00:20:18,984 --> 00:20:20,719 People were really hurt. 439 00:20:20,719 --> 00:20:22,754 [woman sobbing] 440 00:20:27,559 --> 00:20:28,427 [news report] The nation's biggest bank, 441 00:20:28,427 --> 00:20:29,561 JP Morgan Chase, 442 00:20:29,561 --> 00:20:31,730 has agreed to a $13-billion settlement 443 00:20:31,730 --> 00:20:33,031 with the U.S. Government 444 00:20:33,031 --> 00:20:35,901 for misleading investors and mortgage agencies 445 00:20:35,901 --> 00:20:38,403 about the safety of mortgage-backed securities 446 00:20:38,403 --> 00:20:40,672 it sold ahead of the financial crisis. 447 00:20:40,672 --> 00:20:42,441 That would be the largest fine 448 00:20:42,441 --> 00:20:44,476 ever paid by a single bank 449 00:20:44,476 --> 00:20:46,044 to settle civil charges, 450 00:20:46,044 --> 00:20:49,214 yet doesn't even resolve a possible criminal case. 451 00:20:52,217 --> 00:20:54,319 [Narrator] But JP Morgan Chase's caring image 452 00:20:54,319 --> 00:20:57,556 helped mask its self-interested nature. 453 00:20:57,556 --> 00:20:59,391 [Anand Giridharadas] I think we have to acknowledge 454 00:20:59,391 --> 00:21:01,760 that as a kind of private sector propaganda, 455 00:21:01,760 --> 00:21:04,463 it has been remarkably successful. 456 00:21:04,463 --> 00:21:06,398 [Narrator] This is Anand Giridharadas, 457 00:21:06,398 --> 00:21:08,233 an expert on how corporate elites 458 00:21:08,233 --> 00:21:10,569 cloak profit-making in virtue. 459 00:21:10,569 --> 00:21:13,071 [Giridharadas] When you have someone like Jamie Dimon, 460 00:21:13,071 --> 00:21:16,041 who is running an institution 461 00:21:16,041 --> 00:21:19,645 that paid fines for its role 462 00:21:19,645 --> 00:21:22,547 in helping to cause a financial crisis 463 00:21:22,547 --> 00:21:25,717 that wiped out communities-- 464 00:21:25,717 --> 00:21:29,688 we're talking about obliterated certain communities-- 465 00:21:29,688 --> 00:21:31,023 when you have someone like that 466 00:21:31,023 --> 00:21:34,026 who then turns around and says, 467 00:21:34,026 --> 00:21:36,728 "We gotta save Detroit," 468 00:21:36,728 --> 00:21:41,266 what's so amazing is this kind of two-step 469 00:21:41,266 --> 00:21:45,570 that this plutocratic group has been able to pull off. 470 00:21:45,570 --> 00:21:47,773 You first create conditions 471 00:21:47,773 --> 00:21:50,275 in which people in a city like Detroit 472 00:21:50,275 --> 00:21:54,379 are shattered by your speculation decisions, 473 00:21:54,379 --> 00:21:57,215 and then you have the gall 474 00:21:57,215 --> 00:22:00,919 to market yourself to those folks 475 00:22:00,919 --> 00:22:03,722 as their-- as their Christ. 476 00:22:03,722 --> 00:22:05,557 We were here in the darkest moments 477 00:22:05,557 --> 00:22:07,426 for everybody, at all times. 478 00:22:07,426 --> 00:22:08,894 We didn't run, we didn't hide... 479 00:22:08,894 --> 00:22:10,062 ...and we figure, you know, 480 00:22:10,062 --> 00:22:11,797 if we can help in Detroit, 481 00:22:11,797 --> 00:22:13,598 you can help anywhere. 482 00:22:13,598 --> 00:22:17,769 We participate in this game 483 00:22:17,769 --> 00:22:22,708 that allows the very people abetting harm to our society, 484 00:22:22,708 --> 00:22:24,609 or actively harming our society, 485 00:22:24,609 --> 00:22:27,279 to reinvent themselves as saviours. 486 00:22:27,279 --> 00:22:30,048 [applause] 487 00:22:30,048 --> 00:22:31,049 [camera shutter clicks] 488 00:22:34,553 --> 00:22:35,754 [Narrator] But that's part of a larger game 489 00:22:35,754 --> 00:22:39,091 corporations now play. 490 00:22:39,091 --> 00:22:41,727 Making feel-good promises with bright smiles, 491 00:22:41,727 --> 00:22:45,364 appearing to be different than what they really are. 492 00:22:48,734 --> 00:22:51,570 If the new corporation had a playbook, 493 00:22:51,570 --> 00:22:54,339 what might it look like? 494 00:22:55,407 --> 00:22:56,942 What would its key plays be? 495 00:23:05,250 --> 00:23:06,585 I am here with Bill Gates. 496 00:23:06,585 --> 00:23:08,720 I'd love you to tell our readers 497 00:23:08,720 --> 00:23:10,889 what the heck creative capitalism is. 498 00:23:10,889 --> 00:23:14,593 Can we take some of the caring and innovation power, 499 00:23:14,593 --> 00:23:17,062 the resources of corporations, 500 00:23:17,062 --> 00:23:19,765 and get them to focus more of that 501 00:23:19,765 --> 00:23:21,266 on the needs of the poorest? 502 00:23:23,101 --> 00:23:24,903 [Narrator] Bill Gates 503 00:23:24,903 --> 00:23:26,905 put his idea of Creative Capitalism to work, 504 00:23:26,905 --> 00:23:30,208 pouring billions into investments in Africa, 505 00:23:30,208 --> 00:23:32,677 including a multi-million-dollar stake 506 00:23:32,677 --> 00:23:33,812 in a start-up company 507 00:23:33,812 --> 00:23:36,148 called Bridge International Academies. 508 00:23:36,148 --> 00:23:37,716 Good morning, class. 509 00:23:37,716 --> 00:23:40,051 [all together] Good morning, teacher. 510 00:23:40,051 --> 00:23:41,386 [teacher] How are you? 511 00:23:41,386 --> 00:23:43,555 [together] We are fine, thank you, teacher, 512 00:23:43,555 --> 00:23:44,923 and how are you? 513 00:23:44,923 --> 00:23:45,924 I'm fine, thank you. 514 00:23:45,924 --> 00:23:47,793 [Shannon May] Bridge is a flagship 515 00:23:47,793 --> 00:23:49,394 of creative capitalism. 516 00:23:49,394 --> 00:23:52,464 We serve children living in poverty. 517 00:23:52,464 --> 00:23:54,166 Even people who are living in poverty, 518 00:23:54,166 --> 00:23:56,501 they are earning cash, 519 00:23:56,501 --> 00:23:58,069 and they're earning cash for a reason. 520 00:23:58,069 --> 00:24:00,338 They're earning it to be able to spend it 521 00:24:00,338 --> 00:24:01,940 on things they need in their lives. 522 00:24:01,940 --> 00:24:03,308 Five years ago, 523 00:24:03,308 --> 00:24:04,543 my co-founder, Shannon, and I 524 00:24:04,543 --> 00:24:06,878 decided that an aggressive start-up company 525 00:24:06,878 --> 00:24:08,113 that could figure out 526 00:24:08,113 --> 00:24:10,282 how to profitably deliver education at a high quality 527 00:24:10,282 --> 00:24:13,018 could radically disrupt the status quo in education, 528 00:24:13,018 --> 00:24:14,719 ultimately creating 529 00:24:14,719 --> 00:24:18,890 what could be a billion-dollar new global education company. 530 00:24:18,890 --> 00:24:21,259 Private schools for the poor 531 00:24:21,259 --> 00:24:23,228 is a $51-billion-a-year market 532 00:24:23,228 --> 00:24:25,597 no one's even thought about. 533 00:24:26,898 --> 00:24:28,099 [Angelo Gavrielatos] In the global south, 534 00:24:28,099 --> 00:24:32,270 what we've seen is the emergence of chains of schools, 535 00:24:32,270 --> 00:24:33,505 for-profit schools, 536 00:24:33,505 --> 00:24:36,208 to compete against the public education system. 537 00:24:36,208 --> 00:24:38,276 One of the biggest players 538 00:24:38,276 --> 00:24:41,112 is Bridge International Academies. 539 00:24:41,112 --> 00:24:43,715 Venture capitalists invest in Bridge schools, 540 00:24:43,715 --> 00:24:47,886 Pearson, the World Bank, Zuckerberg, Gates, 541 00:24:47,886 --> 00:24:49,521 and the list goes on. 542 00:24:49,521 --> 00:24:52,224 We hear of creative capitalism, 543 00:24:52,224 --> 00:24:54,392 but that's promoting a world 544 00:24:54,392 --> 00:24:57,729 where the market would dictate terms 545 00:24:57,729 --> 00:25:01,233 with respect to the provision of education. 546 00:25:01,233 --> 00:25:02,434 We take lessons 547 00:25:02,434 --> 00:25:04,236 that other large global service providers use, 548 00:25:04,236 --> 00:25:06,004 like McDonalds or Starbucks. 549 00:25:06,004 --> 00:25:07,506 We build for scale, 550 00:25:07,506 --> 00:25:09,207 we systematize, we standardize. 551 00:25:09,207 --> 00:25:11,810 We call this vertically-integrated platform 552 00:25:11,810 --> 00:25:14,613 our "Academy in a Box." 553 00:25:14,613 --> 00:25:15,780 [Giridharadas] What is so interesting 554 00:25:15,780 --> 00:25:17,983 about this social-business thing 555 00:25:17,983 --> 00:25:21,553 is, on the surface, it seems incredibly noble. 556 00:25:21,553 --> 00:25:23,421 They're saying 557 00:25:23,421 --> 00:25:26,291 money-making should not be the sole goal of a business, 558 00:25:26,291 --> 00:25:27,926 it should also have a social purpose, 559 00:25:27,926 --> 00:25:30,262 but what it is also saying 560 00:25:30,262 --> 00:25:33,231 is that the kinds of change 561 00:25:33,231 --> 00:25:35,400 that we ought to pursue 562 00:25:35,400 --> 00:25:36,468 are the kinds of change 563 00:25:36,468 --> 00:25:39,137 that kicks something back to the winners. 564 00:25:39,137 --> 00:25:40,739 But those interested financial reasons 565 00:25:40,739 --> 00:25:42,073 are good for the world. 566 00:25:42,073 --> 00:25:44,809 If we succeed in serving 10 million children, 567 00:25:44,809 --> 00:25:47,212 which I know we will, 568 00:25:47,212 --> 00:25:50,382 it's still only about 1% of children 569 00:25:50,382 --> 00:25:52,384 who need improved services 570 00:25:52,384 --> 00:25:55,320 in their government and community schools. 571 00:25:55,320 --> 00:25:57,722 So I hope we not only get there, 572 00:25:57,722 --> 00:25:59,291 but far transcede it, 573 00:25:59,291 --> 00:26:00,392 and in so doing, 574 00:26:00,392 --> 00:26:02,093 be a good partner for our shareholders, 575 00:26:02,093 --> 00:26:03,929 and those who have entrusted us with their capital, 576 00:26:03,929 --> 00:26:07,198 to try to make a big impact. 577 00:26:07,198 --> 00:26:09,234 [Diane Ravitch] This is colonialism, 578 00:26:09,234 --> 00:26:10,669 pure and simple. 579 00:26:10,669 --> 00:26:12,837 Fundamentally, Bridge is saying 580 00:26:12,837 --> 00:26:14,573 "Give us your education system, 581 00:26:14,573 --> 00:26:15,874 we will take care of it." 582 00:26:15,874 --> 00:26:20,312 Public education is one of the basic commitments 583 00:26:20,312 --> 00:26:22,347 of a democratic society. 584 00:26:22,347 --> 00:26:25,317 Education is not non-political, 585 00:26:25,317 --> 00:26:26,418 it's not apolitical. 586 00:26:26,418 --> 00:26:28,587 You teach a set of values when you're teaching. 587 00:26:28,587 --> 00:26:31,590 You cannot rely on Mark Zuckerberg, Bill Gates, 588 00:26:31,590 --> 00:26:33,725 the World Bank, to take over 589 00:26:33,725 --> 00:26:35,226 and provide the education 590 00:26:35,226 --> 00:26:36,595 that you should be providing yourself. 591 00:26:36,595 --> 00:26:39,064 [Wilson Sossion] Bridge is in business. 592 00:26:39,064 --> 00:26:43,668 When you want to utilize poor citizens of this world 593 00:26:43,668 --> 00:26:45,236 as a source of income. 594 00:26:45,236 --> 00:26:47,472 They're making money 595 00:26:47,472 --> 00:26:50,709 out of utilizing unqualified teachers. 596 00:26:50,709 --> 00:26:52,777 [May] We believe everyone is a teacher, 597 00:26:52,777 --> 00:26:55,180 and everyone could be. 598 00:26:55,180 --> 00:26:58,383 There are certain core skills you need to have. 599 00:26:58,383 --> 00:27:00,018 You've gotta be able to read. 600 00:27:00,018 --> 00:27:01,419 It might seem like a low bar, 601 00:27:01,419 --> 00:27:02,721 but you have to start somewhere. 602 00:27:02,721 --> 00:27:04,255 [Narrator] It's true, 603 00:27:04,255 --> 00:27:06,758 Bridge teachers know how to read 604 00:27:07,359 --> 00:27:08,593 but they're required to do 605 00:27:08,593 --> 00:27:10,395 little more in thier classrooms 606 00:27:10,395 --> 00:27:13,064 because they follow scripted les 607 00:27:13,064 --> 00:27:16,234 read word-for-word from a tablet. 608 00:27:16,234 --> 00:27:18,470 [May] It's telling you all of these different ways 609 00:27:18,470 --> 00:27:19,571 to behave. 610 00:27:19,571 --> 00:27:20,572 Move away from the board, 611 00:27:20,572 --> 00:27:22,340 circulate in the classroom, 612 00:27:22,340 --> 00:27:24,776 give them one-on-one coaching. 613 00:27:24,776 --> 00:27:28,647 You cannot have teachers who behave as robots, 614 00:27:28,647 --> 00:27:30,482 who follow a scripted curriculum 615 00:27:30,482 --> 00:27:34,052 that tells you walk three steps to the blackboard, 616 00:27:34,052 --> 00:27:36,254 walk around the classroom, 617 00:27:36,254 --> 00:27:37,822 and that's just... 618 00:27:37,822 --> 00:27:42,727 A teacher ought to be a natural teacher. 619 00:27:42,727 --> 00:27:44,896 From an investment point of view, 620 00:27:44,896 --> 00:27:49,601 that because of a tragic failure of our existing systems, 621 00:27:49,601 --> 00:27:52,070 there's an incredible need for services 622 00:27:52,070 --> 00:27:53,638 to solve these problems. 623 00:27:53,638 --> 00:27:56,441 People have just kind of said, 624 00:27:56,441 --> 00:27:58,543 "Well, hopefully, the government will fix it," 625 00:27:58,543 --> 00:28:00,712 but fix it with what? 626 00:28:00,712 --> 00:28:03,281 [Narrator] Government can't fix problems. 627 00:28:03,281 --> 00:28:06,885 It's a defining idea of the new corporation, 628 00:28:06,885 --> 00:28:09,587 a key play in its playbook, 629 00:28:09,587 --> 00:28:13,224 and it goes back nearly half a century. 630 00:28:13,224 --> 00:28:15,460 [Ronald Reagan] In this present crisis, 631 00:28:15,460 --> 00:28:19,264 government is not the solution to our problem. 632 00:28:19,264 --> 00:28:22,400 Government is the problem. 633 00:28:22,400 --> 00:28:23,568 [crowd applause] 634 00:28:23,568 --> 00:28:24,736 [Margaret Thatcher] We believe 635 00:28:24,736 --> 00:28:27,772 that government should be severely limited 636 00:28:27,772 --> 00:28:30,875 in the way in which they say 637 00:28:30,875 --> 00:28:33,645 that they're entitled to impose their judgement 638 00:28:33,645 --> 00:28:34,846 on what the people want. 639 00:28:34,846 --> 00:28:37,449 If you look at the real problems of poverty 640 00:28:37,449 --> 00:28:39,818 and denial of freedom to the people in this country, 641 00:28:39,818 --> 00:28:41,720 almost every single one of them 642 00:28:41,720 --> 00:28:42,821 is a result of government action. 643 00:28:42,821 --> 00:28:44,923 [applause] 644 00:28:44,923 --> 00:28:46,224 [Wendy Brown] In the 1980s, 645 00:28:46,224 --> 00:28:48,293 corporations were frustrated 646 00:28:48,293 --> 00:28:50,462 by the limits on profits 647 00:28:50,462 --> 00:28:53,398 that they felt were imposed upon them 648 00:28:53,398 --> 00:28:56,067 by the combination of labour unions, 649 00:28:56,067 --> 00:28:58,436 increasing regulation, 650 00:28:58,436 --> 00:29:00,839 taxation, 651 00:29:00,839 --> 00:29:05,110 and that combination of things led to a kind of rebellion-- 652 00:29:05,110 --> 00:29:08,213 one that wouldn't overthrow democracy 653 00:29:08,213 --> 00:29:10,715 in some overt way 654 00:29:10,715 --> 00:29:13,384 but choke it, leash it, 655 00:29:13,384 --> 00:29:14,853 tone it down, 656 00:29:14,853 --> 00:29:17,689 and, above all, replace it with markets. 657 00:29:18,990 --> 00:29:20,692 [Narrator] Corporations formed alliances 658 00:29:20,692 --> 00:29:22,894 with governments they had helped elect, 659 00:29:22,894 --> 00:29:25,230 governments that were in fact anti-government, 660 00:29:25,230 --> 00:29:28,566 and that happily lifted limits on corporate freedom. 661 00:29:28,566 --> 00:29:32,237 Profits soared, but a price was paid, 662 00:29:32,237 --> 00:29:34,272 and not by corporations. 663 00:29:34,272 --> 00:29:38,543 What you get is this profound anti-government program 664 00:29:38,543 --> 00:29:40,678 to create deficits 665 00:29:40,678 --> 00:29:42,480 through the combination of tax cuts 666 00:29:42,480 --> 00:29:44,048 and military spending, 667 00:29:44,048 --> 00:29:46,718 so as to make it impossible 668 00:29:46,718 --> 00:29:50,421 to use government in a positive and constructive way, 669 00:29:50,421 --> 00:29:51,856 to deal with our social problems. 670 00:29:58,196 --> 00:29:59,464 [Klaus Schwab] Mr. President, 671 00:29:59,464 --> 00:30:03,468 on behalf of the business leaders here in the room, 672 00:30:03,468 --> 00:30:06,404 let me particularly congratulate you 673 00:30:06,404 --> 00:30:10,708 for the historic tax reform passed last month, 674 00:30:10,708 --> 00:30:17,015 greatly reducing the tax burden of U.S. companies, 675 00:30:17,015 --> 00:30:20,218 providing a tremendous boost 676 00:30:20,218 --> 00:30:21,986 to the global economy. 677 00:30:21,986 --> 00:30:25,490 I cannot wait to sign these giant tax cuts. 678 00:30:25,490 --> 00:30:27,792 It'll be the largest tax cuts by far 679 00:30:27,792 --> 00:30:29,394 in the history of our country. 680 00:30:29,394 --> 00:30:30,962 JP Morgan Chase, 681 00:30:30,962 --> 00:30:32,263 they just announced earnings, 682 00:30:32,263 --> 00:30:33,565 and they were incredible. 683 00:30:33,565 --> 00:30:34,465 Where are you? 684 00:30:34,465 --> 00:30:36,067 They were very substantial. 685 00:30:36,067 --> 00:30:37,268 Will you say, 686 00:30:37,268 --> 00:30:39,938 "Thank you, Mr. President," at least? Huh? 687 00:30:39,938 --> 00:30:41,739 "Thank you, Mr. President," may be in order. 688 00:30:41,739 --> 00:30:43,474 Apparently, he believes he played a strong role 689 00:30:43,474 --> 00:30:47,045 in JP Morgan's blow-out quarter. 690 00:30:47,045 --> 00:30:50,448 Best profit for any bank, ever in history. 691 00:30:51,683 --> 00:30:53,885 [Tim Ryan, C-Span] Corporate profits 692 00:30:53,885 --> 00:30:56,721 are the highest they've been in decades. 693 00:30:56,721 --> 00:30:58,223 Fast forward a few months, 694 00:30:58,223 --> 00:31:00,091 global pandemic, 695 00:31:00,091 --> 00:31:01,726 the rich keep getting richer, 696 00:31:01,726 --> 00:31:03,528 and our friends on the other side said, 697 00:31:03,528 --> 00:31:04,429 "What do we do now? 698 00:31:04,429 --> 00:31:06,030 Let's do a tax cut!" 699 00:31:06,030 --> 00:31:08,566 36 million people unemployed, 700 00:31:08,566 --> 00:31:10,735 40% of families 701 00:31:10,735 --> 00:31:14,405 who have a worker that makes $40,000 a year or less 702 00:31:14,405 --> 00:31:16,307 lose their job last month, 703 00:31:16,307 --> 00:31:18,276 four million people didn't pay their rent, 704 00:31:18,276 --> 00:31:20,211 and the Republican Party says, 705 00:31:20,211 --> 00:31:23,147 "We don't have any money to help you!" 706 00:31:23,147 --> 00:31:25,049 Are you kidding me? 707 00:31:25,049 --> 00:31:28,553 Where do you guys live? 708 00:31:28,553 --> 00:31:30,321 [Narrator] And while corporations lobby for 709 00:31:30,321 --> 00:31:32,957 and profit from tax cuts at home, 710 00:31:32,957 --> 00:31:34,559 they further avoid taxes 711 00:31:34,559 --> 00:31:36,461 by stashing their profits abroad. 712 00:31:36,461 --> 00:31:39,430 [Navidi] The corporate elite is best positioned 713 00:31:39,430 --> 00:31:43,101 to use the system that we have to their advantage 714 00:31:43,101 --> 00:31:47,071 and one manifestation of that is tax havens. 715 00:31:47,071 --> 00:31:48,306 [Narrator] Every year, 716 00:31:48,306 --> 00:31:50,375 corporations squirrel away billions of dollars 717 00:31:50,375 --> 00:31:51,943 in tax havens, 718 00:31:51,943 --> 00:31:55,046 and when that's combined with tax cuts, 719 00:31:55,046 --> 00:31:57,181 guess what happens? 720 00:31:58,216 --> 00:32:00,351 60 of some of America's biggest companies 721 00:32:00,351 --> 00:32:03,688 reportedly paid no federal income tax for 2018 722 00:32:03,688 --> 00:32:06,024 despite earning billions of dollars in profits. 723 00:32:06,024 --> 00:32:08,259 This is my first time at Davos, 724 00:32:08,259 --> 00:32:11,062 and, uh, and I find it quite a bewildering experience, 725 00:32:11,062 --> 00:32:12,263 to be honest. 726 00:32:12,263 --> 00:32:15,333 I mean, 1,500 private jets flown in here 727 00:32:15,333 --> 00:32:17,302 to hear Sir David Attenborough speak 728 00:32:17,302 --> 00:32:19,570 about, you know, how we're wrecking the planet, 729 00:32:19,570 --> 00:32:21,306 and, uh, I mean, I hear people talking 730 00:32:21,306 --> 00:32:23,708 the language of participation, and justice, 731 00:32:23,708 --> 00:32:25,977 and equality, and transparency, 732 00:32:25,977 --> 00:32:28,379 but then, I mean, almost no one raises the real issue 733 00:32:28,379 --> 00:32:29,714 of tax avoidance, right, 734 00:32:29,714 --> 00:32:31,849 and of the rich just not paying their fair share. 735 00:32:31,849 --> 00:32:33,718 We gotta be talking about taxes. 736 00:32:33,718 --> 00:32:35,586 That's it, taxes, taxes, taxes. 737 00:32:35,586 --> 00:32:36,821 All the rest is bullshit, 738 00:32:36,821 --> 00:32:38,089 in my--in my opinion. 739 00:32:38,089 --> 00:32:39,490 -[woman] Thank you. -[audience applauding] 740 00:32:39,490 --> 00:32:42,527 Government used to have a lot of power 741 00:32:42,527 --> 00:32:44,896 to extract wealth in the form of taxes, 742 00:32:44,896 --> 00:32:47,065 and then be able to use that wealth 743 00:32:47,065 --> 00:32:49,801 for the betterment of the society as a whole, 744 00:32:49,801 --> 00:32:51,069 but what's happened now 745 00:32:51,069 --> 00:32:55,306 is that we have given more power to corporations 746 00:32:55,306 --> 00:32:56,841 to control their wealth 747 00:32:56,841 --> 00:32:59,210 and to take it out of the tax system. 748 00:32:59,210 --> 00:33:01,312 [Giridharadas] So what happens as a result of that? 749 00:33:01,312 --> 00:33:02,480 First of all, 750 00:33:02,480 --> 00:33:06,217 companies and rich people get a lot richer, 751 00:33:06,217 --> 00:33:08,820 not paying those taxes you might've been paying. 752 00:33:08,820 --> 00:33:09,721 Second thing that happens 753 00:33:09,721 --> 00:33:12,190 is the government has less money. 754 00:33:12,190 --> 00:33:15,460 The government's capacity is sort of contracted, 755 00:33:15,460 --> 00:33:19,063 and then social problems start to grow, 756 00:33:19,063 --> 00:33:21,632 in part because the government has less money. 757 00:33:21,632 --> 00:33:23,801 Now with that background, 758 00:33:23,801 --> 00:33:26,637 rich people step onto the scene 759 00:33:26,637 --> 00:33:30,375 and say, "Oh, my gosh, this is a shame. 760 00:33:30,375 --> 00:33:34,212 This situation we see here is a shame. 761 00:33:34,212 --> 00:33:36,280 We got all these social problems, 762 00:33:36,280 --> 00:33:39,584 and government, my gosh, 763 00:33:39,584 --> 00:33:41,552 the government should be solving this stuff, 764 00:33:41,552 --> 00:33:42,920 but it isn't. 765 00:33:42,920 --> 00:33:44,756 That is embarrassing. 766 00:33:44,756 --> 00:33:47,258 Well, I'm happy to solve these problems, 767 00:33:47,258 --> 00:33:48,393 but of course when we do solve it, 768 00:33:48,393 --> 00:33:50,128 we're going to do it my way. 769 00:33:50,128 --> 00:33:51,696 We're going to privatize the solution." 770 00:33:55,900 --> 00:33:58,169 [Gavrielatos] The privatizer's blueprint, 771 00:33:58,169 --> 00:34:02,073 often also called "Starve the Beast." 772 00:34:02,073 --> 00:34:04,208 You create a crisis of confidence... 773 00:34:04,208 --> 00:34:06,511 How much money do we need to be investing right now 774 00:34:06,511 --> 00:34:08,713 in the United States in water infrastructure? 775 00:34:08,713 --> 00:34:10,048 [Susan Story] By 2020, 776 00:34:10,048 --> 00:34:13,051 44% of all water infrastructure in the United States 777 00:34:13,051 --> 00:34:17,055 will be classified as poor, very poor, or beyond life. 778 00:34:17,055 --> 00:34:18,489 [Gavrielatos] You deny resources 779 00:34:18,489 --> 00:34:20,124 for quality public services... 780 00:34:20,124 --> 00:34:21,426 [Story] In the 1970s, 781 00:34:21,426 --> 00:34:25,196 there were a lot of pools of free federal money. 782 00:34:25,196 --> 00:34:27,865 That has really, no pun, dried up. 783 00:34:27,865 --> 00:34:29,233 [Gavrielatos] ...and lo and behold, 784 00:34:29,233 --> 00:34:31,436 the answer is privatization. 785 00:34:31,436 --> 00:34:32,737 [Story] What we believe 786 00:34:32,737 --> 00:34:35,640 is that private industry is part of the answer, 787 00:34:35,640 --> 00:34:36,941 which is very consistent 788 00:34:36,941 --> 00:34:39,544 with what the President's plan is. 789 00:34:39,544 --> 00:34:40,812 [Narrator] American Water Works 790 00:34:40,812 --> 00:34:44,148 is one of the world's largest water corporations. 791 00:34:44,148 --> 00:34:45,716 It takes over public water systems, 792 00:34:45,716 --> 00:34:47,752 and runs them for profit, 793 00:34:47,752 --> 00:34:49,921 and around the world, 794 00:34:49,921 --> 00:34:53,891 there are many other companies doing the same thing. 795 00:34:53,891 --> 00:34:55,259 [Grand Chief Stewart Phillip] It's an absolutely 796 00:34:55,259 --> 00:34:56,227 terrifying notion, 797 00:34:56,227 --> 00:34:58,696 privatization of water. 798 00:34:58,696 --> 00:35:01,799 Moving in exactly the wrong direction. 799 00:35:01,799 --> 00:35:06,170 Access to potable, clean drinking water 800 00:35:06,170 --> 00:35:08,806 is a fundamental human right. 801 00:35:08,806 --> 00:35:11,776 It's just insidious 802 00:35:11,776 --> 00:35:15,046 that the corporate mind could even conceive 803 00:35:15,046 --> 00:35:18,716 or imagine the notion of privatizing it. 804 00:35:21,319 --> 00:35:23,554 [Weissman] Corporations have figured out 805 00:35:23,554 --> 00:35:25,823 that there are really big business opportunities 806 00:35:25,823 --> 00:35:27,191 in these public sectors, 807 00:35:27,191 --> 00:35:30,061 in part, because they've been walled off 808 00:35:30,061 --> 00:35:32,363 from corporate influence in the past. 809 00:35:36,567 --> 00:35:39,237 [Ravitch] The private sector is voracious 810 00:35:39,237 --> 00:35:41,906 in seeking to privatize almost everything. 811 00:35:45,042 --> 00:35:47,545 [Juan Gonzalez] First, privatize government services 812 00:35:47,545 --> 00:35:48,379 as much as possible... 813 00:35:49,714 --> 00:35:53,551 and also the seizure and the commodification 814 00:35:53,551 --> 00:35:54,919 of the public commons-- 815 00:35:54,919 --> 00:35:57,722 your parks, your public schools, 816 00:35:57,722 --> 00:35:58,890 your streets. 817 00:35:58,890 --> 00:36:03,728 How can we get more money out of the public commons? 818 00:36:03,728 --> 00:36:05,429 [Diane Ravitch] The for-profit motivation 819 00:36:05,429 --> 00:36:09,734 is always a very bad reason for providing public services. 820 00:36:09,734 --> 00:36:11,102 There's a conflict of interest 821 00:36:11,102 --> 00:36:13,337 between whether you're going to pay off the shareholders, 822 00:36:13,337 --> 00:36:16,607 or whether you're going to invest in the public system. 823 00:36:16,607 --> 00:36:20,044 Many responsibilities and obligations must be public 824 00:36:20,044 --> 00:36:23,381 in order to maintain equal access 825 00:36:23,381 --> 00:36:25,650 to the basic necessities of life. 826 00:36:25,650 --> 00:36:29,720 A healthy democratic society has a thriving private sector, 827 00:36:29,720 --> 00:36:32,390 and also a thriving public sector, 828 00:36:32,390 --> 00:36:35,059 and as we permit the private sector 829 00:36:35,059 --> 00:36:37,361 to encroach upon 830 00:36:37,361 --> 00:36:41,032 and to, literally, absorb the responsibilities 831 00:36:41,032 --> 00:36:43,301 and obligations of a democratic society, 832 00:36:43,301 --> 00:36:44,936 we lose our democracy. 833 00:36:47,572 --> 00:36:50,208 [Narrator] And the rise of big-tech corporations 834 00:36:50,208 --> 00:36:52,843 is now accelerating this process. 835 00:36:52,843 --> 00:36:54,679 For example, in schools. 836 00:36:56,547 --> 00:36:59,250 Not only in Africa, but elsewhere, too. 837 00:37:01,385 --> 00:37:03,888 [Ravitch] Corporations have decided 838 00:37:03,888 --> 00:37:05,556 that they should remake education 839 00:37:05,556 --> 00:37:07,925 by using technology. 840 00:37:07,925 --> 00:37:12,396 They want to have teacher-less classrooms... 841 00:37:12,396 --> 00:37:15,233 but the teacher is the single most important 842 00:37:15,233 --> 00:37:17,969 and expensive part of education, 843 00:37:17,969 --> 00:37:20,238 and the tech industry's dream, 844 00:37:20,238 --> 00:37:22,807 if the teacher is removed from the equation, 845 00:37:22,807 --> 00:37:26,544 then you can cut costs dramatically. 846 00:37:28,879 --> 00:37:31,682 [Paul Mason] These companies monopolize everything. 847 00:37:31,682 --> 00:37:34,485 First of all, monopolize their sector, 848 00:37:34,485 --> 00:37:38,422 and the next thing is to look, "Where's left?" 849 00:37:38,422 --> 00:37:41,892 These giant corporations are frantically searching 850 00:37:41,892 --> 00:37:43,561 for new sources of profit 851 00:37:43,561 --> 00:37:45,563 because it's drying up. 852 00:37:45,563 --> 00:37:47,898 They say, "We need to take the education system, 853 00:37:47,898 --> 00:37:49,233 take the health-care system, 854 00:37:49,233 --> 00:37:50,401 take the transport system, 855 00:37:50,401 --> 00:37:51,836 and own it, 856 00:37:51,836 --> 00:37:52,903 or we die." 857 00:37:56,440 --> 00:38:00,378 [Giridharadas] Silicon Valley is the new Rome of our time. 858 00:38:00,378 --> 00:38:05,082 The valley has become this extraordinary power centre 859 00:38:05,082 --> 00:38:07,652 that has a huge say 860 00:38:07,652 --> 00:38:12,056 over what kind of media and information we have 861 00:38:12,056 --> 00:38:13,958 in a democracy, 862 00:38:13,958 --> 00:38:16,060 over, you know, frankly, 863 00:38:16,060 --> 00:38:17,595 how many of our biggest problems are solved, 864 00:38:17,595 --> 00:38:19,297 over how election campaigns are run, 865 00:38:19,297 --> 00:38:20,798 et cetera, et cetera, et cetera. 866 00:38:20,798 --> 00:38:22,900 Technology's neutral, 867 00:38:22,900 --> 00:38:24,602 and, in many ways, it's great, 868 00:38:24,602 --> 00:38:26,237 but there's a difference 869 00:38:26,237 --> 00:38:27,738 between a technology, 870 00:38:27,738 --> 00:38:29,573 and allowing a few powerful players 871 00:38:29,573 --> 00:38:31,876 to manipulate it for their own ends. 872 00:38:31,876 --> 00:38:34,545 So we've gone from this wide-open world 873 00:38:34,545 --> 00:38:36,614 that opened up all of these possibilities 874 00:38:36,614 --> 00:38:38,049 for people to create things, 875 00:38:38,049 --> 00:38:40,551 to share information, to share ideas, 876 00:38:40,551 --> 00:38:43,254 and it has collapsed into these walled gardens 877 00:38:43,254 --> 00:38:46,057 that are controlled by a few very powerful players. 878 00:38:47,892 --> 00:38:50,428 [Weissman] We're seeing Amazon, for example, 879 00:38:50,428 --> 00:38:52,363 gobbling up every kind of business in sight. 880 00:38:52,363 --> 00:38:54,231 They're interested in getting into pharmaceuticals, 881 00:38:54,231 --> 00:38:56,634 and they're making a big move into food. 882 00:38:56,634 --> 00:38:58,769 [Mitchell] They capture about half of everything 883 00:38:58,769 --> 00:39:01,072 that Americans spend online, 884 00:39:01,072 --> 00:39:02,773 and they're growing into all these different directions. 885 00:39:02,773 --> 00:39:07,044 They control 35% of the world's cloud-computing capacity. 886 00:39:07,044 --> 00:39:09,380 They're building out shipping and logistics infrastructure 887 00:39:09,380 --> 00:39:13,250 that is scaled to take on the postal service and UPS, 888 00:39:13,250 --> 00:39:14,552 and, increasingly, 889 00:39:14,552 --> 00:39:17,755 they are the intermediary for all of our smart devices, 890 00:39:17,755 --> 00:39:22,560 Alexa, their voice system, is 70% of the market, 891 00:39:22,560 --> 00:39:23,894 and on it goes. 892 00:39:23,894 --> 00:39:25,930 They're making investments in finance, in healthcare, 893 00:39:25,930 --> 00:39:29,600 in hit movies and television shows. 894 00:39:29,600 --> 00:39:32,737 Amazon is increasingly setting the rules 895 00:39:32,737 --> 00:39:35,406 for what happens in its marketplace, 896 00:39:35,406 --> 00:39:37,942 and pretending like that's a real market, 897 00:39:37,942 --> 00:39:39,110 but, of course it's not. 898 00:39:39,110 --> 00:39:41,479 You know, that's a direct threat to democracy, 899 00:39:41,479 --> 00:39:43,447 a very fundamental threat to democracy. 900 00:39:46,884 --> 00:39:48,552 [Narrator] Though elected by no one, 901 00:39:48,552 --> 00:39:52,223 corporations are now starting to be treated like governments. 902 00:39:52,223 --> 00:39:53,424 [news report] We're joined now live 903 00:39:53,424 --> 00:39:55,726 by the world's first ever tech ambassador. 904 00:39:55,726 --> 00:39:57,762 Can I start simply by asking you 905 00:39:57,762 --> 00:39:59,730 what exactly does a tech ambassador do? 906 00:39:59,730 --> 00:40:00,931 Well, we're basically 907 00:40:00,931 --> 00:40:03,768 trying to treat technology and the tech companies 908 00:40:03,768 --> 00:40:05,136 in a way which is similar 909 00:40:05,136 --> 00:40:07,171 to the way we treat a bilateral relationship 910 00:40:07,171 --> 00:40:09,073 with countries all over the world. 911 00:40:09,073 --> 00:40:10,341 The value of their stocks 912 00:40:10,341 --> 00:40:12,443 is more or less the same as the GDP of France, 913 00:40:12,443 --> 00:40:14,378 and we think that that is being translated 914 00:40:14,378 --> 00:40:17,648 into influence over political affairs. 915 00:40:17,648 --> 00:40:18,916 We think it is necessary 916 00:40:18,916 --> 00:40:20,718 to treat them in a way which is similar 917 00:40:20,718 --> 00:40:22,887 to the way we treat other countries. 918 00:40:22,887 --> 00:40:25,055 [Giridharadas] A lot of folks in the valley 919 00:40:25,055 --> 00:40:27,625 believe that the companies they are building 920 00:40:27,625 --> 00:40:31,695 are kind of replacements of government. 921 00:40:31,695 --> 00:40:34,398 I think if we don't push back 922 00:40:34,398 --> 00:40:39,236 against the kind of agenda that these companies have, 923 00:40:39,236 --> 00:40:40,404 we're going to live in a world 924 00:40:40,404 --> 00:40:43,541 in which they are governing us privately 925 00:40:43,541 --> 00:40:44,775 through the profit motive. 926 00:40:44,775 --> 00:40:46,877 But governing us. 927 00:40:52,383 --> 00:40:55,085 The deal that the corporations want from us 928 00:40:55,085 --> 00:40:56,754 is to hand everything to them, 929 00:40:56,754 --> 00:40:58,889 all the value to them, 930 00:40:58,889 --> 00:41:00,891 and we get a little bit of utility. 931 00:41:00,891 --> 00:41:01,892 We get usefulness. 932 00:41:01,892 --> 00:41:03,227 It becomes easier to study, 933 00:41:03,227 --> 00:41:05,029 or easier to get to work, 934 00:41:05,029 --> 00:41:07,898 or easier to take a health test. 935 00:41:07,898 --> 00:41:09,934 That is a dangerous deal, 936 00:41:09,934 --> 00:41:12,102 because nobody can guarantee 937 00:41:12,102 --> 00:41:15,406 what is going to be done with the information. 938 00:41:15,406 --> 00:41:16,774 We're handing our data 939 00:41:16,774 --> 00:41:19,977 with no checks, no balances, no control over it. 940 00:41:19,977 --> 00:41:22,546 I think that's going to be one of the new challenges 941 00:41:22,546 --> 00:41:24,982 of life in the 21st Century. 942 00:41:24,982 --> 00:41:26,217 [Heidi Boghosian] I'm going to call them 943 00:41:26,217 --> 00:41:29,253 the super social media corporations, 944 00:41:29,253 --> 00:41:34,692 the entities that really run our lives right now. 945 00:41:34,692 --> 00:41:39,363 The scope of their reach cannot be underestimated. 946 00:41:39,363 --> 00:41:41,432 They know everything about us. 947 00:41:41,432 --> 00:41:44,401 Every single aspect of what we do, 948 00:41:44,401 --> 00:41:48,339 who we do it with, where we do it, what we buy, 949 00:41:48,339 --> 00:41:51,375 is a goldmine for aggregators. 950 00:41:51,375 --> 00:41:56,947 It lets them mold their policies and their products, 951 00:41:56,947 --> 00:42:00,217 predicting how you are going to live 952 00:42:00,217 --> 00:42:02,219 the rest of your life. 953 00:42:02,219 --> 00:42:05,055 They're trying to influence the decisions that you make 954 00:42:05,055 --> 00:42:07,625 from now to when you die, 955 00:42:07,625 --> 00:42:11,595 so that it will best serve, ultimately, 956 00:42:11,595 --> 00:42:14,031 the corporate bottom line. 957 00:42:15,733 --> 00:42:18,402 [♪] 958 00:42:27,011 --> 00:42:28,879 [Sun-Ha Hong] Technology provides us 959 00:42:28,879 --> 00:42:32,049 such a seductive fantasy. 960 00:42:33,484 --> 00:42:36,220 Our smart phones, our data driven systems, 961 00:42:36,220 --> 00:42:38,155 our social-media platforms, 962 00:42:38,155 --> 00:42:40,691 they are all designed to conceal 963 00:42:40,691 --> 00:42:42,092 the true cost of these technologies 964 00:42:42,092 --> 00:42:44,562 to our society as a whole. 965 00:42:46,397 --> 00:42:50,000 Privacy is usually the value that we use 966 00:42:50,000 --> 00:42:51,902 to think through these issues, 967 00:42:51,902 --> 00:42:53,504 but for me, it's not about privacy, 968 00:42:53,504 --> 00:42:55,072 it's about control. 969 00:42:55,072 --> 00:42:58,042 The drive to make data profitable 970 00:42:58,042 --> 00:43:00,544 leads these companies to say who we are, 971 00:43:00,544 --> 00:43:02,713 and define who we are to other people. 972 00:43:02,713 --> 00:43:06,216 Let me use a real-life example of a hiring algorithm. 973 00:43:06,216 --> 00:43:07,351 You'll do an interview. 974 00:43:07,351 --> 00:43:08,986 They'll analyze your video footage, 975 00:43:08,986 --> 00:43:09,987 and they'll say, 976 00:43:09,987 --> 00:43:11,388 "You challenge the status quo. 977 00:43:11,388 --> 00:43:14,391 You are a change agent. 978 00:43:14,391 --> 00:43:15,893 Don't hire this person, 979 00:43:15,893 --> 00:43:18,395 because they are more likely to cause trouble at work." 980 00:43:19,530 --> 00:43:21,565 As far as the algorithm is concerned, 981 00:43:21,565 --> 00:43:22,900 you are not a human being, 982 00:43:22,900 --> 00:43:25,569 you're just a collection of data points, 983 00:43:25,569 --> 00:43:29,239 and this is one of the dangers that we face today, 984 00:43:29,239 --> 00:43:31,642 because we are now saying 985 00:43:31,642 --> 00:43:34,712 we need to stop using human reason, 986 00:43:34,712 --> 00:43:36,714 and we need to rely more 987 00:43:36,714 --> 00:43:39,717 on these kinds of algorithmic decision-making systems. 988 00:43:45,422 --> 00:43:48,759 We are increasingly surrendering our capacity 989 00:43:48,759 --> 00:43:51,095 to rely on human experience 990 00:43:51,095 --> 00:43:55,299 and to trust in each other. 991 00:43:55,299 --> 00:43:57,735 So, the question 992 00:43:57,735 --> 00:44:01,071 that these technologies are really raising for us 993 00:44:01,071 --> 00:44:04,708 is what does it mean to be human? 994 00:44:04,708 --> 00:44:07,611 And this kind of technology of strangers 995 00:44:07,611 --> 00:44:08,879 is one of the ways 996 00:44:08,879 --> 00:44:12,716 in which we are moving away from the genuine heritage 997 00:44:12,716 --> 00:44:14,351 of the Enlightenment. 998 00:44:23,394 --> 00:44:25,596 [Chris Hedges] We're taught that it is all about me. 999 00:44:27,064 --> 00:44:29,800 Narcissism, the cult of the self, 1000 00:44:29,800 --> 00:44:31,568 the idea that consumption 1001 00:44:31,568 --> 00:44:36,173 can somehow help us overcome our alienation, 1002 00:44:36,173 --> 00:44:38,442 make us important... 1003 00:44:38,442 --> 00:44:39,543 [woman] I thought, you know, 1004 00:44:39,543 --> 00:44:40,944 what better way to cure the darkness, 1005 00:44:40,944 --> 00:44:42,046 than to go shopping. 1006 00:44:42,046 --> 00:44:44,448 You know, help stimulate the economy. 1007 00:44:44,448 --> 00:44:47,818 These were all... 1008 00:44:47,818 --> 00:44:49,720 I hesitate the word "values," 1009 00:44:49,720 --> 00:44:53,557 but these were all consciously instilled in the public. 1010 00:44:56,794 --> 00:45:01,732 It upends traditional values of thrift, 1011 00:45:01,732 --> 00:45:04,101 self-effacement, 1012 00:45:04,101 --> 00:45:05,569 communitarianism, 1013 00:45:05,569 --> 00:45:08,939 and replaces them with the values 1014 00:45:08,939 --> 00:45:10,708 that we now define as American values, 1015 00:45:10,708 --> 00:45:14,111 but which should properly be called corporate values. 1016 00:45:25,255 --> 00:45:26,724 [Michael Sandel] In recent years, 1017 00:45:26,724 --> 00:45:30,227 we've drifted, almost without realizing it, 1018 00:45:30,227 --> 00:45:32,196 from having a market economy 1019 00:45:32,196 --> 00:45:36,567 to becoming a market society. 1020 00:45:36,567 --> 00:45:37,601 The difference is this. 1021 00:45:37,601 --> 00:45:39,903 A market economy is a tool, 1022 00:45:39,903 --> 00:45:41,572 a valuable and effective tool 1023 00:45:41,572 --> 00:45:44,274 for organizing productive activity. 1024 00:45:44,274 --> 00:45:46,043 But a market society is a place 1025 00:45:46,043 --> 00:45:48,879 where almost everything is up for sale. 1026 00:45:48,879 --> 00:45:50,347 [echoes of crowd shouting] 1027 00:45:51,381 --> 00:45:54,885 We are so steeped in this commodification 1028 00:45:54,885 --> 00:45:59,156 that it's hard to distinguish between being a consumer 1029 00:45:59,156 --> 00:46:01,125 and being a citizen. 1030 00:46:01,125 --> 00:46:03,694 I'm not much of a believer in political citizenship. 1031 00:46:03,694 --> 00:46:07,397 I actually believe much more in the power of the marketplace. 1032 00:46:07,397 --> 00:46:09,233 [Narrator] This is Richard Edelman, 1033 00:46:09,233 --> 00:46:11,435 one the world's most influential business gurus. 1034 00:46:11,435 --> 00:46:12,569 [Edelman] I think companies 1035 00:46:12,569 --> 00:46:14,138 actually have filled a void 1036 00:46:14,138 --> 00:46:15,739 left by government. 1037 00:46:15,739 --> 00:46:17,808 Business is at the top rank. 1038 00:46:17,808 --> 00:46:19,877 Government and media really are 1039 00:46:19,877 --> 00:46:21,712 at the back end of the trust rank. 1040 00:46:23,113 --> 00:46:24,882 These are big changes 1041 00:46:24,882 --> 00:46:31,054 in reliability of business as potential "good actor." 1042 00:46:31,054 --> 00:46:32,923 It's a brilliant strategy. 1043 00:46:32,923 --> 00:46:37,094 They're going to present themselves as good actors, 1044 00:46:37,094 --> 00:46:39,096 and use that as part of their image 1045 00:46:39,096 --> 00:46:40,731 and as part of their branding. 1046 00:46:43,066 --> 00:46:46,069 When we see a big corporation doing something, 1047 00:46:46,069 --> 00:46:48,572 it creates a sense of hope 1048 00:46:48,572 --> 00:46:52,976 that maybe we can solve the climate crisis, 1049 00:46:52,976 --> 00:46:54,778 or inequality, 1050 00:46:54,778 --> 00:46:57,714 or other kinds of problems. 1051 00:46:57,714 --> 00:46:59,316 We maybe even think of their huge power 1052 00:46:59,316 --> 00:47:00,651 as being a plus, 1053 00:47:00,651 --> 00:47:03,086 because we know that the scale of these challenges 1054 00:47:03,086 --> 00:47:04,154 are so big, 1055 00:47:04,154 --> 00:47:06,890 and we feel so powerless and frustrated 1056 00:47:06,890 --> 00:47:09,393 about the ability of our government systems 1057 00:47:09,393 --> 00:47:10,894 to actually solve them, 1058 00:47:10,894 --> 00:47:14,064 that we start to sort of put our faith in corporations, 1059 00:47:14,064 --> 00:47:16,567 but of course, in the process of doing that, 1060 00:47:16,567 --> 00:47:18,435 we're going further down the path 1061 00:47:18,435 --> 00:47:19,736 that led us here. 1062 00:47:24,608 --> 00:47:26,043 [Ravitch] I grew up in the 1950s, 1063 00:47:26,043 --> 00:47:27,311 and at that time, 1064 00:47:27,311 --> 00:47:30,113 there was a sense that our society 1065 00:47:30,113 --> 00:47:33,750 would continually progress towards greater equality 1066 00:47:33,750 --> 00:47:35,352 and greater opportunity, 1067 00:47:35,352 --> 00:47:37,387 that there would continue to be social mobility 1068 00:47:37,387 --> 00:47:38,522 for those at the bottom. 1069 00:47:40,157 --> 00:47:43,727 The average pay for a CEO in the 1950s 1070 00:47:43,727 --> 00:47:46,396 was 20 times that of the average worker. 1071 00:47:46,396 --> 00:47:48,465 Today the average pay of a CEO 1072 00:47:48,465 --> 00:47:50,400 is 270 times 1073 00:47:50,400 --> 00:47:52,436 that of the average worker. 1074 00:47:52,436 --> 00:47:54,972 [Narrator] In some cases, that gap is much greater. 1075 00:47:54,972 --> 00:47:56,907 For example, 1076 00:47:56,907 --> 00:47:59,710 Jamie Dimon makes more than 1,000 times the salary 1077 00:47:59,710 --> 00:48:02,312 of one of his lowest-paid employees. 1078 00:48:02,312 --> 00:48:03,380 [Katie Porter] Mr. Dimon, 1079 00:48:03,380 --> 00:48:04,615 you're an expert on financial statements, 1080 00:48:04,615 --> 00:48:07,718 and you run a $2.6-trillion-dollar bank. 1081 00:48:07,718 --> 00:48:10,087 I went to Monster.com 1082 00:48:10,087 --> 00:48:11,822 and I found a job in my hometown of Irvine 1083 00:48:11,822 --> 00:48:13,090 at JP Morgan Chase. 1084 00:48:13,090 --> 00:48:15,292 It pays $16.50 an hour... 1085 00:48:15,292 --> 00:48:17,961 [Narrator] This is U.S. congresswoman Katie Porter 1086 00:48:17,961 --> 00:48:21,198 providing an example of a hypothetical employee, 1087 00:48:21,198 --> 00:48:22,900 a single mother working as a teller 1088 00:48:22,900 --> 00:48:24,468 at one of Jamie Dimon's banks. 1089 00:48:24,468 --> 00:48:26,570 ... she rents a one-bedroom apartment. 1090 00:48:26,570 --> 00:48:27,571 She and her daughter sleep together 1091 00:48:27,571 --> 00:48:28,572 in the same room. 1092 00:48:28,572 --> 00:48:29,773 In Irvine, California, 1093 00:48:29,773 --> 00:48:30,874 that average one-bedroom apartment 1094 00:48:30,874 --> 00:48:32,709 is going to be $1,600. 1095 00:48:32,709 --> 00:48:34,044 She spends $100 on utilities... 1096 00:48:34,044 --> 00:48:35,212 [Narrator] Congresswoman Porter 1097 00:48:35,212 --> 00:48:36,947 itemized typical monthly expenses, 1098 00:48:36,947 --> 00:48:40,918 and showed they greatly exceed the employee's salary. 1099 00:48:40,918 --> 00:48:42,519 My question for you, Mr. Dimon, 1100 00:48:42,519 --> 00:48:45,689 is how should she manage this budget shortfall 1101 00:48:45,689 --> 00:48:49,559 while she is working full-time at your bank? 1102 00:48:52,262 --> 00:48:56,400 I, uh, don't know that all your numbers are accurate. 1103 00:48:56,400 --> 00:48:58,735 That number is a starter-- is generally a starter job. 1104 00:48:58,735 --> 00:49:00,003 [Porter] She is a starting employee. 1105 00:49:00,003 --> 00:49:01,238 She has a six-year-old child. 1106 00:49:01,238 --> 00:49:03,273 This is her first job. 1107 00:49:03,273 --> 00:49:04,374 You can get those jobs out of high school, 1108 00:49:04,374 --> 00:49:06,276 and she may have my job one day. 1109 00:49:07,544 --> 00:49:08,712 [Narrator] But the widening gap 1110 00:49:08,712 --> 00:49:11,148 between CEOs and their employees, 1111 00:49:11,148 --> 00:49:14,217 is just one symptom of rising inequality 1112 00:49:14,217 --> 00:49:15,686 more generally. 1113 00:49:15,686 --> 00:49:17,387 [Heather McGhee] Right now in the United States, 1114 00:49:17,387 --> 00:49:19,556 the richest country on the planet, 1115 00:49:19,556 --> 00:49:21,892 half of American families 1116 00:49:21,892 --> 00:49:24,194 couldn't pay a $400 bill 1117 00:49:24,194 --> 00:49:25,896 that landed on their doorstep 1118 00:49:25,896 --> 00:49:27,431 without going into debt 1119 00:49:27,431 --> 00:49:28,765 or selling something. 1120 00:49:28,765 --> 00:49:31,401 That's because corporate executives 1121 00:49:31,401 --> 00:49:32,769 and corporate lobbyists 1122 00:49:32,769 --> 00:49:36,073 are constantly able to change the rules of the game 1123 00:49:36,073 --> 00:49:38,308 in the favour of the people who are already wealthy 1124 00:49:38,308 --> 00:49:40,444 and powerful, 1125 00:49:40,444 --> 00:49:43,513 making it harder to form a union, 1126 00:49:43,513 --> 00:49:46,850 making it easier for mega-corporations 1127 00:49:46,850 --> 00:49:49,920 to shut out competition from smaller businesses, 1128 00:49:49,920 --> 00:49:51,722 slashing the taxes 1129 00:49:51,722 --> 00:49:53,890 on wealthy people and corporations, 1130 00:49:53,890 --> 00:49:55,892 and shifting more of the responsibility 1131 00:49:55,892 --> 00:49:58,061 on working-class people. 1132 00:49:59,229 --> 00:50:02,733 [Marshall Ganz] The result is economic inequality. 1133 00:50:02,733 --> 00:50:05,235 It's a real moral outrage, 1134 00:50:05,235 --> 00:50:10,440 and it can't be dealt with separate from race and gender. 1135 00:50:10,440 --> 00:50:12,943 We can't really deal with these inequalities separately 1136 00:50:12,943 --> 00:50:15,045 because they're all so interwoven. 1137 00:50:15,045 --> 00:50:16,613 The Black and brown people 1138 00:50:16,613 --> 00:50:18,548 who are impacted by police brutality, 1139 00:50:18,548 --> 00:50:20,917 women who are impacted by sexual harassment 1140 00:50:20,917 --> 00:50:21,885 in the workplace, 1141 00:50:21,885 --> 00:50:24,521 the enormous numbers of workers 1142 00:50:24,521 --> 00:50:27,391 who are struggling with poverty and homelessness, 1143 00:50:27,391 --> 00:50:30,227 and all the degeneration that we see under capitalism 1144 00:50:30,227 --> 00:50:31,895 for no fault of theirs. 1145 00:50:31,895 --> 00:50:34,731 We're talking about a global economy 1146 00:50:34,731 --> 00:50:38,402 that, for all the wealth that was generated last year, 1147 00:50:38,402 --> 00:50:41,171 a trillion dollars of that new wealth 1148 00:50:41,171 --> 00:50:43,774 went to just 500 individuals. 1149 00:50:43,774 --> 00:50:45,208 I know you have a lot of-- 1150 00:50:45,208 --> 00:50:46,543 [Dimon] I'd love to call her up 1151 00:50:46,543 --> 00:50:47,878 and have a conversation about her financial affairs 1152 00:50:47,878 --> 00:50:49,946 and see if we can be helpful. 1153 00:50:49,946 --> 00:50:51,048 [Porter] See if you can find a way 1154 00:50:51,048 --> 00:50:52,649 for her to live on less than the minimum 1155 00:50:52,649 --> 00:50:54,217 that I've described? 1156 00:50:54,217 --> 00:50:55,218 [Dimon] Just be helpful. 1157 00:50:55,218 --> 00:50:58,388 [Giridharadas] The 1% and 0.01% 1158 00:50:58,388 --> 00:51:00,257 is a group of folks 1159 00:51:00,257 --> 00:51:01,725 who talk an extraordinary game, 1160 00:51:01,725 --> 00:51:03,727 and also act an extraordinary game, 1161 00:51:03,727 --> 00:51:06,930 of trying to help out in an age of inequality, 1162 00:51:06,930 --> 00:51:10,967 and who are willing to do absolutely anything to help 1163 00:51:10,967 --> 00:51:13,904 except stepping off the backs 1164 00:51:13,904 --> 00:51:16,807 of the working people of this country 1165 00:51:16,807 --> 00:51:18,041 who have been screwed 1166 00:51:18,041 --> 00:51:23,113 and, and, and passed over by four decades worth of change. 1167 00:51:23,113 --> 00:51:24,214 [Ray Madoff] There's a great quote 1168 00:51:24,214 --> 00:51:26,883 that was attributed to Justice Brandeis 1169 00:51:26,883 --> 00:51:30,087 that said you can have democracy, 1170 00:51:30,087 --> 00:51:32,389 or you can have large accumulations of wealth, 1171 00:51:32,389 --> 00:51:33,890 but you can't have both. 1172 00:51:33,890 --> 00:51:37,727 That wealth gives them a tremendous amount of power, 1173 00:51:37,727 --> 00:51:40,397 both in promoting our political leaders, 1174 00:51:40,397 --> 00:51:42,599 in promoting a legislative agenda, 1175 00:51:42,599 --> 00:51:44,935 in every aspect of our society. 1176 00:51:50,607 --> 00:51:51,975 [Alexandria Ocasio-Cortez] If I want to run a campaign 1177 00:51:51,975 --> 00:51:53,777 that is entirely funded 1178 00:51:53,777 --> 00:51:56,046 by corporate political action committees, 1179 00:51:56,046 --> 00:51:58,381 is there anything that legally prevents me 1180 00:51:58,381 --> 00:51:59,382 from doing that? 1181 00:51:59,382 --> 00:52:01,051 No. 1182 00:52:01,051 --> 00:52:02,853 So now I'm elected, now I'm in, 1183 00:52:02,853 --> 00:52:06,523 I've got the power to draft, lobby, and shape the laws 1184 00:52:06,523 --> 00:52:09,259 that govern the United States of America. 1185 00:52:09,259 --> 00:52:12,729 Are there any limits on the laws that I can write 1186 00:52:12,729 --> 00:52:14,197 or influence? 1187 00:52:14,197 --> 00:52:15,065 There's no limit. 1188 00:52:15,065 --> 00:52:16,233 So there's none, 1189 00:52:16,233 --> 00:52:17,734 so I can be totally funded by big pharma, 1190 00:52:17,734 --> 00:52:19,436 come in, write big pharma laws, 1191 00:52:19,436 --> 00:52:21,071 and there's no limits to that whatsoever? 1192 00:52:21,071 --> 00:52:22,272 That's right. 1193 00:52:22,272 --> 00:52:23,940 Is there anything preventing me 1194 00:52:23,940 --> 00:52:27,777 from holding stocks, say, in an oil or gas company, 1195 00:52:27,777 --> 00:52:32,349 and then writing laws to deregulate that industry 1196 00:52:32,349 --> 00:52:36,052 and potentially cause the stock value to soar, 1197 00:52:36,052 --> 00:52:39,389 and accrue a lot of money in that time? 1198 00:52:39,389 --> 00:52:41,224 -You could do that, yes. -Oh, okay, great. 1199 00:52:41,224 --> 00:52:43,226 [Vandana Shiva] I think we've seen the disappearance 1200 00:52:43,226 --> 00:52:44,961 of independent governments, 1201 00:52:44,961 --> 00:52:47,230 with the rise of corporate rule. 1202 00:52:47,230 --> 00:52:51,601 We have seen more and more takeover of government, 1203 00:52:51,601 --> 00:52:53,570 takeover of electoral processes. 1204 00:52:53,570 --> 00:52:56,573 The problem is a corporate system 1205 00:52:56,573 --> 00:52:57,807 and a political system, 1206 00:52:57,807 --> 00:53:01,511 where governments see their main role 1207 00:53:01,511 --> 00:53:05,048 as facilitating private corporations 1208 00:53:05,048 --> 00:53:07,717 to basically do whatever the hell. 1209 00:53:07,717 --> 00:53:12,389 Nothing more starkly illustrates this 1210 00:53:12,389 --> 00:53:15,525 than our Federal Treasurer picking up a lump of coal 1211 00:53:15,525 --> 00:53:17,861 and carrying it around Parliament House. 1212 00:53:17,861 --> 00:53:19,062 Mr. Speaker. 1213 00:53:19,062 --> 00:53:20,130 This is coal. 1214 00:53:20,130 --> 00:53:21,898 Don't be afraid, don't be scared. 1215 00:53:21,898 --> 00:53:24,768 [Speaker] The Treasurer knows the rule on props! 1216 00:53:24,768 --> 00:53:26,069 It's coal. 1217 00:53:26,069 --> 00:53:27,470 Mr. Speaker, those opposite 1218 00:53:27,470 --> 00:53:31,541 have an ideological, pathological fear of coal. 1219 00:53:31,541 --> 00:53:33,710 Affordable energy 1220 00:53:33,710 --> 00:53:36,146 is what Australian businesses need 1221 00:53:36,146 --> 00:53:38,048 to remain competitive. 1222 00:53:38,048 --> 00:53:40,050 [Narrator] This is Scott Morrison. 1223 00:53:40,050 --> 00:53:41,384 He later became Prime Minister. 1224 00:53:42,686 --> 00:53:45,055 He heads a group of high-level politicians 1225 00:53:45,055 --> 00:53:47,958 with deep ties to the major coal companies. 1226 00:53:47,958 --> 00:53:50,727 Take note of this one-- Adani. 1227 00:53:50,727 --> 00:53:52,762 We'll return to it later. 1228 00:53:54,030 --> 00:53:55,465 What's happening in Australia 1229 00:53:55,465 --> 00:53:58,902 is just one part of a larger global story. 1230 00:53:58,902 --> 00:54:02,505 [May] It's become accepted that corporations are in charge. 1231 00:54:03,640 --> 00:54:06,610 Governments are incredibly subservient 1232 00:54:06,610 --> 00:54:08,845 to corporate rule. 1233 00:54:10,380 --> 00:54:11,781 [Weissman] In the United States, 1234 00:54:11,781 --> 00:54:14,251 we've seen, under the Trump administration, 1235 00:54:14,251 --> 00:54:17,053 the wholesale corporate takeover of government 1236 00:54:17,053 --> 00:54:19,723 on a scale with no historic precedent. 1237 00:54:21,224 --> 00:54:24,194 It's beyond the wildest dreams of the corporate sector, 1238 00:54:24,194 --> 00:54:26,896 especially in the area of deregulation. 1239 00:54:30,166 --> 00:54:32,736 I pledged to eliminate 1240 00:54:32,736 --> 00:54:35,238 two unnecessary regulations 1241 00:54:35,238 --> 00:54:38,275 for every one new regulation. 1242 00:54:38,275 --> 00:54:43,046 We have succeeded beyond our highest expectations. 1243 00:54:43,046 --> 00:54:46,249 Instead of two for one... 1244 00:54:46,249 --> 00:54:50,987 we have cut 22 burdensome regulations 1245 00:54:50,987 --> 00:54:54,391 for every one new rule. 1246 00:54:54,391 --> 00:54:59,396 I'm willing to bet that those are made-up numbers. 1247 00:54:59,396 --> 00:55:02,065 But the issue in regulation or deregulation 1248 00:55:02,065 --> 00:55:03,733 is not the number. 1249 00:55:03,733 --> 00:55:05,135 I mean, that's really absurd. 1250 00:55:05,135 --> 00:55:06,569 What you want to know is, you know, 1251 00:55:06,569 --> 00:55:09,406 do you want to have another financial crisis? 1252 00:55:09,406 --> 00:55:10,874 Well, if you do, 1253 00:55:10,874 --> 00:55:14,044 let's get rid of the financial regulations. 1254 00:55:15,445 --> 00:55:17,981 [Reich] Corporations have said, repeatedly, 1255 00:55:17,981 --> 00:55:19,883 "We are responsible now, 1256 00:55:19,883 --> 00:55:22,552 we understand the public interest, 1257 00:55:22,552 --> 00:55:24,487 so we don't have to be regulated, 1258 00:55:24,487 --> 00:55:25,722 we can self-regulate." 1259 00:55:25,722 --> 00:55:27,891 Well, they've got obvious self-interest in saying that. 1260 00:55:27,891 --> 00:55:29,359 The reason they can't self-regulate 1261 00:55:29,359 --> 00:55:31,361 is that that's not what they're about. 1262 00:55:31,361 --> 00:55:34,230 They're about trying to make profit. 1263 00:55:34,230 --> 00:55:35,231 Routinely, 1264 00:55:35,231 --> 00:55:36,966 when government regulation fails, 1265 00:55:36,966 --> 00:55:38,735 companies in the pursuit of profit 1266 00:55:38,735 --> 00:55:40,236 endanger people, 1267 00:55:40,236 --> 00:55:41,571 and that's not a hypothetical. 1268 00:55:41,571 --> 00:55:42,906 It means people get poisoned, 1269 00:55:42,906 --> 00:55:44,841 they get diseases, they get sick. 1270 00:55:44,841 --> 00:55:46,209 Corners will be cut, 1271 00:55:46,209 --> 00:55:48,511 and people will be injured, and people will be killed. 1272 00:55:48,511 --> 00:55:51,781 We see it over and over again. 1273 00:55:52,982 --> 00:55:55,385 [♪] 1274 00:56:18,375 --> 00:56:20,944 [♪] 1275 00:56:49,906 --> 00:56:52,876 [♪] 1276 00:57:01,551 --> 00:57:04,888 [Lustgarten] Every industry has fought regulation. 1277 00:57:04,888 --> 00:57:07,624 They all resist oversight by the government 1278 00:57:07,624 --> 00:57:10,393 because regulation increases their cost of operating, 1279 00:57:10,393 --> 00:57:12,395 but I've never seen an industry that's fought it 1280 00:57:12,395 --> 00:57:14,964 more than the oil and gas industry... 1281 00:57:14,964 --> 00:57:18,001 [tape rewinding] 1282 00:57:18,001 --> 00:57:20,003 [explosion roaring] 1283 00:57:21,070 --> 00:57:22,439 [Narrator] Remember this? 1284 00:57:22,439 --> 00:57:26,376 This, too, was a consequence of deregulation. 1285 00:57:26,376 --> 00:57:27,811 [thud] 1286 00:57:27,811 --> 00:57:30,113 [♪] 1287 00:57:43,193 --> 00:57:44,427 As a result 1288 00:57:44,427 --> 00:57:47,430 of the Deepwater Horizon catastrophe, 1289 00:57:47,430 --> 00:57:49,899 nearly 200 million gallons of crude oil 1290 00:57:49,899 --> 00:57:52,235 spilled into the Gulf of Mexico, 1291 00:57:52,235 --> 00:57:53,570 making it one of the worst 1292 00:57:53,570 --> 00:57:55,839 environmental and deregulation disasters 1293 00:57:55,839 --> 00:57:57,874 in history. 1294 00:57:58,942 --> 00:58:02,378 But deregulation wasn't the only problem. 1295 00:58:02,378 --> 00:58:05,715 BP was also recklessly breaking the law. 1296 00:58:07,884 --> 00:58:11,254 And they're not alone in being corporate lawbreakers. 1297 00:58:34,110 --> 00:58:36,613 [Weissman] Corporations will certainly do things 1298 00:58:36,613 --> 00:58:39,649 that are wrong, that are unethical, 1299 00:58:39,649 --> 00:58:41,384 if they're legal and permissible. 1300 00:58:41,384 --> 00:58:43,386 And all the empirical evidence 1301 00:58:43,386 --> 00:58:46,222 says that they will also violate the law routinely, 1302 00:58:46,222 --> 00:58:47,557 either intentionally 1303 00:58:47,557 --> 00:58:49,225 or because they'll just go over the lines, 1304 00:58:49,225 --> 00:58:51,561 if there's profits to be made. 1305 00:58:52,629 --> 00:58:55,431 [Brad Beckworth] This opioid crisis is a killer, 1306 00:58:55,431 --> 00:58:59,569 and it's a killer that does not discriminate. 1307 00:58:59,569 --> 00:59:02,005 [♪] 1308 00:59:12,715 --> 00:59:14,384 [Narrator] Lives are being destroyed 1309 00:59:14,384 --> 00:59:17,253 as corporations profit from their playbook moves... 1310 00:59:20,490 --> 00:59:22,425 ...as they play to win. 1311 00:59:23,560 --> 00:59:26,729 [Hedges] These corporate forces have no limits 1312 00:59:26,729 --> 00:59:29,933 and these forces have... 1313 00:59:29,933 --> 00:59:33,803 put the very human species itself at risk. 1314 00:59:33,803 --> 00:59:35,905 [♪] 1315 00:59:39,709 --> 00:59:42,045 [plastic clattering as waves rumble] 1316 00:59:43,813 --> 00:59:46,883 [♪] 1317 00:59:54,624 --> 00:59:57,894 [Shiva] The giant ecocidal corporations-- 1318 00:59:57,894 --> 01:00:01,197 they're literally playing casino with life on Earth. 1319 01:00:02,231 --> 01:00:04,167 Their logic of profits, 1320 01:00:04,167 --> 01:00:07,403 their process of profits 1321 01:00:07,403 --> 01:00:08,571 is the death of nature. 1322 01:00:10,773 --> 01:00:12,475 [Announcer] Whenever you mess with nature, 1323 01:00:12,475 --> 01:00:15,378 you don't know for sure what the exact impact will be. 1324 01:00:15,378 --> 01:00:16,713 [Announcer 2] We chop down forests, 1325 01:00:16,713 --> 01:00:18,214 we bring livestock into new regions, 1326 01:00:18,214 --> 01:00:20,083 and we spread these new diseases. 1327 01:00:20,083 --> 01:00:22,051 We're at the source of this problem. 1328 01:00:22,051 --> 01:00:23,386 [Announcer 3] The major cities all around the world 1329 01:00:23,386 --> 01:00:25,922 are vulnerable to a disease arriving in the city 1330 01:00:25,922 --> 01:00:27,657 and then causing a major epidemic. 1331 01:00:27,657 --> 01:00:30,560 Again, we're seeing that more and more. 1332 01:00:30,560 --> 01:00:33,896 [Shiva] The rate at which new disease epidemics 1333 01:00:33,896 --> 01:00:35,131 are originating, 1334 01:00:35,131 --> 01:00:38,835 many of them moving from forests and wild species 1335 01:00:38,835 --> 01:00:40,069 to humans, 1336 01:00:40,069 --> 01:00:42,338 is partly because of 1337 01:00:42,338 --> 01:00:45,375 corporate invasions into ecosystems 1338 01:00:45,375 --> 01:00:47,543 and violence to animals. 1339 01:00:47,543 --> 01:00:49,712 The attack on other species 1340 01:00:49,712 --> 01:00:52,515 is bouncing back as an attack on us. 1341 01:00:54,717 --> 01:00:56,719 [♪] 1342 01:00:56,719 --> 01:00:59,489 [Announcer] All of Italy is now effectively a red zone. 1343 01:00:59,489 --> 01:01:01,924 [Announcer 2] Warnings from Sao Paulo are dire. 1344 01:01:01,924 --> 01:01:03,059 [Announcer 3] In the United States, 1345 01:01:03,059 --> 01:01:05,895 disaster's been declared in all 50 states. 1346 01:01:07,230 --> 01:01:08,698 [Narrator] When the coronavirus hit 1347 01:01:08,698 --> 01:01:10,566 in the spring of 2020, 1348 01:01:10,566 --> 01:01:11,901 it laid bare 1349 01:01:11,901 --> 01:01:14,103 the unjust and dangerous faultlines 1350 01:01:14,103 --> 01:01:16,139 of corporate capitalism. 1351 01:01:16,139 --> 01:01:17,240 [Announcer] African-Americans 1352 01:01:20,510 --> 01:01:22,912 have been hit hardest by the virus. 1353 01:01:23,946 --> 01:01:27,583 Despite for accounting for 14% of Michigan's population, 1354 01:01:27,583 --> 01:01:31,020 they represent 41% of its COVID victims, 1355 01:01:34,624 --> 01:01:37,360 I'm praying that's it's not... 1356 01:01:37,360 --> 01:01:40,697 I haven't been in contact with nobody that has it. 1357 01:01:42,465 --> 01:01:43,733 [woman] We got a possible COVID, 1358 01:01:43,733 --> 01:01:44,901 52-year-old male. 1359 01:01:44,901 --> 01:01:46,069 10 minutes out. 1360 01:01:46,069 --> 01:01:48,604 [man] I'll be honest with you, I can barely keep track. 1361 01:01:54,610 --> 01:01:55,878 [Stacy Mitchell] This is the culmination 1362 01:01:55,878 --> 01:01:59,048 of decades of tilting policy, 1363 01:01:59,048 --> 01:02:00,683 tilting public resources 1364 01:02:00,683 --> 01:02:02,685 in favour of the biggest corporations. 1365 01:02:04,220 --> 01:02:07,090 Fewer hospitals, fewer hospital beds, 1366 01:02:07,090 --> 01:02:09,726 less capacity to be able to be able to respond 1367 01:02:09,726 --> 01:02:12,395 in an emergency like this. 1368 01:02:12,395 --> 01:02:14,864 [♪] 1369 01:02:26,876 --> 01:02:30,880 Other systems are also breaking down right now. 1370 01:02:30,880 --> 01:02:32,381 Essential workers, 1371 01:02:32,381 --> 01:02:33,716 people who are on the frontlines 1372 01:02:33,716 --> 01:02:36,219 of getting our groceries to us, 1373 01:02:36,219 --> 01:02:37,987 are really putting their lives on the line 1374 01:02:37,987 --> 01:02:39,922 without any kind of real backing 1375 01:02:39,922 --> 01:02:42,892 from the companies that employ them. 1376 01:02:42,892 --> 01:02:45,261 This is partly the product 1377 01:02:45,261 --> 01:02:47,096 of the absence of labour protections, 1378 01:02:47,096 --> 01:02:49,232 unions, and so on. 1379 01:02:49,232 --> 01:02:51,100 [♪] 1380 01:02:51,100 --> 01:02:53,803 What we're seeing is a continuation 1381 01:02:53,803 --> 01:02:58,141 of the ways that corporations have undermined 1382 01:02:58,141 --> 01:02:59,876 ordinary people's ability 1383 01:02:59,876 --> 01:03:02,945 to have any say over their lives. 1384 01:03:02,945 --> 01:03:06,415 This is actually not a crisis full of novelties, 1385 01:03:06,415 --> 01:03:08,551 it's a crisis full of revelation. 1386 01:03:08,551 --> 01:03:12,054 For example, the same exact dynamic 1387 01:03:12,054 --> 01:03:15,358 of the 2008 financial crisis bailout, 1388 01:03:15,358 --> 01:03:17,593 where the most powerful gained power 1389 01:03:17,593 --> 01:03:20,363 as a net result of those bailouts, 1390 01:03:20,363 --> 01:03:22,298 that is literally happening again-- maybe worse. 1391 01:03:22,298 --> 01:03:24,600 [♪] 1392 01:03:24,600 --> 01:03:26,602 [Narrator] As ordinary people suffered 1393 01:03:26,602 --> 01:03:29,238 the despair and harsh effects of economic breakdown, 1394 01:03:29,238 --> 01:03:32,108 giant corporations were thrown a lifeline. 1395 01:03:32,108 --> 01:03:34,043 [McConnell] Madame President, I have an update. 1396 01:03:34,043 --> 01:03:37,547 At last, we have a deal. 1397 01:03:37,547 --> 01:03:40,817 [Ocasio-Cortez] What did the Senate Majority fight for? 1398 01:03:40,817 --> 01:03:42,418 One of the largest corporate bailouts, 1399 01:03:42,418 --> 01:03:44,353 with as few strings as possible, 1400 01:03:44,353 --> 01:03:46,556 in American history. 1401 01:03:46,556 --> 01:03:47,723 Shameful! 1402 01:03:47,723 --> 01:03:51,127 The greed of that fight is wrong, 1403 01:03:51,127 --> 01:03:53,429 for crumbs for our families, 1404 01:03:53,429 --> 01:03:55,064 and the option that we have 1405 01:03:55,064 --> 01:03:58,267 is to either let them suffer with nothing 1406 01:03:58,267 --> 01:04:01,637 or to allow this greed and billions of dollars, 1407 01:04:01,637 --> 01:04:03,906 which will be leveraged into trillions of dollars, 1408 01:04:03,906 --> 01:04:04,841 to contribute 1409 01:04:04,841 --> 01:04:06,709 to the largest income inequality gap 1410 01:04:06,709 --> 01:04:08,444 in our future. 1411 01:04:09,512 --> 01:04:10,713 [Reich] Once again, 1412 01:04:10,713 --> 01:04:13,382 the very wealthy big corporations 1413 01:04:13,382 --> 01:04:14,917 did extraordinarily well. 1414 01:04:14,917 --> 01:04:15,985 Over the last year and a half, 1415 01:04:15,985 --> 01:04:18,354 they've spent over a trillion dollars 1416 01:04:18,354 --> 01:04:20,389 buying back their shares of stock 1417 01:04:20,389 --> 01:04:23,559 to artificially boost their share prices, 1418 01:04:23,559 --> 01:04:26,229 so that the top executives and major investors 1419 01:04:26,229 --> 01:04:27,563 would benefit. 1420 01:04:27,563 --> 01:04:29,398 They could've used that trillion dollars 1421 01:04:29,398 --> 01:04:32,101 as a cushion against the big rainy day, 1422 01:04:32,101 --> 01:04:33,502 the storm that we now have. 1423 01:04:33,502 --> 01:04:34,737 They didn't. 1424 01:04:34,737 --> 01:04:36,806 Instead, they got bailed out! 1425 01:04:36,806 --> 01:04:41,210 It's socialism for the rich, corporate socialism, 1426 01:04:41,210 --> 01:04:43,846 but also the harshest form of capitalism 1427 01:04:43,846 --> 01:04:47,850 for most working people and the poor. 1428 01:04:47,850 --> 01:04:50,553 [Weissman] The crisis is highlighting 1429 01:04:50,553 --> 01:04:53,089 that we're absolutely unprepared 1430 01:04:53,089 --> 01:04:54,557 to deal with disasters 1431 01:04:54,557 --> 01:04:56,459 like what we're facing right now, 1432 01:04:56,459 --> 01:05:00,863 and we also have this other, even bigger looming crisis, 1433 01:05:00,863 --> 01:05:02,732 which is the climate catastrophe. 1434 01:05:02,732 --> 01:05:04,734 That's not going anywhere. 1435 01:05:04,734 --> 01:05:06,769 [♪] 1436 01:05:10,273 --> 01:05:13,175 [McGhee] It's no exaggeration to say 1437 01:05:13,175 --> 01:05:17,213 that the greed economy is killing us. 1438 01:05:17,213 --> 01:05:19,782 It's killing off species. 1439 01:05:19,782 --> 01:05:23,419 It's depleting our natural resources. 1440 01:05:23,419 --> 01:05:26,422 It's poisoning our people. 1441 01:05:27,657 --> 01:05:29,392 A handful of corporations 1442 01:05:29,392 --> 01:05:33,195 are allowed to put next quarter's profits 1443 01:05:33,195 --> 01:05:35,564 ahead of the next generation. 1444 01:05:36,732 --> 01:05:38,134 When our children and grandchildren 1445 01:05:38,134 --> 01:05:40,469 look back in the history books 1446 01:05:40,469 --> 01:05:41,737 and ask the question, 1447 01:05:41,737 --> 01:05:47,643 "Why didn't we stop the crisis of climate change?" 1448 01:05:47,643 --> 01:05:50,279 The only answer we'll have for them 1449 01:05:50,279 --> 01:05:53,382 is that it was profitable for a handful of corporations 1450 01:05:53,382 --> 01:05:55,885 to keep polluting our planet. 1451 01:05:55,885 --> 01:05:58,220 [fires raging] 1452 01:05:58,220 --> 01:06:00,923 [Lustgarten] The changes that we fear are coming faster 1453 01:06:00,923 --> 01:06:02,425 than anybody thought. 1454 01:06:02,425 --> 01:06:03,960 The impacts from them 1455 01:06:03,960 --> 01:06:06,729 are going to be far worse than we thought. 1456 01:06:08,297 --> 01:06:10,333 It's also going to change 1457 01:06:10,333 --> 01:06:13,903 the entire global dynamic around equality. 1458 01:06:13,903 --> 01:06:16,105 The world is going to divide in ways 1459 01:06:16,105 --> 01:06:19,608 that we have a difficult time imagining now. 1460 01:06:19,608 --> 01:06:21,143 We're headed for a world 1461 01:06:21,143 --> 01:06:24,280 that sees a protected, privileged few 1462 01:06:24,280 --> 01:06:26,749 surrounded by an immensely impoverished 1463 01:06:26,749 --> 01:06:30,186 majority of the global population. 1464 01:06:31,253 --> 01:06:33,255 [Narrator] With the impacts of climate change 1465 01:06:33,255 --> 01:06:34,724 now in plain view, 1466 01:06:34,724 --> 01:06:35,925 fossil-fuel companies 1467 01:06:35,925 --> 01:06:39,195 have stopped actively denying that's it's happening. 1468 01:06:40,529 --> 01:06:42,264 [Anjali Appadurai] They've discovered 1469 01:06:42,264 --> 01:06:43,966 that a better strategy for them now 1470 01:06:43,966 --> 01:06:46,902 in the age of active climate breakdown, 1471 01:06:46,902 --> 01:06:48,404 is to charm us all 1472 01:06:48,404 --> 01:06:52,308 into believing that they're part of the solution, 1473 01:06:52,308 --> 01:06:55,378 saying, "Okay, we're going to invest in renewables, 1474 01:06:55,378 --> 01:06:56,946 but meanwhile, 1475 01:06:56,946 --> 01:06:59,615 we have to keep using fossil fuels for a long time, 1476 01:06:59,615 --> 01:07:02,251 so, you know, we can use lighter fuels, like natural gas, 1477 01:07:02,251 --> 01:07:04,053 but we have to be realistic." 1478 01:07:04,053 --> 01:07:05,888 It is impossible-- 1479 01:07:05,888 --> 01:07:07,056 impossible-- 1480 01:07:07,056 --> 01:07:10,960 to displace carbon fully for a very long time. 1481 01:07:10,960 --> 01:07:15,398 Gas is a very good carbon fuel. 1482 01:07:16,732 --> 01:07:17,900 [Lustgarten] You have to see this 1483 01:07:17,900 --> 01:07:19,101 as one more arrow 1484 01:07:19,101 --> 01:07:21,837 in the large quiver of delay tactics 1485 01:07:21,837 --> 01:07:23,572 and ways to preserve 1486 01:07:23,572 --> 01:07:25,441 what's really the core of their business, 1487 01:07:25,441 --> 01:07:28,644 not the core of the best interest of society. 1488 01:07:28,644 --> 01:07:29,712 We need to transition 1489 01:07:29,712 --> 01:07:32,214 to the cleanest form of carbon-free energy 1490 01:07:32,214 --> 01:07:33,582 as quickly as possible. 1491 01:07:33,582 --> 01:07:35,217 If we were to do this by tomorrow, 1492 01:07:35,217 --> 01:07:36,852 it wouldn't be fast enough. 1493 01:07:36,852 --> 01:07:38,554 I mean, we'd just be stupid, 1494 01:07:38,554 --> 01:07:41,557 if we looked to the coal and gas and oil industry 1495 01:07:41,557 --> 01:07:43,292 for a clean-energy future. 1496 01:07:43,292 --> 01:07:44,760 That's not what they do. 1497 01:07:44,760 --> 01:07:46,595 They have a business model. 1498 01:07:46,595 --> 01:07:48,230 They're going to pursue that business model 1499 01:07:48,230 --> 01:07:49,899 until the end of time, 1500 01:07:49,899 --> 01:07:51,067 and they may do that 1501 01:07:51,067 --> 01:07:52,902 if we're not able to control them. 1502 01:07:52,902 --> 01:07:54,570 The fossil-fuel industry 1503 01:07:54,570 --> 01:07:57,973 actually doesn't plan to stop increasing production 1504 01:07:57,973 --> 01:07:59,708 and increasing extraction 1505 01:07:59,708 --> 01:08:01,210 anytime soon. 1506 01:08:01,210 --> 01:08:02,878 In fact, they're doubling down on it. 1507 01:08:02,878 --> 01:08:07,249 Their goal is to extract as much as possible 1508 01:08:07,249 --> 01:08:11,253 before it becomes just completely unviable 1509 01:08:11,253 --> 01:08:12,254 for them to do so. 1510 01:08:14,423 --> 01:08:16,559 [Narrator] The fossil-fuel industry 1511 01:08:16,559 --> 01:08:18,594 is ramping up new mega-projects. 1512 01:08:18,594 --> 01:08:19,595 [ding] 1513 01:08:19,595 --> 01:08:21,764 Some companies are pursuing profits 1514 01:08:21,764 --> 01:08:24,266 from even the dirtiest fuels. 1515 01:08:25,334 --> 01:08:27,169 Like Adani. 1516 01:08:27,169 --> 01:08:29,238 [Hepburn] Around 2011, 1517 01:08:29,238 --> 01:08:32,374 there were plans for nine new coal export ports 1518 01:08:32,374 --> 01:08:35,544 up and down the Great Barrier Reef Coast. 1519 01:08:35,544 --> 01:08:37,813 Adani's proposed Carmichael Mine 1520 01:08:37,813 --> 01:08:41,884 would be a 60-million-ton-a-year thermal coal mine 1521 01:08:41,884 --> 01:08:43,552 in the middle of the Galilee Basin. 1522 01:08:45,488 --> 01:08:47,556 [Murrawah Johnson] It's the largest new proposed 1523 01:08:47,556 --> 01:08:49,592 coal project in the world. 1524 01:08:49,592 --> 01:08:52,561 40 kilometres by 13 kilometres, 1525 01:08:52,561 --> 01:08:55,598 entirely encompassed 1526 01:08:55,598 --> 01:08:57,733 within Wangan and Jagalingou country. 1527 01:08:59,235 --> 01:09:00,736 [Sam La Rocca] It is on the doorstep 1528 01:09:00,736 --> 01:09:02,805 of the Great Barrier Reef, 1529 01:09:02,805 --> 01:09:06,542 an already very stressed and vulnerable ecosystem, 1530 01:09:06,542 --> 01:09:07,943 and what we're gonna see 1531 01:09:07,943 --> 01:09:09,345 is 500 more coal ships 1532 01:09:09,345 --> 01:09:10,713 every year, 1533 01:09:10,713 --> 01:09:13,582 trudging through a stressed reef 1534 01:09:13,582 --> 01:09:15,384 that, what scientists are telling us, 1535 01:09:15,384 --> 01:09:17,253 is already half-dead. 1536 01:09:17,253 --> 01:09:20,890 The Adani Carmichael Mine would drive global warming, 1537 01:09:20,890 --> 01:09:24,260 it would destroy habitat for endangered species, 1538 01:09:24,260 --> 01:09:27,229 it would destroy groundwater, 1539 01:09:27,229 --> 01:09:30,065 and it would disenfranchise Wangan and Jagalingou, 1540 01:09:30,065 --> 01:09:32,568 traditional owners of that country. 1541 01:09:32,568 --> 01:09:34,236 [Johnson] Wangan and Jagalingou, 1542 01:09:34,236 --> 01:09:36,672 we're a problem for Adani, 1543 01:09:36,672 --> 01:09:39,041 so they're gonna do whatever they can 1544 01:09:39,041 --> 01:09:41,610 to try and get rid of that problem. 1545 01:09:44,046 --> 01:09:46,448 We know that the mechanisms of the state 1546 01:09:46,448 --> 01:09:49,151 line-up to work for mining companies and corporations, 1547 01:09:49,151 --> 01:09:53,389 essentially to roll over aboriginal people, 1548 01:09:53,389 --> 01:09:55,424 to get past us. 1549 01:09:57,927 --> 01:09:59,929 [Chief Judy Wilson] The government and the state 1550 01:09:59,929 --> 01:10:01,797 and the corporations 1551 01:10:01,797 --> 01:10:03,566 devise ways, saying, 1552 01:10:03,566 --> 01:10:04,633 "Oh, we want to put this mine in, 1553 01:10:04,633 --> 01:10:05,634 we just want to do it, 1554 01:10:05,634 --> 01:10:07,236 we just want to put this pipeline in," 1555 01:10:07,236 --> 01:10:09,338 and "oh, these people are in our way, 1556 01:10:09,338 --> 01:10:10,806 we need to remove them." 1557 01:10:10,806 --> 01:10:14,043 [protesters shouting] 1558 01:10:14,043 --> 01:10:15,211 [blows landing] 1559 01:10:15,211 --> 01:10:16,779 You know, they use their security, 1560 01:10:16,779 --> 01:10:18,380 they use our own aboriginal police against us, 1561 01:10:18,380 --> 01:10:20,883 they use every means they can. 1562 01:10:22,551 --> 01:10:23,886 [Chief Phillip] To indigenous people, 1563 01:10:23,886 --> 01:10:26,589 it is clearly a life-and-death struggle. 1564 01:10:26,589 --> 01:10:31,360 That's what you're witnessing happening around the world-- 1565 01:10:31,360 --> 01:10:33,762 this destructive corporate agenda 1566 01:10:33,762 --> 01:10:37,066 that is completely out of control. 1567 01:10:37,066 --> 01:10:39,902 [guns firing, people shouting] 1568 01:10:44,073 --> 01:10:47,876 [♪] 1569 01:11:03,592 --> 01:11:06,895 When a society begins to understand 1570 01:11:06,895 --> 01:11:09,465 that that good job that they had or their parents had 1571 01:11:09,465 --> 01:11:11,667 is never coming back, 1572 01:11:11,667 --> 01:11:15,237 that they are going to be working 70 hours a week, 1573 01:11:15,237 --> 01:11:18,540 and still be consumed by crippling debt peonage... 1574 01:11:18,540 --> 01:11:20,709 that all of their dreams 1575 01:11:20,709 --> 01:11:24,046 that Oprah and everyone else has told them 1576 01:11:24,046 --> 01:11:25,781 can come to fruition 1577 01:11:25,781 --> 01:11:27,016 are never going to arrive... 1578 01:11:27,016 --> 01:11:30,886 and they scream for vengeance and moral renewal, 1579 01:11:30,886 --> 01:11:32,888 and they look 1580 01:11:32,888 --> 01:11:34,423 for the internal enemies that have thwarted 1581 01:11:34,423 --> 01:11:36,058 the possibility 1582 01:11:36,058 --> 01:11:37,559 of their own aggrandizement. 1583 01:11:37,559 --> 01:11:39,595 So then you turn on the vulnerable. 1584 01:11:39,595 --> 01:11:41,597 You turn on Muslims, 1585 01:11:41,597 --> 01:11:44,967 undocumented workers, homosexuals, 1586 01:11:44,967 --> 01:11:47,269 feminists, intellectuals, liberals... 1587 01:11:49,104 --> 01:11:50,172 ...all of those forces 1588 01:11:50,172 --> 01:11:53,542 that you are told have thwarted 1589 01:11:53,542 --> 01:11:56,712 the possibilities that were your "right" to have. 1590 01:11:58,113 --> 01:12:02,184 [Shiva] What you see is a frustration 1591 01:12:02,184 --> 01:12:06,555 that grew out of economic disempowerment, 1592 01:12:06,555 --> 01:12:09,091 turning into a new wave of hate. 1593 01:12:09,091 --> 01:12:10,392 There's no question 1594 01:12:10,392 --> 01:12:12,227 that a lot of people around the world 1595 01:12:12,227 --> 01:12:14,229 have a feeling that we've lived in this age 1596 01:12:14,229 --> 01:12:16,699 that is incredibly abundant in innovation 1597 01:12:16,699 --> 01:12:18,100 but short on progress, 1598 01:12:18,100 --> 01:12:20,102 if progress means most people's lives getting better. 1599 01:12:20,102 --> 01:12:22,738 I'm right-wing and I'm proud of it! 1600 01:12:22,738 --> 01:12:23,906 [crowd jeering and cheering] 1601 01:12:23,906 --> 01:12:25,474 [Giridharadas] It's only a matter of time 1602 01:12:25,474 --> 01:12:31,714 before people want to shatter the system. 1603 01:12:31,714 --> 01:12:33,549 [police radio crackling] 1604 01:12:35,217 --> 01:12:36,885 [Giridharadas] There's no guarantee 1605 01:12:36,885 --> 01:12:38,854 when people rise up to shatter a system, 1606 01:12:38,854 --> 01:12:41,223 whether you get Medicare for all 1607 01:12:41,223 --> 01:12:44,293 or a wall on the Southern border. 1608 01:12:44,293 --> 01:12:46,428 [♪] 1609 01:12:47,563 --> 01:12:50,265 [crowd] 1610 01:12:50,265 --> 01:12:53,469 Build the wall! Build the wall! 1611 01:12:53,469 --> 01:12:55,337 [Ganz] It's akin to the fascist movements 1612 01:12:55,337 --> 01:12:57,740 of the 1920 and '30s, 1613 01:12:57,740 --> 01:13:02,444 where the alienated can feel a sense of empowerment 1614 01:13:02,444 --> 01:13:05,047 by identifying with "the great leader," 1615 01:13:05,047 --> 01:13:07,049 often in these big rallies. 1616 01:13:07,049 --> 01:13:10,819 [Donald Trump speaking, crowd roaring] 1617 01:13:10,819 --> 01:13:12,054 [crowd cheering] 1618 01:13:12,054 --> 01:13:15,691 [Ganz] But it really is like snapshots out of the 1930s, 1619 01:13:15,691 --> 01:13:16,859 this kind of politics 1620 01:13:16,859 --> 01:13:20,229 of hatred and reaction and division. 1621 01:13:23,399 --> 01:13:27,403 [Nick Hanauer] Donald Trump wasn't the problem. 1622 01:13:27,403 --> 01:13:28,937 Donald Trump was 1623 01:13:28,937 --> 01:13:31,073 the symptom of the problem. 1624 01:13:31,073 --> 01:13:32,341 The problem 1625 01:13:32,341 --> 01:13:36,345 is a breakdown in the social cohesion 1626 01:13:36,345 --> 01:13:40,883 that makes democracy and civil society possible. 1627 01:13:44,353 --> 01:13:47,322 And that breakdown in social cohesion 1628 01:13:47,322 --> 01:13:48,724 in turn was created 1629 01:13:48,724 --> 01:13:52,628 by 40 years of rising economic inequality, 1630 01:13:52,628 --> 01:13:55,798 by the evisceration of the middle class. 1631 01:13:55,798 --> 01:13:57,433 [heated shouting, indistinct] 1632 01:13:57,433 --> 01:14:00,102 [Hanauer] Collectively, the nation lashed out 1633 01:14:00,102 --> 01:14:03,272 by electing the candidate who was lashing out, too. 1634 01:14:03,272 --> 01:14:04,573 Fuck you! 1635 01:14:04,573 --> 01:14:07,609 Go fucking make my tortilla, motherfucker! 1636 01:14:07,609 --> 01:14:11,046 And build that fuckin' wall, for me! 1637 01:14:11,046 --> 01:14:12,781 [roars] Trump! 1638 01:14:12,781 --> 01:14:17,219 [Brown] This angry right-wing eruption 1639 01:14:17,219 --> 01:14:19,721 completely agreed 1640 01:14:19,721 --> 01:14:21,723 with the free market fundamentalism 1641 01:14:21,723 --> 01:14:22,891 of this new order, 1642 01:14:22,891 --> 01:14:24,860 and represented themselves 1643 01:14:24,860 --> 01:14:26,261 as a people 1644 01:14:26,261 --> 01:14:29,431 whose whiteness, whose traditional values, 1645 01:14:29,431 --> 01:14:32,267 whose Christianity, whose nativism 1646 01:14:32,267 --> 01:14:36,438 should be at the heart of the country's concerns. 1647 01:14:36,438 --> 01:14:38,106 [Steve Bannon] Let them call you "racist." 1648 01:14:38,106 --> 01:14:39,775 [woman interpreting in French] 1649 01:14:39,775 --> 01:14:41,343 Let them call you "xenophobes..." 1650 01:14:41,343 --> 01:14:42,945 [woman interpreting to French] 1651 01:14:42,945 --> 01:14:44,446 Let them call you "nativist." 1652 01:14:44,446 --> 01:14:45,981 [woman interpreting to French] 1653 01:14:45,981 --> 01:14:48,550 Wear it as a badge of honour, 1654 01:14:48,550 --> 01:14:50,219 because every day, 1655 01:14:50,219 --> 01:14:54,323 we get stronger and they get weaker. 1656 01:14:54,323 --> 01:14:55,557 Parts of the population 1657 01:14:55,557 --> 01:14:57,459 are actually leaning toward "strongmen"-- 1658 01:14:57,459 --> 01:14:59,094 Donald Trump. 1659 01:14:59,094 --> 01:15:00,863 a large part of the Turkish population 1660 01:15:00,863 --> 01:15:02,397 is supporting Erdogan, 1661 01:15:02,397 --> 01:15:04,933 or we're seeing it in Hungary with Orban. 1662 01:15:04,933 --> 01:15:07,736 We are proud to stand together with United States 1663 01:15:07,736 --> 01:15:09,805 on fighting against illegal migration, 1664 01:15:09,805 --> 01:15:12,207 on terrorism, 1665 01:15:12,207 --> 01:15:14,376 and to protect and, um, 1666 01:15:14,376 --> 01:15:17,346 help the Christian communities all around the world. 1667 01:15:17,346 --> 01:15:19,548 [Michael Hardt] All of these right-wing regimes 1668 01:15:19,548 --> 01:15:22,251 represent a continuation of privatization, 1669 01:15:22,251 --> 01:15:24,586 of the destruction of welfare, 1670 01:15:24,586 --> 01:15:27,256 undermining labour unions, et cetera. 1671 01:15:27,256 --> 01:15:29,892 Unchained by the kinds of restrictions 1672 01:15:29,892 --> 01:15:31,894 that workers' rights posed, 1673 01:15:31,894 --> 01:15:33,929 or that environmental protections posed, 1674 01:15:33,929 --> 01:15:38,133 or that even structures for providing for the poor posed. 1675 01:15:38,133 --> 01:15:42,571 So now, corporations have freer reign. 1676 01:15:42,571 --> 01:15:44,740 Money has replaced the vote. 1677 01:15:44,740 --> 01:15:49,545 America is dominated by a system of legalized bribery. 1678 01:15:49,545 --> 01:15:51,613 Our three branches of government 1679 01:15:51,613 --> 01:15:54,216 are wholly captive to corporate power. 1680 01:15:54,216 --> 01:15:55,918 So you have corporate forces 1681 01:15:55,918 --> 01:15:59,555 that purport to pay fealty to electoral politics, 1682 01:15:59,555 --> 01:16:01,223 the constitution, 1683 01:16:01,223 --> 01:16:04,726 the iconography and language of American patriotism, 1684 01:16:04,726 --> 01:16:06,595 and yet, internally, 1685 01:16:06,595 --> 01:16:09,097 have rendered the citizen impotent. 1686 01:16:09,097 --> 01:16:12,935 I don't think that you can honestly grasp 1687 01:16:12,935 --> 01:16:14,436 the forces we're up against, 1688 01:16:14,436 --> 01:16:17,406 including the unraveling of the ecosystem, 1689 01:16:17,406 --> 01:16:20,709 and not be filled with despair. 1690 01:16:20,709 --> 01:16:23,712 The greatest existential crisis of our time 1691 01:16:23,712 --> 01:16:26,448 is to at once understand the reality before us, 1692 01:16:26,448 --> 01:16:29,551 and then find the capacity to resist. 1693 01:16:29,551 --> 01:16:32,020 [♪] 1694 01:16:43,432 --> 01:16:44,733 [Micah White] So much of our lives 1695 01:16:44,733 --> 01:16:46,902 is about the stories we tell ourselves. 1696 01:16:46,902 --> 01:16:49,504 And corporations have done a very effective job 1697 01:16:49,504 --> 01:16:51,406 at defining the limits of possibility 1698 01:16:51,406 --> 01:16:54,042 and defining what we can expect out of life. 1699 01:16:55,210 --> 01:16:56,511 So if we believe 1700 01:16:56,511 --> 01:16:59,715 that we are in a dog-eat-dog world, 1701 01:16:59,715 --> 01:17:02,217 and this patriarchal-machismo view of reality, 1702 01:17:02,217 --> 01:17:05,687 then that constrains how we act and how we behave. 1703 01:17:07,222 --> 01:17:09,091 Social movements are created out of a contagious mood 1704 01:17:09,091 --> 01:17:10,092 and a new tactic. 1705 01:17:10,092 --> 01:17:11,526 Part of what that new tactic does 1706 01:17:11,526 --> 01:17:12,894 is it wakes people up, 1707 01:17:12,894 --> 01:17:14,730 and part of what that mood does is gets them to dream again. 1708 01:17:14,730 --> 01:17:16,198 [♪] 1709 01:17:16,198 --> 01:17:17,299 [Narrator] In 2011, 1710 01:17:17,299 --> 01:17:20,235 mass movements for change swept across the globe 1711 01:17:20,235 --> 01:17:23,105 in the aftermath of the 2008 financial crisis. 1712 01:17:23,105 --> 01:17:25,540 [Hardt] There was a cycle of struggles-- 1713 01:17:25,540 --> 01:17:28,477 sometimes called "the movement of squares." 1714 01:17:28,477 --> 01:17:30,712 It starts in Tunisia... 1715 01:17:31,713 --> 01:17:33,882 ...and passes to Egypt, 1716 01:17:33,882 --> 01:17:34,983 passing then 1717 01:17:34,983 --> 01:17:36,418 across the Mediterranean 1718 01:17:36,418 --> 01:17:38,086 to Spain... 1719 01:17:38,086 --> 01:17:39,554 [shouting Spanish] 1720 01:17:39,554 --> 01:17:40,822 ...to Greece... 1721 01:17:40,822 --> 01:17:43,425 [shouting Greek] 1722 01:17:43,425 --> 01:17:45,093 ...before it finally arrives at Zuccotti Park, 1723 01:17:45,093 --> 01:17:46,595 in the United States. 1724 01:17:46,595 --> 01:17:48,430 And what were these movements about? 1725 01:17:48,430 --> 01:17:50,932 They were really about the demand 1726 01:17:50,932 --> 01:17:53,135 for a new kind of democracy. 1727 01:17:53,135 --> 01:17:55,404 [♪] 1728 01:17:55,404 --> 01:17:57,072 [White] During "Occupy Wall Street," 1729 01:17:57,072 --> 01:17:58,073 we suddenly thought, "What? 1730 01:17:58,073 --> 01:17:59,641 We can have a democracy in this country 1731 01:17:59,641 --> 01:18:02,377 that's not run by corporate finance capitalism?" 1732 01:18:02,377 --> 01:18:03,545 Like, "that's amazing," you know? 1733 01:18:04,813 --> 01:18:07,716 And the moment was so ripe that, within 24 hours, 1734 01:18:07,716 --> 01:18:09,051 activists in New York City took up the idea 1735 01:18:09,051 --> 01:18:11,386 and ran with it. 1736 01:18:11,386 --> 01:18:13,855 [crowd shouting] 1737 01:18:13,855 --> 01:18:15,557 These movements were a kind of refusal 1738 01:18:15,557 --> 01:18:18,427 of corporate culture or consumerism, 1739 01:18:18,427 --> 01:18:19,895 and that was their essence. 1740 01:18:19,895 --> 01:18:21,530 [crowd shouting] 1741 01:18:21,530 --> 01:18:22,764 [Narrator] The Occupy Movement 1742 01:18:22,764 --> 01:18:24,599 quickly spread from Zuccotti Park 1743 01:18:24,599 --> 01:18:27,002 to cities across the United States, 1744 01:18:27,002 --> 01:18:28,470 and then the world. 1745 01:18:28,470 --> 01:18:31,239 [♪] 1746 01:18:40,482 --> 01:18:42,551 [Kshama Sawant] The Occupy Movement captured the... 1747 01:18:42,551 --> 01:18:45,320 the feeling that ordinary working people had 1748 01:18:45,320 --> 01:18:47,889 that, when the recession happened in 2008, 1749 01:18:47,889 --> 01:18:49,925 the very banks 1750 01:18:49,925 --> 01:18:51,760 that had caused the financial collapse 1751 01:18:51,760 --> 01:18:53,562 were the ones being rewarded, 1752 01:18:53,562 --> 01:18:56,431 and the rest of us had got sold out. 1753 01:18:57,432 --> 01:18:59,401 [Weissman] What was so important about Occupy 1754 01:18:59,401 --> 01:19:03,138 was to crystallize the public anger. 1755 01:19:03,138 --> 01:19:04,840 Occupy did that, 1756 01:19:04,840 --> 01:19:07,876 and put an explanatory narrative around 1757 01:19:07,876 --> 01:19:09,611 "the 99% versus the 1%." 1758 01:19:09,611 --> 01:19:11,680 [helicopter rotors beating overhead] 1759 01:19:11,680 --> 01:19:13,548 [protester] We're just trying to figure out a way 1760 01:19:13,548 --> 01:19:15,383 that we can change the system-- 1761 01:19:15,383 --> 01:19:18,920 an economic system that is fundamentally-- 1762 01:19:18,920 --> 01:19:21,556 fundamentally misaligned in the corporate interests 1763 01:19:21,556 --> 01:19:22,691 and against the people's interests. 1764 01:19:22,691 --> 01:19:24,392 And that's all we're doing here. 1765 01:19:24,392 --> 01:19:25,727 [crowd shouting] 1766 01:19:25,727 --> 01:19:28,263 [teargas canisters pop and clatter] 1767 01:19:38,340 --> 01:19:40,609 [crying out, indistinct] 1768 01:19:40,609 --> 01:19:42,878 [White] Occupy Wall Street was a constructive failure, 1769 01:19:42,878 --> 01:19:45,847 but it taught us something very important. 1770 01:19:45,847 --> 01:19:48,416 We need to pair protests with gaining sovereignty, 1771 01:19:48,416 --> 01:19:49,718 which means either pairing protests 1772 01:19:49,718 --> 01:19:50,852 with winning elections, 1773 01:19:50,852 --> 01:19:52,654 or pairing protests with winning wars. 1774 01:19:52,654 --> 01:19:54,256 And you can choose, as an activist. 1775 01:19:54,256 --> 01:19:55,724 I would advocate elections. 1776 01:19:55,724 --> 01:19:56,758 [Mason] There's only so many times 1777 01:19:56,758 --> 01:19:59,060 you can have tear gas fired into your face 1778 01:19:59,060 --> 01:20:01,263 and get hit over the head by a police baton 1779 01:20:01,263 --> 01:20:02,864 or be dragged off to jail. 1780 01:20:02,864 --> 01:20:05,267 And after a while, you say, you know, 1781 01:20:05,267 --> 01:20:07,903 "we're gonna do something at the level of politics now." 1782 01:20:07,903 --> 01:20:11,173 But all those movements face the challenge-- 1783 01:20:11,173 --> 01:20:13,375 "what do you stand for?" 1784 01:20:13,375 --> 01:20:15,710 Are you actually going to challenge 1785 01:20:15,710 --> 01:20:18,146 the power of corporations? 1786 01:20:18,146 --> 01:20:21,483 This is what the 2020s will be about. 1787 01:20:21,483 --> 01:20:23,718 [♪] 1788 01:20:27,389 --> 01:20:30,025 [newscaster] We turn now to Seattle, Washington, 1789 01:20:30,025 --> 01:20:33,261 where a former Occupy Wall Street activist 1790 01:20:33,261 --> 01:20:36,565 is being sworn in today to the city council. 1791 01:20:36,565 --> 01:20:39,434 We have shown that it's possible to succeed 1792 01:20:39,434 --> 01:20:44,506 as an independent, grassroots openly-socialist campaign, 1793 01:20:44,506 --> 01:20:47,876 not taking any money from big business. 1794 01:20:47,876 --> 01:20:52,714 This moment belongs to that way of organizing. 1795 01:20:52,714 --> 01:20:55,984 Kshama becomes the first socialist 1796 01:20:55,984 --> 01:20:59,187 elected to the Seattle City Council 1797 01:20:59,187 --> 01:21:01,523 since the early-20th century. 1798 01:21:01,523 --> 01:21:03,225 Her signature issue 1799 01:21:03,225 --> 01:21:07,062 was $15-an-hour minimum wage. 1800 01:21:07,062 --> 01:21:08,063 [shouting, indistinct] 1801 01:21:08,063 --> 01:21:09,364 [Sawant] There were 1802 01:21:09,364 --> 01:21:12,734 courageous workers of McDonald's and other fast-food outlets 1803 01:21:12,734 --> 01:21:15,503 who went out on a one-day strike. 1804 01:21:16,571 --> 01:21:20,208 "15 and a union" was their slogan. 1805 01:21:20,208 --> 01:21:22,944 [Narrator] On the 15th of May, 2014, 1806 01:21:22,944 --> 01:21:24,880 thousands of fast-food workers 1807 01:21:24,880 --> 01:21:27,515 flooded the streets of 150 U.S. cities, 1808 01:21:27,515 --> 01:21:30,585 striking to demand a $15 minimum wage, 1809 01:21:30,585 --> 01:21:32,220 better working conditions, 1810 01:21:32,220 --> 01:21:34,322 and the right to form a union. 1811 01:21:34,322 --> 01:21:37,092 [Sawant] We organized ordinary people-- 1812 01:21:37,092 --> 01:21:40,061 workers, rank-and-file union members, 1813 01:21:40,061 --> 01:21:41,196 and activists 1814 01:21:41,196 --> 01:21:43,565 who wanted to fight for 15. 1815 01:21:43,565 --> 01:21:45,934 [♪] 1816 01:21:45,934 --> 01:21:48,270 If you are actually going to be true to the movement, 1817 01:21:48,270 --> 01:21:49,771 if you are going to be accountable 1818 01:21:49,771 --> 01:21:51,907 to all these people you claim to represent, 1819 01:21:51,907 --> 01:21:53,541 once you're elected, 1820 01:21:53,541 --> 01:21:58,046 it does require you to take a bold and strong stance 1821 01:21:58,046 --> 01:21:59,848 against the corporate politicians. 1822 01:21:59,848 --> 01:22:02,050 If they are not on your side, 1823 01:22:02,050 --> 01:22:03,385 then you have to fight against them. 1824 01:22:03,385 --> 01:22:04,486 You're duty-bound! 1825 01:22:04,486 --> 01:22:07,555 Of the over a billion dollars in taxes 1826 01:22:07,555 --> 01:22:09,391 that Amazon owes to the IRS, 1827 01:22:09,391 --> 01:22:14,696 they now get a break of $789 million. 1828 01:22:15,797 --> 01:22:18,400 [Gonzalez] Her campaign wins so many supporters 1829 01:22:18,400 --> 01:22:22,237 that Seattle becomes the first major city in America 1830 01:22:22,237 --> 01:22:24,606 to adopt a $15-an-hour minimum wage. 1831 01:22:24,606 --> 01:22:26,875 And that starts the ball rolling 1832 01:22:26,875 --> 01:22:28,643 as more and more cities across the nation 1833 01:22:28,643 --> 01:22:31,479 have followed the example of Seattle. 1834 01:22:31,479 --> 01:22:33,548 [Sawant] If you empower workers 1835 01:22:33,548 --> 01:22:36,885 by giving them a better standard of living, 1836 01:22:36,885 --> 01:22:38,320 it's not going to stop there. 1837 01:22:38,320 --> 01:22:41,589 It raises their sights, the confidence 1838 01:22:41,589 --> 01:22:42,791 of working people 1839 01:22:42,791 --> 01:22:44,426 towards a different kind of society. 1840 01:22:45,894 --> 01:22:48,263 You don't need a Ph.D. in Economics to know 1841 01:22:48,263 --> 01:22:49,631 that your life sucks under capitalism, 1842 01:22:49,631 --> 01:22:53,435 and we've got to build a movement to fight for it. 1843 01:22:55,737 --> 01:22:57,739 Four more years! 1844 01:22:57,739 --> 01:22:59,541 [Narrator] In 2019, 1845 01:22:59,541 --> 01:23:02,477 Kshama Sawant was elected to a third term 1846 01:23:02,477 --> 01:23:05,347 on Seattle City Council, 1847 01:23:05,347 --> 01:23:08,383 despite Amazon spending $1.5 million 1848 01:23:08,383 --> 01:23:10,685 to try to unseat her. 1849 01:23:15,256 --> 01:23:17,258 [Gonzalez] Kshama was pioneering 1850 01:23:17,258 --> 01:23:19,794 the new urban Renaissance. 1851 01:23:19,794 --> 01:23:25,667 Starting around 2013 and '14, especially, 1852 01:23:25,667 --> 01:23:27,235 a whole new movement developed 1853 01:23:27,235 --> 01:23:29,738 of grassroots organizations from various movements 1854 01:23:29,738 --> 01:23:31,773 that then united 1855 01:23:31,773 --> 01:23:34,142 to elect for the first time 1856 01:23:34,142 --> 01:23:36,811 representatives of their perspectives into office. 1857 01:23:36,811 --> 01:23:38,279 You had a whole wave of people, 1858 01:23:38,279 --> 01:23:41,883 all of whom were not expected to have a chance. 1859 01:23:41,883 --> 01:23:43,018 All of them are running 1860 01:23:43,018 --> 01:23:44,753 on more or less the same platform-- 1861 01:23:44,753 --> 01:23:47,022 that income inequality is the moral issue of our time, 1862 01:23:47,022 --> 01:23:50,892 and they were not just part of a U.S. movement, 1863 01:23:50,892 --> 01:23:52,060 but you had Sadiq Khan, 1864 01:23:52,060 --> 01:23:55,730 the first Muslim elected to the mayoralty of London, 1865 01:23:55,730 --> 01:23:56,965 you had Anne Hidalgo, 1866 01:23:56,965 --> 01:23:59,801 a leading environmentalist and socialist of Europe, 1867 01:23:59,801 --> 01:24:01,903 winning the mayoralty of Paris, 1868 01:24:01,903 --> 01:24:05,640 Carmen Yulin Cruz, the Mayor of San Juan, Puerto Rico, 1869 01:24:05,640 --> 01:24:08,877 and you had Ada Colau in Barcelona. 1870 01:24:08,877 --> 01:24:12,047 [♪] 1871 01:24:12,047 --> 01:24:13,615 [battering ram thudding, wood splintering] 1872 01:24:14,916 --> 01:24:20,221 In the wake of the mortgage meltdown worldwide, 1873 01:24:20,221 --> 01:24:23,224 there were thousands of Spanish homeowners 1874 01:24:23,224 --> 01:24:27,062 being evicted from their houses by international banks, 1875 01:24:27,062 --> 01:24:30,398 and Ada Colau begins to lead a resistance movement 1876 01:24:30,398 --> 01:24:31,733 of the homeowners. 1877 01:24:59,260 --> 01:25:00,395 [Gonzalez] Through mass protests 1878 01:25:00,395 --> 01:25:02,130 and civil disobedience, 1879 01:25:02,130 --> 01:25:06,101 she gains a name for herself as a defender of the homeowners. 1880 01:25:52,380 --> 01:25:54,382 [crowd applauding] 1881 01:26:16,638 --> 01:26:18,806 [Gonzalez] What's different about this movement 1882 01:26:18,806 --> 01:26:21,609 is that the progressives have seen the necessity 1883 01:26:21,609 --> 01:26:23,678 to actually capture office, 1884 01:26:23,678 --> 01:26:26,047 then also, once they get into office, 1885 01:26:26,047 --> 01:26:28,249 they've understood the necessity for continuing 1886 01:26:28,249 --> 01:26:30,685 to be connected to the grassroots movements 1887 01:26:30,685 --> 01:26:32,187 that got them there. 1888 01:26:47,769 --> 01:26:49,737 [Narrator] In 2019, 1889 01:26:49,737 --> 01:26:53,041 more than 200 leading thinkers and activists 1890 01:26:53,041 --> 01:26:56,711 endorsed Colau's bid for re-election. 1891 01:26:56,711 --> 01:26:59,214 "Barcelona has become a beacon of hope," they wrote, 1892 01:26:59,214 --> 01:27:01,416 proving that we don't have to be afraid 1893 01:27:01,416 --> 01:27:03,985 of standing up to corporate power, 1894 01:27:03,985 --> 01:27:07,155 that there is another way of doing politics 1895 01:27:07,155 --> 01:27:09,691 that puts people at the centre." 1896 01:27:10,725 --> 01:27:14,896 Colau was re-elected Mayor in June, 2019. 1897 01:27:14,896 --> 01:27:16,898 [♪] 1898 01:27:19,601 --> 01:27:21,569 Seeing the documentary The Corporation, 1899 01:27:21,569 --> 01:27:23,738 it opened my eyes. 1900 01:27:23,738 --> 01:27:25,073 [Narrator] This is Chris Barrett. 1901 01:27:25,073 --> 01:27:27,942 He appeared in our first film, 1902 01:27:27,942 --> 01:27:29,777 featured as one of the first 1903 01:27:29,777 --> 01:27:32,714 corporate-sponsored college students. 1904 01:27:32,714 --> 01:27:34,215 [McCabe] We saw Tiger Woods on TV with a hat 1905 01:27:34,215 --> 01:27:35,416 with a Nike logo on it, 1906 01:27:35,416 --> 01:27:36,718 and we figured, 1907 01:27:36,718 --> 01:27:39,220 you know, he probably gets, like, millions of dollars 1908 01:27:39,220 --> 01:27:41,823 just to wear the hat on a press conference, 1909 01:27:41,823 --> 01:27:43,858 and therefore, we figured we can do that for someone else 1910 01:27:43,858 --> 01:27:45,226 and hopefully get money, 1911 01:27:45,226 --> 01:27:47,362 in turn so we could go to school. 1912 01:27:48,396 --> 01:27:50,198 [Barrett] You guys were poking fun at us, 1913 01:27:50,198 --> 01:27:52,734 but we were 18-year-old kids. 1914 01:27:52,734 --> 01:27:55,470 Seeing The Corporation, 1915 01:27:55,470 --> 01:27:56,904 my mind just, like, kind of exploded. 1916 01:27:56,904 --> 01:27:58,006 It was just, like, 1917 01:27:58,006 --> 01:28:02,010 I had never been exposed to this mindset before. 1918 01:28:03,044 --> 01:28:04,646 I was having lunch with my grandfather 1919 01:28:04,646 --> 01:28:07,715 and I asked him "Who should the Democratic nominee be?" 1920 01:28:07,715 --> 01:28:09,050 And he told me at the time 1921 01:28:09,050 --> 01:28:10,485 that "Bernie Sanders looks pretty good." 1922 01:28:10,485 --> 01:28:11,419 I went home, 1923 01:28:11,419 --> 01:28:13,054 and I researched Bernie's platform, 1924 01:28:13,054 --> 01:28:14,722 and I realized that, internally, 1925 01:28:14,722 --> 01:28:17,725 like, I align with a lot that Bernie says. 1926 01:28:17,725 --> 01:28:20,561 This great nation and its government 1927 01:28:20,561 --> 01:28:23,064 belong to all of the people, 1928 01:28:23,064 --> 01:28:25,900 and not to a handful of billionaires. 1929 01:28:25,900 --> 01:28:28,903 [crowd erupts] 1930 01:28:28,903 --> 01:28:31,606 [Barrett] When I got connected to "Grassroots for Sanders," 1931 01:28:31,606 --> 01:28:32,740 they offered me the position 1932 01:28:32,740 --> 01:28:35,710 of Assistant Fundraising Manager, 1933 01:28:35,710 --> 01:28:39,714 where I could be able to do the fundraising asks on Reddit. 1934 01:28:39,714 --> 01:28:42,583 [♪] 1935 01:28:46,154 --> 01:28:48,556 We were able to raise over $10 million 1936 01:28:48,556 --> 01:28:50,224 directly to Bernie Sanders' campaign. 1937 01:28:51,693 --> 01:28:53,561 At some of the field offices, 1938 01:28:53,561 --> 01:28:55,730 people would come through the door 1939 01:28:55,730 --> 01:28:57,965 and they would say, "How do I get involved? 1940 01:28:57,965 --> 01:29:00,134 I have never voted in my life." 1941 01:29:00,134 --> 01:29:02,570 [♪] 1942 01:29:03,638 --> 01:29:04,839 One of Bernie's messages, 1943 01:29:04,839 --> 01:29:07,608 after he lost his Presidential run, 1944 01:29:07,608 --> 01:29:10,611 was that local people could take back the power 1945 01:29:10,611 --> 01:29:11,779 and we could run for office. 1946 01:29:11,779 --> 01:29:14,282 I met a local political organizer 1947 01:29:14,282 --> 01:29:15,717 in my town of Collingswood. 1948 01:29:15,717 --> 01:29:16,884 He was putting together 1949 01:29:16,884 --> 01:29:19,087 a slate of progressive candidates. 1950 01:29:19,087 --> 01:29:21,089 I thought that was a brilliant idea. 1951 01:29:21,089 --> 01:29:23,925 It was exactly what Bernie wanted us to do, 1952 01:29:23,925 --> 01:29:26,194 and we-- I signed the form, 1953 01:29:26,194 --> 01:29:27,562 and we were running for office. 1954 01:29:27,562 --> 01:29:29,731 I don't think, 1955 01:29:29,731 --> 01:29:31,766 when I was out there getting a corporate sponsor, 1956 01:29:31,766 --> 01:29:33,434 that I realized that, in 16 years, 1957 01:29:33,434 --> 01:29:36,404 I would be an elected official in New Jersey. 1958 01:29:36,404 --> 01:29:37,839 I'm gonna stay on this path, 1959 01:29:37,839 --> 01:29:40,541 and I'm gonna continue down this political route 1960 01:29:40,541 --> 01:29:44,379 until we have the progressive party of the future. 1961 01:29:44,379 --> 01:29:46,547 [♪] 1962 01:29:46,547 --> 01:29:47,615 [Jonathan Tasini] Historically, 1963 01:29:47,615 --> 01:29:49,317 progressive movements 1964 01:29:49,317 --> 01:29:51,586 were more interested about building power in the streets-- 1965 01:29:51,586 --> 01:29:52,887 which is an important thing-- 1966 01:29:52,887 --> 01:29:54,922 and they kind of neglected running for office. 1967 01:29:56,624 --> 01:29:57,759 I think, now, 1968 01:29:57,759 --> 01:30:00,061 progressives are starting to see the nature of power, 1969 01:30:00,061 --> 01:30:01,396 where it lies, 1970 01:30:01,396 --> 01:30:03,564 and the reason to contest for it. 1971 01:30:03,564 --> 01:30:06,134 Now we have thousands of people saying, 1972 01:30:06,134 --> 01:30:07,735 "Hey! I want to run for office." 1973 01:30:07,735 --> 01:30:09,237 [crowd cheering] 1974 01:30:09,237 --> 01:30:11,072 [Noam Chomsky] It's common to say now 1975 01:30:11,072 --> 01:30:14,308 that the Senator's campaign failed. 1976 01:30:14,308 --> 01:30:16,110 I think that's a mistake. 1977 01:30:16,110 --> 01:30:18,946 I think it was an extraordinary success. 1978 01:30:18,946 --> 01:30:24,719 Completely shifted the arena of debate and discussion. 1979 01:30:24,719 --> 01:30:29,424 Issues that were unthinkable a couple years ago 1980 01:30:29,424 --> 01:30:32,393 are now right in the middle of attention. 1981 01:30:32,393 --> 01:30:33,928 [Narrator] The Sanders campaign 1982 01:30:33,928 --> 01:30:36,130 took to the larger political stage 1983 01:30:36,130 --> 01:30:37,432 the kind of politics 1984 01:30:37,432 --> 01:30:39,967 being practiced by local politicians, 1985 01:30:39,967 --> 01:30:41,569 like Sawant, 1986 01:30:41,569 --> 01:30:42,737 Colau, 1987 01:30:42,737 --> 01:30:44,405 and Barrett-- 1988 01:30:44,405 --> 01:30:50,044 electoral politics interwoven with grassroots activism. 1989 01:30:50,044 --> 01:30:51,512 [♪] 1990 01:30:51,512 --> 01:30:53,881 [Chomsky] Some form of "Green New Deal" 1991 01:30:53,881 --> 01:30:57,218 is essential for the survival of humanity, 1992 01:30:57,218 --> 01:31:00,555 now it's part of the general agenda. 1993 01:31:00,555 --> 01:31:01,756 Why? 1994 01:31:01,756 --> 01:31:04,292 Activists' engagement. 1995 01:31:04,292 --> 01:31:05,526 Young people, 1996 01:31:05,526 --> 01:31:07,128 they received support 1997 01:31:07,128 --> 01:31:12,733 from Alexandria Ocasio-Cortez and other young legislators, 1998 01:31:12,733 --> 01:31:14,802 who came into office 1999 01:31:14,802 --> 01:31:20,041 as part of the Sanders-inspired popular wave. 2000 01:31:20,041 --> 01:31:23,211 [♪] 2001 01:31:23,211 --> 01:31:25,213 [White] I think the next wave of revolutions 2002 01:31:25,213 --> 01:31:27,882 really is gonna be this kind of strange thing 2003 01:31:27,882 --> 01:31:29,383 where we wake up and we're like, 2004 01:31:29,383 --> 01:31:32,053 "Oh, my gosh, there's this social movement. 2005 01:31:32,053 --> 01:31:33,554 They're in the streets, 2006 01:31:33,554 --> 01:31:35,423 but they're running election campaigns. 2007 01:31:35,423 --> 01:31:38,059 They have candidates and they're winning?" 2008 01:31:38,059 --> 01:31:40,261 [♪] 2009 01:31:43,397 --> 01:31:45,566 [Narrator] Whatever form it takes, 2010 01:31:45,566 --> 01:31:49,003 change always begins with organizing. 2011 01:31:49,003 --> 01:31:50,471 [Hepburn] 2018 is going to be 2012 01:31:50,471 --> 01:31:51,739 the year that we take 2013 01:31:51,739 --> 01:31:54,642 the toxic, stultified politics of climate change 2014 01:31:54,642 --> 01:31:56,611 and turn it on its head, 2015 01:31:56,611 --> 01:31:58,946 and it starts with stopping Adani! 2016 01:31:58,946 --> 01:32:00,548 [La Rocca] Our aim 2017 01:32:00,548 --> 01:32:03,317 is to move the world away from fossil fuels 2018 01:32:03,317 --> 01:32:04,385 as fast as possible. 2019 01:32:04,385 --> 01:32:06,721 The Wangan and Jagalingou people 2020 01:32:06,721 --> 01:32:08,256 have a different struggle, 2021 01:32:08,256 --> 01:32:13,127 which is to protect their land and to win land rights. 2022 01:32:13,127 --> 01:32:15,096 [crowd] No means no! 2023 01:32:15,096 --> 01:32:17,732 [Johnson] Adani has tried to rip our people apart. 2024 01:32:17,732 --> 01:32:20,835 It's actually brought our people together as well. 2025 01:32:20,835 --> 01:32:23,404 And we've been able to think about, 2026 01:32:23,404 --> 01:32:25,273 "What is our alternative future? 2027 01:32:25,273 --> 01:32:26,874 What do we want to build?" 2028 01:32:26,874 --> 01:32:31,379 And it's not extractive industries 2029 01:32:31,379 --> 01:32:32,880 that governments 2030 01:32:32,880 --> 01:32:35,550 and other corporations would like it to be. 2031 01:32:35,550 --> 01:32:38,586 What we've set out to do 2032 01:32:38,586 --> 01:32:42,056 is support a whole range of organizations and individuals 2033 01:32:42,056 --> 01:32:43,190 to work together, 2034 01:32:43,190 --> 01:32:44,725 to achieve much bigger change 2035 01:32:44,725 --> 01:32:47,862 than any one organization could achieve working alone. 2036 01:32:49,096 --> 01:32:52,600 We want to lose control of as many people as possible, 2037 01:32:52,600 --> 01:32:55,236 headed in the right direction. 2038 01:32:55,236 --> 01:32:56,971 [Hepburn] We figured that the only way 2039 01:32:56,971 --> 01:32:58,472 we could really stop the project 2040 01:32:58,472 --> 01:33:00,541 is stopping them getting financed. 2041 01:33:00,541 --> 01:33:02,443 [La Rocca] Yes, they need the permits and the approvals, 2042 01:33:02,443 --> 01:33:05,279 but Adani also needs money. 2043 01:33:05,279 --> 01:33:07,048 [Narrator] Both "Stop Adani" 2044 01:33:07,048 --> 01:33:09,083 and the Wangan and Jagalingou people 2045 01:33:09,083 --> 01:33:12,219 pushed to halt funding of the Adani Coal Mine. 2046 01:33:12,219 --> 01:33:15,556 [Johnson] We met with some of the largest banks in the world 2047 01:33:15,556 --> 01:33:16,891 and said, 2048 01:33:16,891 --> 01:33:18,225 "You need to acknowledge 2049 01:33:18,225 --> 01:33:21,596 that any investment in the Adani Carmichael Coal Mine 2050 01:33:21,596 --> 01:33:25,900 will be a breach of your obligations to us 2051 01:33:25,900 --> 01:33:27,902 as the indigenous people who have said no." 2052 01:33:28,903 --> 01:33:30,438 Within a month, 2053 01:33:30,438 --> 01:33:32,139 Standard Chartered came out publicly 2054 01:33:32,139 --> 01:33:36,043 and said that they would not be giving any money to Adani. 2055 01:33:36,043 --> 01:33:40,481 That was after they'd already given them $680 million. 2056 01:33:40,481 --> 01:33:43,551 [Narrator] The two campaigns together succeeded 2057 01:33:43,551 --> 01:33:46,387 in stopping funding from all banks worldwide. 2058 01:33:46,387 --> 01:33:47,421 Then they won again, 2059 01:33:47,421 --> 01:33:49,657 blocking the Australian government's attempt 2060 01:33:49,657 --> 01:33:53,060 to fill the gap with a $1-billion loan. 2061 01:33:53,060 --> 01:33:55,229 It was a huge victory for us 2062 01:33:55,229 --> 01:33:56,297 because we were told 2063 01:33:56,297 --> 01:33:58,165 it was something that couldn't be done. 2064 01:33:58,165 --> 01:34:00,568 [Narrator] Adani and its government allies 2065 01:34:00,568 --> 01:34:03,404 continue their push for the mine to go forward. 2066 01:34:03,404 --> 01:34:05,506 And yet, 2067 01:34:05,506 --> 01:34:09,043 not a single lump of coal has been mined to date. 2068 01:34:09,043 --> 01:34:11,212 The resistance continues. 2069 01:34:12,213 --> 01:34:14,315 [Johnson] All of my life, 2070 01:34:14,315 --> 01:34:17,652 I have been told who I am through stories 2071 01:34:17,652 --> 01:34:20,421 about the people that I come from. 2072 01:34:20,421 --> 01:34:24,892 Without their resistance and their resilience, 2073 01:34:24,892 --> 01:34:26,093 I would not be here. 2074 01:34:26,093 --> 01:34:28,095 It's come down to me, 2075 01:34:28,095 --> 01:34:31,666 and I refuse to be the broken link in the chain. 2076 01:34:32,900 --> 01:34:34,769 [Hepburn] The fight over the Adani Coal Mine 2077 01:34:34,769 --> 01:34:37,071 has become a symbol 2078 01:34:37,071 --> 01:34:40,875 whether corporations can continue to ride roughshod 2079 01:34:40,875 --> 01:34:43,277 over the wishes of the community, 2080 01:34:43,277 --> 01:34:44,712 and create a future 2081 01:34:44,712 --> 01:34:47,715 that is in their financial interests alone, 2082 01:34:47,715 --> 01:34:50,885 or whether the community actually can build enough power 2083 01:34:50,885 --> 01:34:54,255 to say, "No, that is not the future we want. 2084 01:34:54,255 --> 01:34:56,557 We want a safe future with a safe climate for everybody." 2085 01:34:56,557 --> 01:34:59,593 [♪] 2086 01:35:02,063 --> 01:35:05,399 [Hepburn] There is this global network. 2087 01:35:05,399 --> 01:35:06,734 There's a big fight brewing 2088 01:35:06,734 --> 01:35:09,570 in Argentina against fracking corporations, 2089 01:35:09,570 --> 01:35:11,405 against coal expansion in South Africa 2090 01:35:11,405 --> 01:35:12,606 and the Philippines, 2091 01:35:12,606 --> 01:35:13,808 in India, 2092 01:35:13,808 --> 01:35:15,776 in Poland. 2093 01:35:15,776 --> 01:35:18,446 There's campaigns against pipelines in Canada-- 2094 01:35:18,446 --> 01:35:22,049 Kinder Morgan, Keystone XL-- 2095 01:35:22,049 --> 01:35:24,018 the fight at Standing Rock. 2096 01:35:24,018 --> 01:35:26,320 [water cannons blasting] 2097 01:35:26,320 --> 01:35:28,322 [Chief Wilson] Our indigenous people 2098 01:35:28,322 --> 01:35:31,592 have been on the front lines way before my time. 2099 01:35:31,592 --> 01:35:34,428 It's about the land, the water... 2100 01:35:34,428 --> 01:35:38,966 our inherent jurisdiction as caretakers of Mother Earth. 2101 01:35:38,966 --> 01:35:40,735 [♪] 2102 01:35:40,735 --> 01:35:44,105 [Chief Phillip] But it's not just an indigenous struggle, 2103 01:35:44,105 --> 01:35:46,273 it's a struggle of humanity. 2104 01:35:46,273 --> 01:35:47,608 We need to come together 2105 01:35:47,608 --> 01:35:51,011 to push back the corporate agenda. 2106 01:35:51,011 --> 01:35:53,380 All people, 2107 01:35:53,380 --> 01:35:55,216 all races are beginning to realize 2108 01:35:55,216 --> 01:35:56,550 we're in this together. 2109 01:35:56,550 --> 01:35:59,053 [crowd] We will rise! We will rise! 2110 01:35:59,053 --> 01:36:02,056 You cannot unring a bell. 2111 01:36:02,056 --> 01:36:04,058 [ding] 2112 01:36:05,559 --> 01:36:09,063 Our civilization is being sacrificed 2113 01:36:09,063 --> 01:36:10,064 for the opportunity 2114 01:36:10,064 --> 01:36:12,233 of a very small number of people 2115 01:36:12,233 --> 01:36:16,070 to continue making enormous amounts of money. 2116 01:36:17,238 --> 01:36:19,106 We have not come here 2117 01:36:19,106 --> 01:36:21,442 to beg world leaders to care. 2118 01:36:21,442 --> 01:36:23,711 You have ignored us in the past 2119 01:36:23,711 --> 01:36:26,547 and you will ignore us again. 2120 01:36:26,547 --> 01:36:28,582 We have run out of excuses 2121 01:36:28,582 --> 01:36:31,418 and we are running out of time. 2122 01:36:31,418 --> 01:36:32,720 We have come here 2123 01:36:32,720 --> 01:36:35,256 to let you know that change is coming, 2124 01:36:35,256 --> 01:36:37,525 whether you like it or not. 2125 01:36:37,525 --> 01:36:40,561 The real power belongs to the people. 2126 01:36:40,561 --> 01:36:42,763 [♪] 2127 01:36:44,899 --> 01:36:47,401 If they're really wanting 2128 01:36:47,401 --> 01:36:49,603 to address the deep problems 2129 01:36:49,603 --> 01:36:53,240 of social, racial, and gender injustice in our society, 2130 01:36:53,240 --> 01:36:55,709 then we need to think of lessons from history. 2131 01:36:55,709 --> 01:36:58,779 [♪] 2132 01:36:58,779 --> 01:37:01,282 [Hardt] One thing that's remarkable 2133 01:37:01,282 --> 01:37:03,517 is just that people keep struggling. 2134 01:37:04,885 --> 01:37:07,154 That, in the worst situations, 2135 01:37:07,154 --> 01:37:09,557 people always fight... 2136 01:37:09,557 --> 01:37:11,592 [♪] 2137 01:37:11,592 --> 01:37:15,596 ...even when you thought "nothing's possible," 2138 01:37:15,596 --> 01:37:17,765 you look at the political situation 2139 01:37:17,765 --> 01:37:20,000 and think how bad it is, 2140 01:37:20,000 --> 01:37:23,337 then something beautiful and inspiring comes up. 2141 01:37:24,405 --> 01:37:27,174 [♪] 2142 01:37:30,044 --> 01:37:32,513 [Narrator] In the spring of 2020, 2143 01:37:32,513 --> 01:37:35,216 the world shut down, 2144 01:37:35,216 --> 01:37:38,219 but people's hearts opened wide. 2145 01:37:38,219 --> 01:37:41,222 [all cheering] 2146 01:37:41,222 --> 01:37:43,157 [applauding and cheering] 2147 01:37:43,157 --> 01:37:45,693 [♪] 2148 01:37:47,094 --> 01:37:49,930 [sirens wailing, people cheering] 2149 01:37:53,667 --> 01:37:55,402 [Hardt] One of the most beautiful things 2150 01:37:55,402 --> 01:37:56,737 I've seen during the crisis 2151 01:37:56,737 --> 01:37:59,406 is the way workers in a variety of sectors 2152 01:37:59,406 --> 01:38:01,775 have refused-- 2153 01:38:01,775 --> 01:38:04,812 have refused to go along with putting workers in danger. 2154 01:38:04,812 --> 01:38:06,547 Amazon workers striking, 2155 01:38:06,547 --> 01:38:09,216 FedEx workers walking out, 2156 01:38:09,216 --> 01:38:13,087 also health-care workers put in dangerous situations. 2157 01:38:14,555 --> 01:38:16,924 This foresees the kinds of struggles 2158 01:38:16,924 --> 01:38:20,394 that will emerge from this crisis 2159 01:38:20,394 --> 01:38:23,731 that confront the inequalities of this economy. 2160 01:38:23,731 --> 01:38:25,733 [♪] 2161 01:38:25,733 --> 01:38:27,735 [Mitchell] The pandemic 2162 01:38:27,735 --> 01:38:31,906 has revealed that there is broad support 2163 01:38:31,906 --> 01:38:35,209 for the idea that we need to contain corporate power, 2164 01:38:35,209 --> 01:38:36,677 so that we live in a society 2165 01:38:36,677 --> 01:38:39,380 where we reinvigorate democracy, 2166 01:38:39,380 --> 01:38:41,348 where we have a sense of the public purpose, 2167 01:38:41,348 --> 01:38:44,051 and that we're not simply at the mercy 2168 01:38:44,051 --> 01:38:46,887 of a few corporations that increasingly run our lives. 2169 01:38:48,389 --> 01:38:49,423 [Reich] This can 2170 01:38:49,423 --> 01:38:52,760 change the way people think about the system. 2171 01:38:52,760 --> 01:38:55,296 We owe one another certain things, 2172 01:38:55,296 --> 01:38:56,897 certain minimum things. 2173 01:38:56,897 --> 01:38:59,566 That's been lost in the last 40 years 2174 01:38:59,566 --> 01:39:01,235 of deregulation and privatization 2175 01:39:01,235 --> 01:39:05,072 and corporate takeover of our political culture 2176 01:39:05,072 --> 01:39:07,708 and our political system. 2177 01:39:07,708 --> 01:39:12,046 [Sawant] It is starting to dawn on society as a whole 2178 01:39:12,046 --> 01:39:14,048 that we're not going to go back to the old normal, 2179 01:39:14,048 --> 01:39:15,883 there's no such world, 2180 01:39:15,883 --> 01:39:18,052 because the pandemic has revealed 2181 01:39:18,052 --> 01:39:20,321 that the system is incapable 2182 01:39:20,321 --> 01:39:22,556 of addressing even the most basic needs 2183 01:39:22,556 --> 01:39:25,259 of our society. 2184 01:39:25,259 --> 01:39:28,262 [Narrator] Then, as this film was being finished, 2185 01:39:28,262 --> 01:39:31,098 George Floyd is brutally killed by police-- 2186 01:39:31,098 --> 01:39:33,767 a flash point that ignites an uprising. 2187 01:39:33,767 --> 01:39:36,603 [British newscaster] Thousands took to the streets, 2188 01:39:36,603 --> 01:39:38,739 demanding justice for George Floyd. 2189 01:39:38,739 --> 01:39:40,541 [female reporter] ...The death of a Black man pleading 2190 01:39:40,541 --> 01:39:41,775 that he can't breathe 2191 01:39:41,775 --> 01:39:43,377 as a white officer was kneeling on his neck. 2192 01:39:43,377 --> 01:39:44,845 Justice! 2193 01:39:44,845 --> 01:39:46,113 Now! 2194 01:39:46,113 --> 01:39:50,250 [Keeanga-Yamahtta Taylor] Imagine how angry and desperate 2195 01:39:50,250 --> 01:39:52,720 you would have to be to come out and protest 2196 01:39:52,720 --> 01:39:56,090 in the historical pandemic 2197 01:39:56,090 --> 01:39:57,591 that has had 2198 01:39:57,591 --> 01:40:00,427 a disproportionately horrendous impact 2199 01:40:00,427 --> 01:40:02,463 in Black communities. 2200 01:40:02,463 --> 01:40:04,398 Take your knee off our necks! 2201 01:40:04,398 --> 01:40:06,633 [crowd] Take your knee off our necks! 2202 01:40:06,633 --> 01:40:09,570 [William Barber] The democracy is just trying to breathe. 2203 01:40:09,570 --> 01:40:12,239 Because of the weight of poverty on our neck. 2204 01:40:12,239 --> 01:40:15,376 The denial of health care on our neck. 2205 01:40:15,376 --> 01:40:17,444 'Cause what's happening 2206 01:40:17,444 --> 01:40:19,313 is metaphorically the whole culture is saying, 2207 01:40:19,313 --> 01:40:20,547 "We can't breathe!" 2208 01:40:20,547 --> 01:40:23,050 [♪] 2209 01:40:23,050 --> 01:40:26,553 [Narrator] Despite sometimes- brutal police repression, 2210 01:40:26,553 --> 01:40:28,255 the protests grew 2211 01:40:28,255 --> 01:40:30,791 and began to target broader injustices 2212 01:40:30,791 --> 01:40:31,792 and distorted priorities. 2213 01:40:31,792 --> 01:40:34,061 [Keeanga-Yamahtta Taylor] Look at the gear 2214 01:40:34,061 --> 01:40:36,463 and the equipment that they have, 2215 01:40:36,463 --> 01:40:39,266 compared to hospital workers, 2216 01:40:39,266 --> 01:40:41,602 dressing themselves in garbage bags, 2217 01:40:41,602 --> 01:40:43,737 being forced to use the same N95 masks 2218 01:40:43,737 --> 01:40:46,006 for weeks at a time. 2219 01:40:47,207 --> 01:40:48,442 [Narrator] The protests 2220 01:40:48,442 --> 01:40:52,646 quickly became about more than racist policing... 2221 01:40:52,646 --> 01:40:54,048 confronting the echoes 2222 01:40:54,048 --> 01:40:56,517 of corporate capitalism's racist past. 2223 01:40:56,517 --> 01:41:01,055 [Angela Davis] Capitalism is racial capitalism. 2224 01:41:01,055 --> 01:41:03,924 The Industrial Revolution, 2225 01:41:03,924 --> 01:41:07,127 which pivoted around the production of capital, 2226 01:41:07,127 --> 01:41:11,065 was enabled by slave labour in the U.S. 2227 01:41:11,065 --> 01:41:12,733 [crowd roaring] 2228 01:41:12,733 --> 01:41:14,968 [female newscaster] There are calls to rethink 2229 01:41:14,968 --> 01:41:17,404 who we choose to honour from our past. 2230 01:41:17,404 --> 01:41:20,774 Monuments to men who were once honoured 2231 01:41:20,774 --> 01:41:22,976 now viewed by a new generation 2232 01:41:22,976 --> 01:41:25,712 as symbols of racism and colonialism. 2233 01:41:25,712 --> 01:41:27,681 [Barber] People are protesting 2234 01:41:27,681 --> 01:41:31,151 because they know it doesn't have to be like this. 2235 01:41:31,151 --> 01:41:32,219 People only protest 2236 01:41:32,219 --> 01:41:34,521 what they believe can be changed. 2237 01:41:34,521 --> 01:41:36,056 If folks didn't protest, 2238 01:41:36,056 --> 01:41:38,092 that'd mean we really would be in trouble. 2239 01:41:39,393 --> 01:41:40,461 [Keeanga-Yamahtta Taylor] I don't believe 2240 01:41:40,461 --> 01:41:43,897 these are just protests against police brutality. 2241 01:41:43,897 --> 01:41:46,667 We're seeing the convergence of a class rebellion, 2242 01:41:46,667 --> 01:41:49,169 with racism at the centre of it. 2243 01:41:49,169 --> 01:41:51,738 [Justin, protester] I believe, without a doubt, 2244 01:41:51,738 --> 01:41:53,707 that change will come from the protests. 2245 01:41:53,707 --> 01:41:55,876 It is not just Black people. 2246 01:41:55,876 --> 01:41:59,179 [Barber] We can't be the same coming out of this. 2247 01:41:59,179 --> 01:42:00,614 Too many people are suffering. 2248 01:42:00,614 --> 01:42:04,051 We must make our political system respond. 2249 01:42:04,051 --> 01:42:05,219 We must do it 2250 01:42:05,219 --> 01:42:07,721 in our deepest moral and non-violent traditions, 2251 01:42:07,721 --> 01:42:09,389 but it must not it be weak. 2252 01:42:09,389 --> 01:42:11,058 It has to be strong. 2253 01:42:11,058 --> 01:42:15,229 It has to last for the election and beyond an election. 2254 01:42:15,229 --> 01:42:17,898 [♪] 2255 01:42:19,433 --> 01:42:21,902 There is a whole new spirit out there 2256 01:42:21,902 --> 01:42:22,903 that's saying 2257 01:42:22,903 --> 01:42:25,472 500 years of colonialism is enough, 2258 01:42:25,472 --> 01:42:29,877 200 years of corporate rule is enough, 2259 01:42:29,877 --> 01:42:34,615 200 years of the building of a fossil-fuel age 2260 01:42:34,615 --> 01:42:35,916 is enough. 2261 01:42:35,916 --> 01:42:38,719 I see people who are waking up to the realization 2262 01:42:38,719 --> 01:42:41,155 that, no, you don't go start an app 2263 01:42:41,155 --> 01:42:42,389 if you want to change the world. 2264 01:42:42,389 --> 01:42:43,724 You actually try to change the world 2265 01:42:43,724 --> 01:42:46,093 and de-rig a rigged system. 2266 01:42:46,093 --> 01:42:47,961 And, in a moment like this, 2267 01:42:47,961 --> 01:42:48,962 if you're not working 2268 01:42:48,962 --> 01:42:52,332 at that level on those kinds of things, 2269 01:42:52,332 --> 01:42:54,101 you have to really ask yourself, 2270 01:42:54,101 --> 01:42:57,571 what was your role in this moment of history? 2271 01:42:57,571 --> 01:42:59,640 We've been here before. 2272 01:42:59,640 --> 01:43:01,375 We've been at a place 2273 01:43:01,375 --> 01:43:03,377 where my ancestors 2274 01:43:03,377 --> 01:43:06,847 were bought and sold for profit. 2275 01:43:06,847 --> 01:43:08,715 We've been at a place 2276 01:43:08,715 --> 01:43:12,052 where people routinely died on the job. 2277 01:43:12,052 --> 01:43:13,720 And over time, 2278 01:43:13,720 --> 01:43:17,591 movements of ordinary people have broken the chains 2279 01:43:17,591 --> 01:43:21,795 and have held corporations and powerful people accountable 2280 01:43:21,795 --> 01:43:22,963 and changed the rules, 2281 01:43:22,963 --> 01:43:26,600 so that more people can flourish and feel truly free. 2282 01:43:26,600 --> 01:43:28,068 I think we are in the midst 2283 01:43:28,068 --> 01:43:29,770 of another one of those movements 2284 01:43:29,770 --> 01:43:30,771 right now, 2285 01:43:30,771 --> 01:43:33,240 where a lot of people, all across the world, 2286 01:43:33,240 --> 01:43:35,842 are saying "Enough is enough." 2287 01:43:38,378 --> 01:43:41,348 [♪]