Life and Debt

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Ethan T @RT27166968 10/04/2021 Life and Debt is a suitably urgent and angry documentary ripping into the hypocrisy of the powers behind globalization, although it slightly overstays its welcome and becomes more occupied with its own atmosphere than conducting its business snappily. See more 03/03/2014 *OFFFICIAL BETTER THAN EXTREMELY LOUD AND INCREDIBLY CLOSE SEAL* Why is this movie so condescending? *written and directed by Doc* I KNEW IT! See more 02/21/2013 the greatest example of globalization in action I have ever seen. See more 09/17/2011 A 2001 film showing how IMF and globalisation destroyed Jamaica and its unknown side, unknown for us that only know the country for its reggae, rasta and marijuana. Any similarities with 2001 Greece are purely coincidental and the display thereof is has not been intention of the author. See more 05/08/2011 On watching an award winning documentary â~Life and Debtâ(TM), I am quite shocked by how IMF and World Bank has arm twisted small nations (Jamaica) for decades as they are doing to India now. It appears like no one has learnt lessons from past failures upon sudden financial deregulation and currency devaluation on 3rd world countries. As many of you know, I have been crying foul over rampant corporatization, unregulated market centric growth which has widened the income gap to a rift and left Indiaâ(TM)s 750 million poor floundering in the shining India of the top 100 million. Life and Debt is a very important documentary for every world citizen but especially to my Indian friends because the structural adjustment policies at the roots of this ignominy in Jamaica (as captured in Life and Debt) have striking resemblance to what has happened in India over last decade. Just like small farmer in Jamaica is encouraged/forced by policies and international agreements to grow pepper, Indian farmer is advised to grow cash crops like cotton both unsuitable for individual circumstances. European and American farm produce is highly subsidized while Jamaican and Indian governments are forced to remove all subsidies to their farmers and then they have to compete with European products in the open market. There is also a parallel between exorbitant interest rates for small farm loans in India and the interest rates enforced by IMF for loans to Jamaican farmers. In more ways than one, Jamaican farms serve as a laboratory for policies in a large country like India. Why will the policies that left Jamaica in utter poverty leave majority of Indians any different. Is it worth it? Is it worthy fattening the top 100 million at the cost flattening the bottom 750 million? - Nitin Sonawane See more 04/06/2011 Globalization and free trade is a tragic joke that ruins local economies. See: Haiti and Jamaica for examples. See more Read all reviews

Life and Debt

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