Coverart for item
The Resource Follow the money, produced by YLE, (electronic resource)

Follow the money, produced by YLE, (electronic resource)

Label
Follow the money
Title
Follow the money
Statement of responsibility
produced by YLE
Contributor
Subject
Genre
Language
eng
Summary
Introducing himself as a middle aged, middle income man, Timo Harakka is a Finnish Michael Moore, though less abrasive. He sets out to track a small investment he made in a Far East Fund. He travels to Copenhagen to meet with the portfolio manager who acts as his amused guide through the morass of global investment. He learns he is invested in 55 companies in the 'digital universe'. Timo decides to discover where his money has gone and what effect it has made in different areas of the world. Timo's first stop is Seoul, where his investments include Samsung electronics. Here he finds a massive corporate city where thousands work in production lines, no unions are permitted, and smaller enterprises have been driven out of business. The fund has also invested in gigantic discount chains that have put "mom and pop stores" out of business. In China he notes that the Beijing airport is privatized. He travels to one of many industrialized zones where he is proudly shown plans for a gigantic Underwear City, which will supply the world with undergarments. In all the manufacturing plants he visits, Timo notices that unions are not allowed, and employers bear no responsibility for industrial injuries, which are plentiful. A trip to India shows him that India's manufacturing is going to be bigger even than China's. When all the manufacturing is done in the "underdeveloped countries," what will the West contribute, he wonders? The answer that is offered is "research and development" and intellectual property rights. From this follows a discourse on the importance of "branding." In Mozambique Timo sees factories closed down because the International Monetary Fund and the World Bank found it more profitable to invest in Asia. The unstable political situation makes investment in Mozambique too risky. Timo's tour around the globe leads him to conclude "money is managing us ... the global financial system is beyond control; everything has a price"
Additional physical form
Previously released as DVD.
Cataloging source
VaAlASP
Characteristic
videorecording
Intended audience
For College; Adult audiences
Language note
This edition in English
http://library.link/vocab/relatedWorkOrContributorName
Yleisradio Oy
Runtime
76
Series statement
Global business and economics in video
http://library.link/vocab/subjectName
  • Finance
  • Investments
Target audience
general
Label
Follow the money, produced by YLE, (electronic resource)
Link
http://www.aspresolver.com/aspresolver.asp?BUSV;1641280
Instantiates
Publication
Note
Title from resource description page (viewed May 24, 2011)
Antecedent source
file reproduced from original
Control code
ASP1641280/busv
Dimensions
unknown
Extent
1 online resource (76 min.).
Form of item
electronic
Isbn
9781503406865
Medium for sound
other
Reformatting quality
access
Sound on medium or separate
sound on medium
Specific material designation
  • remote
  • other
System control number
  • (Sirsi) i9781503406865
  • (OCoLC)784652363
Video recording format
other
Label
Follow the money, produced by YLE, (electronic resource)
Link
http://www.aspresolver.com/aspresolver.asp?BUSV;1641280
Publication
Note
Title from resource description page (viewed May 24, 2011)
Antecedent source
file reproduced from original
Control code
ASP1641280/busv
Dimensions
unknown
Extent
1 online resource (76 min.).
Form of item
electronic
Isbn
9781503406865
Medium for sound
other
Reformatting quality
access
Sound on medium or separate
sound on medium
Specific material designation
  • remote
  • other
System control number
  • (Sirsi) i9781503406865
  • (OCoLC)784652363
Video recording format
other

Library Locations

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