1 00:00:15,850 --> 00:00:18,978 [uplifting orchestral instrumental] 2 00:00:20,855 --> 00:00:22,857 [relaxed exhaling] 3 00:00:25,026 --> 00:00:27,153 [Wendy] What did the Enlightenment promise us? 4 00:00:31,073 --> 00:00:33,159 It promised us freedom 5 00:00:33,284 --> 00:00:36,787 on the basis of being able to think for ourselves, 6 00:00:36,912 --> 00:00:38,581 and thus govern ourselves. 7 00:00:40,332 --> 00:00:42,752 That was really the premise. 8 00:00:44,295 --> 00:00:47,048 That if we were released from constraints 9 00:00:47,173 --> 00:00:48,966 of myth and tradition... 10 00:00:50,551 --> 00:00:53,512 released to be able to think, and reason, 11 00:00:53,637 --> 00:00:56,807 and discover what was true for ourselves... 12 00:00:57,767 --> 00:01:00,102 that that was the source of our freedom. 13 00:01:02,438 --> 00:01:03,856 But something happened 14 00:01:03,981 --> 00:01:06,484 at the end of the 20th century, 15 00:01:06,609 --> 00:01:09,403 which was this new way 16 00:01:09,528 --> 00:01:11,113 of thinking about society 17 00:01:11,238 --> 00:01:13,824 and human beings as a market. 18 00:01:15,826 --> 00:01:17,745 What does it mean to rule yourself 19 00:01:17,870 --> 00:01:20,331 if we are all meant to think of ourselves 20 00:01:20,456 --> 00:01:22,666 as commodities, 21 00:01:22,792 --> 00:01:24,919 and everything is marketized? 22 00:01:25,878 --> 00:01:29,715 What's really tragic about the economization 23 00:01:29,840 --> 00:01:32,051 of every aspect of life 24 00:01:32,176 --> 00:01:34,762 is that we're really seeing the Enlightenment dream 25 00:01:34,887 --> 00:01:36,097 come to a kind of end... 26 00:01:37,223 --> 00:01:41,310 where the mandates of a financialized society 27 00:01:41,435 --> 00:01:44,063 all but extinguish the real freedom 28 00:01:44,188 --> 00:01:47,191 to make yourself according to your own lights. 29 00:01:49,777 --> 00:01:52,238 [relaxed exhaling] 30 00:01:52,363 --> 00:01:55,741 [foreboding orchestral instrumental] 31 00:02:00,663 --> 00:02:02,039 [narrator] In the early 2000s, 32 00:02:02,164 --> 00:02:05,209 we made a film, The Corporation. 33 00:02:06,460 --> 00:02:10,089 We argued that large, publicly traded corporations 34 00:02:10,214 --> 00:02:12,842 are programmed relentlessly to pursue profit and growth, 35 00:02:12,967 --> 00:02:16,095 and have become the dominant institutions of our time. 36 00:02:17,721 --> 00:02:20,432 We showed that the corporation is deemed 37 00:02:20,558 --> 00:02:23,018 by law to be a person 38 00:02:23,144 --> 00:02:25,354 that has the same rights as human beings, 39 00:02:25,479 --> 00:02:27,356 sometimes even more. 40 00:02:30,234 --> 00:02:32,361 So, we posed the question, 41 00:02:32,486 --> 00:02:34,655 if the corporation is legally a person... 42 00:02:36,657 --> 00:02:37,992 what kind of person is it? 43 00:02:39,952 --> 00:02:41,537 We analyzed it the way 44 00:02:41,662 --> 00:02:43,873 a psychiatrist would analyze a patient. 45 00:02:44,456 --> 00:02:45,791 We found his character to be 46 00:02:45,916 --> 00:02:47,793 pathologically self-interested. 47 00:02:50,254 --> 00:02:52,548 Now, with the world in crisis, 48 00:02:52,673 --> 00:02:56,010 climate change, spiraling inequality, 49 00:02:56,135 --> 00:02:58,179 a global pandemic... 50 00:02:58,304 --> 00:03:00,806 we re-examine the corporation, 51 00:03:00,931 --> 00:03:04,476 how it's changed, how it's changing our world... 52 00:03:07,021 --> 00:03:09,732 and how it's changing our very sense of who we are. 53 00:03:09,857 --> 00:03:14,486 ? 54 00:03:19,450 --> 00:03:22,620 To begin this story, we take you back to the 2000s. 55 00:03:23,871 --> 00:03:27,124 At that time, the corporation was in crisis. 56 00:03:28,000 --> 00:03:30,002 This meeting will come to order. 57 00:03:30,127 --> 00:03:34,006 This is a case of America's largest corporate bankruptcy. 58 00:03:34,131 --> 00:03:36,425 [narrator] Enron and WorldCom have collapsed 59 00:03:36,550 --> 00:03:39,053 in corporate scandals of unprecedented magnitude. 60 00:03:42,306 --> 00:03:43,891 Corporations were being called out 61 00:03:44,016 --> 00:03:46,435 for malfeasance that was destroying lives 62 00:03:46,560 --> 00:03:47,895 and the environment. 63 00:03:48,020 --> 00:03:51,315 [eerie percussion music] 64 00:03:52,441 --> 00:03:54,151 Around the same time, 65 00:03:54,276 --> 00:03:57,029 globalization was sparking worldwide protests 66 00:03:57,154 --> 00:03:58,656 against the growing power 67 00:03:58,781 --> 00:04:00,282 and impunity of the corporation. 68 00:04:01,533 --> 00:04:03,327 And our first film had just charged 69 00:04:03,452 --> 00:04:06,121 that corporations are institutional psychopaths. 70 00:04:07,289 --> 00:04:10,542 [John Coyne] I think calling corporations psychopaths... 71 00:04:11,710 --> 00:04:14,004 absolutely had an impact, 72 00:04:14,129 --> 00:04:15,923 and I can say that for myself. 73 00:04:16,048 --> 00:04:17,925 When... when I had to consume 74 00:04:18,050 --> 00:04:19,927 that particular thought, 75 00:04:20,052 --> 00:04:21,679 that was... 76 00:04:21,804 --> 00:04:23,931 that was interesting, 77 00:04:24,056 --> 00:04:25,891 to use a very soft word. 78 00:04:26,642 --> 00:04:28,310 It was outrageous. 79 00:04:28,435 --> 00:04:30,437 Has it influenced it? Yes. 80 00:04:30,562 --> 00:04:32,106 Are we on the road to recovery? 81 00:04:32,231 --> 00:04:34,942 I hope... I hope we are. 82 00:04:37,361 --> 00:04:40,114 About 2005, we started to see 83 00:04:40,239 --> 00:04:43,075 many of the world's biggest branded companies 84 00:04:43,200 --> 00:04:46,287 suddenly making very sweeping promises. 85 00:04:47,371 --> 00:04:51,083 Promises such as 100% carbon neutrality, 86 00:04:51,208 --> 00:04:53,043 zero waste to landfill, 87 00:04:53,168 --> 00:04:56,755 zero deforestation, 100% recycling. 88 00:04:57,715 --> 00:05:00,259 A real and significant shift. 89 00:05:02,094 --> 00:05:04,555 [narrator] Since that shift, corporations have mounted 90 00:05:04,680 --> 00:05:06,265 a major charm offensive... 91 00:05:07,141 --> 00:05:08,976 rebranding themselves and rebranding 92 00:05:09,101 --> 00:05:12,313 the entire capitalist system as having changed, 93 00:05:12,438 --> 00:05:14,690 having evolved into something new and improved. 94 00:05:14,815 --> 00:05:16,650 [upbeat, delicate percussion music] 95 00:05:27,244 --> 00:05:30,164 [John] I think there is genuinely a different dialogue 96 00:05:30,289 --> 00:05:32,624 that's taking place about corporations 97 00:05:32,750 --> 00:05:34,960 and the role that they play in society. 98 00:05:37,963 --> 00:05:39,631 That cult of shareholder value 99 00:05:39,757 --> 00:05:42,718 has seen its day as the narrow construct 100 00:05:42,843 --> 00:05:45,429 for how companies operate in society. 101 00:05:45,554 --> 00:05:47,348 [narrator] Wait, what did he say? 102 00:05:47,473 --> 00:05:49,975 - [high-pitched rewinding] - That cult of shareholder value 103 00:05:50,100 --> 00:05:53,187 has seen its day as the narrow construct 104 00:05:53,312 --> 00:05:55,564 for how companies operate in society. 105 00:05:56,607 --> 00:05:58,275 [narrator] This idea that making money 106 00:05:58,400 --> 00:05:59,943 for shareholders is no longer 107 00:06:00,069 --> 00:06:01,737 the corporation's only goal, 108 00:06:01,862 --> 00:06:03,822 it's the essence of the new story, 109 00:06:03,947 --> 00:06:06,450 the story that corporations now tell about themselves. 110 00:06:08,410 --> 00:06:10,746 [airplane rumbling] 111 00:06:10,871 --> 00:06:12,539 [Klaus] What is the purpose of the company? 112 00:06:12,664 --> 00:06:14,333 Is it just to make money? 113 00:06:14,917 --> 00:06:16,543 [narrator] This is Klaus Schwab, 114 00:06:16,668 --> 00:06:18,087 the man who first came up with the idea 115 00:06:18,212 --> 00:06:19,671 of a new kind of corporation. 116 00:06:19,797 --> 00:06:21,840 Companies recognize 117 00:06:21,965 --> 00:06:24,760 that they have a special responsibility: 118 00:06:24,885 --> 00:06:26,261 how we combine 119 00:06:26,387 --> 00:06:29,181 or how we blend moneymaking 120 00:06:29,306 --> 00:06:31,934 and social responsibility. 121 00:06:32,059 --> 00:06:35,062 [anticipatory percussion music] 122 00:06:35,187 --> 00:06:37,272 [narrator] To advance his ideas, 123 00:06:37,398 --> 00:06:40,484 Schwab built the world's most important annual gathering 124 00:06:40,609 --> 00:06:42,778 of corporate titans and world leaders. 125 00:06:42,903 --> 00:06:46,740 ? 126 00:06:46,865 --> 00:06:48,909 [Sandra] Every year, Davos in Switzerland 127 00:06:49,034 --> 00:06:52,204 hosts one of the most important gatherings 128 00:06:52,329 --> 00:06:53,914 of the global super elite. 129 00:06:54,039 --> 00:06:56,166 It's kind of the first stop in the elites' 130 00:06:56,291 --> 00:06:57,876 yearly migration route. 131 00:06:58,001 --> 00:07:00,921 ? 132 00:07:01,046 --> 00:07:03,048 People who are successful and make a lot of money 133 00:07:03,173 --> 00:07:04,842 are a dime a dozen. 134 00:07:04,967 --> 00:07:07,261 But these are the people who are the most successful. 135 00:07:07,386 --> 00:07:10,055 [upbeat synthesizer music] 136 00:07:17,813 --> 00:07:19,523 [narrator] But Davos isn't only a meeting place 137 00:07:19,648 --> 00:07:21,024 for the super elite. 138 00:07:21,608 --> 00:07:23,569 It's also where corporate chiefs 139 00:07:23,694 --> 00:07:25,779 and government leaders come together each year 140 00:07:25,904 --> 00:07:27,531 to promote the story of the new corporation... 141 00:07:29,450 --> 00:07:31,368 that corporations are conscientious now... 142 00:07:32,453 --> 00:07:34,663 no longer greedy and selfish, 143 00:07:34,788 --> 00:07:37,458 but poised to help make the world a better place. 144 00:07:37,583 --> 00:07:40,252 ? 145 00:07:46,258 --> 00:07:48,218 Sandra Navidi is a Davos insider... 146 00:07:49,011 --> 00:07:50,637 and author of a book 147 00:07:50,762 --> 00:07:52,347 about the world's most powerful players. 148 00:07:52,473 --> 00:07:55,184 [Sandra] These financial elites have great power, 149 00:07:55,309 --> 00:07:58,353 and in some instances this power actually exceeds 150 00:07:58,479 --> 00:08:02,065 those of democratically elected people or institutions. 151 00:08:07,696 --> 00:08:09,072 [narrator] This is Jamie Dimon. 152 00:08:09,990 --> 00:08:12,367 He heads the biggest bank in the United States, 153 00:08:12,493 --> 00:08:14,453 and is a leading voice for corporate America. 154 00:08:16,997 --> 00:08:20,626 So, the Jamie Dimon reception, 155 00:08:20,751 --> 00:08:24,171 there will be some introduction to the clients, right? 156 00:08:25,088 --> 00:08:26,924 [narrator] This is Sanjay Jain, 157 00:08:27,049 --> 00:08:29,968 one of Dimon's top executives at JPMorgan Chase. 158 00:08:30,802 --> 00:08:33,180 He's advising a prospective client. 159 00:08:33,305 --> 00:08:36,183 No, but I knew that we needed to be here 160 00:08:36,308 --> 00:08:39,269 because Davos is the place where all these people 161 00:08:39,394 --> 00:08:41,063 come together for a week. 162 00:08:41,188 --> 00:08:43,440 It's insane what happens here. 163 00:08:44,858 --> 00:08:47,486 [narrator] And here's the client, Bibop Gresta. 164 00:08:47,611 --> 00:08:49,863 Hi, Bibop Gresta. Very nice to meet you. 165 00:08:49,988 --> 00:08:52,074 [narrator] He's looking for investors in his company 166 00:08:52,199 --> 00:08:54,117 that's developing a transportation capsule 167 00:08:54,243 --> 00:08:56,328 that travels at the speed of sound. 168 00:08:57,496 --> 00:08:58,914 [Bibop] Sorry. 169 00:09:01,333 --> 00:09:02,751 I'm sorry. Excuse me. 170 00:09:06,255 --> 00:09:08,090 Hi, it's Bibop Gresta, 171 00:09:08,215 --> 00:09:10,050 Chairman of Hyperloop. 172 00:09:10,175 --> 00:09:13,095 [indistinct chatter] 173 00:09:13,220 --> 00:09:15,347 Oh, good, yeah, I saw some of your colleagues. 174 00:09:15,472 --> 00:09:16,890 Thank you. Good luck today. 175 00:09:17,015 --> 00:09:19,309 [indistinct chatter] 176 00:09:22,396 --> 00:09:24,523 [Sanjay] In 2009, 177 00:09:24,648 --> 00:09:26,608 when the financial crisis happened, 178 00:09:26,733 --> 00:09:30,279 JPMorgan, and Jamie Dimon in particular, 179 00:09:30,404 --> 00:09:32,906 picked Detroit as the one city 180 00:09:33,031 --> 00:09:34,908 in the entire country we were going to save. 181 00:09:35,033 --> 00:09:37,077 So, you need to say to Jamie, 182 00:09:37,202 --> 00:09:39,830 "I just want you to know that we are building 183 00:09:39,955 --> 00:09:41,790 a Hyperloop to Detroit. 184 00:09:41,915 --> 00:09:43,417 We care about Detroit as much as you do." 185 00:09:43,542 --> 00:09:44,835 - That's it. - Okay. 186 00:09:44,960 --> 00:09:47,129 - Okay, got it? - Got it. Got it. 187 00:09:48,589 --> 00:09:50,841 [Jamie] Here he is. How are you? 188 00:09:50,966 --> 00:09:52,968 [Bibop] Jamie, thank you for inviting me. 189 00:09:53,093 --> 00:09:55,012 You going to like, a black tie tonight? 190 00:09:55,137 --> 00:09:57,014 - Well, yeah. They said... - You just dress like this. 191 00:09:57,139 --> 00:10:00,559 - [Bibop laughing] No, I was... - I was telling Tony Blair... 192 00:10:00,684 --> 00:10:01,977 - [Bibop] How are you tonight? - You guys have 193 00:10:02,102 --> 00:10:04,062 - something in common. - Yes. 194 00:10:04,187 --> 00:10:05,564 [Jamie] You were in a rock band. 195 00:10:05,689 --> 00:10:07,149 - [Bibop laughing] - He was in a rock band 196 00:10:07,274 --> 00:10:08,900 before he was Prime Minister. 197 00:10:09,026 --> 00:10:10,527 I don't know what I was expecting 198 00:10:10,652 --> 00:10:12,571 from a person like Jamie Dimon. 199 00:10:12,696 --> 00:10:15,449 I discovered a person that installed 200 00:10:15,574 --> 00:10:18,035 a very great culture inside their company, 201 00:10:18,160 --> 00:10:20,454 they're starting programs trying 202 00:10:20,579 --> 00:10:21,997 to improve society, 203 00:10:22,122 --> 00:10:24,958 creating a special program for Detroit, 204 00:10:25,083 --> 00:10:27,753 reconstruct it completely, I wasn't expecting that. 205 00:10:27,878 --> 00:10:30,422 I knew what you've done for Detroit 206 00:10:30,547 --> 00:10:33,008 and all the efforts allegedly to save it. 207 00:10:33,133 --> 00:10:35,260 And it's not public yet. 208 00:10:35,385 --> 00:10:38,055 But we are... we signed a deal with Ohio 209 00:10:38,180 --> 00:10:41,016 to actually build a Hyperloop to Detroit. 210 00:10:41,141 --> 00:10:43,060 You know, we are trying to contribute, 211 00:10:43,185 --> 00:10:44,728 follow your example. 212 00:10:44,853 --> 00:10:46,563 Think it's a very important project. 213 00:10:46,688 --> 00:10:49,566 It's a big, big year for us. 214 00:10:49,691 --> 00:10:51,068 It's exciting. 215 00:10:51,193 --> 00:10:52,694 I'll see you in a couple weeks. 216 00:10:52,819 --> 00:10:54,404 Okay, okay, thank you. Thank you very much. 217 00:10:55,072 --> 00:10:58,492 [Klaus] Davos is a place of interaction, of dialogue. 218 00:10:59,242 --> 00:11:01,703 We look at the ecosystem of what's happening ... 219 00:11:02,663 --> 00:11:06,166 but always with a sense of responsibility 220 00:11:06,291 --> 00:11:07,959 for us. 221 00:11:08,085 --> 00:11:10,962 And us, it means not just one country, 222 00:11:11,088 --> 00:11:12,547 not just one person. 223 00:11:12,673 --> 00:11:15,258 I think at the end, we are all 224 00:11:15,384 --> 00:11:18,553 a globally interdependent humankind. 225 00:11:18,679 --> 00:11:21,890 [looming, anticipatory synthesizer music] 226 00:11:32,067 --> 00:11:34,403 [Valerie] So, here in Davos, we debated the motion, 227 00:11:34,528 --> 00:11:36,613 "Is the business of business still just business?" 228 00:11:36,738 --> 00:11:40,492 And interestingly, more than 80% said "no." 229 00:11:40,617 --> 00:11:42,369 In today's transformative age, 230 00:11:42,494 --> 00:11:44,955 business has a wider accountability and opportunity. 231 00:11:45,080 --> 00:11:47,833 We're in a new age of doing business. 232 00:11:48,500 --> 00:11:50,794 You need to give back. 233 00:11:50,919 --> 00:11:53,296 You need to be part of the solution. 234 00:11:54,047 --> 00:11:57,050 Society is demanding that companies, 235 00:11:57,175 --> 00:11:59,511 both public and private, 236 00:11:59,636 --> 00:12:01,263 serve a social purpose. 237 00:12:01,388 --> 00:12:03,306 [Valerie] There is a new possibility 238 00:12:03,432 --> 00:12:05,350 we can imagine something different. 239 00:12:05,475 --> 00:12:07,185 It takes courageous leadership, 240 00:12:07,310 --> 00:12:09,354 and it takes people who get it here, 241 00:12:09,479 --> 00:12:11,523 and who get it here, and who understand 242 00:12:11,648 --> 00:12:13,275 that life is short and precious, 243 00:12:13,400 --> 00:12:15,152 and if we're in positions of power and influence, 244 00:12:15,277 --> 00:12:18,196 that we should use that to help shift the paradigm 245 00:12:18,321 --> 00:12:19,906 and the possibility of what it means to be 246 00:12:20,031 --> 00:12:21,450 a business on the planet, 247 00:12:21,575 --> 00:12:23,285 and what it means to be a human being. 248 00:12:23,410 --> 00:12:25,036 [narrator] It all sounds so good, 249 00:12:25,162 --> 00:12:27,164 this talk of a new kind of corporation... 250 00:12:28,290 --> 00:12:30,500 in Davos and everywhere else. 251 00:12:32,210 --> 00:12:33,670 For many businesses, 252 00:12:33,795 --> 00:12:35,464 the commitment to the triple bottom line 253 00:12:35,589 --> 00:12:38,592 of people, profit, and planet, is real. 254 00:12:38,717 --> 00:12:41,136 The problem is the capitalist system 255 00:12:41,261 --> 00:12:43,972 as a whole is not committed to that. 256 00:12:44,097 --> 00:12:47,225 [Elizabeth] There are CEOs and corporate boards 257 00:12:47,350 --> 00:12:49,144 attempting to do good in the world. 258 00:12:49,269 --> 00:12:50,312 They clearly are. 259 00:12:52,189 --> 00:12:55,400 But the notion that there is anything inherently 260 00:12:55,525 --> 00:12:57,736 socially responsible about a corporation 261 00:12:57,861 --> 00:13:00,405 is a counter-intuitive proposition. 262 00:13:02,324 --> 00:13:05,202 By law, the corporation exists for one reason: 263 00:13:05,327 --> 00:13:07,120 to return benefits to shareholders. 264 00:13:08,413 --> 00:13:09,831 There is no such thing 265 00:13:09,956 --> 00:13:11,833 as corporate social responsibility. 266 00:13:11,958 --> 00:13:14,711 Corporations don't have the leeway 267 00:13:14,836 --> 00:13:16,797 to sacrifice shareholder returns 268 00:13:16,922 --> 00:13:18,381 for doing whatever they want 269 00:13:18,507 --> 00:13:20,967 or whatever they believe is socially responsible. 270 00:13:23,929 --> 00:13:25,430 [narrator] What then do we make 271 00:13:25,555 --> 00:13:26,890 of the corporations' new image... 272 00:13:28,099 --> 00:13:30,101 of the claim corporations have changed? 273 00:13:31,937 --> 00:13:33,814 Since our last film 274 00:13:33,939 --> 00:13:36,274 the American Psychiatric Association has added 275 00:13:36,399 --> 00:13:38,902 a new item to its diagnostic checklist. 276 00:13:50,789 --> 00:13:52,249 [John Browne] You always have to come back 277 00:13:52,374 --> 00:13:54,084 as a leader to purpose. 278 00:13:54,209 --> 00:13:57,379 Why are we here? Why are we doing business? 279 00:13:57,504 --> 00:14:00,048 And we want to do business for the long term. 280 00:14:00,173 --> 00:14:03,718 Values are part of a purpose of a company. 281 00:14:04,970 --> 00:14:06,596 [narrator] John Browne is a leading voice 282 00:14:06,721 --> 00:14:08,598 in today's new corporation movement. 283 00:14:09,850 --> 00:14:11,476 When he was CEO of the world's 284 00:14:11,601 --> 00:14:13,478 second largest oil company, 285 00:14:13,603 --> 00:14:15,772 he professed deep environmental beliefs 286 00:14:15,897 --> 00:14:19,025 while achieving record profits and meteoric growth. 287 00:14:19,150 --> 00:14:20,694 You, basically for the first time, 288 00:14:20,819 --> 00:14:22,571 an oil company executive, stepped forward to say 289 00:14:22,696 --> 00:14:24,322 global warming is a problem. 290 00:14:24,447 --> 00:14:26,867 It set BP apart. 291 00:14:26,992 --> 00:14:29,828 I think people are much more convinced now, 292 00:14:29,953 --> 00:14:31,413 at least around the world, 293 00:14:31,538 --> 00:14:33,748 that there is a real case 294 00:14:33,874 --> 00:14:35,876 to take precautionary action to avoid 295 00:14:36,001 --> 00:14:38,879 carbon concentrations going to beyond 296 00:14:39,004 --> 00:14:40,422 a critical level in the atmosphere. 297 00:14:41,172 --> 00:14:43,717 My sense is that John Browne's concerns are genuine. 298 00:14:43,842 --> 00:14:45,760 His interest in the environment is genuine. 299 00:14:45,886 --> 00:14:49,472 His concern for workers and for people's safety, 300 00:14:49,598 --> 00:14:51,182 theoretically, is genuine. 301 00:14:52,267 --> 00:14:55,228 But those desires are just inherently conflicting 302 00:14:55,353 --> 00:14:58,398 with the need to make money because turning a profit 303 00:14:58,523 --> 00:15:00,734 for those corporations is always going to come first. 304 00:15:02,193 --> 00:15:03,987 [man 1 on radio] I need an ambulance 305 00:15:04,112 --> 00:15:05,906 and EMTs right now! 306 00:15:06,031 --> 00:15:07,324 [man 2 on radio] There's people trapped 307 00:15:07,449 --> 00:15:09,326 in the trailer, they need help. 308 00:15:09,451 --> 00:15:11,786 [John Browne] In 2005, 309 00:15:11,912 --> 00:15:14,331 when I was CEO of BP, 310 00:15:14,456 --> 00:15:16,958 we had a terrible tragedy. 311 00:15:17,083 --> 00:15:19,002 Fifteen people died 312 00:15:19,127 --> 00:15:21,922 in a refinery explosion in Texas City. 313 00:15:22,881 --> 00:15:25,091 [news anchor] This is the second time people have died 314 00:15:25,216 --> 00:15:27,052 at this plant in less than a year. 315 00:15:27,177 --> 00:15:29,512 In that time, it has been fined 316 00:15:29,638 --> 00:15:31,765 for more than fourteen safety violations. 317 00:15:33,808 --> 00:15:36,770 [John Browne] All of us at BP are very deeply saddened 318 00:15:36,895 --> 00:15:39,397 by the loss of life and injuries 319 00:15:39,522 --> 00:15:41,942 suffered by so many people. 320 00:15:44,945 --> 00:15:47,864 After Texas City, we were at pains, 321 00:15:47,989 --> 00:15:49,950 at pains to say 322 00:15:50,075 --> 00:15:52,202 safety must never be compromised 323 00:15:52,327 --> 00:15:54,245 for financial performance. 324 00:15:54,371 --> 00:15:56,289 We were very concerned 325 00:15:56,414 --> 00:16:00,251 to make sure that safety, operational safety, 326 00:16:00,377 --> 00:16:02,712 process safety, took primacy. 327 00:16:02,837 --> 00:16:04,381 It's ridiculous for John Browne 328 00:16:04,506 --> 00:16:06,257 to suggest that he had adequately addressed 329 00:16:06,383 --> 00:16:08,760 process safety in the wake of the Texas City refinery. 330 00:16:08,885 --> 00:16:10,512 It was less than a year later 331 00:16:10,637 --> 00:16:13,181 his company had a spill in Alaska 332 00:16:13,306 --> 00:16:14,808 on oil pipelines which, it turns out, 333 00:16:14,933 --> 00:16:16,559 were not maintained. 334 00:16:16,685 --> 00:16:18,520 [news anchor] Technicians at Prudhoe Bay 335 00:16:18,645 --> 00:16:20,522 warned it was understaffed, 336 00:16:20,647 --> 00:16:22,399 lacking in routine maintenance, leak prone, 337 00:16:22,524 --> 00:16:23,858 and vulnerable to explosion. 338 00:16:23,984 --> 00:16:25,568 [Abrahm] There was a specific decision 339 00:16:25,694 --> 00:16:28,571 to save money by not running corrosion tests 340 00:16:28,697 --> 00:16:30,156 in those pipelines. 341 00:16:30,281 --> 00:16:31,741 It's the same kind of thing that led 342 00:16:31,866 --> 00:16:34,035 to the Texas City explosion. 343 00:16:35,870 --> 00:16:38,081 [narrator] Yet BP claimed it had learned its lesson 344 00:16:38,206 --> 00:16:39,332 from Texas City. 345 00:16:40,250 --> 00:16:43,086 [John Browne] In 2007 I left BP 346 00:16:43,211 --> 00:16:44,629 and I thought, "This is great. 347 00:16:44,754 --> 00:16:46,673 This company has got it." 348 00:16:48,591 --> 00:16:51,761 [explosion roaring] 349 00:16:55,432 --> 00:16:59,019 What was so depressing to me 350 00:16:59,144 --> 00:17:00,645 was that yet again, 351 00:17:00,770 --> 00:17:02,522 people died. 352 00:17:05,358 --> 00:17:07,360 And while I wasn't there 353 00:17:07,485 --> 00:17:09,070 and I didn't know what had happened... 354 00:17:10,030 --> 00:17:13,867 I could see some terrible echoes of history. 355 00:17:13,992 --> 00:17:16,870 [explosion roaring] 356 00:17:18,872 --> 00:17:21,082 [narrator] While John Browne had left BP, 357 00:17:21,207 --> 00:17:23,001 some things hadn't changed. 358 00:17:24,085 --> 00:17:25,462 [Abrahm] The poor decisions that led 359 00:17:25,587 --> 00:17:27,881 to the Deepwater Horizon echo and track 360 00:17:28,006 --> 00:17:30,759 what John Browne instituted in the company 361 00:17:30,884 --> 00:17:32,218 a decade or two before it. 362 00:17:34,721 --> 00:17:36,723 John Browne pushed the largest cost cut 363 00:17:36,848 --> 00:17:39,059 that I've heard of at any corporation 364 00:17:39,184 --> 00:17:41,603 in any kind of industry, not just the oil industry. 365 00:17:41,728 --> 00:17:43,813 You can't do that without cutting corners 366 00:17:43,938 --> 00:17:46,107 on maintenance of equipment, 367 00:17:46,232 --> 00:17:48,193 without pushing timetables. 368 00:17:48,318 --> 00:17:49,778 And that's the culture that he built. 369 00:17:50,570 --> 00:17:54,157 [soft, pulsating orchestral instrumental] 370 00:17:59,412 --> 00:18:02,207 When given that choice between doing good 371 00:18:02,332 --> 00:18:04,709 and doing well for your company, 372 00:18:04,834 --> 00:18:06,544 the fact that publicly held companies 373 00:18:06,669 --> 00:18:08,922 have an obligation to deliver to their shareholders, 374 00:18:09,047 --> 00:18:12,050 making those profits will always be the highest priority. 375 00:18:12,175 --> 00:18:14,302 Those trend lines are just headed in opposite directions, 376 00:18:14,427 --> 00:18:16,179 and I think they always will be. 377 00:18:16,304 --> 00:18:19,933 ? 378 00:18:22,936 --> 00:18:24,687 [Jamie] We are a, just to make it clear, 379 00:18:24,813 --> 00:18:26,606 a for-profit institution. 380 00:18:26,731 --> 00:18:28,566 - [audience laughing] - And we are making 381 00:18:28,691 --> 00:18:30,068 an investment in Detroit. 382 00:18:31,402 --> 00:18:32,612 [narrator] Remember Jamie Dimon 383 00:18:32,737 --> 00:18:34,739 from JPMorgan Chase? 384 00:18:35,657 --> 00:18:37,992 He's the CEO who wants to save Detroit. 385 00:18:39,702 --> 00:18:43,414 Detroit was devastated by the 2008 financial crisis. 386 00:18:44,124 --> 00:18:45,708 A third of its homes were abandoned. 387 00:18:46,543 --> 00:18:48,086 Over the next five years, 388 00:18:48,211 --> 00:18:50,046 it spiraled towards rock bottom. 389 00:18:50,839 --> 00:18:52,882 [news anchor] When the 2008 financial crisis 390 00:18:53,007 --> 00:18:54,843 hammered North America, 391 00:18:54,968 --> 00:18:57,637 long suffering Detroit was hit especially hard. 392 00:18:57,762 --> 00:19:00,306 Detroit is officially the largest city in history 393 00:19:00,431 --> 00:19:02,016 to file for bankruptcy. 394 00:19:04,018 --> 00:19:06,229 [narrator] After bankruptcy, Jamie Dimon 395 00:19:06,354 --> 00:19:08,898 and his bank stepped in with vast amounts of capital. 396 00:19:09,566 --> 00:19:11,317 - Why Detroit? - So, obviously 397 00:19:11,442 --> 00:19:13,361 it's good for the bank, but... but it's part humanity, 398 00:19:13,486 --> 00:19:14,946 trying to help your city and your people 399 00:19:15,071 --> 00:19:16,823 come back and recover from what had been 400 00:19:16,948 --> 00:19:18,616 basically a terrible 20 years. 401 00:19:18,741 --> 00:19:20,952 [Robert] Jamie Dimon wants to rescue Detroit, 402 00:19:21,077 --> 00:19:24,789 but what's misleading is he wants America 403 00:19:24,914 --> 00:19:27,333 to believe that he and, by implication, 404 00:19:27,458 --> 00:19:28,918 JPMorgan Chase Bank, 405 00:19:29,043 --> 00:19:30,420 are somehow the good guys, 406 00:19:30,545 --> 00:19:32,547 that they are leading us in a direction 407 00:19:32,672 --> 00:19:34,924 we ought to be going in without... 408 00:19:35,049 --> 00:19:37,844 without any memory 409 00:19:37,969 --> 00:19:40,889 that he and the bank caused, 410 00:19:41,014 --> 00:19:43,057 in part, a huge recession 411 00:19:43,183 --> 00:19:45,852 that wrecked the lives of millions, 412 00:19:45,977 --> 00:19:47,979 tens of millions of people. 413 00:19:48,104 --> 00:19:49,731 [reporter 1] At one point, 414 00:19:49,856 --> 00:19:51,774 the market fell as if down a well. 415 00:19:51,900 --> 00:19:53,234 [reporter 2] The NASDAQ, everything and more 416 00:19:53,359 --> 00:19:54,944 has been completely wiped out. 417 00:19:55,069 --> 00:19:56,946 [reporter 3] Three of the five biggest 418 00:19:57,071 --> 00:19:58,406 independent firms on Wall Street 419 00:19:58,531 --> 00:19:59,991 have now disappeared. 420 00:20:00,116 --> 00:20:01,910 [George W. Bush] Major sectors of America's 421 00:20:02,035 --> 00:20:04,954 financial system are at risk of shutting down. 422 00:20:05,079 --> 00:20:07,248 [narrator] The 2008 financial crisis 423 00:20:07,373 --> 00:20:09,500 was the result of corporate misconduct 424 00:20:09,626 --> 00:20:10,919 and reckless speculation. 425 00:20:11,044 --> 00:20:12,879 That malfeasance nearly destroyed 426 00:20:13,004 --> 00:20:14,505 the global economy. 427 00:20:15,381 --> 00:20:17,050 It cost the American economy 428 00:20:17,175 --> 00:20:20,053 about $20 trillion in terms of lost housing value, 429 00:20:20,178 --> 00:20:22,263 lost productivity from the recession. 430 00:20:22,889 --> 00:20:24,807 Millions of people lost their jobs. 431 00:20:24,933 --> 00:20:27,352 Millions of others were thrown out of their homes. 432 00:20:27,477 --> 00:20:29,103 People were really hurt. 433 00:20:29,229 --> 00:20:31,272 [woman sobbing] 434 00:20:35,818 --> 00:20:37,278 [newscaster] The nation's biggest bank, 435 00:20:37,403 --> 00:20:39,656 JPMorgan Chase, has agreed to a $13 billion 436 00:20:39,781 --> 00:20:41,616 settlement with the US government 437 00:20:41,741 --> 00:20:44,285 for misleading investors and mortgage agencies 438 00:20:44,410 --> 00:20:46,621 about the safety of mortgage backed securities 439 00:20:46,746 --> 00:20:48,873 it sold ahead of the financial crisis. 440 00:20:48,998 --> 00:20:51,542 That would be the largest fine ever paid 441 00:20:51,668 --> 00:20:54,379 by a single bank to settle civil charges, 442 00:20:54,504 --> 00:20:57,674 yet doesn't even resolve a possible criminal case. 443 00:21:00,426 --> 00:21:02,929 [narrator] But JPMorgan Chase's caring image 444 00:21:03,054 --> 00:21:05,723 helped mask its self-interested nature. 445 00:21:05,848 --> 00:21:07,809 [Anand] I think we have to acknowledge 446 00:21:07,934 --> 00:21:10,311 that as a kind of private sector propaganda, 447 00:21:10,436 --> 00:21:12,689 it has been remarkably successful. 448 00:21:12,814 --> 00:21:14,607 [narrator] This is Anand Giridharadas, 449 00:21:14,732 --> 00:21:16,526 an expert on how corporate elites 450 00:21:16,651 --> 00:21:18,486 cloak profit making in virtue. 451 00:21:18,611 --> 00:21:20,613 When you have someone like Jamie Dimon ... 452 00:21:20,738 --> 00:21:23,199 who is running an institution 453 00:21:24,367 --> 00:21:25,576 that paid fines... 454 00:21:27,120 --> 00:21:28,579 for its role in helping to cause 455 00:21:28,705 --> 00:21:30,665 the financial crisis... 456 00:21:30,790 --> 00:21:33,626 that wiped out communities, 457 00:21:33,751 --> 00:21:35,670 we're talking about obliterated 458 00:21:35,795 --> 00:21:37,130 certain communities... 459 00:21:38,172 --> 00:21:39,382 when you have someone like that 460 00:21:39,507 --> 00:21:41,592 who then turns around ... 461 00:21:41,718 --> 00:21:44,220 and says that it saved Detroit, 462 00:21:44,345 --> 00:21:45,680 what's so amazing ... 463 00:21:46,597 --> 00:21:49,642 is this kind of two-step... 464 00:21:49,767 --> 00:21:52,437 that this plutocratic group 465 00:21:52,562 --> 00:21:53,896 has been able to pull off. 466 00:21:54,022 --> 00:21:56,107 You first create conditions 467 00:21:56,232 --> 00:21:58,818 in which people in a city like Detroit 468 00:21:58,943 --> 00:22:02,947 are shattered by your speculation decisions. 469 00:22:03,072 --> 00:22:05,658 And then you have the gall 470 00:22:05,783 --> 00:22:09,078 to market yourself to those folks 471 00:22:09,203 --> 00:22:11,414 as their... as their Christ. 472 00:22:12,165 --> 00:22:14,042 We were here in the darkest moments 473 00:22:14,167 --> 00:22:15,543 for everybody at all time. 474 00:22:15,668 --> 00:22:17,253 We didn't run, we didn't hide. 475 00:22:17,378 --> 00:22:20,089 And we figure, you know, if we can help in Detroit, 476 00:22:20,214 --> 00:22:21,716 you can help anywhere. 477 00:22:21,841 --> 00:22:23,551 [Anand] We participate 478 00:22:23,676 --> 00:22:25,595 in this game... 479 00:22:26,512 --> 00:22:28,389 that allows the very people ... 480 00:22:29,223 --> 00:22:31,184 abetting harm to our society, 481 00:22:31,309 --> 00:22:32,935 or actively harming our society, 482 00:22:33,061 --> 00:22:34,687 to reinvent themselves as saviors. 483 00:22:34,812 --> 00:22:37,231 [audience applauding] 484 00:22:42,612 --> 00:22:44,072 [narrator] But that's part of a larger game 485 00:22:44,197 --> 00:22:45,365 corporations now play: 486 00:22:47,033 --> 00:22:50,119 making feelgood promises with bright smiles... 487 00:22:51,204 --> 00:22:53,790 appearing to be different than what they really are. 488 00:22:53,915 --> 00:22:56,084 [birds chirping] 489 00:22:57,001 --> 00:22:59,253 If the new corporation had a playbook... 490 00:23:00,380 --> 00:23:01,839 what might it look like? 491 00:23:03,591 --> 00:23:05,426 What would its key plays be? 492 00:23:05,551 --> 00:23:08,596 [eerie orchestral instrumental] 493 00:23:13,518 --> 00:23:15,019 [reporter] I am here with Bill Gates. 494 00:23:15,144 --> 00:23:17,397 I'd love you to tell our readers what... 495 00:23:17,522 --> 00:23:19,273 what the heck creative capitalism is. 496 00:23:19,399 --> 00:23:21,776 Can we take some of the caring 497 00:23:21,901 --> 00:23:24,278 and innovation power, the resources 498 00:23:24,404 --> 00:23:26,697 of corporations and get them to focus 499 00:23:26,823 --> 00:23:29,784 more of that on the needs of the poorest? 500 00:23:32,328 --> 00:23:33,788 [narrator] Bill Gates put his idea 501 00:23:33,913 --> 00:23:35,915 of creative capitalism to work... 502 00:23:36,040 --> 00:23:38,751 pouring billions into investments in Africa, 503 00:23:38,876 --> 00:23:41,045 including a multi-million dollar stake 504 00:23:41,170 --> 00:23:42,588 in a start-up company called 505 00:23:42,713 --> 00:23:44,507 Bridge International Academies. 506 00:23:44,632 --> 00:23:48,428 - Good morning, class. - Good morning, Teacher. 507 00:23:48,553 --> 00:23:50,763 - [teacher] How are you? - We are fine, 508 00:23:50,888 --> 00:23:53,182 thank you, Teacher, and how are you? 509 00:23:53,307 --> 00:23:55,059 [teacher] I'm fine, thank you. 510 00:23:55,184 --> 00:23:57,353 [Shannon] Bridge is a flagship of creative capitalism. 511 00:23:58,146 --> 00:24:00,606 We serve children living in poverty. 512 00:24:00,731 --> 00:24:02,567 Even people who are living in poverty, 513 00:24:02,692 --> 00:24:04,610 they are earning cash. 514 00:24:04,735 --> 00:24:06,320 And they're earning cash for a reason. 515 00:24:06,446 --> 00:24:08,698 They're earning it to be able to spend it 516 00:24:08,823 --> 00:24:10,366 on things they need in their lives. 517 00:24:10,491 --> 00:24:12,452 Five years ago, my co-founder, Shannon, 518 00:24:12,577 --> 00:24:15,329 and I decided that an aggressive start-up company 519 00:24:15,455 --> 00:24:17,331 that could figure out how to profitably deliver 520 00:24:17,457 --> 00:24:19,417 education at a high quality 521 00:24:19,542 --> 00:24:22,044 could radically disrupt the status quo in education, 522 00:24:22,170 --> 00:24:24,297 ultimately creating what could be a billion dollar, 523 00:24:24,422 --> 00:24:26,591 new global education company. 524 00:24:27,425 --> 00:24:28,968 Private schools for the poor 525 00:24:29,093 --> 00:24:32,305 is a $51-billion-a-year market 526 00:24:32,430 --> 00:24:34,098 no one's even thought about. 527 00:24:35,516 --> 00:24:37,143 [Angelo] In the Global South, 528 00:24:37,268 --> 00:24:39,604 what we've seen is the emergence of chains 529 00:24:39,729 --> 00:24:42,440 of schools, for-profit schools, 530 00:24:42,565 --> 00:24:45,193 to compete against the public education system. 531 00:24:45,318 --> 00:24:46,736 One of the biggest players 532 00:24:46,861 --> 00:24:48,738 is Bridge International Academies. 533 00:24:49,572 --> 00:24:52,116 Venture capitalists invest in Bridge schools: 534 00:24:52,241 --> 00:24:54,827 Pearson, The World Bank, Zuckerberg, 535 00:24:54,952 --> 00:24:57,205 Gates, and the list goes on. 536 00:24:58,206 --> 00:25:00,750 We hear of creative capitalism. 537 00:25:00,875 --> 00:25:02,418 But that's promoting a world 538 00:25:02,543 --> 00:25:05,713 where the market would dictate terms ... 539 00:25:06,547 --> 00:25:08,508 with respect to the provision of education. 540 00:25:09,091 --> 00:25:10,551 We take lessons that other 541 00:25:10,676 --> 00:25:12,720 large global service providers use, 542 00:25:12,845 --> 00:25:14,555 like McDonald's or Starbucks. 543 00:25:14,680 --> 00:25:17,808 We build for scale. We systematize. We standardize. 544 00:25:17,934 --> 00:25:20,520 We call this vertically integrated platform. 545 00:25:20,645 --> 00:25:21,896 Our academy in a box. 546 00:25:22,897 --> 00:25:24,190 [Anand] What is so interesting 547 00:25:24,315 --> 00:25:26,567 about this social business thing 548 00:25:26,692 --> 00:25:29,946 is, on the surface, it seems incredibly noble. 549 00:25:30,863 --> 00:25:32,406 They're saying moneymaking 550 00:25:32,532 --> 00:25:34,116 should not be the sole goal of a business. 551 00:25:34,242 --> 00:25:35,868 It should also have a social purpose. 552 00:25:36,786 --> 00:25:37,912 But what it is also saying ... 553 00:25:38,829 --> 00:25:41,624 is that the kinds of change 554 00:25:41,749 --> 00:25:44,585 that we ought to pursue are the kinds of change 555 00:25:44,710 --> 00:25:46,921 that kick something back to the winners. 556 00:25:47,588 --> 00:25:49,048 But those interested financial reasons 557 00:25:49,173 --> 00:25:50,841 are good for the world. 558 00:25:50,967 --> 00:25:53,010 If we succeed in serving ten million children, 559 00:25:53,135 --> 00:25:55,388 which I know we will, 560 00:25:55,513 --> 00:25:58,766 it's still only about 1% of children ... 561 00:25:58,891 --> 00:26:01,644 who need improved services in their government 562 00:26:01,769 --> 00:26:03,479 and community schools. 563 00:26:03,604 --> 00:26:05,898 So, I hope we not only get there, 564 00:26:06,023 --> 00:26:08,651 but far trans-cede it, and in so doing, 565 00:26:08,776 --> 00:26:10,486 be a good partner for our shareholders 566 00:26:10,611 --> 00:26:12,405 and those who've entrusted us with their capital ... 567 00:26:13,573 --> 00:26:14,907 to try to make a big impact. 568 00:26:15,950 --> 00:26:18,369 [Diane] This is colonialism, pure and simple. 569 00:26:19,704 --> 00:26:21,330 Fundamentally, Bridge is saying, 570 00:26:21,455 --> 00:26:22,957 "Give us your education system. 571 00:26:23,082 --> 00:26:24,625 We will take care of it." 572 00:26:24,750 --> 00:26:25,960 Public education 573 00:26:26,085 --> 00:26:28,963 is one of the basic commitments 574 00:26:29,088 --> 00:26:30,715 of a democratic society. 575 00:26:30,840 --> 00:26:33,342 Education is not non-political, 576 00:26:33,467 --> 00:26:35,094 it's not apolitical. 577 00:26:35,219 --> 00:26:36,971 You teach a set of values when you're teaching. 578 00:26:37,096 --> 00:26:39,307 You cannot rely on Mark Zuckerberg, 579 00:26:39,432 --> 00:26:41,183 Bill Gates, the World Bank 580 00:26:41,309 --> 00:26:43,561 to take over and provide the education 581 00:26:43,686 --> 00:26:44,979 that you should be providing yourself. 582 00:26:45,104 --> 00:26:47,356 Bridge is in business. 583 00:26:47,481 --> 00:26:48,899 When you want to utilize... 584 00:26:50,026 --> 00:26:52,069 poor citizens of this world 585 00:26:52,194 --> 00:26:53,613 as a source of income, 586 00:26:53,738 --> 00:26:55,615 they're making money 587 00:26:55,740 --> 00:26:58,492 out of utilizing unqualified teachers. 588 00:26:58,618 --> 00:27:01,203 [Shannon] We believe everyone is a teacher ... 589 00:27:02,038 --> 00:27:03,623 and everyone could be. 590 00:27:03,748 --> 00:27:06,751 There are certain core skills you need to have. 591 00:27:06,876 --> 00:27:08,294 You've got to be able to read. 592 00:27:08,419 --> 00:27:09,712 Might seem like a low bar, 593 00:27:09,837 --> 00:27:11,088 but you have to start somewhere. 594 00:27:12,048 --> 00:27:13,466 [narrator] It's true. 595 00:27:13,591 --> 00:27:15,259 Bridge Teachers know how to read. 596 00:27:16,177 --> 00:27:17,803 But they're required to do little more 597 00:27:17,928 --> 00:27:19,805 in their classrooms because they follow 598 00:27:19,930 --> 00:27:21,432 scripted lesson plans, 599 00:27:21,557 --> 00:27:22,933 read word for word from a tablet. 600 00:27:24,685 --> 00:27:26,020 [Shannon] It's telling you 601 00:27:26,145 --> 00:27:27,897 all of these different ways to behave: 602 00:27:28,022 --> 00:27:30,858 move away from the board, circulate in the classroom, 603 00:27:30,983 --> 00:27:32,443 give them one on one coaching. 604 00:27:33,235 --> 00:27:36,197 You cannot have teachers who behave as robots ... 605 00:27:37,198 --> 00:27:39,450 follow a scripted curriculum that tells you, 606 00:27:39,575 --> 00:27:42,411 "Walk three steps to the blackboard, 607 00:27:42,536 --> 00:27:44,538 walk around the classroom." 608 00:27:44,664 --> 00:27:45,706 And that's... 609 00:27:46,749 --> 00:27:49,418 a teacher ought to be a natural teacher. 610 00:27:51,087 --> 00:27:52,463 From an investment point of view ... 611 00:27:53,881 --> 00:27:56,008 that because of a tragic failure 612 00:27:56,133 --> 00:27:57,843 of our existing systems, 613 00:27:57,968 --> 00:28:00,346 there's an incredible need for services 614 00:28:00,471 --> 00:28:01,722 to solve these problems. 615 00:28:02,807 --> 00:28:04,809 People have just kind of said, 616 00:28:04,934 --> 00:28:07,269 "Well, if hopefully the government will fix it." 617 00:28:07,395 --> 00:28:08,729 But fix it with what? 618 00:28:09,605 --> 00:28:11,065 [narrator] "Government can't fix problems." 619 00:28:11,982 --> 00:28:14,443 It's a defining idea of the new corporation... 620 00:28:15,611 --> 00:28:17,822 a key play in its playbook. 621 00:28:17,947 --> 00:28:20,116 And it goes back nearly half a century. 622 00:28:21,951 --> 00:28:23,869 [Ronald Reagan] In this present crisis, 623 00:28:23,994 --> 00:28:26,997 government is not the solution to our problem. 624 00:28:28,082 --> 00:28:29,792 Government is the problem. 625 00:28:32,128 --> 00:28:34,338 [Margaret Thatcher] We believe that government should be 626 00:28:34,463 --> 00:28:36,090 severely limited 627 00:28:36,215 --> 00:28:39,009 in the way in which they say 628 00:28:39,135 --> 00:28:40,845 that they're entitled to impose 629 00:28:40,970 --> 00:28:43,222 their judgment on what the people want. 630 00:28:43,347 --> 00:28:45,808 If you look at the real problems of poverty 631 00:28:45,933 --> 00:28:48,185 and denial of freedom to people in this country, 632 00:28:48,310 --> 00:28:49,895 almost every single one of them 633 00:28:50,020 --> 00:28:51,188 is a result of government action. 634 00:28:52,857 --> 00:28:56,694 [Wendy] In the 1980s, corporations were frustrated 635 00:28:56,819 --> 00:28:59,155 by the limits on profits 636 00:28:59,280 --> 00:29:01,574 that they felt were imposed upon them 637 00:29:01,699 --> 00:29:04,410 by the combination of labor unions, 638 00:29:04,535 --> 00:29:07,955 increasing regulation, taxation. 639 00:29:09,331 --> 00:29:11,625 And that combination of things led to 640 00:29:11,751 --> 00:29:13,461 a kind of rebellion: 641 00:29:13,586 --> 00:29:16,797 one that wouldn't overthrow democracy 642 00:29:16,922 --> 00:29:19,258 in some overt way ... 643 00:29:19,383 --> 00:29:21,927 but choke it, leash it, 644 00:29:22,052 --> 00:29:23,971 tone it down, and above all, 645 00:29:24,096 --> 00:29:26,140 replace it with markets. 646 00:29:27,391 --> 00:29:29,101 [narrator] Corporations formed alliances 647 00:29:29,226 --> 00:29:31,145 with governments they had helped elect, 648 00:29:31,270 --> 00:29:33,647 governments that were in fact anti-government, 649 00:29:33,773 --> 00:29:36,192 and that happily lifted limits on corporate freedom. 650 00:29:37,443 --> 00:29:40,446 Profits soared, but a price was paid, 651 00:29:40,571 --> 00:29:42,448 and not by corporations. 652 00:29:42,573 --> 00:29:44,825 [Marshall] What you get is this profound 653 00:29:44,950 --> 00:29:46,952 anti-government program 654 00:29:47,077 --> 00:29:49,914 to create deficits through the combination 655 00:29:50,039 --> 00:29:52,291 of tax cuts and military spending, 656 00:29:52,416 --> 00:29:55,002 so as to make it impossible 657 00:29:55,127 --> 00:29:57,546 to use government in a positive 658 00:29:57,671 --> 00:30:00,257 and constructive way to deal with our social problems. 659 00:30:00,382 --> 00:30:04,011 [foreboding chimes] 660 00:30:07,014 --> 00:30:08,557 Mr. President, 661 00:30:08,682 --> 00:30:11,852 on behalf of the business leaders here in the room, 662 00:30:11,977 --> 00:30:14,688 let me particularly congratulate you 663 00:30:14,814 --> 00:30:18,609 for the historic tax reform passed last month ... 664 00:30:19,777 --> 00:30:22,530 greatly reducing the tax burden... 665 00:30:23,405 --> 00:30:25,407 of US companies, 666 00:30:25,533 --> 00:30:28,452 providing a tremendous boost 667 00:30:28,577 --> 00:30:30,120 to the global economy. 668 00:30:30,246 --> 00:30:33,749 I cannot wait to sign these giant tax cuts. 669 00:30:33,874 --> 00:30:36,001 It'll be the largest tax cuts by far 670 00:30:36,126 --> 00:30:37,795 in the history of our country. 671 00:30:37,920 --> 00:30:40,381 JPMorgan Chase, they just announced earnings, 672 00:30:40,506 --> 00:30:41,590 and they were incredible. 673 00:30:41,715 --> 00:30:42,800 Where... where are you? 674 00:30:42,925 --> 00:30:44,718 They were very substantial. 675 00:30:44,844 --> 00:30:46,470 Will you say, "Thank you, Mr. President," 676 00:30:46,595 --> 00:30:49,056 - at least, huh? - "Thank you, Mr. President" 677 00:30:49,181 --> 00:30:51,100 may be in order, apparently, he believes 678 00:30:51,225 --> 00:30:55,145 he played a strong role in JPMorgan's blowout quarter. 679 00:30:55,271 --> 00:30:57,982 Best profit for any bank ever in history. 680 00:31:00,985 --> 00:31:02,862 [Tim Ryan] Corporate profits are the highest 681 00:31:02,987 --> 00:31:04,989 they've been in decades. 682 00:31:05,114 --> 00:31:06,699 Fast forward a few months: 683 00:31:06,824 --> 00:31:09,994 global pandemic, the rich keep getting richer, 684 00:31:10,119 --> 00:31:11,871 and our friends on the other side say, 685 00:31:11,996 --> 00:31:14,373 "What do we do now? Let's do a tax cut." 686 00:31:14,498 --> 00:31:16,876 Thirty-six million people unemployed. 687 00:31:17,001 --> 00:31:20,379 40% of families who have a worker 688 00:31:20,504 --> 00:31:22,715 that makes $40,000 a year or less 689 00:31:22,840 --> 00:31:24,675 lose their job last month. 690 00:31:24,800 --> 00:31:26,635 Four million people didn't pay their rent. 691 00:31:26,760 --> 00:31:28,762 And the Republican Party says 692 00:31:28,888 --> 00:31:30,764 we don't have any money to help you. 693 00:31:31,724 --> 00:31:32,933 Are you kidding me? 694 00:31:33,809 --> 00:31:35,144 Where do you guys live? 695 00:31:36,812 --> 00:31:38,439 [narrator] And while corporations lobby for 696 00:31:38,564 --> 00:31:40,357 and profit from tax cuts at home... 697 00:31:41,442 --> 00:31:44,069 they further avoid taxes by stashing profits abroad. 698 00:31:44,904 --> 00:31:47,740 [Sandra] The corporate elite is best positioned 699 00:31:47,865 --> 00:31:51,368 to use the system that we have to their advantage. 700 00:31:51,493 --> 00:31:54,747 And one manifestation of that is tax havens. 701 00:31:55,831 --> 00:31:57,833 [narrator] Every year, corporations squirrel away 702 00:31:57,958 --> 00:31:59,793 billions of dollars in tax havens. 703 00:32:00,711 --> 00:32:02,671 And when that's combined with tax cuts... 704 00:32:03,380 --> 00:32:04,757 guess what happens? 705 00:32:06,300 --> 00:32:08,761 Sixty of some of America's biggest companies 706 00:32:08,886 --> 00:32:12,056 reportedly paid no federal income tax for 2018, 707 00:32:12,181 --> 00:32:14,391 despite earning billions of dollars in profits. 708 00:32:14,516 --> 00:32:16,477 This is my first time at Davos. 709 00:32:16,602 --> 00:32:19,480 And uh... and I find it quite a bewildering experience, 710 00:32:19,605 --> 00:32:20,981 to be honest, I mean, 711 00:32:21,106 --> 00:32:23,651 1,500 private jets have flown in here 712 00:32:23,776 --> 00:32:25,736 to hear Sir David Attenborough speak 713 00:32:25,861 --> 00:32:27,863 about, you know, how we're wrecking the planet. 714 00:32:27,988 --> 00:32:29,448 And I mean, I hear people talking 715 00:32:29,573 --> 00:32:31,450 the language of participation, 716 00:32:31,575 --> 00:32:34,536 and justice, and equality, and transparency. 717 00:32:34,662 --> 00:32:36,121 But then, I mean, almost no one raises 718 00:32:36,246 --> 00:32:37,873 the real issue of tax avoidance, right, 719 00:32:37,998 --> 00:32:40,209 and of the rich just not paying their fair share. 720 00:32:40,334 --> 00:32:42,086 We got to be talking about taxes. 721 00:32:42,211 --> 00:32:43,879 That's it. Taxes, taxes, taxes. 722 00:32:44,004 --> 00:32:46,006 All the rest is bullshit, in my opinion. 723 00:32:46,131 --> 00:32:47,466 [woman] Thank you. 724 00:32:47,591 --> 00:32:49,468 Government used to have 725 00:32:49,593 --> 00:32:52,054 a lot of power to extract wealth 726 00:32:52,179 --> 00:32:53,514 in the form of taxes, 727 00:32:53,639 --> 00:32:55,432 and then be able to use that wealth 728 00:32:55,557 --> 00:32:58,102 for the betterment of the society as a whole. 729 00:32:58,227 --> 00:33:00,229 But what's happened now is that 730 00:33:00,354 --> 00:33:03,649 we have given more power to corporations 731 00:33:03,774 --> 00:33:05,567 to control their wealth and to take it 732 00:33:05,693 --> 00:33:07,486 out of the tax system. 733 00:33:07,611 --> 00:33:09,738 [Anand] So, what happens as a result of that? 734 00:33:09,863 --> 00:33:12,616 First of all, companies and rich people 735 00:33:12,741 --> 00:33:15,661 get a lot richer not paying those taxes 736 00:33:15,786 --> 00:33:17,162 you might have been paying. 737 00:33:17,287 --> 00:33:19,123 Second thing that happens is the government 738 00:33:19,248 --> 00:33:20,791 has less money. 739 00:33:20,916 --> 00:33:23,752 The government's capacity is sort of contracted. 740 00:33:23,877 --> 00:33:27,423 And then social problems start to grow, 741 00:33:27,548 --> 00:33:29,133 in part because the government has less money. 742 00:33:30,009 --> 00:33:31,510 Now, with that background... 743 00:33:33,220 --> 00:33:34,805 rich people step onto the scene 744 00:33:34,930 --> 00:33:38,058 and say, "Oh, my gosh, this is a shame. 745 00:33:38,976 --> 00:33:41,562 This situation we see here is a shame. 746 00:33:42,604 --> 00:33:44,231 We got all these social problems. 747 00:33:45,399 --> 00:33:47,401 And government, my gosh ... 748 00:33:48,193 --> 00:33:49,445 you know, the government should be 749 00:33:49,570 --> 00:33:50,612 solving this stuff, but it isn't. 750 00:33:51,280 --> 00:33:52,948 That is embarrassing. 751 00:33:53,073 --> 00:33:54,241 Well ... 752 00:33:54,366 --> 00:33:55,617 I'm happy to solve these problems. 753 00:33:55,743 --> 00:33:56,869 But of course, when we do solve it, 754 00:33:56,994 --> 00:33:58,245 we're going to do it my way. 755 00:33:58,370 --> 00:34:00,164 We're going to privatize the solution." 756 00:34:04,001 --> 00:34:06,587 [Angelo] The privatizer's blueprint. 757 00:34:07,296 --> 00:34:09,882 Often also called, "starve the beast". 758 00:34:10,674 --> 00:34:12,593 You create a crisis of confidence. 759 00:34:12,718 --> 00:34:14,386 How much money do we need to be investing 760 00:34:14,511 --> 00:34:17,056 right now in the United States in water infrastructure? 761 00:34:17,181 --> 00:34:20,601 [Susan] By 2020, 44% of all water infrastructure 762 00:34:20,726 --> 00:34:23,353 in the United States will be classified as poor, 763 00:34:23,479 --> 00:34:25,564 very poor, or beyond live. 764 00:34:25,689 --> 00:34:28,567 [Angelo] You deny resources for quality public services. 765 00:34:28,692 --> 00:34:30,360 [Susan] In the 1970s, there were 766 00:34:30,486 --> 00:34:33,113 a lot of pools of free federal money. 767 00:34:33,238 --> 00:34:36,075 That has really, no pun, dried up. 768 00:34:36,200 --> 00:34:39,536 [Angelo] And Io and behold, the answer is privatization. 769 00:34:39,661 --> 00:34:42,331 [Susan] What we believe is that private industry 770 00:34:42,456 --> 00:34:44,750 is part of the answer, which is very 771 00:34:44,875 --> 00:34:46,668 consistent with what the President's plan is. 772 00:34:47,753 --> 00:34:49,505 [narrator] American Water Works 773 00:34:49,630 --> 00:34:51,673 is one of the world's largest water corporations. 774 00:34:52,674 --> 00:34:54,093 It takes over public water systems 775 00:34:54,218 --> 00:34:56,178 and runs them for profit. 776 00:34:57,012 --> 00:34:58,347 And around the world, 777 00:34:58,472 --> 00:34:59,598 there are many other companies 778 00:34:59,723 --> 00:35:01,642 doing the same thing. 779 00:35:02,476 --> 00:35:04,478 [Grand Chief Stewart] It's an absolutely terrifying notion, 780 00:35:04,603 --> 00:35:06,146 privatization of water ... 781 00:35:07,106 --> 00:35:10,067 moving in exactly the wrong direction. 782 00:35:10,192 --> 00:35:12,361 Access to potable... 783 00:35:13,153 --> 00:35:16,573 clean, drinking water is a fundamental human right. 784 00:35:17,241 --> 00:35:18,909 But it's just insidious... 785 00:35:20,077 --> 00:35:23,163 that the corporate mind could even conceive 786 00:35:23,288 --> 00:35:26,375 or imagine the notion of privatizing it. 787 00:35:31,004 --> 00:35:32,756 Corporations have figured out that there are 788 00:35:32,881 --> 00:35:34,383 really big business opportunities 789 00:35:34,508 --> 00:35:36,135 in these public sectors, 790 00:35:36,260 --> 00:35:38,345 in part because they've been walled off 791 00:35:38,470 --> 00:35:40,806 from corporate influence in the past. 792 00:35:44,893 --> 00:35:47,646 The private sector is voracious 793 00:35:47,771 --> 00:35:50,399 in seeking to privatize almost everything. 794 00:35:53,652 --> 00:35:55,946 First, privatize government services 795 00:35:56,071 --> 00:35:57,489 as much as possible. 796 00:35:57,614 --> 00:35:59,825 And also, the seizure 797 00:35:59,950 --> 00:36:02,870 and the commodification of the public commons: 798 00:36:02,995 --> 00:36:05,998 your parks, your public schools, 799 00:36:06,123 --> 00:36:07,791 your streets. 800 00:36:07,916 --> 00:36:10,919 How can we get more money out of the public commons? 801 00:36:12,087 --> 00:36:13,672 [Diane Ravitch] The for-profit motivation 802 00:36:13,797 --> 00:36:15,757 is always a very bad reason 803 00:36:15,883 --> 00:36:17,342 for providing public services. 804 00:36:18,135 --> 00:36:19,803 There's a conflict of interest between 805 00:36:19,928 --> 00:36:21,805 whether you're going to pay off the shareholders 806 00:36:21,930 --> 00:36:24,224 or whether you're going to invest in the public system. 807 00:36:25,225 --> 00:36:28,979 Many responsibilities and obligations must be public 808 00:36:29,104 --> 00:36:31,773 in order to maintain equal access 809 00:36:31,899 --> 00:36:33,859 to the basic necessities of life. 810 00:36:33,984 --> 00:36:35,986 A healthy, democratic society 811 00:36:36,111 --> 00:36:38,071 has a thriving private sector 812 00:36:38,197 --> 00:36:40,824 and also a thriving public sector. 813 00:36:41,491 --> 00:36:45,162 And as we permit the private sector to encroach upon, 814 00:36:45,287 --> 00:36:49,082 and to literally absorb the responsibilities 815 00:36:49,208 --> 00:36:51,668 and obligations of a democratic society, 816 00:36:51,793 --> 00:36:53,420 we lose our democracy. 817 00:36:55,589 --> 00:36:57,925 [narrator] In the rise of big tech corporations, 818 00:36:58,050 --> 00:37:00,844 it's now accelerating this process. 819 00:37:00,969 --> 00:37:02,679 For example, in schools. 820 00:37:04,848 --> 00:37:07,768 Not only in Africa, but elsewhere too. 821 00:37:09,770 --> 00:37:11,521 [Diane Ravitch] Corporations have decided 822 00:37:11,647 --> 00:37:13,732 that they should remake education 823 00:37:13,857 --> 00:37:15,442 by using technology. 824 00:37:16,526 --> 00:37:19,571 And they want to have teacher-less classrooms. 825 00:37:20,656 --> 00:37:23,200 But the teacher is the single most important 826 00:37:23,325 --> 00:37:25,869 and expensive part of education. 827 00:37:25,994 --> 00:37:27,955 In the tech industry's dream, 828 00:37:28,080 --> 00:37:31,166 if the teacher is removed from the equation, 829 00:37:31,291 --> 00:37:33,669 then you can cut costs dramatically. 830 00:37:37,214 --> 00:37:39,424 [Paul] These companies monopolize everything. 831 00:37:40,342 --> 00:37:42,427 First of all, monopolize their sector, 832 00:37:42,552 --> 00:37:45,055 and the next thing is to look where's left. 833 00:37:47,057 --> 00:37:49,977 These giant corporations are frantically searching 834 00:37:50,102 --> 00:37:52,896 for new sources of profit because it's drying up. 835 00:37:53,772 --> 00:37:56,233 They say we need to take the education system, 836 00:37:56,358 --> 00:37:58,652 take the health care system, take the transport system, 837 00:37:58,777 --> 00:38:01,363 and own it, or we die. 838 00:38:04,533 --> 00:38:08,203 [Anand] Silicon Valley is the new Rome of our time. 839 00:38:08,328 --> 00:38:10,831 The Valley has become 840 00:38:10,956 --> 00:38:13,959 this extraordinary power center 841 00:38:14,084 --> 00:38:15,836 that has a huge say 842 00:38:15,961 --> 00:38:20,465 over what kind of media and information we have 843 00:38:20,590 --> 00:38:23,885 in a democracy... over, you know, 844 00:38:24,011 --> 00:38:25,971 frankly, how many of our biggest problems are solved, 845 00:38:26,096 --> 00:38:27,681 over how election campaigns are run, 846 00:38:27,806 --> 00:38:29,182 etcetera, etcetera, etcetera. 847 00:38:29,308 --> 00:38:30,851 Technology's neutral. 848 00:38:30,976 --> 00:38:32,978 And in many ways it's great. 849 00:38:33,103 --> 00:38:35,647 But there's a difference between a technology 850 00:38:35,772 --> 00:38:38,734 and allowing a few powerful players to manipulate it 851 00:38:38,859 --> 00:38:40,277 for their own ends. 852 00:38:40,402 --> 00:38:42,779 So, we've gone from this wide open world 853 00:38:42,904 --> 00:38:44,865 that opened up all of these possibilities 854 00:38:44,990 --> 00:38:47,242 for people to create things, to share information, 855 00:38:47,367 --> 00:38:48,910 to share ideas, 856 00:38:49,036 --> 00:38:51,455 and it has collapsed into these walled gardens 857 00:38:51,580 --> 00:38:54,207 that are controlled by a few, very powerful players. 858 00:38:55,876 --> 00:38:58,003 We're seeing Amazon, for example, 859 00:38:58,128 --> 00:39:00,714 gobbling up every kind of business in sight. 860 00:39:00,839 --> 00:39:02,632 They're interested in getting into pharmaceuticals, 861 00:39:02,758 --> 00:39:05,010 and they're making a big move into food. 862 00:39:05,135 --> 00:39:06,970 They capture about half of everything 863 00:39:07,095 --> 00:39:08,847 that Americans spend online, 864 00:39:08,972 --> 00:39:11,141 and they're growing into all these different directions. 865 00:39:11,266 --> 00:39:14,770 They control 35% of the world's cloud computing capacity. 866 00:39:14,895 --> 00:39:17,647 They're building out shipping and logistics infrastructure 867 00:39:17,773 --> 00:39:21,693 that is scaled to take on the Postal Service and UPS. 868 00:39:21,818 --> 00:39:24,363 And increasingly, they are the intermediary 869 00:39:24,488 --> 00:39:26,114 for all of our smart devices. 870 00:39:26,239 --> 00:39:29,868 Alexa, their voice system, is 70% of the market. 871 00:39:30,952 --> 00:39:32,621 And on it goes. 872 00:39:32,746 --> 00:39:34,915 They're making investments in finance, in health care, 873 00:39:35,040 --> 00:39:37,209 hit movies and television shows. 874 00:39:38,001 --> 00:39:41,338 Amazon is increasingly setting the rules 875 00:39:41,463 --> 00:39:43,548 for what happens in its marketplace 876 00:39:43,673 --> 00:39:45,884 and pretending like that's a real market. 877 00:39:46,009 --> 00:39:47,511 But of course, it's not. 878 00:39:47,636 --> 00:39:49,763 You know, that's a direct threat to democracy, 879 00:39:49,888 --> 00:39:51,932 a very fundamental threat to democracy. 880 00:39:55,018 --> 00:39:56,770 [narrator] Though elected by no one, 881 00:39:56,895 --> 00:39:58,522 corporations are now 882 00:39:58,647 --> 00:40:00,107 starting to be treated like governments. 883 00:40:00,232 --> 00:40:01,817 We're joined now live 884 00:40:01,942 --> 00:40:04,152 by the world's first ever tech ambassador. 885 00:40:04,277 --> 00:40:06,029 Can I start simply by asking you 886 00:40:06,154 --> 00:40:08,073 what exactly does a tech ambassador do? 887 00:40:08,198 --> 00:40:11,034 Well, we're basically trying to treat the technology 888 00:40:11,159 --> 00:40:13,078 and the tech companies in a way which is similar 889 00:40:13,203 --> 00:40:15,622 to the way we treat our bilateral relationship 890 00:40:15,747 --> 00:40:17,290 with countries all over the world. 891 00:40:17,416 --> 00:40:19,334 The value of their stocks is more or less the same 892 00:40:19,459 --> 00:40:20,961 as the GDP of France, 893 00:40:21,086 --> 00:40:22,838 and we think that that is being translated 894 00:40:22,963 --> 00:40:25,257 into influence over political affairs. 895 00:40:26,133 --> 00:40:28,218 We think it is necessary to treat them in a way 896 00:40:28,343 --> 00:40:30,804 which is similar to the way we treat other countries. 897 00:40:31,930 --> 00:40:34,391 [Anand] A lot of folks in the Valley believe 898 00:40:34,516 --> 00:40:35,976 that the companies they are building 899 00:40:36,101 --> 00:40:39,646 are kind of replacements of government. 900 00:40:39,771 --> 00:40:42,607 I think if we don't push back 901 00:40:42,732 --> 00:40:45,735 against the kind of agenda 902 00:40:45,861 --> 00:40:47,112 that these companies have, 903 00:40:47,237 --> 00:40:48,655 we're going to live in a world 904 00:40:48,780 --> 00:40:51,491 in which they are governing us privately 905 00:40:51,616 --> 00:40:52,784 through the profit motive. 906 00:40:52,909 --> 00:40:54,286 But governing us. 907 00:40:54,411 --> 00:41:00,417 ? 908 00:41:00,542 --> 00:41:03,086 The deal that the corporations want from us 909 00:41:03,211 --> 00:41:04,880 is to hand everything to them, 910 00:41:05,005 --> 00:41:06,298 all the value to them ... 911 00:41:07,132 --> 00:41:08,758 and we get a little bit of utility, 912 00:41:08,884 --> 00:41:09,968 we get usefulness, 913 00:41:10,093 --> 00:41:11,470 it becomes easier to study, 914 00:41:11,595 --> 00:41:13,221 or easier to get to work, 915 00:41:13,346 --> 00:41:15,682 or easier to take a health test. 916 00:41:16,641 --> 00:41:18,351 That is a dangerous deal 917 00:41:18,477 --> 00:41:20,520 because nobody can guarantee 918 00:41:20,645 --> 00:41:23,398 what is going to be done with the information. 919 00:41:23,523 --> 00:41:26,109 We're handling our data with no checks, 920 00:41:26,234 --> 00:41:27,903 no balances, no control over it. 921 00:41:28,028 --> 00:41:29,696 I think that's going to be 922 00:41:29,821 --> 00:41:33,200 one of the new challenges of life in the 21st century. 923 00:41:33,325 --> 00:41:34,618 I'm going to call them 924 00:41:34,743 --> 00:41:38,079 the super social media corporations, 925 00:41:38,205 --> 00:41:41,791 the entities that really run our lives right now. 926 00:41:42,959 --> 00:41:46,880 The scope of their reach cannot be underestimated. 927 00:41:47,756 --> 00:41:49,883 They know everything about us. 928 00:41:50,592 --> 00:41:52,886 Every single aspect of what we do, 929 00:41:53,011 --> 00:41:56,139 who we do it with, where we do it, what we buy, 930 00:41:56,264 --> 00:41:59,059 is a goldmine for aggregators. 931 00:42:00,060 --> 00:42:01,978 It lets them mold 932 00:42:02,103 --> 00:42:05,023 their policies and their products, 933 00:42:05,148 --> 00:42:09,819 predicting how you are going to live the rest of your life. 934 00:42:09,945 --> 00:42:13,281 They're trying to influence the decisions that you make 935 00:42:13,406 --> 00:42:16,034 from now to when you die, 936 00:42:16,159 --> 00:42:18,703 so that it will best serve, 937 00:42:18,828 --> 00:42:21,498 ultimately, the corporate bottom line. 938 00:42:21,623 --> 00:42:24,960 [upbeat synthesizer music] 939 00:42:35,428 --> 00:42:37,305 [Sun-Ha] Technology provides us 940 00:42:37,430 --> 00:42:40,392 such a seductive fantasy. 941 00:42:42,060 --> 00:42:44,396 Our smartphones, our data driven systems, 942 00:42:44,521 --> 00:42:46,481 our social media platforms, 943 00:42:46,606 --> 00:42:48,692 they are all designed to conceal 944 00:42:48,817 --> 00:42:51,027 the true cost of these technologies 945 00:42:51,152 --> 00:42:52,696 to our society as a whole. 946 00:42:54,447 --> 00:42:57,659 Privacy is usually the value 947 00:42:57,784 --> 00:43:00,036 that we use to think through these issues. 948 00:43:00,161 --> 00:43:01,871 But for me, it's not about privacy. 949 00:43:01,997 --> 00:43:03,456 It's about control. 950 00:43:03,582 --> 00:43:05,792 The drive to make data profitable 951 00:43:05,917 --> 00:43:08,628 leaves these companies to say who we are 952 00:43:08,753 --> 00:43:10,880 and define who we are to other people. 953 00:43:11,006 --> 00:43:13,925 Let me use a real-life example of a hiring algorithm. 954 00:43:14,050 --> 00:43:15,719 You'll do an interview, 955 00:43:15,844 --> 00:43:18,263 they'll analyze your video footage, and they'll say, 956 00:43:18,388 --> 00:43:19,723 "You challenged the status quo. 957 00:43:19,848 --> 00:43:21,933 You are a change agent. 958 00:43:22,767 --> 00:43:24,269 Don't hire this person 959 00:43:24,394 --> 00:43:25,562 because they are more likely 960 00:43:25,687 --> 00:43:26,938 to cause trouble at work." 961 00:43:28,064 --> 00:43:29,608 As far as the algorithm is concerned, 962 00:43:29,733 --> 00:43:31,151 you are not a human being. 963 00:43:31,276 --> 00:43:33,236 You are just a collection of data points. 964 00:43:33,945 --> 00:43:37,616 And this is one of the dangers that we face today, 965 00:43:37,741 --> 00:43:40,118 because we are now saying 966 00:43:40,243 --> 00:43:43,038 we need to stop using human reason 967 00:43:43,163 --> 00:43:45,081 and we need to rely more 968 00:43:45,206 --> 00:43:48,168 on these kinds of algorithmic decision making systems. 969 00:43:50,420 --> 00:43:53,381 [eerie buzzing] 970 00:43:53,506 --> 00:43:57,177 We are increasingly surrendering our capacity 971 00:43:57,302 --> 00:43:59,387 to rely on human experience 972 00:43:59,512 --> 00:44:02,140 and to trust in each other. 973 00:44:03,516 --> 00:44:07,020 So, the question that these technologies 974 00:44:07,145 --> 00:44:09,230 are really raising for us 975 00:44:09,356 --> 00:44:12,651 is, what does it mean to be human? 976 00:44:12,776 --> 00:44:15,403 And this kind of technology of strangers 977 00:44:15,528 --> 00:44:19,115 is one of the ways in which we are moving away 978 00:44:19,240 --> 00:44:22,118 from the genuine heritage of the Enlightenment. 979 00:44:22,243 --> 00:44:27,248 ? 980 00:44:31,169 --> 00:44:34,089 [Chris] We're taught that it is all about me. 981 00:44:35,548 --> 00:44:38,176 Narcissism, the cult of the self, 982 00:44:38,301 --> 00:44:39,928 the idea that consumption 983 00:44:40,053 --> 00:44:42,931 can somehow help us overcome our alienation, 984 00:44:44,099 --> 00:44:46,685 make us... important. 985 00:44:46,810 --> 00:44:48,478 [woman] I thought, you know, what better way 986 00:44:48,603 --> 00:44:50,480 to cure the darkness than to go shopping? 987 00:44:50,605 --> 00:44:52,857 You know, help stimulate the economy. 988 00:44:52,982 --> 00:44:55,276 These were all ... 989 00:44:56,444 --> 00:44:58,113 I hesitate the word values, 990 00:44:58,238 --> 00:45:02,033 but these were all consciously instilled in the public. 991 00:45:04,577 --> 00:45:08,623 It upends traditional values of thrift... 992 00:45:10,625 --> 00:45:13,962 self-effacement, communitarianism, 993 00:45:14,087 --> 00:45:17,298 and replaces them with the values 994 00:45:17,424 --> 00:45:19,092 that we now define as American values, 995 00:45:19,217 --> 00:45:22,387 but which should properly be called corporate values. 996 00:45:22,512 --> 00:45:25,807 [eerie synthesizer music] 997 00:45:33,481 --> 00:45:35,692 [Michael] In recent years, we've drifted, 998 00:45:35,817 --> 00:45:37,902 almost without realizing it, 999 00:45:38,027 --> 00:45:40,113 from having a market economy 1000 00:45:40,238 --> 00:45:43,074 to becoming a market society. 1001 00:45:44,534 --> 00:45:45,952 The difference is this. 1002 00:45:46,077 --> 00:45:47,954 A market economy is a tool, 1003 00:45:48,079 --> 00:45:49,664 a valuable and effective tool 1004 00:45:49,789 --> 00:45:52,125 for organizing productive activity. 1005 00:45:52,250 --> 00:45:54,294 But a market society is a place 1006 00:45:54,419 --> 00:45:57,255 where almost everything is up for sale. 1007 00:45:59,549 --> 00:46:02,677 We are so steeped in this commodification 1008 00:46:03,344 --> 00:46:05,138 that it's hard to distinguish 1009 00:46:05,263 --> 00:46:08,725 between being a consumer and being a citizen. 1010 00:46:09,559 --> 00:46:11,895 I'm not a much of a believer in political citizenship. 1011 00:46:12,020 --> 00:46:13,521 I actually believe much more 1012 00:46:13,646 --> 00:46:15,064 in the power of the marketplace. 1013 00:46:15,190 --> 00:46:16,983 [narrator] This is Richard Edelman, 1014 00:46:17,108 --> 00:46:19,652 one of the world's most influential business gurus. 1015 00:46:19,778 --> 00:46:22,363 [Richard] I think companies actually have filled a void 1016 00:46:22,489 --> 00:46:23,823 left by government. 1017 00:46:23,948 --> 00:46:25,533 Business is at the top rank. 1018 00:46:26,201 --> 00:46:28,953 Government and media really are at the back end 1019 00:46:29,078 --> 00:46:30,205 of the trust rank. 1020 00:46:31,206 --> 00:46:32,791 These are big changes 1021 00:46:32,916 --> 00:46:35,752 in reliability of business 1022 00:46:35,877 --> 00:46:38,463 as potential good actor. 1023 00:46:39,297 --> 00:46:41,257 It's a brilliant strategy. 1024 00:46:41,382 --> 00:46:45,261 They're going to present themselves as good actors, 1025 00:46:45,386 --> 00:46:47,222 and use that as part of their image 1026 00:46:47,347 --> 00:46:48,890 and as part of their branding. 1027 00:46:50,934 --> 00:46:54,187 When we see a big corporation doing something, 1028 00:46:54,312 --> 00:46:56,022 it creates a sense of hope ... 1029 00:46:56,981 --> 00:46:59,609 that maybe we can solve the climate crisis... 1030 00:47:00,610 --> 00:47:04,614 or inequality, or other kinds of problems. 1031 00:47:05,657 --> 00:47:08,660 We maybe even think of their huge power as being a plus 1032 00:47:08,785 --> 00:47:10,787 because we know that the scale 1033 00:47:10,912 --> 00:47:12,497 of these challenges are so big, 1034 00:47:12,622 --> 00:47:15,291 and we feel so powerless and frustrated 1035 00:47:15,416 --> 00:47:17,377 about the ability of our government systems 1036 00:47:17,502 --> 00:47:19,212 to actually solve them, 1037 00:47:19,337 --> 00:47:22,549 that we start to sort of put our faith in corporations. 1038 00:47:22,674 --> 00:47:24,717 But of course, in the process of doing that, 1039 00:47:24,843 --> 00:47:26,719 we're going further down the path 1040 00:47:26,845 --> 00:47:28,221 that led us here. 1041 00:47:32,851 --> 00:47:34,477 I grew up in the 1950s, 1042 00:47:34,602 --> 00:47:37,272 and at that time there was a sense 1043 00:47:37,397 --> 00:47:39,732 that our society would continually progress 1044 00:47:39,858 --> 00:47:43,570 towards greater equality, greater opportunity, 1045 00:47:43,695 --> 00:47:45,530 that there would continue to be social mobility 1046 00:47:45,655 --> 00:47:46,948 for those at the bottom. 1047 00:47:48,199 --> 00:47:51,786 The average pay for a CEO in the 1950s 1048 00:47:51,911 --> 00:47:54,539 was 20 times that of the average worker. 1049 00:47:54,664 --> 00:47:56,791 Today, the average pay of a CEO 1050 00:47:56,916 --> 00:47:59,961 is 270 times that of the average worker. 1051 00:48:01,045 --> 00:48:03,381 [Narrator] In some cases, that gap is much greater. 1052 00:48:03,506 --> 00:48:07,343 For example, Jamie Dimon makes more than 1,000 times 1053 00:48:07,468 --> 00:48:10,430 the salary of one of his lowest paid employees. 1054 00:48:10,555 --> 00:48:13,016 [Katie] Mr. Dimon, you're an expert on financial statements, 1055 00:48:13,141 --> 00:48:15,643 and you run a $2.6 trillion bank. 1056 00:48:16,561 --> 00:48:18,521 I went to Monster.com and I found a job 1057 00:48:18,646 --> 00:48:21,566 in my hometown of Irvine at JPMorgan Chase 1058 00:48:21,691 --> 00:48:23,526 that pays $16.50 an hour. 1059 00:48:23,651 --> 00:48:25,987 [narrator] This is U.S. Congresswoman Katie Porter 1060 00:48:26,112 --> 00:48:29,282 providing an example of a hypothetical employee, 1061 00:48:29,407 --> 00:48:31,242 a single mother working as a teller, 1062 00:48:31,367 --> 00:48:33,161 at one of Jamie Dimon's banks. 1063 00:48:33,286 --> 00:48:34,829 She rents a one bedroom apartment. 1064 00:48:34,954 --> 00:48:36,289 She and her daughter sleep together 1065 00:48:36,414 --> 00:48:37,874 in the same room in Irvine, California. 1066 00:48:37,999 --> 00:48:39,167 That average one bedroom apartment 1067 00:48:39,292 --> 00:48:40,752 is going to be $1,600. 1068 00:48:40,877 --> 00:48:42,337 She spends $100... 1069 00:48:42,462 --> 00:48:44,047 [narrator] Congresswoman Porter itemized 1070 00:48:44,172 --> 00:48:46,174 typical monthly expenses 1071 00:48:46,299 --> 00:48:49,302 and showed they greatly exceed the employee's salary. 1072 00:48:49,427 --> 00:48:51,012 My question for you, Mr. Dimon, 1073 00:48:51,137 --> 00:48:54,015 is how should she manage this budget shortfall 1074 00:48:54,140 --> 00:48:56,225 while she's working full time at your bank? 1075 00:49:00,188 --> 00:49:01,230 I ... 1076 00:49:02,231 --> 00:49:04,359 I don't know that all your numbers are accurate. 1077 00:49:04,484 --> 00:49:06,778 That number is a start... is generally a starter job. 1078 00:49:06,903 --> 00:49:08,696 [Katie] She is a starting employee. 1079 00:49:08,821 --> 00:49:10,365 She has a six-year-old child. This is her first job. 1080 00:49:10,490 --> 00:49:12,283 You can get those jobs out of high school, 1081 00:49:12,408 --> 00:49:14,077 and she may have my job one day. 1082 00:49:15,745 --> 00:49:17,205 [narrator] But the widening gap 1083 00:49:17,330 --> 00:49:19,499 between CEOs and their employees 1084 00:49:19,624 --> 00:49:21,167 is just one symptom 1085 00:49:21,292 --> 00:49:23,586 of rising inequality more generally. 1086 00:49:23,711 --> 00:49:25,421 Right now in the United States, 1087 00:49:25,546 --> 00:49:27,924 the richest country on the planet, 1088 00:49:28,049 --> 00:49:30,134 half of American families 1089 00:49:30,259 --> 00:49:32,387 couldn't pay a $400 bill 1090 00:49:32,512 --> 00:49:34,138 that landed on their doorstep 1091 00:49:34,263 --> 00:49:37,183 without going into debt or selling something. 1092 00:49:37,308 --> 00:49:39,352 That's because corporate executives 1093 00:49:39,477 --> 00:49:41,270 and corporate lobbyists 1094 00:49:41,396 --> 00:49:44,440 are constantly able to change the rules of the game 1095 00:49:44,565 --> 00:49:46,067 in the favor of the people 1096 00:49:46,192 --> 00:49:47,610 who are already wealthy and powerful, 1097 00:49:48,653 --> 00:49:51,280 making it harder to form a union, 1098 00:49:51,406 --> 00:49:54,450 making it easier for mega corporations 1099 00:49:54,575 --> 00:49:57,412 to shut out competition from smaller businesses, 1100 00:49:58,371 --> 00:50:02,041 slashing the taxes on wealthy people and corporations, 1101 00:50:02,166 --> 00:50:04,252 and shifting more of the responsibility 1102 00:50:04,377 --> 00:50:05,962 on working class people. 1103 00:50:07,296 --> 00:50:10,008 [Marshall] The result is economic inequality. 1104 00:50:11,175 --> 00:50:13,636 It's a real moral outrage, 1105 00:50:13,761 --> 00:50:15,179 and it can't be dealt 1106 00:50:15,304 --> 00:50:17,890 with separate from race and gender. 1107 00:50:18,016 --> 00:50:20,935 We can't really deal with these inequalities separately 1108 00:50:21,060 --> 00:50:23,396 because they're all so interwoven. 1109 00:50:23,521 --> 00:50:24,856 The black and brown people 1110 00:50:24,981 --> 00:50:26,524 who are impacted by police brutality, 1111 00:50:26,649 --> 00:50:28,026 women who are impacted 1112 00:50:28,151 --> 00:50:30,153 by sexual harassment in the workplace, 1113 00:50:30,278 --> 00:50:32,697 the enormous numbers of workers 1114 00:50:32,822 --> 00:50:35,616 who are struggling with poverty and homelessness, 1115 00:50:35,742 --> 00:50:38,661 and all the degeneration that we see under capitalism 1116 00:50:38,786 --> 00:50:39,829 for no fault of theirs. 1117 00:50:40,830 --> 00:50:42,915 We're talking about a global economy 1118 00:50:43,041 --> 00:50:46,669 that, for all the wealth that was generated last year, 1119 00:50:46,794 --> 00:50:49,547 a trillion dollars of that new wealth 1120 00:50:49,672 --> 00:50:52,175 went to just 500 individuals. 1121 00:50:52,300 --> 00:50:54,343 - I know you have a lot of... - [Jamie] I'd love to call up 1122 00:50:54,469 --> 00:50:56,262 and have a conversation about her financial affairs 1123 00:50:56,387 --> 00:50:57,930 and see if we can be helpful. 1124 00:50:58,056 --> 00:50:59,682 [Katie] See if you can find a way for her 1125 00:50:59,807 --> 00:51:01,517 to live on less than the minimum 1126 00:51:01,642 --> 00:51:03,603 - that I've described? - [Jamie] Just be helpful. 1127 00:51:03,728 --> 00:51:06,773 [Anand] The 1% and.01% 1128 00:51:06,898 --> 00:51:09,734 is a group of folks who talk an extraordinary game, 1129 00:51:09,859 --> 00:51:11,861 and also act an extraordinary game 1130 00:51:11,986 --> 00:51:15,031 of trying to help out in an age of inequality, 1131 00:51:15,156 --> 00:51:19,202 and who are willing to do absolutely anything to help, 1132 00:51:19,327 --> 00:51:22,038 except stepping off the backs 1133 00:51:22,163 --> 00:51:24,874 of the working people of this country 1134 00:51:24,999 --> 00:51:28,002 who have been screwed and... and passed over 1135 00:51:28,127 --> 00:51:30,630 by four decades worth of change. 1136 00:51:31,422 --> 00:51:33,549 There's a great quote that was attributed 1137 00:51:33,674 --> 00:51:35,802 to Justice Brandeis that said, 1138 00:51:35,927 --> 00:51:38,262 "You can have democracy 1139 00:51:38,387 --> 00:51:40,473 or you can have large accumulations of wealth, 1140 00:51:40,598 --> 00:51:42,350 but you can't have both." 1141 00:51:42,475 --> 00:51:46,104 That wealth gives them a tremendous amount of power, 1142 00:51:46,229 --> 00:51:48,606 both in promoting our political leaders, 1143 00:51:48,731 --> 00:51:50,775 in promoting a legislative agenda 1144 00:51:50,900 --> 00:51:53,486 in every aspect of our society. 1145 00:51:58,658 --> 00:52:01,953 If I want to run a campaign that is entirely funded 1146 00:52:02,078 --> 00:52:04,413 by corporate, political action committees, 1147 00:52:04,539 --> 00:52:06,582 is tha... is there anything that legally prevents me 1148 00:52:06,707 --> 00:52:07,792 from doing that? 1149 00:52:07,917 --> 00:52:09,418 No. 1150 00:52:09,544 --> 00:52:11,129 So, now I'm elected, now I'm in. 1151 00:52:11,254 --> 00:52:13,422 I've got the power to draft, lobby, 1152 00:52:13,548 --> 00:52:15,091 and shape the laws 1153 00:52:15,216 --> 00:52:17,593 that govern the United States of America. 1154 00:52:17,718 --> 00:52:19,887 Are there any limits on the laws 1155 00:52:20,012 --> 00:52:22,557 that I can write or influence? 1156 00:52:22,682 --> 00:52:24,183 - There's no limit. - [Alexandria] So, there's none. 1157 00:52:24,308 --> 00:52:26,310 So, I can be totally funded by Big Pharma, 1158 00:52:26,435 --> 00:52:29,147 come in, write Big Pharma laws, and there's no limits to that 1159 00:52:29,272 --> 00:52:30,565 - whatsoever. - That's right. 1160 00:52:30,690 --> 00:52:32,316 Is there anything preventing me 1161 00:52:32,441 --> 00:52:33,985 from holding stocks, 1162 00:52:34,110 --> 00:52:36,279 say, in an oil or gas company, 1163 00:52:36,404 --> 00:52:40,700 and then writing laws to deregulate that industry, 1164 00:52:40,825 --> 00:52:44,328 and potentially cause the stock value to soar, 1165 00:52:44,453 --> 00:52:46,497 and accrue a lot of money in that time? 1166 00:52:46,622 --> 00:52:49,000 - You could do that, yes. - Okay, great. 1167 00:52:49,750 --> 00:52:51,627 I think we've seen the disappearance 1168 00:52:51,752 --> 00:52:53,296 of independent governments 1169 00:52:53,421 --> 00:52:55,006 with the rise of corporate rule. 1170 00:52:55,923 --> 00:52:57,466 We have seen more and more 1171 00:52:57,592 --> 00:52:59,719 takeover of government, 1172 00:52:59,844 --> 00:53:01,971 takeover of electoral processes. 1173 00:53:02,096 --> 00:53:04,724 The problem is a corporate system 1174 00:53:04,849 --> 00:53:06,225 and a political system 1175 00:53:06,350 --> 00:53:09,604 where governments see their main role 1176 00:53:09,729 --> 00:53:13,191 as facilitating private corporations 1177 00:53:13,316 --> 00:53:16,152 to basically do whatever the hell. 1178 00:53:16,819 --> 00:53:20,948 Nothing more starkly illustrates this 1179 00:53:21,073 --> 00:53:23,868 than our Federal Treasurer picking up a lump of coal 1180 00:53:23,993 --> 00:53:25,995 and carrying it around Parliament House. 1181 00:53:26,120 --> 00:53:28,206 Thank you, Mr. Speaker. This is coal. 1182 00:53:28,331 --> 00:53:30,416 Don't be afraid. Don't be scared. 1183 00:53:30,541 --> 00:53:33,127 [man] The Treasurer knows the rule on props. 1184 00:53:33,252 --> 00:53:34,545 It's coal! 1185 00:53:34,670 --> 00:53:36,339 Mr. Speaker, those opposite 1186 00:53:36,464 --> 00:53:40,509 have an ideological, pathological fear of coal. 1187 00:53:40,635 --> 00:53:44,722 Affordable energy is what Australian businesses need 1188 00:53:44,847 --> 00:53:46,641 to remain competitive. 1189 00:53:46,766 --> 00:53:48,226 [narrator] This is Scott Morrison. 1190 00:53:48,351 --> 00:53:49,936 He later became Prime Minister. 1191 00:53:51,479 --> 00:53:54,398 He heads a group of high-level politicians with deep ties 1192 00:53:54,523 --> 00:53:56,275 to major coal companies. 1193 00:53:56,984 --> 00:53:59,195 Take note of this one: Adani. 1194 00:53:59,320 --> 00:54:00,863 We'll return to it later. 1195 00:54:02,365 --> 00:54:03,950 What's happening in Australia 1196 00:54:04,075 --> 00:54:06,953 is just one part of a larger global story. 1197 00:54:07,078 --> 00:54:10,248 It's become accepted that corporations are in charge. 1198 00:54:12,208 --> 00:54:15,002 Governments are incredibly subservient 1199 00:54:15,127 --> 00:54:16,212 to corporate rule. 1200 00:54:18,965 --> 00:54:20,383 In the United States, 1201 00:54:20,508 --> 00:54:23,135 we've seen under the Trump administration, 1202 00:54:23,261 --> 00:54:26,013 the wholesale corporate takeover of government 1203 00:54:26,138 --> 00:54:28,182 on a scale with no historic precedent. 1204 00:54:29,183 --> 00:54:32,436 It's beyond the wildest dreams of the corporate sector, 1205 00:54:32,561 --> 00:54:34,897 especially in the area of deregulation. 1206 00:54:38,943 --> 00:54:41,237 I pledged to eliminate 1207 00:54:41,362 --> 00:54:43,823 two unnecessary regulations 1208 00:54:43,948 --> 00:54:46,534 for every one, new regulation. 1209 00:54:46,659 --> 00:54:48,869 We have succeeded beyond 1210 00:54:48,995 --> 00:54:50,997 our highest expectations. 1211 00:54:51,956 --> 00:54:54,500 Instead of two for one, 1212 00:54:54,625 --> 00:54:59,380 we have cut 22 burdensome regulations 1213 00:54:59,505 --> 00:55:02,842 for every one, new rule. 1214 00:55:03,509 --> 00:55:05,136 I'm willing to bet 1215 00:55:05,261 --> 00:55:07,596 that those are made up numbers. 1216 00:55:07,722 --> 00:55:10,641 The issue in regulation or deregulation 1217 00:55:10,766 --> 00:55:12,226 is not the number. 1218 00:55:12,351 --> 00:55:13,644 I mean, that's really absurd. 1219 00:55:13,769 --> 00:55:15,354 What you want to know, you know, 1220 00:55:15,479 --> 00:55:17,773 do you want to have another financial crisis? 1221 00:55:17,898 --> 00:55:19,442 Well, if you do, 1222 00:55:19,567 --> 00:55:21,777 let's get rid of the financial regulations. 1223 00:55:23,988 --> 00:55:26,741 [Robert] Corporations have said repeatedly, 1224 00:55:26,866 --> 00:55:28,242 "We are responsible now. 1225 00:55:28,367 --> 00:55:31,245 We understand the public interest. 1226 00:55:31,370 --> 00:55:32,538 So, we don't have to be regulated. 1227 00:55:32,663 --> 00:55:34,415 We can self-regulate." 1228 00:55:34,540 --> 00:55:36,083 Well, they've got an obvious self-interest in saying that. 1229 00:55:36,208 --> 00:55:37,752 The reason they can't self-regulate 1230 00:55:37,877 --> 00:55:39,462 is that that's not what they're about. 1231 00:55:39,587 --> 00:55:42,465 They're about trying to make profit. 1232 00:55:42,590 --> 00:55:45,634 Routinely, when government regulation fails, 1233 00:55:45,760 --> 00:55:48,220 companies in the pursuit of profit endanger people. 1234 00:55:48,346 --> 00:55:49,930 And it's not a hypothetical. 1235 00:55:50,056 --> 00:55:51,349 It means people get poisoned, 1236 00:55:51,474 --> 00:55:53,225 they get diseases, they get sick. 1237 00:55:53,351 --> 00:55:56,103 Corners will be cut, people will be injured, 1238 00:55:56,228 --> 00:55:57,605 and people will be killed. 1239 00:55:57,730 --> 00:55:59,982 We see it over and over again. 1240 00:56:00,107 --> 00:56:03,110 [determined electronic music] 1241 00:56:09,116 --> 00:56:11,994 [exhaling breath] 1242 00:56:12,119 --> 00:56:15,081 [music continues] 1243 00:56:15,206 --> 00:56:22,046 ? 1244 00:56:50,241 --> 00:56:53,369 [music fades] 1245 00:57:10,469 --> 00:57:13,305 [Abrahm] Every industry has fought regulation. 1246 00:57:13,431 --> 00:57:16,058 They all resist oversight by the government 1247 00:57:16,183 --> 00:57:18,686 because regulation increases their cost of operating. 1248 00:57:18,811 --> 00:57:21,230 But I've never seen an industry that's fought it more 1249 00:57:21,355 --> 00:57:23,357 than the oil and gas industry. 1250 00:57:23,482 --> 00:57:26,402 [rewind cranking] 1251 00:57:26,527 --> 00:57:28,612 [explosion rumbling] 1252 00:57:28,737 --> 00:57:30,156 [narrator] Remember this? 1253 00:57:31,615 --> 00:57:34,243 This, too, was a consequence of deregulation. 1254 00:57:34,368 --> 00:57:37,371 [foreboding orchestral instrumental] 1255 00:57:52,052 --> 00:57:55,222 As a result of the Deepwater Horizon catastrophe, 1256 00:57:55,347 --> 00:57:57,975 nearly 200 million gallons of crude oil 1257 00:57:58,100 --> 00:58:00,436 spilled into the Gulf of Mexico, 1258 00:58:00,561 --> 00:58:02,646 making it one of the worst environmental 1259 00:58:02,771 --> 00:58:05,232 and deregulation disasters in history. 1260 00:58:07,902 --> 00:58:10,738 But deregulation wasn't the only problem. 1261 00:58:10,863 --> 00:58:13,657 BP was also recklessly breaking the law. 1262 00:58:16,410 --> 00:58:19,121 And they're not alone in being corporate lawbreakers. 1263 00:58:25,044 --> 00:58:30,049 ? 1264 00:58:42,645 --> 00:58:44,980 Corporations will certainly do things 1265 00:58:45,105 --> 00:58:47,233 that are wrong, that are unethical, 1266 00:58:47,358 --> 00:58:49,443 if they're legal and permissible. 1267 00:58:50,236 --> 00:58:51,820 And all the empirical evidence says 1268 00:58:51,946 --> 00:58:54,448 that they will also violate the law routinely, 1269 00:58:54,573 --> 00:58:56,033 either intentionally 1270 00:58:56,158 --> 00:58:57,576 or because they'll just go over the lines 1271 00:58:57,701 --> 00:58:59,453 if there's profits to be made. 1272 00:59:01,038 --> 00:59:03,332 This opioid crisis is a killer. 1273 00:59:04,124 --> 00:59:07,878 And it's a killer that does not discriminate. 1274 00:59:08,003 --> 00:59:10,965 [foreboding electronic music] 1275 00:59:20,641 --> 00:59:22,726 [narrator] Lives are being destroyed 1276 00:59:22,851 --> 00:59:25,396 as corporations profit from their playbook moves... 1277 00:59:28,482 --> 00:59:29,692 as they play to win. 1278 00:59:31,902 --> 00:59:35,030 [Vandana] These corporate forces have no limits. 1279 00:59:35,155 --> 00:59:36,615 And these forces ... 1280 00:59:37,700 --> 00:59:42,204 have put the very human species itself at risk. 1281 00:59:42,329 --> 00:59:47,334 ? 1282 01:00:03,642 --> 01:00:06,312 [Vandana] The giant ecocidal corporations, 1283 01:00:06,437 --> 01:00:08,314 they're literally playing casino 1284 01:00:08,439 --> 01:00:09,648 with life on Earth. 1285 01:00:10,774 --> 01:00:12,484 Their logic of profits, 1286 01:00:12,610 --> 01:00:14,445 their process of profits, 1287 01:00:15,195 --> 01:00:17,031 is the death of nature. 1288 01:00:19,033 --> 01:00:20,868 [man] Whenever you mess with nature, 1289 01:00:20,993 --> 01:00:23,746 you don't know for sure what the exact impact will be. 1290 01:00:23,871 --> 01:00:25,998 We chop down forests, we bring livestock into new regions, 1291 01:00:26,123 --> 01:00:28,042 and we spread these new diseases. 1292 01:00:28,167 --> 01:00:29,835 We're at the source of this problem. 1293 01:00:29,960 --> 01:00:31,795 [man 2] Major cities all around the world 1294 01:00:31,920 --> 01:00:34,048 are vulnerable to a disease arriving in the city 1295 01:00:34,173 --> 01:00:35,883 and then causing a major epidemic. 1296 01:00:36,008 --> 01:00:37,676 And again, we're seeing that more and more. 1297 01:00:38,469 --> 01:00:40,804 [woman] The rate at which new disease 1298 01:00:40,929 --> 01:00:43,891 epidemics are originating... 1299 01:00:44,016 --> 01:00:46,810 many of them moving from forests 1300 01:00:46,935 --> 01:00:49,104 and wild species to humans, 1301 01:00:49,229 --> 01:00:53,150 is partly because of corporate invasions into ecosystems, 1302 01:00:53,275 --> 01:00:55,903 and violence to animals. 1303 01:00:56,028 --> 01:00:58,030 The attack on other species 1304 01:00:58,155 --> 01:01:00,741 is bouncing back as an attack on us. 1305 01:01:04,662 --> 01:01:07,831 [newscaster] All of Italy is now effectively a red zone. 1306 01:01:07,956 --> 01:01:09,917 [newscaster 2] Warnings from Sao Paolo are dire. 1307 01:01:10,042 --> 01:01:11,752 [newscaster 3] In the United States, 1308 01:01:11,877 --> 01:01:13,671 disaster has been declared in all 50 states. 1309 01:01:15,506 --> 01:01:16,965 [narrator] When the coronavirus hit 1310 01:01:17,091 --> 01:01:19,093 in the spring of 2020, 1311 01:01:19,218 --> 01:01:22,554 it laid bare the unjust and dangerous fault lines 1312 01:01:22,680 --> 01:01:24,056 of corporate capitalism. 1313 01:01:28,686 --> 01:01:30,270 [newscaster 4] African Americans 1314 01:01:30,396 --> 01:01:32,314 have been hit hardest by the virus. 1315 01:01:32,439 --> 01:01:36,026 Despite accounting for 14% of Michigan's population, 1316 01:01:36,151 --> 01:01:39,863 they represent 41% of its COVID victims. 1317 01:01:42,991 --> 01:01:44,868 I'm praying that it's not ... 1318 01:01:46,787 --> 01:01:49,164 I haven't been in contact with nobody that has it. 1319 01:01:50,499 --> 01:01:52,584 [woman] We got a hospital COVID, 52-year-old male, 1320 01:01:52,710 --> 01:01:54,420 10 minutes out [indistinct]. 1321 01:01:54,545 --> 01:01:57,089 [man] I'll be honest with you, I can barely keep track. 1322 01:02:02,553 --> 01:02:06,765 This is the culmination of decades of tilting policy, 1323 01:02:06,890 --> 01:02:08,308 tilting public resources, 1324 01:02:08,434 --> 01:02:10,644 in favor of the biggest corporations. 1325 01:02:12,563 --> 01:02:14,898 Fewer hospitals, fewer hospital beds, 1326 01:02:15,023 --> 01:02:18,152 less capacity to be able to respond 1327 01:02:18,277 --> 01:02:19,695 in an emergency like this. 1328 01:02:19,820 --> 01:02:22,698 [melancholy orchestral instrumental] 1329 01:02:30,748 --> 01:02:33,959 [sirens wailing] 1330 01:02:35,961 --> 01:02:39,047 Other systems are also breaking down right now. 1331 01:02:39,173 --> 01:02:42,593 Essential workers, people who are on the front lines 1332 01:02:42,718 --> 01:02:44,636 of getting our groceries to us, 1333 01:02:44,762 --> 01:02:46,555 are really putting their lives on the line 1334 01:02:46,680 --> 01:02:48,724 without any kind of real backing 1335 01:02:48,849 --> 01:02:50,267 from the companies that employ them. 1336 01:02:52,102 --> 01:02:54,146 This is partly the product of the absence 1337 01:02:54,271 --> 01:02:56,815 of labor protections, unions, and so on. 1338 01:02:59,568 --> 01:03:03,655 What we're seeing is a continuation of the ways 1339 01:03:03,781 --> 01:03:06,575 that corporations have undermined 1340 01:03:06,700 --> 01:03:08,118 ordinary people's ability 1341 01:03:08,243 --> 01:03:10,120 to have any say over their lives. 1342 01:03:10,788 --> 01:03:14,416 This is actually not a crisis full of novelties. 1343 01:03:14,541 --> 01:03:16,960 It's a crisis full of revelation. 1344 01:03:17,836 --> 01:03:20,214 For example, the same, exact dynamic 1345 01:03:20,339 --> 01:03:23,008 of the 2008 financial crisis bailout, 1346 01:03:23,133 --> 01:03:25,928 where the most powerful gained power 1347 01:03:26,053 --> 01:03:27,971 as a net result of those bailouts, 1348 01:03:28,096 --> 01:03:30,724 that is literally happening again, maybe worse. 1349 01:03:32,684 --> 01:03:35,020 [narrator] As ordinary people suffered the despair 1350 01:03:35,145 --> 01:03:37,356 and harsh effects of economic breakdown, 1351 01:03:37,481 --> 01:03:40,484 giant corporations were thrown a lifeline. 1352 01:03:40,609 --> 01:03:42,486 [McConnell] Madam President, I have an update. 1353 01:03:43,278 --> 01:03:45,531 At last, we have a deal. 1354 01:03:46,615 --> 01:03:49,159 [Alexandria] What did the Senate majority fight for? 1355 01:03:49,284 --> 01:03:50,911 One of the largest corporate bailouts 1356 01:03:51,036 --> 01:03:52,746 with as few strings as possible 1357 01:03:52,871 --> 01:03:54,790 in American history. 1358 01:03:54,915 --> 01:03:56,124 Shameful. 1359 01:03:56,250 --> 01:03:58,544 The greed of that fight 1360 01:03:58,669 --> 01:04:01,630 is wrong for crumbs for our families. 1361 01:04:01,755 --> 01:04:03,423 And the option that we have 1362 01:04:03,549 --> 01:04:06,468 is to either let them suffer with nothing, 1363 01:04:06,593 --> 01:04:10,013 or to allow this greed and billions of dollars, 1364 01:04:10,138 --> 01:04:12,140 which will be leveraged into trillions of dollars, 1365 01:04:12,266 --> 01:04:15,185 to contribute to the largest income inequality gap 1366 01:04:15,310 --> 01:04:16,478 in our future. 1367 01:04:17,896 --> 01:04:19,982 [Robert] Once again, the very wealthy, 1368 01:04:20,107 --> 01:04:22,734 big corporations did extraordinarily well 1369 01:04:22,860 --> 01:04:24,319 over the last year and a half. 1370 01:04:24,444 --> 01:04:26,196 They have spent over a trillion dollars 1371 01:04:26,321 --> 01:04:28,699 buying back their shares of stock 1372 01:04:28,824 --> 01:04:31,910 to artificially boost their share prices. 1373 01:04:32,035 --> 01:04:35,497 So that the top executives and major investors would benefit. 1374 01:04:35,622 --> 01:04:37,749 They could have used that trillion dollars 1375 01:04:37,875 --> 01:04:40,168 as a cushion against the big rainy day, 1376 01:04:40,294 --> 01:04:41,879 the storm that we now have. 1377 01:04:42,004 --> 01:04:44,965 They didn't. Instead, they got bailed out. 1378 01:04:45,090 --> 01:04:49,303 It's socialism for the rich, a corporate socialism, 1379 01:04:49,428 --> 01:04:52,764 but also the harshest form of capitalism 1380 01:04:52,890 --> 01:04:55,225 for most working people and the poor. 1381 01:04:57,311 --> 01:04:59,104 The crisis has highlighted 1382 01:04:59,229 --> 01:05:01,356 that we're absolutely unprepared 1383 01:05:01,481 --> 01:05:04,902 to deal with disasters like what we're facing right now. 1384 01:05:05,694 --> 01:05:08,780 And we also have this other even bigger looming crisis, 1385 01:05:08,906 --> 01:05:10,324 which is the climate catastrophe. 1386 01:05:11,074 --> 01:05:12,367 That's not going anywhere. 1387 01:05:18,624 --> 01:05:20,792 [Heather] It's no exaggeration 1388 01:05:20,918 --> 01:05:25,172 to say that the greed economy is killing us. 1389 01:05:26,089 --> 01:05:28,091 It's killing off species. 1390 01:05:28,216 --> 01:05:31,136 It's depleting our natural resources. 1391 01:05:32,220 --> 01:05:34,932 It's poisoning our people. 1392 01:05:36,099 --> 01:05:38,101 A handful of corporations 1393 01:05:38,226 --> 01:05:41,438 are allowed to put next quarter's profits 1394 01:05:41,563 --> 01:05:43,732 ahead of the next generation. 1395 01:05:45,192 --> 01:05:47,027 When our children and grandchildren 1396 01:05:47,152 --> 01:05:48,779 look back in the history books 1397 01:05:48,904 --> 01:05:50,322 and ask the question, 1398 01:05:50,447 --> 01:05:53,200 "Why didn't we stop 1399 01:05:53,325 --> 01:05:55,619 the crisis of climate change?" 1400 01:05:56,578 --> 01:05:58,664 The only answer we'll have for them 1401 01:05:58,789 --> 01:06:01,959 is that it was profitable for a handful of corporations 1402 01:06:02,084 --> 01:06:03,627 to keep polluting our planet. 1403 01:06:06,713 --> 01:06:08,298 [Abrahm] The changes that we fear 1404 01:06:08,423 --> 01:06:10,717 are coming faster than anybody thought. 1405 01:06:10,842 --> 01:06:13,762 The impacts from them are going to be far worse 1406 01:06:13,887 --> 01:06:14,930 than we thought. 1407 01:06:17,099 --> 01:06:20,435 It's also going to change the entire global dynamic 1408 01:06:20,560 --> 01:06:22,229 around equality. 1409 01:06:22,354 --> 01:06:24,398 The world is going to divide in ways 1410 01:06:24,523 --> 01:06:27,401 that we have a difficult time imagining now. 1411 01:06:27,526 --> 01:06:28,944 We're headed for a world 1412 01:06:29,069 --> 01:06:32,030 that sees a protected, privileged few 1413 01:06:32,155 --> 01:06:36,660 surrounded by an immensely impoverished majority 1414 01:06:36,785 --> 01:06:38,370 of the global population. 1415 01:06:39,997 --> 01:06:41,289 [narrator] With the impacts of climate change 1416 01:06:41,415 --> 01:06:43,291 now in plain view, 1417 01:06:43,417 --> 01:06:46,003 fossil fuel companies have stopped actively denying 1418 01:06:46,128 --> 01:06:47,379 that it's happening. 1419 01:06:48,630 --> 01:06:50,048 They have discovered 1420 01:06:50,173 --> 01:06:51,967 that a better strategy for them now, 1421 01:06:52,092 --> 01:06:54,636 in the age of active climate breakdown, 1422 01:06:54,761 --> 01:06:57,514 is to charm us all into believing 1423 01:06:57,639 --> 01:06:59,850 that they're part of the solution, 1424 01:06:59,975 --> 01:07:02,769 saying, "Okay, we're going to invest in renewables. 1425 01:07:02,894 --> 01:07:05,856 But meanwhile we have to keep using fossil fuels 1426 01:07:05,981 --> 01:07:07,524 for a long time, 1427 01:07:07,649 --> 01:07:10,485 so, we can use lighter fuels like natural gas. 1428 01:07:10,610 --> 01:07:12,362 But we have to be realistic." 1429 01:07:12,487 --> 01:07:14,239 It is impossible, 1430 01:07:14,364 --> 01:07:17,617 impossible to displace carbon fully 1431 01:07:17,743 --> 01:07:19,494 for a very long time. 1432 01:07:19,619 --> 01:07:23,331 Gas is a very good carbon fuel. 1433 01:07:24,791 --> 01:07:27,377 [Abrahm] You have to see this as one more arrow 1434 01:07:27,502 --> 01:07:29,963 in the large quiver of delay tactics, 1435 01:07:30,088 --> 01:07:31,965 and ways to preserve 1436 01:07:32,090 --> 01:07:33,592 what's really the core of their business, 1437 01:07:33,717 --> 01:07:36,803 not the core of the best interest of society. 1438 01:07:36,928 --> 01:07:39,056 We need to transition to the cleanest form 1439 01:07:39,181 --> 01:07:41,933 of carbon free energy as quickly as possible. 1440 01:07:42,059 --> 01:07:43,560 If we were to do this by tomorrow, 1441 01:07:43,685 --> 01:07:45,395 it wouldn't be fast enough. 1442 01:07:45,520 --> 01:07:46,813 I mean, we'd just be stupid 1443 01:07:46,938 --> 01:07:48,482 if we look to the coal 1444 01:07:48,607 --> 01:07:49,983 and gas and oil industry 1445 01:07:50,108 --> 01:07:51,526 for a clean energy future. 1446 01:07:51,651 --> 01:07:53,111 That's not what they do. 1447 01:07:53,236 --> 01:07:54,821 They have a business model. 1448 01:07:54,946 --> 01:07:56,698 They're going to pursue that business model 1449 01:07:56,823 --> 01:07:58,075 to the end of time. 1450 01:07:58,200 --> 01:07:59,534 And they may do that 1451 01:07:59,659 --> 01:08:01,286 if we're not able to control them. 1452 01:08:01,411 --> 01:08:03,163 The fossil fuel industry 1453 01:08:03,288 --> 01:08:06,583 actually doesn't plan to stop increasing production 1454 01:08:06,708 --> 01:08:09,419 and increasing extraction anytime soon. 1455 01:08:09,544 --> 01:08:11,296 In fact, they're doubling down on it. 1456 01:08:11,421 --> 01:08:13,673 Their goal is to extract 1457 01:08:13,799 --> 01:08:15,926 as much as possible 1458 01:08:16,051 --> 01:08:18,887 before it becomes just completely unviable 1459 01:08:19,012 --> 01:08:20,430 for them to do so. 1460 01:08:22,682 --> 01:08:24,142 [narrator] The fossil fuel industry 1461 01:08:24,267 --> 01:08:26,144 is ramping up new mega-projects. 1462 01:08:28,063 --> 01:08:30,357 Some companies are pursuing profits 1463 01:08:30,482 --> 01:08:32,109 from even the dirtiest fuels... 1464 01:08:33,276 --> 01:08:34,528 like Adani. 1465 01:08:35,862 --> 01:08:37,572 [man] Around 2011, 1466 01:08:37,697 --> 01:08:41,243 there were plans for nine new coal export ports 1467 01:08:41,368 --> 01:08:43,328 up and down the Great Barrier Reef coast. 1468 01:08:43,954 --> 01:08:46,248 Adani's proposed Carmichael mine 1469 01:08:46,373 --> 01:08:49,084 would be a 60 million ton a year, 1470 01:08:49,209 --> 01:08:52,003 thermal coal mine in the middle of the Galilee Basin. 1471 01:08:53,880 --> 01:08:55,924 [Murrawah] It's the largest new proposed coal project 1472 01:08:56,049 --> 01:08:57,968 in the world 1473 01:08:58,093 --> 01:09:01,721 to be 40 kilometers by 13 kilometers ... 1474 01:09:01,847 --> 01:09:06,184 entirely encompassed within Wangan and Jagalingou country. 1475 01:09:07,936 --> 01:09:10,981 [Sam] It is on the doorstep of the Great Barrier Reef, 1476 01:09:11,106 --> 01:09:14,985 an already very stressed and vulnerable ecosystem. 1477 01:09:15,110 --> 01:09:16,653 And what we're going to see 1478 01:09:16,778 --> 01:09:19,156 is 500 more coal ships every year 1479 01:09:19,281 --> 01:09:21,825 trudging through a stressed reef 1480 01:09:21,950 --> 01:09:23,743 that what scientists are telling us 1481 01:09:23,869 --> 01:09:25,537 is already half dead. 1482 01:09:25,662 --> 01:09:29,291 The Adani Carmichael mine would drive global warming. 1483 01:09:30,208 --> 01:09:33,670 It would destroy habitat for endangered species, 1484 01:09:33,795 --> 01:09:35,547 it would destroy groundwater, 1485 01:09:35,672 --> 01:09:38,592 and it would disenfranchise Wangan and Jagalingou, 1486 01:09:38,717 --> 01:09:40,051 the traditional owners of that country. 1487 01:09:40,969 --> 01:09:42,637 [Murrawah] Wangan and Jagalingou, 1488 01:09:42,762 --> 01:09:44,264 we're a problem for Adani. 1489 01:09:44,389 --> 01:09:46,474 So, they're going to do whatever they can 1490 01:09:46,600 --> 01:09:50,103 to try and get rid of that problem. 1491 01:09:52,397 --> 01:09:55,400 We know that the mechanisms of the state line up to work 1492 01:09:55,525 --> 01:09:57,986 for mining companies and corporations, 1493 01:09:58,111 --> 01:10:01,072 essentially to roll over Aboriginal people, 1494 01:10:01,198 --> 01:10:02,699 to get past us. 1495 01:10:07,287 --> 01:10:08,872 The government and the state 1496 01:10:08,997 --> 01:10:11,666 and the corporations devised ways saying, 1497 01:10:11,791 --> 01:10:13,960 "Oh, we want to put this mine in, we just want to do it. 1498 01:10:14,085 --> 01:10:15,545 We just want to put this pipeline in. 1499 01:10:15,670 --> 01:10:16,922 And oh, these people are in our way. 1500 01:10:17,047 --> 01:10:18,506 We need to remove them." 1501 01:10:18,632 --> 01:10:21,092 [chanting in Spanish] 1502 01:10:23,136 --> 01:10:25,096 They use our security, 1503 01:10:25,222 --> 01:10:27,224 they use our own Aboriginal police against us, 1504 01:10:27,349 --> 01:10:29,309 they use every means they can. 1505 01:10:30,685 --> 01:10:32,145 [Grand Chief Stewart] To Indigenous people, 1506 01:10:32,270 --> 01:10:34,481 it is clearly a life and death struggle. 1507 01:10:35,440 --> 01:10:38,401 That's what you're witnessing happening around the world. 1508 01:10:39,194 --> 01:10:42,072 There's this destructive corporate agenda 1509 01:10:42,197 --> 01:10:44,783 that is completely out of control. 1510 01:10:44,908 --> 01:10:48,328 [rapid gunfire] 1511 01:10:50,372 --> 01:10:53,375 [menacing electronic music] 1512 01:11:12,018 --> 01:11:14,646 When a society begins to understand 1513 01:11:14,771 --> 01:11:17,232 that that good job that they had, 1514 01:11:17,357 --> 01:11:18,858 or their parents had, is never coming back... 1515 01:11:20,110 --> 01:11:23,613 that they are going to be working 70 hours a week 1516 01:11:23,738 --> 01:11:26,866 and still be consumed by crippling debt peonage, 1517 01:11:26,992 --> 01:11:29,035 that all of their dreams 1518 01:11:29,160 --> 01:11:31,663 that Oprah and everyone else has told them 1519 01:11:31,788 --> 01:11:33,331 can come to fruition 1520 01:11:33,456 --> 01:11:35,375 are never going to arrive, 1521 01:11:35,500 --> 01:11:39,212 and they scream for vengeance and moral renewal, 1522 01:11:39,337 --> 01:11:42,132 and they look for the internal enemies 1523 01:11:42,257 --> 01:11:44,384 that have thwarted the possibility 1524 01:11:44,509 --> 01:11:45,885 of their own aggrandizement. 1525 01:11:46,011 --> 01:11:47,929 So, then you turn on the vulnerable. 1526 01:11:48,054 --> 01:11:49,973 You turn on Muslims, 1527 01:11:50,098 --> 01:11:51,891 undocumented workers, 1528 01:11:52,017 --> 01:11:53,852 homosexuals, feminists, 1529 01:11:53,977 --> 01:11:55,353 intellectuals, liberals ... 1530 01:11:56,855 --> 01:11:59,566 all of those forces that you are told 1531 01:11:59,691 --> 01:12:02,986 have thwarted the possibilities 1532 01:12:03,111 --> 01:12:05,113 that were your right to have. 1533 01:12:07,073 --> 01:12:09,993 [Vandana] What you see is a frustration 1534 01:12:10,118 --> 01:12:14,289 that grew out of economic disempowerment, 1535 01:12:14,414 --> 01:12:17,625 turning into a new wave of hate. 1536 01:12:17,751 --> 01:12:19,711 There's no question that a lot of people 1537 01:12:19,836 --> 01:12:22,422 around the world have a feeling that we've lived in this age 1538 01:12:22,547 --> 01:12:24,883 that is incredibly abundant in innovation 1539 01:12:25,008 --> 01:12:26,926 but short on progress, if progress means 1540 01:12:27,052 --> 01:12:28,428 most people's lives getting better. 1541 01:12:28,553 --> 01:12:30,472 I'm right wing and I'm proud of it! 1542 01:12:30,597 --> 01:12:32,432 [people cheering] 1543 01:12:32,557 --> 01:12:34,559 [Anand] It's only a matter of time 1544 01:12:34,684 --> 01:12:37,103 before... people 1545 01:12:37,228 --> 01:12:39,481 want to shatter the system. 1546 01:12:39,606 --> 01:12:41,191 [man on radio] You must disperse now. 1547 01:12:41,316 --> 01:12:43,902 Riot police will be used in this area. 1548 01:12:44,027 --> 01:12:46,154 There's no guarantee when people rise up 1549 01:12:46,279 --> 01:12:49,908 to shatter a system whether you get Medicare for All 1550 01:12:50,033 --> 01:12:52,911 or a wall on the southern border. 1551 01:12:55,330 --> 01:12:58,625 [crowd chanting] Build that wall! Build that wall! 1552 01:12:58,750 --> 01:13:01,419 Build that wall! Build that wall! 1553 01:13:01,544 --> 01:13:03,713 [Marshall] It's akin to the fascist movements 1554 01:13:03,838 --> 01:13:06,091 of the 1920s and '30s 1555 01:13:06,216 --> 01:13:10,678 where the alienated can feel a sense of empowerment 1556 01:13:10,804 --> 01:13:13,390 by identifying with the great leader, 1557 01:13:13,515 --> 01:13:15,433 often in these big rallies. 1558 01:13:20,105 --> 01:13:24,025 I mean, it really is like snapshots out of the 1930s, 1559 01:13:24,150 --> 01:13:26,403 this kind of politics of hatred, 1560 01:13:26,528 --> 01:13:29,280 and reaction, and division. 1561 01:13:32,367 --> 01:13:36,079 [Nick] Donald Trump... wasn't the problem. 1562 01:13:36,204 --> 01:13:39,582 Donald Trump was the symptom of the problem. 1563 01:13:39,707 --> 01:13:43,086 The problem is a breakdown 1564 01:13:43,211 --> 01:13:47,132 in the social cohesion that makes democracy 1565 01:13:47,257 --> 01:13:49,342 and civil society possible. 1566 01:13:52,679 --> 01:13:55,598 And that breakdown in social cohesion 1567 01:13:55,723 --> 01:13:58,685 in turn was created by 40 years 1568 01:13:58,810 --> 01:14:01,229 of rising economic inequality, 1569 01:14:01,354 --> 01:14:04,190 by the evisceration of the middle class. 1570 01:14:05,859 --> 01:14:08,403 Collectively, the nation lashed out 1571 01:14:08,528 --> 01:14:11,614 by electing the candidate who was lashing out, too. 1572 01:14:13,533 --> 01:14:16,578 Go fucking make my tortilla, motherfucker! 1573 01:14:16,703 --> 01:14:18,872 And build that fucking wall for me! 1574 01:14:19,664 --> 01:14:21,166 Trump! 1575 01:14:21,291 --> 01:14:23,084 [Wendy] This angry, 1576 01:14:23,209 --> 01:14:25,795 right-wing eruption 1577 01:14:25,920 --> 01:14:27,422 completely agreed 1578 01:14:27,547 --> 01:14:29,924 with the free market fundamentalism 1579 01:14:30,049 --> 01:14:31,259 of this new order, 1580 01:14:31,384 --> 01:14:33,178 and represented themselves 1581 01:14:33,303 --> 01:14:36,389 as a people whose whiteness, 1582 01:14:36,514 --> 01:14:38,141 whose traditional values, 1583 01:14:38,266 --> 01:14:41,019 whose Christianity, whose nativism, 1584 01:14:41,144 --> 01:14:42,854 should be at the heart 1585 01:14:42,979 --> 01:14:44,814 of the country's concerns. 1586 01:14:44,939 --> 01:14:46,274 Let them call you racist. 1587 01:14:46,399 --> 01:14:47,901 [woman translating into French] 1588 01:14:48,026 --> 01:14:49,402 Let them call you xenophobes. 1589 01:14:49,527 --> 01:14:50,862 [woman translating into French] 1590 01:14:50,987 --> 01:14:52,530 Let them call you nativist. 1591 01:14:52,655 --> 01:14:54,282 [woman translating into French] 1592 01:14:54,407 --> 01:14:57,160 Wear it as a badge of honor 1593 01:14:57,285 --> 01:15:00,622 because every day we get stronger and they get weaker. 1594 01:15:01,831 --> 01:15:04,417 Parts of the population are actually leaning 1595 01:15:04,542 --> 01:15:07,420 towards strongmen: Donald Trump. 1596 01:15:07,545 --> 01:15:09,172 The large part of the Turkish population 1597 01:15:09,297 --> 01:15:10,965 is supporting Erdogan, 1598 01:15:11,090 --> 01:15:13,301 or we're seeing it in Hungary with Orbán. 1599 01:15:13,426 --> 01:15:15,887 We are proud to stand together with United States 1600 01:15:16,012 --> 01:15:18,139 on fighting against illegal migration, 1601 01:15:19,057 --> 01:15:20,808 on terrorism, 1602 01:15:20,934 --> 01:15:23,019 and to protect and help 1603 01:15:23,144 --> 01:15:25,063 the Christian communities all around the world. 1604 01:15:25,188 --> 01:15:27,899 [Michael] All of these right wing regimes 1605 01:15:28,024 --> 01:15:30,860 represent a continuation of privatization 1606 01:15:30,985 --> 01:15:33,279 of the destruction of welfare, 1607 01:15:33,404 --> 01:15:35,573 the undermining of labor units, et cetera. 1608 01:15:35,698 --> 01:15:38,076 Unchained by the kinds of restrictions 1609 01:15:38,201 --> 01:15:40,119 that workers' rights posed, 1610 01:15:40,245 --> 01:15:42,622 or that environmental protections posed, 1611 01:15:42,747 --> 01:15:44,082 more than even structures 1612 01:15:44,207 --> 01:15:46,501 for providing for the poor posed. 1613 01:15:46,626 --> 01:15:49,504 So now, corporations have freer reign. 1614 01:15:51,089 --> 01:15:53,216 Money has replaced the vote. 1615 01:15:53,341 --> 01:15:55,593 America is dominated 1616 01:15:55,718 --> 01:15:58,221 by a system of legalized bribery. 1617 01:15:58,346 --> 01:15:59,973 Our three branches of government 1618 01:16:00,098 --> 01:16:02,642 are wholly captive to corporate power. 1619 01:16:02,767 --> 01:16:04,435 So, you have corporate forces 1620 01:16:04,561 --> 01:16:08,481 that purport to pay fealty to electoral politics, 1621 01:16:08,606 --> 01:16:10,400 the Constitution, the iconography 1622 01:16:10,525 --> 01:16:13,027 and language of American patriotism, 1623 01:16:13,152 --> 01:16:14,821 and yet internally 1624 01:16:14,946 --> 01:16:17,073 have rendered the citizen impotent. 1625 01:16:17,824 --> 01:16:19,242 I don't think that you can ... 1626 01:16:20,326 --> 01:16:22,620 honestly grasp the forces we're up against, 1627 01:16:22,745 --> 01:16:26,082 including the unraveling of the ecosystem, 1628 01:16:26,207 --> 01:16:29,419 and not be filled with despair. 1629 01:16:29,544 --> 01:16:31,963 The greatest existential crisis of our time 1630 01:16:32,088 --> 01:16:34,632 is to at once understand the reality before us 1631 01:16:34,757 --> 01:16:37,844 and then find the capacity to resist. 1632 01:16:37,969 --> 01:16:40,888 [ethereal chiming] 1633 01:16:52,150 --> 01:16:53,735 [Micah] So much of our lives is about the stories 1634 01:16:53,860 --> 01:16:55,486 we tell ourselves. 1635 01:16:55,612 --> 01:16:57,822 And corporations have done a very effective job 1636 01:16:57,947 --> 01:16:59,699 at defining the limits of possibility 1637 01:16:59,824 --> 01:17:02,452 and defining what we can expect out of life. 1638 01:17:03,411 --> 01:17:05,788 So, if we believe that we are 1639 01:17:05,913 --> 01:17:07,457 in a dog-eat-dog world 1640 01:17:07,582 --> 01:17:10,668 and it's a patriarchal machismo view of reality, 1641 01:17:10,793 --> 01:17:13,046 then that constrains how we act and how we behave. 1642 01:17:14,964 --> 01:17:16,215 Social movements are created 1643 01:17:16,341 --> 01:17:18,134 out of a contagious mood and a new tactic. 1644 01:17:18,259 --> 01:17:19,927 Part of what that new tactic does 1645 01:17:20,053 --> 01:17:21,512 is it wakes people up, and part of what that mood does 1646 01:17:21,638 --> 01:17:23,640 is gets them to dream again. 1647 01:17:24,390 --> 01:17:26,976 [narrator] In 2011, mass movements for change 1648 01:17:27,101 --> 01:17:29,103 swept across the globe in the aftermath 1649 01:17:29,228 --> 01:17:31,689 of the 2008 financial crisis. 1650 01:17:31,814 --> 01:17:33,858 There was the cycle of struggles, 1651 01:17:34,942 --> 01:17:36,778 sometimes called the Movement of Squares. 1652 01:17:36,903 --> 01:17:39,113 It starts in Tunisia ... 1653 01:17:40,281 --> 01:17:41,616 and passes to Egypt. 1654 01:17:42,784 --> 01:17:46,454 Passing then across the Mediterranean to Spain. 1655 01:17:46,579 --> 01:17:48,456 [people chanting in Spanish] 1656 01:17:48,581 --> 01:17:51,000 to Greece... 1657 01:17:51,125 --> 01:17:53,419 before it finally arrives at Zuccotti Park 1658 01:17:53,544 --> 01:17:55,129 in the United States. 1659 01:17:55,254 --> 01:17:56,756 And what were these movements about? 1660 01:17:56,881 --> 01:17:59,175 They were really about the demand 1661 01:17:59,300 --> 01:18:00,927 for a new kind of democracy. 1662 01:18:04,347 --> 01:18:06,057 During Occupy Wall Street, we suddenly thought, 1663 01:18:06,182 --> 01:18:07,892 "What, We can have a democracy in this country 1664 01:18:08,017 --> 01:18:10,520 that's not run by corporate finance capitalism?" 1665 01:18:10,645 --> 01:18:11,938 Be like, "That's amazing," you know? 1666 01:18:13,481 --> 01:18:15,858 And the moment was so ripe that within 24 hours, 1667 01:18:15,983 --> 01:18:17,902 activists in New York City took up the idea 1668 01:18:18,027 --> 01:18:19,070 and ran with it. 1669 01:18:19,195 --> 01:18:20,905 [crowd] Resurrect democracy! 1670 01:18:22,198 --> 01:18:24,367 [Micah] These movements were a kind of refusal 1671 01:18:24,492 --> 01:18:26,661 of corporate culture, consumerism, 1672 01:18:26,786 --> 01:18:28,162 and that was their essence. 1673 01:18:28,287 --> 01:18:29,831 [crowd] Of New York City. 1674 01:18:29,956 --> 01:18:31,416 [narrator] The Occupy movement 1675 01:18:31,541 --> 01:18:33,209 quickly spread from Zuccotti Park 1676 01:18:33,334 --> 01:18:35,461 to cities across the United States. 1677 01:18:35,586 --> 01:18:36,796 And then the world. 1678 01:18:36,921 --> 01:18:39,674 [upbeat synthesizer music] 1679 01:18:48,349 --> 01:18:51,936 [Kshama] The Occupy movement captured the feeling 1680 01:18:52,061 --> 01:18:53,896 that ordinary working people had, 1681 01:18:54,021 --> 01:18:56,899 that when the recession happened in 2008, 1682 01:18:57,024 --> 01:19:00,069 the very banks that had caused the financial collapse 1683 01:19:00,194 --> 01:19:02,196 were the ones being rewarded, 1684 01:19:02,321 --> 01:19:04,449 and the rest of us had got sold out. 1685 01:19:06,117 --> 01:19:07,702 [Robert] What was so important about Occupy 1686 01:19:07,827 --> 01:19:10,872 was to crystallize the public anger. 1687 01:19:10,997 --> 01:19:12,582 Occupy did that 1688 01:19:12,707 --> 01:19:15,084 and put an explanatory narrative 1689 01:19:15,209 --> 01:19:18,004 around the 99% versus the 1%. 1690 01:19:20,047 --> 01:19:21,883 [man] We're just trying to figure out a way 1691 01:19:22,008 --> 01:19:23,676 that we can change this system, 1692 01:19:23,801 --> 01:19:26,679 an economic system that is fundamentally... 1693 01:19:26,804 --> 01:19:29,724 fundamentally misaligned in the corporate interests, 1694 01:19:29,849 --> 01:19:31,601 and against the peoples' interests. 1695 01:19:31,726 --> 01:19:32,769 And that's all we're doing. 1696 01:19:32,894 --> 01:19:34,729 [weapons firing] 1697 01:19:36,689 --> 01:19:38,900 [man] Hey, back up, back up, back up. 1698 01:19:41,068 --> 01:19:42,570 [man 2] What happened? What happened? 1699 01:19:42,695 --> 01:19:44,030 [man 3] He was shot. 1700 01:19:44,155 --> 01:19:47,909 [indistinct yelling and talking] 1701 01:19:49,577 --> 01:19:51,788 Occupy Wall Street was a constructive failure, 1702 01:19:51,913 --> 01:19:54,540 but it taught us something very important. 1703 01:19:54,665 --> 01:19:56,584 We need to pair protests with gaining sovereignty, 1704 01:19:56,709 --> 01:19:58,252 which means either pairing protests 1705 01:19:58,377 --> 01:19:59,670 with winning elections, or pairing protests 1706 01:19:59,796 --> 01:20:01,130 with winning wars. 1707 01:20:01,255 --> 01:20:02,340 And you can choose as an activist. 1708 01:20:02,465 --> 01:20:04,008 I would advocate elections. 1709 01:20:04,133 --> 01:20:05,593 There's only so many times you can have 1710 01:20:05,718 --> 01:20:07,386 teargas fired into your face 1711 01:20:07,512 --> 01:20:09,514 and get hit over the head by a police baton 1712 01:20:09,639 --> 01:20:11,182 or be dragged off to jail. 1713 01:20:11,307 --> 01:20:13,267 And after a while, you say, 1714 01:20:13,392 --> 01:20:14,560 "You know, we're going to do something 1715 01:20:14,685 --> 01:20:16,229 at the level of politics now." 1716 01:20:16,354 --> 01:20:19,482 But all those movements face the challenge: 1717 01:20:19,607 --> 01:20:20,817 What do you stand for? 1718 01:20:21,776 --> 01:20:24,028 Are you actually going to challenge 1719 01:20:24,153 --> 01:20:26,489 the power of corporations? 1720 01:20:26,614 --> 01:20:28,950 This is what the 2020s will be about. 1721 01:20:29,075 --> 01:20:31,661 [upbeat chiming percussion music] 1722 01:20:36,165 --> 01:20:38,918 [newscaster] We turn now to Seattle, Washington, 1723 01:20:39,043 --> 01:20:41,629 where a former Occupy Wall Street activist 1724 01:20:41,754 --> 01:20:44,882 is being sworn in today to the City Council. 1725 01:20:45,007 --> 01:20:47,885 We have shown that it's possible to succeed 1726 01:20:48,010 --> 01:20:50,555 as an independent, grassroots, 1727 01:20:50,680 --> 01:20:53,140 openly socialist campaign, 1728 01:20:53,266 --> 01:20:56,435 not taking any money from big business. 1729 01:20:56,561 --> 01:20:58,396 This moment belongs 1730 01:20:58,521 --> 01:21:01,440 to that way of organizing. 1731 01:21:01,566 --> 01:21:04,151 Kshama becomes the first socialist 1732 01:21:04,277 --> 01:21:07,196 elected to... to the Seattle City Council 1733 01:21:07,321 --> 01:21:09,824 since the early 20th century. 1734 01:21:09,949 --> 01:21:12,827 Her signature issue was 1735 01:21:12,952 --> 01:21:14,704 $15 an hour minimum wage. 1736 01:21:16,122 --> 01:21:18,207 [Kshama] There were courageous workers 1737 01:21:18,332 --> 01:21:20,877 of McDonald's and other fast food outlets 1738 01:21:21,002 --> 01:21:23,921 who went out on a one-day strike. 1739 01:21:25,590 --> 01:21:27,508 "$15 and a Union" was their slogan. 1740 01:21:28,551 --> 01:21:31,262 [narrator] On the 15th of May 2014, 1741 01:21:31,387 --> 01:21:33,764 thousands of fast food workers flooded the streets 1742 01:21:33,890 --> 01:21:36,058 of 150 U.S. cities, 1743 01:21:36,183 --> 01:21:39,395 striking to demand a $15 minimum wage, 1744 01:21:39,520 --> 01:21:41,022 better working conditions, 1745 01:21:41,147 --> 01:21:42,607 and the right to form a union. 1746 01:21:42,732 --> 01:21:45,401 [Kshama] We organized ordinary people: 1747 01:21:45,526 --> 01:21:48,279 Workers, rank and file union members, 1748 01:21:48,404 --> 01:21:51,157 and activists who wanted to fight for $15. 1749 01:21:53,784 --> 01:21:56,621 If you're actually going to be true to the movement, 1750 01:21:56,746 --> 01:21:59,290 if you're going to be accountable to all these people 1751 01:21:59,415 --> 01:22:01,876 you claim to represent once you're elected, 1752 01:22:02,001 --> 01:22:04,921 it does require you to take a bold 1753 01:22:05,046 --> 01:22:08,299 and strong stance against the corporate politicians. 1754 01:22:08,424 --> 01:22:10,134 If they are not on your side, 1755 01:22:10,259 --> 01:22:11,552 then you have to fight against them. 1756 01:22:11,677 --> 01:22:12,803 You're duty bound. 1757 01:22:12,929 --> 01:22:15,014 After over a billion dollars 1758 01:22:15,139 --> 01:22:18,184 of taxes that Amazon owes to the IRS, 1759 01:22:18,309 --> 01:22:19,852 they now get a break 1760 01:22:19,977 --> 01:22:23,105 of $789 million. 1761 01:22:24,065 --> 01:22:26,067 [man] Her campaign wins so many supporters 1762 01:22:26,192 --> 01:22:29,904 that Seattle becomes the first major city in America 1763 01:22:30,029 --> 01:22:33,240 to adopt $15 an hour minimum wage. 1764 01:22:33,366 --> 01:22:34,951 And that starts the ball rolling 1765 01:22:35,076 --> 01:22:36,786 as more and more cities across the nation 1766 01:22:36,911 --> 01:22:38,913 have followed the example of Seattle. 1767 01:22:40,247 --> 01:22:43,459 [Kshama] If you empower workers by giving them 1768 01:22:43,584 --> 01:22:45,169 a better standard of living, 1769 01:22:45,294 --> 01:22:47,254 it's not going to stop there. 1770 01:22:47,380 --> 01:22:49,090 It raises their sights, 1771 01:22:49,215 --> 01:22:50,925 the confidence of working people, 1772 01:22:51,050 --> 01:22:52,885 towards a different kind of society. 1773 01:22:54,261 --> 01:22:55,846 You don't need a PhD in economics 1774 01:22:55,972 --> 01:22:57,974 to know that your life sucks under capitalism, 1775 01:22:58,099 --> 01:23:01,018 and we've got to build a movement to fight for it. 1776 01:23:01,143 --> 01:23:03,896 [crowd] Four more years! Four more years! 1777 01:23:04,021 --> 01:23:06,065 Four more years! 1778 01:23:06,816 --> 01:23:09,151 [narrator] In 2019, Kshama Sawant 1779 01:23:09,276 --> 01:23:13,072 was elected to a third term on Seattle City Council, 1780 01:23:13,197 --> 01:23:16,492 despite Amazon spending $1.5 million 1781 01:23:16,617 --> 01:23:18,327 to try to unseat her. 1782 01:23:18,452 --> 01:23:20,788 [breath exhaling] 1783 01:23:24,208 --> 01:23:25,793 [Juan] Kshama was pioneering 1784 01:23:25,918 --> 01:23:28,129 the new urban renaissance 1785 01:23:28,254 --> 01:23:32,341 starting around 2013, 1786 01:23:32,466 --> 01:23:34,510 and '14 especially, 1787 01:23:34,635 --> 01:23:37,346 a whole new movement developed of grassroots organizations 1788 01:23:37,471 --> 01:23:39,515 from various movements that then united 1789 01:23:39,640 --> 01:23:41,475 to elect for the first time, 1790 01:23:41,600 --> 01:23:44,562 representatives of their perspectives into office. 1791 01:23:44,687 --> 01:23:46,313 You had a whole wave of people, 1792 01:23:46,439 --> 01:23:49,567 all of whom were not expected to have a chance. 1793 01:23:49,692 --> 01:23:51,986 All of them are running on more or less 1794 01:23:52,111 --> 01:23:53,863 the same platform that income inequality 1795 01:23:53,988 --> 01:23:55,906 is the moral issue of our time. 1796 01:23:56,032 --> 01:23:59,201 And they were not just part of the U.S. movement. 1797 01:23:59,326 --> 01:24:01,328 But you had Sadiq Khan, 1798 01:24:01,454 --> 01:24:04,040 the first Muslim elected to the mayoralty of London. 1799 01:24:04,165 --> 01:24:06,375 You had Anne Hidalgo, a leading environmentalist 1800 01:24:06,500 --> 01:24:08,294 and socialist of Europe, 1801 01:24:08,419 --> 01:24:10,171 winning the mayoralty of Paris. 1802 01:24:10,296 --> 01:24:11,630 Carmen Yulin Cruz, 1803 01:24:11,756 --> 01:24:13,299 the mayor of San Juan, Puerto Rico. 1804 01:24:13,424 --> 01:24:16,635 And you had Ada Colau in Barcelona. 1805 01:24:20,431 --> 01:24:23,100 [door thumping and cracking] 1806 01:24:24,435 --> 01:24:26,937 In the wake of the mortgage 1807 01:24:27,063 --> 01:24:28,814 meltdown worldwide, 1808 01:24:28,939 --> 01:24:31,317 there were thousands of Spanish homeowners 1809 01:24:31,442 --> 01:24:34,820 being evicted from their houses by international banks, 1810 01:24:34,945 --> 01:24:37,656 and Ada Colau begins to lead 1811 01:24:37,782 --> 01:24:40,117 a resistance movement of the homeowners. 1812 01:24:40,242 --> 01:24:45,081 Fundamental rights are non-negotiable! 1813 01:24:45,206 --> 01:24:48,042 It was a very tough fight 1814 01:24:48,167 --> 01:24:52,254 to stop home evictions and force the banks to negotiate 1815 01:24:52,379 --> 01:24:56,383 with these families so they could keep their homes 1816 01:24:56,509 --> 01:25:00,096 or, at a minimum, not to have a debt for life. 1817 01:25:00,596 --> 01:25:02,556 Why are you doing this? We're not criminals! 1818 01:25:02,681 --> 01:25:04,391 This is our home! 1819 01:25:04,517 --> 01:25:07,686 We will stop this eviction! We will stop this eviction! 1820 01:25:07,812 --> 01:25:09,897 [Juan] Through mass protests and civil disobedience, 1821 01:25:10,022 --> 01:25:11,857 she gains a name for herself 1822 01:25:11,982 --> 01:25:14,485 as a defender of the homeowners. 1823 01:25:14,610 --> 01:25:15,986 The Platform for People Affected by Mortgages (PAH) 1824 01:25:16,112 --> 01:25:18,364 has stopped the eviction of a family 1825 01:25:18,489 --> 01:25:20,699 that was to take place this morning. 1826 01:25:20,825 --> 01:25:25,287 Nobody's coming in here! 1827 01:25:25,412 --> 01:25:27,915 The President of the bank can make decisions, 1828 01:25:28,040 --> 01:25:30,000 and until he arrives, 1829 01:25:30,126 --> 01:25:31,627 we're not leaving. 1830 01:25:31,752 --> 01:25:33,546 We encountered an existing government 1831 01:25:33,671 --> 01:25:36,048 that had colluded with the financial interests, 1832 01:25:36,173 --> 01:25:38,926 the banks, and big corporations - 1833 01:25:39,051 --> 01:25:41,303 many of us asked ourselves, 1834 01:25:41,428 --> 01:25:43,639 maybe it is necessary to step forward 1835 01:25:43,764 --> 01:25:45,724 and regain control of the government. 1836 01:25:45,850 --> 01:25:47,560 and recover what is ours. 1837 01:25:49,019 --> 01:25:51,939 Many of us wondered if the moment 1838 01:25:52,064 --> 01:25:54,525 had arrived to launch a political candidacy, 1839 01:25:54,650 --> 01:25:57,611 to make politics a more democratic process 1840 01:25:57,736 --> 01:25:59,613 than what it had been before. 1841 01:25:59,738 --> 01:26:01,699 Thank you! 1842 01:26:03,450 --> 01:26:06,453 [rhythmic clapping music] 1843 01:26:07,121 --> 01:26:09,915 I came to be the first woman mayor of Barcelona. 1844 01:26:11,125 --> 01:26:13,002 With our arrival to city hall 1845 01:26:13,127 --> 01:26:15,421 all the elites in power saw us as intruders 1846 01:26:15,546 --> 01:26:18,007 we had the telephone numbers of no-one, 1847 01:26:18,132 --> 01:26:20,009 absolutely no-one that was representative 1848 01:26:20,134 --> 01:26:23,262 of the city's economic power. 1849 01:26:25,472 --> 01:26:27,183 [Juan] What's different about this movement 1850 01:26:27,308 --> 01:26:28,851 is that the progressives have seen 1851 01:26:28,976 --> 01:26:32,021 the necessity to actually capture office. 1852 01:26:32,146 --> 01:26:34,231 Then also once they get into office, 1853 01:26:34,356 --> 01:26:36,025 they've understood the necessity 1854 01:26:36,150 --> 01:26:37,860 for continuing to be connected 1855 01:26:37,985 --> 01:26:40,362 to the grassroots movements that got them there. 1856 01:26:42,448 --> 01:26:44,366 Barcelona is now the leader 1857 01:26:44,491 --> 01:26:46,243 fighting against home evictions, 1858 01:26:46,368 --> 01:26:50,372 more than any other government institution in all of Spain. 1859 01:26:51,415 --> 01:26:54,460 We are the city that invests the most in social programs 1860 01:26:54,585 --> 01:26:56,128 in the entire country. 1861 01:26:56,253 --> 01:26:58,172 [narrator] In 2019, 1862 01:26:58,297 --> 01:27:00,507 more than 200 leading thinkers 1863 01:27:00,633 --> 01:27:04,011 and activists endorsed Colau's bid for re-election. 1864 01:27:05,179 --> 01:27:07,014 "Barcelona has become a beacon of hope," 1865 01:27:07,139 --> 01:27:09,016 they wrote, "proving that we don't 1866 01:27:09,141 --> 01:27:12,353 have to be afraid of standing up to corporate power, 1867 01:27:12,478 --> 01:27:15,898 that there is another way of doing politics 1868 01:27:16,023 --> 01:27:17,524 that puts people at the center." 1869 01:27:19,235 --> 01:27:22,488 Colau was re-elected mayor in June 2019. 1870 01:27:22,613 --> 01:27:25,199 [upbeat percussion music] 1871 01:27:27,993 --> 01:27:29,995 Seeing the documentary, The Corporation, 1872 01:27:30,120 --> 01:27:31,914 it opened my eyes. 1873 01:27:32,039 --> 01:27:33,666 [narrator] This is Chris Barrett. 1874 01:27:33,791 --> 01:27:36,293 He appeared in our first film, 1875 01:27:36,418 --> 01:27:37,920 featured as one of the first 1876 01:27:38,045 --> 01:27:39,588 corporate-sponsored college students. 1877 01:27:40,923 --> 01:27:42,466 [Chris] I saw Tiger Woods on TV 1878 01:27:42,591 --> 01:27:44,510 with a hat with a Nike logo on it. 1879 01:27:44,635 --> 01:27:46,720 And we figured, you know, he probably gets like, 1880 01:27:46,845 --> 01:27:48,138 millions of dollars just to wear the hat 1881 01:27:48,264 --> 01:27:49,473 on a press conference. 1882 01:27:49,598 --> 01:27:50,808 And therefore, we figured 1883 01:27:50,933 --> 01:27:52,142 we can do that for someone else, 1884 01:27:52,268 --> 01:27:53,894 and hopefully get money in turn 1885 01:27:54,019 --> 01:27:55,771 so we can go to school. 1886 01:27:56,605 --> 01:27:58,232 You guys were poking fun at us, 1887 01:27:58,357 --> 01:28:00,693 but we were 18-year-old kids. 1888 01:28:00,818 --> 01:28:03,237 Seeing The Corporation, 1889 01:28:03,362 --> 01:28:05,322 my... my mind just, like, kind of exploded. 1890 01:28:05,447 --> 01:28:06,991 It was just like, 1891 01:28:07,116 --> 01:28:10,452 I had never been exposed to this mindset before. 1892 01:28:11,287 --> 01:28:12,997 I was having lunch with my grandfather 1893 01:28:13,122 --> 01:28:15,332 and I asked him, "Who should the Democratic nominee be?" 1894 01:28:15,457 --> 01:28:16,875 And he told me at the time 1895 01:28:17,001 --> 01:28:19,128 that Bernie Sanders looks pretty good. 1896 01:28:19,253 --> 01:28:20,462 I went home and I researched 1897 01:28:20,587 --> 01:28:22,423 Bernie's platform and I realized 1898 01:28:22,548 --> 01:28:24,091 that internally, like, I align 1899 01:28:24,216 --> 01:28:26,593 with a lot that Bernie says. 1900 01:28:26,719 --> 01:28:28,220 This great nation 1901 01:28:28,345 --> 01:28:31,557 and its government belong to all of the people 1902 01:28:31,682 --> 01:28:34,310 and not to a handful of billionaires. 1903 01:28:34,435 --> 01:28:37,271 [crowd cheering] 1904 01:28:37,396 --> 01:28:39,356 [Chris] And I got connected to Grassroots for Sanders. 1905 01:28:39,481 --> 01:28:40,774 They offered me a position 1906 01:28:40,899 --> 01:28:42,943 of Assistant Fundraising Manager 1907 01:28:43,068 --> 01:28:44,695 where I could be able to do 1908 01:28:44,820 --> 01:28:46,447 the fundraising asks on Reddit. 1909 01:28:47,906 --> 01:28:51,076 [upbeat, melodious synthesizer music] 1910 01:28:54,705 --> 01:28:56,749 We were able to raise over $10 million 1911 01:28:56,874 --> 01:28:58,667 directly to Bernie Sanders' campaign. 1912 01:29:01,086 --> 01:29:02,379 Some of the field offices, 1913 01:29:02,504 --> 01:29:04,173 people would come through the door 1914 01:29:04,298 --> 01:29:06,383 and they would say, "How do I get involved? 1915 01:29:06,508 --> 01:29:08,010 I have never voted in my life." 1916 01:29:12,056 --> 01:29:13,390 One of Bernie's messages 1917 01:29:13,515 --> 01:29:16,226 after he lost his presidential run 1918 01:29:16,352 --> 01:29:18,979 was that local people could take back the power 1919 01:29:19,104 --> 01:29:20,647 and we could run for office. 1920 01:29:20,773 --> 01:29:22,483 I met a local political organizer 1921 01:29:22,608 --> 01:29:24,568 in my town of Collingswood. 1922 01:29:24,693 --> 01:29:27,863 He was putting together a slate of progressive candidates. 1923 01:29:27,988 --> 01:29:29,490 I thought that was a brilliant idea. 1924 01:29:29,615 --> 01:29:32,284 It was exactly what Bernie wanted us to do. 1925 01:29:32,409 --> 01:29:34,536 And I signed the form, 1926 01:29:34,661 --> 01:29:36,663 and we were running for office. 1927 01:29:36,789 --> 01:29:38,832 I don't think when I was out there 1928 01:29:38,957 --> 01:29:40,667 getting a corporate sponsor that I realized 1929 01:29:40,793 --> 01:29:43,420 that in 16 years I would be an elected official 1930 01:29:43,545 --> 01:29:45,255 in New Jersey. 1931 01:29:45,381 --> 01:29:47,633 I'm going to stay on this path and I'm going to continue 1932 01:29:47,758 --> 01:29:50,052 down this political route until we have 1933 01:29:50,177 --> 01:29:52,846 the progressive party of the future. 1934 01:29:54,807 --> 01:29:56,975 Historically, progressive movements 1935 01:29:57,101 --> 01:29:59,853 were more interested about building power in the streets, 1936 01:29:59,978 --> 01:30:02,481 which is an important thing, and they kind of neglected 1937 01:30:02,606 --> 01:30:04,066 running for office. 1938 01:30:04,942 --> 01:30:06,777 I think now, progressives are starting to see 1939 01:30:06,902 --> 01:30:09,655 the nature of power, where it lies, 1940 01:30:09,780 --> 01:30:11,198 and the reason to contest for it. 1941 01:30:12,491 --> 01:30:14,410 Now we have thousands of people saying, 1942 01:30:14,535 --> 01:30:16,078 "Hey, I want to run for office." 1943 01:30:17,704 --> 01:30:19,164 It's common to say, you know, 1944 01:30:19,289 --> 01:30:22,668 that the Sanders' campaign failed. 1945 01:30:22,793 --> 01:30:24,461 I think that's a mistake. 1946 01:30:24,586 --> 01:30:27,339 I think it was an extraordinary success, 1947 01:30:27,464 --> 01:30:29,258 completely shifted 1948 01:30:29,383 --> 01:30:33,220 the arena of debate and discussion, 1949 01:30:33,345 --> 01:30:36,014 issues that were unthinkable 1950 01:30:36,140 --> 01:30:37,641 a couple of years ago 1951 01:30:37,766 --> 01:30:39,685 are now right in the middle of attention. 1952 01:30:40,811 --> 01:30:42,438 [narrator] The Sanders' campaign 1953 01:30:42,563 --> 01:30:44,481 took to the larger political stage 1954 01:30:44,606 --> 01:30:46,483 the kind of politics being practiced 1955 01:30:46,608 --> 01:30:48,318 by local politicians... 1956 01:30:49,278 --> 01:30:51,029 like Sawant, Colau, 1957 01:30:51,155 --> 01:30:52,698 and Barrett: 1958 01:30:53,615 --> 01:30:56,910 electoral politics interwoven with grassroots activism. 1959 01:30:59,663 --> 01:31:03,584 [Noam] Some form of green New Deal is essential 1960 01:31:03,709 --> 01:31:06,003 for the survival of humanity. 1961 01:31:06,128 --> 01:31:09,131 Now it's part of the general agenda. 1962 01:31:09,256 --> 01:31:10,591 Why? 1963 01:31:10,716 --> 01:31:14,219 Activist engagement, young people, 1964 01:31:14,344 --> 01:31:16,180 they receive support 1965 01:31:16,305 --> 01:31:18,974 from Alexandria Ocasio-Cortez 1966 01:31:19,099 --> 01:31:21,101 and other young legislators 1967 01:31:21,226 --> 01:31:23,187 who came into office 1968 01:31:23,312 --> 01:31:26,607 as part of the Sanders inspired 1969 01:31:26,732 --> 01:31:28,484 popular wave. 1970 01:31:32,321 --> 01:31:33,947 I think the next wave of revolutions 1971 01:31:34,072 --> 01:31:36,200 really is going to be this kind of strange thing 1972 01:31:36,325 --> 01:31:38,118 where we wake up and we're like, 1973 01:31:38,243 --> 01:31:40,454 "Oh my gosh, there's this social movement. 1974 01:31:40,579 --> 01:31:42,039 They're in the streets, 1975 01:31:42,164 --> 01:31:43,916 but they're running election campaigns? 1976 01:31:44,041 --> 01:31:46,335 They have candidates? And they're winning?" 1977 01:31:46,460 --> 01:31:49,213 [upbeat synthesizer music] 1978 01:31:52,716 --> 01:31:54,384 [narrator] Whatever form it takes, 1979 01:31:54,510 --> 01:31:56,512 change always begins with organizing. 1980 01:31:57,471 --> 01:32:00,766 2018 is going to be the year that we take the toxic, 1981 01:32:00,891 --> 01:32:03,519 stultified politics of climate change 1982 01:32:03,644 --> 01:32:05,145 and turn it on its head. 1983 01:32:05,270 --> 01:32:07,272 And it starts with stopping Adani. 1984 01:32:07,397 --> 01:32:09,942 [Sam] Our aim is to move the world 1985 01:32:10,067 --> 01:32:12,694 away from fossil fuels as fast as possible. 1986 01:32:12,819 --> 01:32:14,988 The Wangan and Jagalingou people 1987 01:32:15,113 --> 01:32:17,032 have a different struggle, 1988 01:32:17,157 --> 01:32:19,701 which is to protect their land 1989 01:32:19,826 --> 01:32:21,495 and to win land rights. 1990 01:32:22,996 --> 01:32:26,083 [Murrawah] Adani has tried to rip our people apart. 1991 01:32:26,208 --> 01:32:28,961 It's actually brought our people together as well. 1992 01:32:29,086 --> 01:32:31,755 And we've been able to think about 1993 01:32:31,880 --> 01:32:33,840 what is our alternative future? 1994 01:32:33,966 --> 01:32:35,259 What do we want to build? 1995 01:32:36,093 --> 01:32:39,096 And it's not extractive industries 1996 01:32:39,221 --> 01:32:42,140 that governments and other corporations 1997 01:32:42,266 --> 01:32:43,600 would like it to be. 1998 01:32:44,685 --> 01:32:46,395 What we set out to do 1999 01:32:46,520 --> 01:32:49,565 is support a whole range of organizations 2000 01:32:49,690 --> 01:32:52,150 and individuals to work together to achieve 2001 01:32:52,276 --> 01:32:54,570 much bigger change than any one organization 2002 01:32:54,695 --> 01:32:56,238 could achieve working alone. 2003 01:32:56,363 --> 01:32:59,074 We want to lose control 2004 01:32:59,199 --> 01:33:01,118 of as many people as possible 2005 01:33:01,243 --> 01:33:02,786 headed in the right direction. 2006 01:33:04,079 --> 01:33:05,330 [John] We figured that the only way 2007 01:33:05,455 --> 01:33:06,790 we could really stop the project 2008 01:33:06,915 --> 01:33:08,584 is stopping them getting financed. 2009 01:33:08,709 --> 01:33:11,169 [Sam] Yes, they need the permits and the approvals, 2010 01:33:11,295 --> 01:33:14,131 but Adani also needs money. 2011 01:33:14,256 --> 01:33:15,799 [narrator] Both stop Adani, 2012 01:33:15,924 --> 01:33:17,759 and the Wangan and Jagalingou people 2013 01:33:17,884 --> 01:33:20,554 pushed to halt funding of the Adani coal mine. 2014 01:33:20,679 --> 01:33:22,889 [Murrawah] We met with some of the largest banks 2015 01:33:23,015 --> 01:33:24,683 in the world and said, 2016 01:33:24,808 --> 01:33:28,228 "You need to acknowledge that any investment 2017 01:33:28,353 --> 01:33:30,606 in the Adani Carmichael coal mine 2018 01:33:30,731 --> 01:33:33,567 will be a breach of your obligations 2019 01:33:33,692 --> 01:33:36,320 to us as the Indigenous people who have said no." 2020 01:33:37,529 --> 01:33:38,822 Within a month, 2021 01:33:38,947 --> 01:33:40,407 Standard Chartered came out publicly 2022 01:33:40,532 --> 01:33:42,701 and said that they would not be giving 2023 01:33:42,826 --> 01:33:44,161 any money to Adani. 2024 01:33:44,286 --> 01:33:46,163 That was after ... 2025 01:33:46,288 --> 01:33:48,832 they had already given them $680 million. 2026 01:33:48,957 --> 01:33:50,917 [narrator] The two campaigns together 2027 01:33:51,043 --> 01:33:53,837 succeeded in stopping funding from all banks worldwide. 2028 01:33:54,630 --> 01:33:56,256 Then they won again, 2029 01:33:56,381 --> 01:33:57,841 blocking the Australian government's attempt 2030 01:33:57,966 --> 01:34:01,178 to fill the gap with a $1 billion loan. 2031 01:34:01,303 --> 01:34:03,305 It was a huge victory for us 2032 01:34:03,430 --> 01:34:04,806 because we were told it was something 2033 01:34:04,931 --> 01:34:06,558 that couldn't be done. 2034 01:34:07,559 --> 01:34:09,353 [narrator] Adani and his government allies 2035 01:34:09,478 --> 01:34:11,772 continue their push for the mine to go forward. 2036 01:34:12,606 --> 01:34:15,233 And yet not a single lump of coal 2037 01:34:15,359 --> 01:34:17,402 has been mined to date. 2038 01:34:17,527 --> 01:34:18,945 The resistance continues. 2039 01:34:20,364 --> 01:34:22,574 [Murrawah] All of my life 2040 01:34:22,699 --> 01:34:24,785 I have been told 2041 01:34:24,910 --> 01:34:27,579 who I am through stories about the people 2042 01:34:27,704 --> 01:34:29,206 that I come from. 2043 01:34:29,331 --> 01:34:33,043 Without their resistance and their resilience, 2044 01:34:33,168 --> 01:34:34,753 I would not be here. 2045 01:34:34,878 --> 01:34:36,213 It's come down to me. 2046 01:34:37,005 --> 01:34:40,133 And I refuse to be the broken link in the chain. 2047 01:34:41,510 --> 01:34:43,136 [John] The fight over the Adani coal mine 2048 01:34:43,261 --> 01:34:47,015 has become a symbol whether corporations 2049 01:34:47,140 --> 01:34:49,226 can continue to ride roughshod 2050 01:34:49,351 --> 01:34:51,895 over the wishes of the community 2051 01:34:52,020 --> 01:34:53,480 and create a future 2052 01:34:53,605 --> 01:34:56,274 that is in their financial interests alone, 2053 01:34:56,400 --> 01:34:57,818 or whether the community 2054 01:34:57,943 --> 01:35:00,195 actually can build enough power to say, 2055 01:35:00,320 --> 01:35:02,030 "No, that is not the future we want. 2056 01:35:02,155 --> 01:35:03,532 We want a safe future 2057 01:35:03,657 --> 01:35:04,950 with a safe climate for everybody." 2058 01:35:05,075 --> 01:35:06,827 [pensive electronic music] 2059 01:35:10,956 --> 01:35:13,125 There is this global network. 2060 01:35:13,250 --> 01:35:15,585 There's a big fight brewing in Argentina 2061 01:35:15,711 --> 01:35:17,921 against fracking corporations, 2062 01:35:18,046 --> 01:35:19,756 against coal expansion in South Africa 2063 01:35:19,881 --> 01:35:23,051 and the Philippines, in India and Poland. 2064 01:35:24,177 --> 01:35:26,847 There's campaigns against pipelines in Canada: 2065 01:35:26,972 --> 01:35:29,850 Kinder Morgan, Keystone XL, 2066 01:35:29,975 --> 01:35:31,560 the fight at Standing Rock. 2067 01:35:34,688 --> 01:35:36,648 [Kukpi7 Judy] Our Indigenous people 2068 01:35:36,773 --> 01:35:38,900 have been on the front lines way before my time. 2069 01:35:40,026 --> 01:35:43,363 It's about the land, the water... 2070 01:35:43,488 --> 01:35:47,325 our inherent jurisdiction as caretakers of Mother Earth. 2071 01:35:48,618 --> 01:35:50,287 [Grand Chief Stewart] But it's not just 2072 01:35:50,412 --> 01:35:52,456 an Indigenous struggle. 2073 01:35:52,581 --> 01:35:54,624 It's a struggle of humanity. 2074 01:35:54,750 --> 01:35:56,501 We need to come together 2075 01:35:56,626 --> 01:35:59,004 to push back the corporate agenda. 2076 01:36:00,130 --> 01:36:02,424 All people, all races 2077 01:36:02,549 --> 01:36:04,926 are beginning to realize we're in this together. 2078 01:36:05,051 --> 01:36:07,429 [crowd] We will rise. We will rise. 2079 01:36:07,554 --> 01:36:09,848 You cannot un-ring a bell. 2080 01:36:14,394 --> 01:36:17,314 Our civilization is being sacrificed 2081 01:36:17,439 --> 01:36:18,690 for the opportunity 2082 01:36:18,815 --> 01:36:20,817 of a very small number of people 2083 01:36:20,942 --> 01:36:23,862 to continue making enormous amounts of money. 2084 01:36:25,739 --> 01:36:27,282 We have not come here 2085 01:36:27,407 --> 01:36:29,326 to beg world leaders to care. 2086 01:36:30,243 --> 01:36:31,995 You have ignored us in the past 2087 01:36:32,120 --> 01:36:33,789 and you will ignore us again. 2088 01:36:35,290 --> 01:36:38,460 You have run out of excuses and we are running out of time. 2089 01:36:40,212 --> 01:36:42,172 We have come here to let you know 2090 01:36:42,297 --> 01:36:45,342 that change is coming, whether you like it or not. 2091 01:36:46,468 --> 01:36:48,678 The real power belongs to the people. 2092 01:36:53,850 --> 01:36:56,520 If we are really wanting to address 2093 01:36:56,645 --> 01:36:58,897 the deep problems of social, racial, 2094 01:36:59,022 --> 01:37:01,233 and gender injustice in our society, 2095 01:37:01,358 --> 01:37:04,110 then we need to think of lessons from history. 2096 01:37:07,155 --> 01:37:09,241 [Michael] One thing that's remarkable is just that ... 2097 01:37:10,742 --> 01:37:11,952 people keep struggling. 2098 01:37:14,371 --> 01:37:16,289 That in the worst situations, 2099 01:37:16,414 --> 01:37:17,999 people always fight. 2100 01:37:20,001 --> 01:37:21,670 Even when you thought... 2101 01:37:22,504 --> 01:37:24,005 nothing was possible, 2102 01:37:24,130 --> 01:37:26,633 you look at the political situation 2103 01:37:26,758 --> 01:37:28,218 and think how bad it is, 2104 01:37:28,343 --> 01:37:31,763 then something beautiful and inspiring comes out. 2105 01:37:31,888 --> 01:37:34,599 [upbeat rhythmic orchestral instrumental] 2106 01:37:38,895 --> 01:37:40,856 [narrator] In the spring of 2020, 2107 01:37:40,981 --> 01:37:42,232 the world shut down. 2108 01:37:43,108 --> 01:37:45,318 But people's hearts opened wide. 2109 01:37:45,443 --> 01:37:50,448 ? 2110 01:37:52,701 --> 01:37:55,495 [sirens wailing] 2111 01:37:58,415 --> 01:38:01,084 [bells jangling] 2112 01:38:02,252 --> 01:38:03,712 One of the most beautiful things I've seen 2113 01:38:03,837 --> 01:38:06,298 during the crisis is the way workers 2114 01:38:06,423 --> 01:38:08,300 in a variety of sectors 2115 01:38:08,425 --> 01:38:09,551 have refused. 2116 01:38:09,676 --> 01:38:11,011 Have refused to go along 2117 01:38:11,136 --> 01:38:13,221 with putting workers in danger. 2118 01:38:13,346 --> 01:38:15,015 Amazon workers striking, 2119 01:38:15,932 --> 01:38:17,726 FedEx workers walking out, 2120 01:38:17,851 --> 01:38:21,146 but also health care workers put in dangerous situations. 2121 01:38:22,439 --> 01:38:26,234 This foresees the kinds of struggles 2122 01:38:26,359 --> 01:38:28,153 that will emerge from this crisis 2123 01:38:28,278 --> 01:38:32,073 that confront the inequalities of this economy. 2124 01:38:34,784 --> 01:38:37,579 [Stacy] The pandemic has revealed 2125 01:38:37,704 --> 01:38:39,623 that there is broad support 2126 01:38:39,748 --> 01:38:42,918 for the idea that we need to contain corporate power... 2127 01:38:43,793 --> 01:38:45,086 so that we live in a society 2128 01:38:45,211 --> 01:38:47,505 where we reinvigorate democracy, 2129 01:38:47,631 --> 01:38:49,758 where we have a sense of the public purpose, 2130 01:38:49,883 --> 01:38:51,843 and that we're not simply at the mercy 2131 01:38:51,968 --> 01:38:53,511 of a few corporations 2132 01:38:53,637 --> 01:38:55,388 that increasingly run our lives. 2133 01:38:56,932 --> 01:38:59,684 [Robert] This can change the way people think 2134 01:38:59,809 --> 01:39:01,102 about the system. 2135 01:39:01,227 --> 01:39:02,979 We owe one another 2136 01:39:03,104 --> 01:39:05,231 certain things, certain minimum things. 2137 01:39:05,357 --> 01:39:07,984 That's been lost in the last 40 years 2138 01:39:08,109 --> 01:39:10,153 of deregulation and privatization 2139 01:39:10,278 --> 01:39:11,738 and the corporate takeover 2140 01:39:11,863 --> 01:39:13,448 of our political culture 2141 01:39:13,573 --> 01:39:15,033 and our political system. 2142 01:39:16,201 --> 01:39:18,787 [Kshama] It is starting to dawn on society 2143 01:39:18,912 --> 01:39:20,413 as a whole that we're not 2144 01:39:20,538 --> 01:39:22,290 going to go back to the old normal. 2145 01:39:22,415 --> 01:39:23,708 There's no such world 2146 01:39:23,833 --> 01:39:25,961 because the pandemic has revealed 2147 01:39:26,086 --> 01:39:28,880 that the system is incapable 2148 01:39:29,005 --> 01:39:30,882 of addressing even the most basic needs 2149 01:39:31,007 --> 01:39:32,050 of our society. 2150 01:39:33,134 --> 01:39:36,638 [narrator] Then, as this film was being finished, 2151 01:39:36,763 --> 01:39:39,265 George Floyd is brutally killed by police. 2152 01:39:40,100 --> 01:39:42,519 A flashpoint that ignites an uprising. 2153 01:39:42,644 --> 01:39:44,187 [newscaster 1] Thousands took to the streets, 2154 01:39:44,312 --> 01:39:46,481 demanding justice for George Floyd. 2155 01:39:46,606 --> 01:39:48,358 [newscaster 2] The death of a Black man pleading 2156 01:39:48,483 --> 01:39:50,485 that he can't breathe, as a white officer 2157 01:39:50,610 --> 01:39:52,237 was kneeling on his neck. 2158 01:39:52,362 --> 01:39:54,322 Justice! Now! 2159 01:39:54,447 --> 01:39:56,199 Black lives matter! 2160 01:39:56,324 --> 01:39:58,660 [Keeanga-Yamatta] Imagine how angry, desperate 2161 01:39:58,785 --> 01:40:02,080 you would have to be to come out and protest 2162 01:40:02,205 --> 01:40:04,916 in the historical pandemic 2163 01:40:05,041 --> 01:40:07,335 that has had a disproportionately 2164 01:40:07,460 --> 01:40:08,837 horrendous impact 2165 01:40:08,962 --> 01:40:10,171 in Black communities. 2166 01:40:10,296 --> 01:40:12,757 Take your knee off our necks! 2167 01:40:12,882 --> 01:40:14,634 [crowd] Take your knee off our necks! 2168 01:40:15,385 --> 01:40:18,179 [William] The [indistinct] just trying to breathe 2169 01:40:18,304 --> 01:40:20,849 because of the weight of poverty on our neck, 2170 01:40:20,974 --> 01:40:22,809 and the denial of health care on our necks. 2171 01:40:24,519 --> 01:40:26,563 Because what's happening is, metaphorically, 2172 01:40:26,688 --> 01:40:28,940 the whole culture's saying, "We can't breathe." 2173 01:40:31,609 --> 01:40:34,904 [narrator] Despite sometimes brutal police repression, 2174 01:40:35,030 --> 01:40:36,906 the protests grew 2175 01:40:37,032 --> 01:40:39,159 and began to target broader injustices 2176 01:40:39,284 --> 01:40:40,994 and distorted priorities. 2177 01:40:41,119 --> 01:40:42,912 [woman] Look at the gear 2178 01:40:43,038 --> 01:40:44,622 and the equipment that they have 2179 01:40:44,748 --> 01:40:47,459 compared to hospital workers 2180 01:40:47,584 --> 01:40:49,961 dressing themselves in garbage bags, 2181 01:40:50,086 --> 01:40:53,006 being forced to use the same N95 masks 2182 01:40:53,131 --> 01:40:54,466 for weeks at a time. 2183 01:40:56,134 --> 01:40:57,927 [narrator] The protests quickly became 2184 01:40:58,053 --> 01:41:00,680 about more than racist policing: 2185 01:41:00,805 --> 01:41:02,432 confronting the echoes 2186 01:41:02,557 --> 01:41:04,684 of corporate capitalism's racist past. 2187 01:41:05,602 --> 01:41:08,938 Capitalism is racial capitalism. 2188 01:41:10,106 --> 01:41:13,026 The industrial revolution, which pivoted 2189 01:41:13,151 --> 01:41:15,070 around the production of capital, 2190 01:41:15,195 --> 01:41:18,907 was enabled by slave labor in the U.S. 2191 01:41:19,032 --> 01:41:21,451 [crowd cheering] 2192 01:41:21,576 --> 01:41:23,203 [newscaster] There are calls to rethink 2193 01:41:23,328 --> 01:41:25,663 who we choose to honor from our past. 2194 01:41:26,706 --> 01:41:29,125 Monuments to men who were once honored, 2195 01:41:29,250 --> 01:41:31,878 now viewed by a new generation as symbols 2196 01:41:32,003 --> 01:41:33,922 of racism and colonialism. 2197 01:41:35,090 --> 01:41:37,133 [William] People are protesting because they know 2198 01:41:37,258 --> 01:41:38,760 it don't have to be like this. 2199 01:41:39,552 --> 01:41:42,680 People only protest what they believe can be changed. 2200 01:41:42,806 --> 01:41:44,474 If folk didn't protest, 2201 01:41:44,599 --> 01:41:46,559 that meant we really would be in trouble. 2202 01:41:47,727 --> 01:41:49,687 [woman] I don't believe these are just protests 2203 01:41:49,813 --> 01:41:51,648 against police brutality. 2204 01:41:51,773 --> 01:41:55,026 We're seeing the convergence of a class rebellion 2205 01:41:55,151 --> 01:41:57,821 with racism at the center of it. 2206 01:41:57,946 --> 01:42:00,073 I believe without a doubt 2207 01:42:00,198 --> 01:42:02,117 that change will come from this protest. 2208 01:42:02,242 --> 01:42:04,285 It is not just Black people. 2209 01:42:04,410 --> 01:42:07,539 [William] We can't be the same coming out of this. 2210 01:42:07,664 --> 01:42:09,499 Too many people are suffering. 2211 01:42:09,624 --> 01:42:12,460 We must make our political system respond. 2212 01:42:12,585 --> 01:42:14,087 We must do it in our deepest moral 2213 01:42:14,212 --> 01:42:16,089 and [indistinct] traditions. 2214 01:42:16,214 --> 01:42:17,841 But it must not be weak. 2215 01:42:17,966 --> 01:42:19,425 It has to be strong. 2216 01:42:19,551 --> 01:42:21,469 It has to last for an election 2217 01:42:21,594 --> 01:42:23,012 and beyond an election. 2218 01:42:25,056 --> 01:42:27,642 [breath exhaling] 2219 01:42:27,767 --> 01:42:30,019 There is a whole new spirit out there 2220 01:42:30,145 --> 01:42:33,857 that's saying, "500 years of colonialism is enough. 2221 01:42:33,982 --> 01:42:37,694 200 years of corporate rule is enough. 2222 01:42:38,736 --> 01:42:41,364 200 years of the building 2223 01:42:41,489 --> 01:42:44,284 of a fossil fuel age is enough." 2224 01:42:44,409 --> 01:42:47,203 I see people who are waking up to the realization that, 2225 01:42:47,328 --> 01:42:49,581 no, you don't go start an app 2226 01:42:49,706 --> 01:42:51,291 if you want to change the world. 2227 01:42:51,416 --> 01:42:53,168 You actually try to change the world and de-rig 2228 01:42:53,293 --> 01:42:54,919 a rigged system. 2229 01:42:55,044 --> 01:42:57,755 And in a moment like this, if you're not working 2230 01:42:57,881 --> 01:43:00,758 at that level on those kinds of things, 2231 01:43:00,884 --> 01:43:03,136 you have to really ask yourself, 2232 01:43:03,261 --> 01:43:05,096 "What was your role in this moment in history?" 2233 01:43:06,347 --> 01:43:08,016 We've been here before. 2234 01:43:08,141 --> 01:43:12,020 We've been at a place where my ancestors 2235 01:43:12,145 --> 01:43:14,606 were bought and sold for profit. 2236 01:43:15,815 --> 01:43:17,275 We've been at a place 2237 01:43:17,400 --> 01:43:20,445 where people routinely died on the job, 2238 01:43:20,570 --> 01:43:22,280 and over time, 2239 01:43:22,405 --> 01:43:25,950 movements of ordinary people have broken the chains, 2240 01:43:26,075 --> 01:43:27,911 and have held corporations 2241 01:43:28,036 --> 01:43:29,787 and powerful people accountable, 2242 01:43:29,913 --> 01:43:32,373 and changed the rules so that more people 2243 01:43:32,498 --> 01:43:35,043 can flourish and feel truly free. 2244 01:43:35,168 --> 01:43:37,128 I think we are in the midst of another one 2245 01:43:37,253 --> 01:43:40,340 of those movements right now, where a lot of people 2246 01:43:40,465 --> 01:43:42,926 all across the world are saying, 2247 01:43:43,051 --> 01:43:44,594 "Enough is enough." 2248 01:43:44,719 --> 01:43:46,512 [breath exhaling] 2249 01:43:46,638 --> 01:43:48,598 [upbeat electronic music] 2250 01:43:48,723 --> 01:43:53,728 ? 2251 01:44:23,258 --> 01:44:28,263 ? 2252 01:44:57,000 --> 01:45:02,005 ? 2253 01:45:31,200 --> 01:45:36,205 ? 2254 01:46:05,360 --> 01:46:10,365 ? 2255 01:46:38,851 --> 01:46:42,563 ?