“Encirclement” is a look at how the neo-liberal movement is kinda undermining financial independence from the country. The documentary was originally produced in 2008, but it hits upon several big points that permeate into 2017. Basically, you can’t have a one-size-fits-all attitude when it comes to governance. Plus, you can’t set unrealistic goals on a financial institution and expect the agency to survive.
Oncle Bernard and Noam Chomsky pop in to give their opinions, but most of the material is very typical for economic students. The main biting point it keeps making is that dogma can’t become propaganda. When that happens, dialogue ends and nothing can move forward. Is any of this sounding familiar? It’s kinda scary.
In 2008, Western economics were telling audiences that you can’t politicize societal fundamentals without jeopardizing forward progress. The Soviets did that under Stalin and undermined the Communist Revolution before it could develop. But, what do you do when a modern audience won’t accept the concept of an Invisible Hand anymore? It’s a decade later and nobody can answer that. So, pick up this documentary and become frightened by Encirclement.
- 1.33:1 standard definition transfer
- Dolby 2.0
RELEASE DATE: 9/26/17
The Plot Thus Far
Drawing upon the thinking and analyses of renowned intellectuals, Encirclement sketches a portrait of neo-liberal ideology and examines the various mechanisms used to impose its dictates throughout the world. Neo-liberalisms one-size-fits-all dogmas are well known: deregulation, reducing the role of the State, privatization, limiting inflation rather than unemployment, etc. In other words, depoliticizing the economy and putting it into the hands of the financial class. And these dogmas are gradually settling into our consciousness because theyre being broadcast across a vast and pervasive network of propaganda. In fact, beginning with the founding in 1947 of the Mont Plerin Society, neo-liberal think tanks financed by multinational companies and big money have propagated neo-liberal ideas in universities, in the media, and in governments. This ideology, convinced of its historical and scientific validity as proven, in particular, by the fall of the Soviet Union has intoxicated all governments, left and right alike. In fact, since the end of the Cold War, the rate of neo-liberal reforms has increased dramatically. Often imposed with force, either through the structural adjustment plans of the International Monetary Fund (IMF) and the World Bank, under the pressure of financial markets and multinationals, or even by outright war, the neo-liberal doctrine has now reached every corner of the planet. But behind the ideological smokescreen, behind the neat concepts of natural order and the harmony of interests in a free market, beyond the panacea of the invisible hand, what is really going on?