For the first time in Greece a documentary produced by the audience. “Debtocracy” seeks the causes of the debt crisis and proposes solutions, hidden by the government and the corporate media.
A documentary that tracks the evolution of global capitalism from the ’70s until today, considering the position of Greece in the global economy but also the traps of the so called “free market system”, such like… debt! It also explains “the concepts of pernicious and illegitimate debts of the Greek economy”, after talking to economists, journalists, intellectuals, politicians and other specialists from around the world such as David Harvey, Samir Amin, Kostas Lapavitsas, Gerald Ntimenil, Alain Badiou, The President of CADTM Eric Toussaint, the Argentine director Fernando Solanas, journalists as Avi Lewis (writer / director of the documentary The Take – The seizure), Jean Katrmer (Liberation), the Second World War Greek Veteran Manolis Glezos and the vice president of the German left party “Die Linke” Zara Vagkenknecht.
Aris Hadjistefanou and Katerina Kitidi, inform us of similar situations prevailed in some Latin American countries, such as Argentina and Ecuador, countries that also faced unbearable debt. Through shining descriptions and interesting analysis, we see the disastrous effects of the International Monetary Fund dominance in the living standards of those countries. The imposed austerity measures had as a result that whole populations confronted the nightmare of mass unemployment and poverty.
In Ecuador, however, the Socialist government of Rafael Correa, set up a Commission of Public Dept, as an alternative solution. A similar effort could begin in Greece, with dozens of international known intellectuals, such like the American linguist Noam Chomsky, signing in favour. Nevertheless, the Greek ruling party (PASOK) refuses to implement such a plan, while its leadership constantly has threatened with expulsion members who are against the IMF memorandum.
Debtocracy International Version by BitsnBytes