Then have a look at the current market, with the over leverage, naked shorting and PFOF and tell me they learned any lesson from 2008, other than how to hide their criminality more effectively.
Edit : Adding these other essential
Views to the list after being reminded of them.
So because there’s a lot of ppl saying “capitalism= evil”, let me poke holes.
It seems y’all clearly ignored how countries that aren’t purely capitalist, like Iceland and China, faced the same issues.
My point in making this post was to remind everyone that the real enemy is giant banking cartels, IMF, financial institutions, deregulation, etc.
Greed transcends any and all economic and political systems. To those that think pure socialism or communism is the better alternative, I say this: you learned nothing from this film, nor from history, nor from current events.
We as Americans need to stop fighting each other over the culture war and need to start fighting these pieces of shit. They’re still doing the exact same thing and they’re going to end up fucking all of us… again.
Wild documentary, its truly wild the influence 2008 had on the global economy. I was 15 at the time and barely had a handle or even an interest into why everything seemed to be shitting the bed, i live in what is now a very financially secure and isolated part of australia, but in 2009 by dads business collapsed, the family home was sold at a reasonable loss. all because of 2nd and 3rd wave ripple effects of wall street.
for all of it to have happened because of outright greed by a select few is pure insanity, they were betting against their own shitty CDO’s from the start. What a rotten system that nobody went to jail and 15 years later the american people are poorer than ever
Regulatory Capture began under Regan and grows with each administration. It is the biggest threat to our democracy. Indeed, the financial backers of Trumps presidential campaign (Koch brothers etc.) are still at it- trying to deconstruct the administrative state: ie. no more federal regulatory authority over capital.
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The exploiters.
Great documentary. This and the big short really encapsulate what happened
I wish he had taken a 1 hour crash course in basic economics so he doesnt get so many things so incredibly wrong.
Great documentary.
How can one watch this, truly understand it, and conclude that capitalism can be fixed with “reforms”?
#Must Watch
1 – Inside Job
2 – The Big Short
3 – Margin Call
Then have a look at the current market, with the over leverage, naked shorting and PFOF and tell me they learned any lesson from 2008, other than how to hide their criminality more effectively.
Edit : Adding these other essential
Views to the list after being reminded of them.
Linking to comments.
4 – [Money Power and Wall St](https://www.reddit.com/r/videos/comments/wd6jzm/inside_job_2010_full_documentary_movie/iiice7g/?utm_source=share&utm_medium=ios_app&utm_name=iossmf&context=3)
5 – [Too Big to Fail](https://www.reddit.com/r/videos/comments/wd6jzm/inside_job_2010_full_documentary_movie/iiijkgs/?utm_source=share&utm_medium=ios_app&utm_name=iossmf&context=3)
6 – [Enron : Smartest Guys in the Room](https://www.reddit.com/r/videos/comments/wd6jzm/inside_job_2010_full_documentary_movie/iiix51f/?utm_source=share&utm_medium=ios_app&utm_name=iossmf&context=3)
(Disclaimer : haven’t seen this one myself, going to watch it this week as others are recommending it)
Matt Damon learned so much in that movie he started his own grift.
Gunna watch again, too good
It’s amazing how the word “Capitalism” has grifted into pure theft.
Watch what happens with Yang’s Forward party.
$$$ will take it – exploit it and eventually crush it as a fraud.
The US experiment is over.
Your choice now is Fascism and abject Corporate greed against the majority who wish we had a fair political system that functions for the majority.
Greed destroys all.
So because there’s a lot of ppl saying “capitalism= evil”, let me poke holes.
It seems y’all clearly ignored how countries that aren’t purely capitalist, like Iceland and China, faced the same issues.
My point in making this post was to remind everyone that the real enemy is giant banking cartels, IMF, financial institutions, deregulation, etc.
Greed transcends any and all economic and political systems. To those that think pure socialism or communism is the better alternative, I say this: you learned nothing from this film, nor from history, nor from current events.
Man this is way less funny than the cartoon.
My professor always said: “Greed is the only flaw in capitalism”
So glad about all the laws made since these scandals happened to ensure that they never happen again. /s
We as Americans need to stop fighting each other over the culture war and need to start fighting these pieces of shit. They’re still doing the exact same thing and they’re going to end up fucking all of us… again.
Wild documentary, its truly wild the influence 2008 had on the global economy. I was 15 at the time and barely had a handle or even an interest into why everything seemed to be shitting the bed, i live in what is now a very financially secure and isolated part of australia, but in 2009 by dads business collapsed, the family home was sold at a reasonable loss. all because of 2nd and 3rd wave ripple effects of wall street.
for all of it to have happened because of outright greed by a select few is pure insanity, they were betting against their own shitty CDO’s from the start. What a rotten system that nobody went to jail and 15 years later the american people are poorer than ever
I watched this years ago. It’s maddening. Makes my blood boil listen to these assholes.
This is so infuriating to watch.
Regulatory Capture began under Regan and grows with each administration. It is the biggest threat to our democracy. Indeed, the financial backers of Trumps presidential campaign (Koch brothers etc.) are still at it- trying to deconstruct the administrative state: ie. no more federal regulatory authority over capital.
Can someone explain what exactly the doc. Is about?
I actually called my congressman and asked them to not vote for the bailout, which it wasn’t approved initially, but the 2nd time it was approved.