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Commanding Heights

Posted by $ MikeMarotta 10 years, 8 months ago to Video
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This ran on PBS a decade ago in three installments. You can buy the DVD boxed set. I got mine from the library.
From the website:
"Episode One:The Battle of Ideas" -- Two individuals emerge whose ideas, shaped by very different experiences, will inform this debate and carry it forward. One is a brilliant, unconventional Englishman named John Maynard Keynes. The other is an outspoken émigré from ravaged Austria, Friedrich von Hayek. ... For more than half a century the battle of ideas will rage. From the totalitarian socialist systems to the fascist states, from the independent nations of the developing world to the mixed economies of Europe, and the regulated capitalism of the United States, government planning will gradually take over the commanding heights. ... When a British grocer's daughter and a former Hollywood actor become heads of state, they join forces around the ideas of Hayek, and new political and economic policies begin to transform the world.

Episode Two:The Agony of Reform -- "From Bolivia and Peru to Poland and Russia, the free-market policies of Thatcher and Reagan are looked to as a possible blueprint for escape. One by one, economies in crisis adopt "shock therapy" -- a rapid conversion to free-market capitalism.

As the command economies totter and collapse, privatization transfers economic power back into entrepreneurial hands, and whole societies go through wrenching change."

Episode Three:The New Rules of the Game -- "With communism discredited, more and more nations harness their fortunes to the global free-market. China, Southeast Asia, India, Eastern Europe and Latin America all compete to attract the developed world's investment capital, and tariff barriers fall. In the United States Republican and Democratic administrations both embrace unfettered globalization over the objections of organized labor. ... Yet prosperity continues to spread with the expansion of trade, even as the gulf widens further between rich and poor. Imbalances too dangerous for the system to ignore now drive its stakeholders to devise new means to include the dispossessed lest, once again, terrorism and war destroy the stability of a deeply interconnected world."
SOURCE URL: http://www.pbs.org/wgbh/commandingheights/lo/index.html


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