Saturday, July 24, 2010

Generation Zero



The current economic crisis is not a failure of capitalism (trade without government intervention unless violence is engaged), but a failure of culture. Generation Zero explores the cultural roots of the global financial meltdown - beginning with the narcissism of the 1960's, spreading like a virus through the self-indulgent 90's, and exploding across the world in the present economic cataclysm.The Great Depression Generation's efforts to prevent their children from having to suffer the horrors of The Great Depression and World War II, overly nurtured and protected them, unwittingly instilling in them an outlook of selfishness and irresponsibility.

The Greatest Generation also put into place many institutional protections against the kind of financial recklessness that led to the Great Depression. After they all retired and died, the documentary alleges these protections and rules were gradually removed or ignored, and the financial crisis of 2008 happened as a result of the next generation's selfishness and irresponsibility.

It suggests the generation that grew up as the hippies of the 1960s eventually came to power and promoted their outlook upon the financial markets, taking reckless risks -- because having enjoyed prosperity all their lives, they believed there could be no downside to their decisions.

Generation Zero goes beneath the shallow media headlines and talking head sound bites to get to the source of today's economic nightmare. With a cutting edge style and haunting imagery, this must see documentary will change everything you thought you knew about Wall Street and Washington.

Featuring experts, authors, and pundits from across the political spectrum, Generation Zero exposes the little told story of how the mindset of the baby boomers sowed the seeds of economic disaster that will be reaped by coming generations.

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