Joris Luyendijk is a journalist and a publicist with a banker’s weblog on The Guardian. For this episode of VPRO backlight, he dives into the monetary mind of the London Metropolis, and descends into the minds of the grasp bankers. A examine of adrenaline, testosterone, dependancy, and the magic of massive cash.
Unique title: Contained in the banker’s mind
5 years after the breakout of the monetary disaster, we nonetheless don’t have image of the injury. The credit score crunch was adopted by financial recessions, the EURO disaster, and vexatious political indecision. In the meantime, analyses, reviews, books, and movies have been made on how the monetary system has pushed us over the sting of the abyss, and we have now develop into aware of phrases like junk mortgage, derivatives, and bonus tradition.
However oddly sufficient, we all know little or no in regards to the gamers within the system: the bankers, the merchants, the inventors of toxic monetary merchandise, the Masters of the Universe. They had been important to the picture of the monetary growth when it was rampant, however largely stayed out of sight when the blows fell.
What can we even learn about this new, self-proclaimed elite, the French sociologist Michel Wieviorka requested himself in an earlier Backlight episode on the Metamorphosis of a Disaster. What are their targets, their desires, their fears, what’s their style, and the way do they work?
Initially broadcasted by VPRO in 2013.
© VPRO Backlight January 2013
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Director: Jos de Putter
Analysis: Gerko Wessel
Producer: Helen Goossens
Editors: Henneke Hagen and Frank Wiering
English, French and Spanish subtitles: Ericsson.
French and Spanish subtitles are co-funded by European Union.