Growing Economy, Miserable Citizens: Why Are Rich Countries So Unhappy? | ENDEVR Documentary

foreign [Music] had a great childhood I have two amazing parents that gave me everything I needed I thought I could fly when I was young I mean we were poor but it was so much loved it we didn't really notice [Music] we grew up at an environment where you never really knew what was going to happen and that creates a lot of uncertainty compared to previous generations okay it might be a bit skinned we might not be able to afford the best pair of shoes but we're not living in poverty we make plenty of money like we make plenty of money it's not like we won the lottery and moved into a big fancy neighborhood my integrity is what I have you know a long time ago people's word and integrity meant a lot I grew up happy in the Appalachian Mountains we had good Christmases we had love I was normal but now what the hell am I now [Music] can you hear me [Music] no challenge is more urgent we can either settle for a country where a shrinking number of people do really well while a growing number barely get by where we can restore an economy where everyone gets a fair shot and everyone does their fair share and everyone plays by the same set of rules [Applause] [Music] these United States are confronted with an economic Affliction of great proportions it is time to reawaken this industrial giant to get government back within its means and to lighten our punitive tax burdens on these principles there will be no compromise foreign what's happening are you going back to work or not all-out War by the council workers another industrial dispute this time the Lorry drivers has led to some Panic buying in the shops and markets it felt that whatever the Government tried to do it wasn't necessarily making things better it might be making things worse I did think that the free market would produce the resources that could make everybody better off the argument was that if you did these things we will get rid of unemployment there'll be more investment there'll be more income that will trickle down water without big Rewards people like me are not going to work 15 to 20 hours a day in order to get rich [Music] in graduate school my doctoral years I was told psychologists five to ten years into practicing on average we're making a hundred thousand dollars a year and I was like that sounds awful that was like kind of like my incentive to be like the top one percent I'm not in the top one percent in terms of the world it's maybe in just the psychology world I choose this I choose to drive I could take a train in directly into the city I just feel like that's one extra time that I could get sick being in an enclosed area with lots of strange you know in the public it's like I don't I can't afford to be sick at this point in my career I every day counts while I'm trying to save for this house foreign get my coffee with espresso shot in it my red eye and I walked directly to my office usually here five minutes to 11. and turn on the lights here sit down and I go bang bang bang one session after the next it's non-stop it's not like I leave I can't leave this little box of an office I don't have anyone to talk to like I never need to leave the building other than to get lunch which I pray to do every once in a while to get to sit alone at a counter at a diner across the street and that to me reading the New York Post is heaven foreign [Music] [Music] [Music] my day starts on Sunday and doesn't end until the following Friday because once Monday here I'm up Eddie Eddie just like this it's a constant battle everything creates a little bit of stress thank you I'ma tell y'all one more time [Music] don't come in that door no mouth shut it down when I get in real stress mode I might smoke about four or five cigarettes I don't know but you can't drink on your job because if that was the case I'd have a flask at work we have potato wedges or green beans or sweet loose corn or macaroni and cheese okay um there's something you said sweet loose corn macaroni and cheese potato wedges or green beans okay and what I'm gonna do is mashed potatoes look can you make up your mind what you want and help you you know I'm on this end now help me please we're doing okay okay I know a little slight interruptions I know y'all bleep them out if you can Sunderland over one in four men are important were announced last week think of differences started widening rapidly from the mid 80s onwards but the weaker trade unions are the more inequality there is it's a very striking relationship today's unemployed are the victims of yesterday's mistakes but that's the past the government's getting inflation down interest rates down reforming Trade union law cutting regulations and moving restrictions [Music] the balance of power between employers and employees shifted in favor of employers I think that happened and I think it was a deliberate result of policy [Music] thank you foreign [Music] [Applause] [Music] [Music] oh yeah [Music] oh it's a team for the kids they might still be in bed when I go to work and then when I come home the back to bed and I know it just bores the life out of them because they can't do much [Music] foreign [Music] [Music] it's awful but you think to yourself because you're gonna lose a lot of hours if if you don't get something to fill that Gap anything else I can do farewell I'm here no that's fine thank you again will she tomorrow yeah I'm probably going to be a bit late tomorrow I mean it's Saturday right the way service is a commissioned out people are seen as units for sale sold to the lowest bidder half an hour to get somebody up get them washed get them dressed give them the meds and have a meaningful conversation it doesn't work how long have you got for this one I'm gonna be 20 20 25 minutes in here people look on your own is that all you do no no it's not all I do I'm not just a carer I'm a carer [Music] [Music] stay away from me Blues why don't you let me [Music] not know why you keep on holding me we had went to where my husband was from and we had decided we were you know I'm gonna um have our you know have our own business and everything and that was you know where we started we had we had a so we bought a video store and when Walmart got into video business it really just killed it for the mom and pop stores you know we didn't have the volume of uh what Walmart would have so um after five years we ended up closing it I was in the Walmart one day and they had a sign um they were hiring and I thought well you know go put an application in and when they called I was really surprised and I was even more surprised how good of a company it was to work for any extra effort you put forth they appreciated it the managers would just come in and say I saw what you did and hey that you know thank you until the changes came the focus of the company went to cutting operational expenses less people to do the work but yet the same amount of work we have to go to work soon oh two o'clock and I think I go at four today 3 30 today's the fourth you see every day you're like what time do I go don't you think that is just nerve-wracking I know and I'm not the only one I've talked to people across the country and they do the same thing you know it's like what time do I go to work you would not believe how much stress that puts in your life [Music] we are living through a moment of absolutely astonishing transformation all of you know that the information and Technology explosion will offer to you and to the young people of the future more opportunities and challenges than any generations of Americans has ever seen it's a stock market boom not seen since the heady years of the 1980s the Dow Jones index up by almost a quarter in just 12 months with record profits and million dollar bonuses appearing in paychecks once again what's really changed is that if you were once the CEO of a company your company served the local market now most markets that are important are Global in scope if you're the CEO of Apple computer and you make the company three percent more efficient than it would have been you've added 1.2 billion dollars to the company's bottom line your economic value has just grown explosively we're really pleased to report that this quarter we earned 106 million dollars Gates of Microsoft is now worth 29 billion dollars up 10 billion got more of Intel computers 6.7 billion Up 3 billion and Bill Hewlett of Hewlett-Packard a personal Fortune of 4 billion up a billion all in just six months if you end up at the top of this process then you do have a justification for what's happening to you the market is an efficient way of allocating resources it's allocated a lot of resources to me and that me must be an efficient result it must show that I'm hardworking and clever and in quotes deserve what I'm getting very few people have the mental resources the energy I mean look look at me here I am I'm creating an African art collection I'm creating companies my youngest child is three I'm 70 years old I have four children 13 and below so what does that say about me I mean I'm out there creating there are a lot of things that perpetuate inequality economic systems governments policy one of the things I would argue is also psychology how people think the kinds of things that they value inequality is rising but people aren't aware of what they're doing to contribute to that foreign [Applause] most of the gated communities are either on a golf course or our Golf Course adjacent some of the amenities are really great really great but for some people it really it is about living behind a gate well I live behind a gate and you do not live behind a gate and look at how much better it is that I live behind a gate [Music] honey we didn't buy this house to one-up our friends who didn't buy a house behind the gate but we had a lot of friends that really thought we did we had friends that were like no we won't come and visit we won't come and see you we won't kind of that you moved over there we moved over here it's really sad it's really sad in general everyone pretty much keeps to themselves [Music] do you want the bananas for your beef burger sandwich no so we don't know anything about our neighbors I ain't nothing I found another hamburger one of the things that for a couple of our neighbors has really bent them out of shape is that we haven't hired a gardener so this Neighbor comes out and stares at me visibly pregnant raking leaves is just staring and he yells from across the street you know only poor people only only poor people rate their own leaves how excited are you to take that Jaguar be nice how excited are you to see the house I'm very excited I think this community is going to be like more young people that are like us so it's like I'm gonna meet a whole new crew of young dads who are going to want to play football and softball with me and tennis and I feel like this is the best community that we could ever have wanted it has everything it has the great School District I mean I think we've really lucked out Greg was even talking to someone the other day and he was like it's like a place where there's tennis courts there's a pool there's a guard gate there's like you know there's a lot of young people and he goes oh it must be Boulder Ridge and Greco's yeah that's it so it's like a well-known it's like it's this is like a diamond in the rough place this is like the best place in Westchester that's amazing yeah everyone bases where they live around schools we're going to be sending our girls to a school in Ardsley one of the top school districts in the nation and it's going to be a great quality of life and a great environment with great Future Families to meet and and I think it's going to be funny because I'll end up finding a lot of Wall Street characters living there hello I met in these gated communities people who just say You Know Rich I just want my kids to attend safe schools I just want my property values to stay stable I just want uh the beautiful amenities of Life private Parks private bike paths private lakes and so they're not so aware of the way privilege works on their behalf what are we going to see first okay so we're now in Boulder Ridge we're in Boulder Ridge it's a large community with hundreds of homes it has a gatekeeper 24 hours a day so nobody can enter here without it being known who they are right that means that it's Crime Free that's great I gonna make me feel safe when I go on my speeches out of town to know that someone and the girls are protected exactly nice cars here I think this is the perfect place for you once you reach a certain tax bracket there's this expectation that you will just kind of keep up whatever the appearance of the tax bracket is cars are a big deal most people drive a Mercedes or BMW or if they do drive an American car it is the newest possible version of whatever we drive BMWs it's not that we have decided to drive a 1988 Hyundai I'm very happy with the fact that my car just rolled 200 000 miles it means I've taken care of something I paid a lot of money for that's not what you do here you buy something you use it for like six weeks and then you get rid of it and buy the newest version of whatever the IT thing is foreign [Music] [Music] people have always been kind of obsessed with wanting things the car they drive the clothes they wear the same way you want to leave your house looking good because people judge you on what you look like or what you're wearing like foreign Executives athletes and entertainers they expect a certain presentation style so I have to keep up of certain image in their eyes so that they respect me and value my opinion so you know I I definitely let my wife help me sometimes with the Styles brand names and stuff like that but she seems to be very good getting me dressed for success but I'm a big believer in that if you dress well every day you actually feel like you're more powerful and you feel like you're more successful and sometimes you can like dress your way to success in essence I've seen people get out of depression just by just looking good about the guy that's good at all and you become the guy that's gonna fake it till you make it okay [Music] foreign [Music] [Applause] mode of transportation when you're in the neighborhood is a golf cart everyone gets to kind of show off their golf cart and they'll be golf carts with off-road wheels and they'll be golf carts with little kids and there will be golf carts with kits that you plug on to the front of it to make it look like a Mercedes people will dump 10 20 000 into a golf cart most Americans are fair-minded and they won't say I'm going to a gated community to flee brown people most people don't think like that they're simply saying that the perceived sense of safety the higher property values that's why I'm moving to these communities it has nothing to do with race and so there's a divide and that's how you segregate a community those who aren't perceived to fit in are not accepted people who did not golf people who did not go to a certain Church those types of people often felt excluded nope we're not gonna go no hey hands thank you I appreciate this very good listening when Max was little where we lived before there was a park at the End of the Street the kids would all play together and everyone had a good time together and all of this you know that's not the way it is here okay a bunch [Music] there you go we at least ethnically look like the vast majority of our neighborhood and I still have not come to terms with the fact that my kids are perceived as the different ones not too near the swings I don't need you to get kicked in the head today I have perfectly normal looking blonde head blue-eyed nice kids and this girl ran in fear screaming from Max the playground just ran and she kept screaming it at him how horrifying he was and her mom was like yep it's okay honey I know something is wrong with this Dynamic if my totally normal kid cannot make a friend at the playground [Music] there has been more than one day that I've called Ryan just in tears I don't think I can't take my kid to the park [Music] New York is booming with conspicuous consumption very much back in fashion the luxury car dealerships can hardly remember a time like it do you believe that an individual can earn too much money what you mean that we should sort of cap someone's income hmm not really no why what's the point what we know has happened is that people at the top of the income ladder have gotten all the income gains that have occurred during the last 30 years people in the middle of the income distribution they've run down their savings they've run up much more debt every conceivable margin you can work just to hold your place in the queue you can borrow up to one thousand pounds for up to 31 days it's the perfect way to help manage your short-term cash flow government figures released today show a record number of people are insolvent if you don't pay or contacts us within seven days our collections team may arrange for an agent to contact you and visit your home the latest date the first and it's the names today and when when does she's gonna cook within seven days just to go on the front of them to November and it's just how much oh yeah my catalog bill is between three and a half four thousand pounds but then I use that for stuff that you know when the kids need new coats new shoes I've got no money left you've got ah I've got to get it from somewhere everything's so much more expensive and lucino she wants a computer and you feel so you have to do those things for them because their friends are getting them and they're gonna look like the odd one out if they don't get them another cuddle too you've got a cut back scooter rolls on the phone when I've missed the dinner money payments that happens quite a lot then I done people went from pretty simple Financial lives pre-1980 to the point now where people are just totally submerged in their financial accounts and they're all in debt debt to us might seem oh you know I need this loan to go to school or need this loan to buy a house but to Wall Street it's just a product that they can buy and sell and package and so it's just another way for them to get as much profit as they want and they treated as such and they treat it like a game hello I'm at work right now can I call you later but I did make the payment on the third all right five five four thank you man all right you have a blessed day bye-bye all right third quarter that's crazy people been giving y'all dollars all weekend I owe a couple of dead companies now and the only thing I can do is they gotta wait in line I have to pay for two weeks and then pay half of the rent and pay the late fee on that and just juggle I gladly pay you Tuesday for a cheeseburger today you know but that's the way it is man hey there what his house called him Joe who said of his bills there's too much we owe we just need a loan that will last till payday so they logged on to dollars direct.ca dollars direct.ca is fast and convenient just be 18 years or older have regular employment and direct deposit dollars direct.ca apply and get cash the same day one of the things that I'm going to talk about a little bit today is how to create a more secure America by achieving the goal of five and a half million new minority homeowners you certainly don't want there to be a fine print preventing people from owning their home once Wall Street figured out that they could create these mortgage products they were like wow this is the deal of a century we need to make more of these this is always the big um it's the way that the economy is is set up housing values tend to go up and so it's a major component of of your retirement and so losing your house you can find yourself in a position where instead of being able to retire you just might have to continue working and you go to buy a house you're really making a bet with hundreds of thousands of dollars that this this place is going to hold its value and that everything is going to work out houses that fall really drastically behind the trend um I have a really hard time selling and when they do sell they sell for Less I think it would be more pressure if we were actively looking to sell our house today we just try to kind of keep up and make sure that we don't fall really far behind good afternoon hi hi I'm Karen Hobart hi I'm Jen I'm the owner of Rancho Miranda homes and land real estate it's a pleasure glad you made it this is listed at 429 900 and it's on a 0.25 of an acre quarter acre lot and they have they've done so many upgrades it's basically a brand new home but it was originally built in 1981. what I like about it watch your step is they've done all the new laminate flooring they did not do the windows so we have single pane windows dual pane windows just in this room but they put an entire new heating and air conditioning system that was twelve thousand dollars now I have to show you how fantastic these cabinets are they're they're the full extension cabinets oh yeah and the uh self-close with the damper hook up for a gas this one does have propane it's copper lime and all the houses have a different character in a different style especially that one it's a nice looking house and that one pretty the Mediterranean yeah it's just got a nice style to it so this is absolutely one of the best streets in Rancho Murieta it's completely quiet you'll never really see anybody going by but the people that live here and the most expensive homes in the neighborhood are down the street yeah and on the lake okay well come on in let's see what you think that first house has hands down has the highest per square footage yeah I don't feel like you're getting a lot for that exactly by significant margins but I feel like at least if you look in comparison to where our home is at I feel like we're fine if we did find ourselves in a position where we needed to list the house we are still we're just fine yeah more days than not my first patient will probably be at 11 o'clock which means that I would get up around eight get my workout gear on and go for a run I'd go running for about 45 minutes to an hour loving running outside I know I pushed myself but there's really no option other than pushing myself you know your back's against the wall when you have to make a mortgage payment he just had back surgery and he literally worked the next day didn't skip a beat had surgery Wednesday I worked Thursday Friday went into the office on Monday he had a sick day he couldn't go into the office and make money so it's important obviously that he stays healthy for himself for a family and for his client the government had been collecting data that showed there have been these huge class differences in life expectancy and people didn't really believe the data even people working in important positions in the Health Service didn't know whether death rates were highest at the top or the bottom from the capitalistic principle which I put my smoke back on his face but I couldn't get it so I say okay for goodbye to all but one of my principles and start conversing off the floor that led me to the slippery Road wasn't always this way I guess it started on the day they called the Cottons on the casket and she flew away and left me here grounded cuddling on the truth pain my biggest ambition in life trying to get through a day my mum was 36 when she died if I keep drinking that's me imagine that being dead at 36 [ __ ] sake all of the things that I need to do to try to lengthen my life which is already cut short because I was born in Pollock if I make it to 70 I'll be lucky and that's if I eat salad every day now of course because of a growing body of research people know that unemployment and poverty and have health consequences instead of the former idea that it was businessman stress that led to the worst health problems [Music] a lot of health problems everything from my blood pressure to AIDS to hepatitis and all different kind of diseases around here [Music] any deck above ground is a good day that's what I've been told actually that's what I know you know if you can live to see it my daughter's father passed on the 23rd of last year so that kind of hurt me a little bit back to being a single mother he died of liver cancer yeah it was really sad it is it's a good thing I know he's in a better place he suffered for a while quite some time yeah I do we was together 14 years long time in Glasgow men living in the poorest part have a life expectancy of 54. in India three-quarters of the population live on two dollars a day or less no one in Glasgow lives on two dollars a day or less and yet men in the poorest part of Glasgow have life expectancy that's eight years shorter than the average in India and I thought aha that's it that's going to explain it being relatively disadvantaged as profound which deter High rates violent deaths alcohol heart disease so this is where I had my first um drink Outdoors it's a Friday night we came down what was it it was old a bottle of old Westminster and uh it's funny because like I ended up developing about my taste for a certain brand of fortified wine um but I remember just thinking this is disgusting why would anybody want to do this I wish I could become addicted to going to the gym and only and become addicted to fruit [Laughter] you know like phone in my sponsor ah man I went mad I don't need bananas my potassium fell off the chain oh alcohol gave me what I thought was confidence so it's that core belief that you're worth something that I am missing there's a painkiller for your spirit really [Music] is trying to escape in their own way used to trying to escape um by doing different things like marijuana and stuff like that um middle-aged people probably drink or do something to escape older people probably just don't care because they old they don't have to deal with that so but everybody's trying to escape something what he used to escape I use my bed my cigarettes and give me a little beer every now and again and that's about the size of it look at me a good movie and go to bed do you have a go-to when you've got a tattoo no we're actually ice cream I like ice cream sometimes I'll sit with a pint of that and eat until I can't eat no more until I'm stuffed I think you look good with a little meat on your bones yeah it means you're eating good at home I feel very anxious all the time and the nervousness is just even the customers say I don't smile anymore for example a man yesterday he told me he said you look like you need to calm down and I'm like I can't you know we was like you gotta have a heart attack and I'm like I know you got to help me [Music] I used to work and I would leave and I would uh go jogging at the gym and all this kind of stuff and everything and I got to wear instead I would rather come home and sit down and eat instead you know yeah you know I was walking out and I was like man it's been rough because we were so short-handed I was like I'm gonna go just go sit in my other vehicle and eat some chips till I come down you know but no that's the wrong things to do [Applause] if you take an economics course you're taught that markets are based on informed consumers making rational judgments you're supposed to turn on the television set take a look at the ads I mean are they trying to create informed consumers making rational choices a contrary they're trying to create uninformed consumers who will act irrationally and it's a huge industry one of the biggest industries in the country [Music] [Applause] the Texas Double Whopper eat like a man man people around here are uh kind of big yeah healthy that's what I'd like to say pleasantly plump [Music] don't you call me back [Music] oh I can't wait until Thanksgiving just seeing that turkey cause I got a ham and a turkey in there but if you've really fallen down a little about it are you tired yes I am I have to have my daughter I had congestive heart failure and actually literally died and um it took me two weeks to come out of the coma I'm just lucky that my heart still is beating long enough to do what it need to do you know but that's just making it weaker all right why did you start getting the high blood pressure um in 2004 can y'all shut up shut up and shut the door shut all the noise up everything needs to be shut everybody need to be sitting down and being quiet all right period come on okay back to me it just makes me sleep easy at night knowing if I'm home by myself with my kids that there's somebody watching over us [Music] foreign [Music] [Music] I would love to see more of all day I always say I wish I had a husband that worked a nine to five job you know where we were able to come home together at night and take care of the kids together but I I know that's not reality and I know he's providing a lifestyle for us that without him working as hard we couldn't have we know that financial distress is one of the main factors that sends people to see marriage counselors in the areas that saw the biggest increases in inequality we saw the biggest increase in divorce rates people in the middle are trying to make ends meet and in the process and experiencing an enormous amount of additional stress in their lives it's time for bad little calf little calf what happened today that made you last okay all right good mommy kissy after a week I'm exhausted I work all day and then I come home through two kids to feed and bathe and read too and kind of make up for all the hours that I wasn't home during the day yeah I love you bye [Music] that's awful I feel tremendous guilt not being able to see the girls and put them to bed and it's very frustrating when the girls are more used to her than me hey I'm exhausted I should die that's all right it was fun it was there yeah okay goodbye it was awesome how are you I'm good um this is a gotchi paper for all the criminals in the neighborhood so um page for page and tell you who've been arrested and what they done did and sometimes I'll be looking at him for my son's little friends because I don't want none of them to be having no future still while I'm I'm in there cooking that's just from people stressing out because the economy is so jacked up over here and that's why we end up with situations like these people for different felonious assaults and because they mad and frustrated can't get a job of breaking in them and trying to get into people houses or pure rage against another person wanting what somebody else has they'll just find anything to take the frustration out on because they ain't got too much else to do psychologists and sociologists have worked with violent criminals consistently say that lack of respect is the trigger for acts of violence and aggression all that's left to people is the maintenance of the self-respect and so if that's threatened in some way then you see these violent and aggressive reactions policing Bakers say two teenage boys and a 15 year old girl dinosaur gun fight and a birthday party at a privately owned Club This Is Not Unusual they've had a lot of people killed in this little town in the past few years high school students killing each other you know and you know it's you never know when you you know you're going to be robbed and I would love to walk to work or ride a bike to work you know because it's only like two miles down the road but I'm too scared to ride a bike or walk home at midnight I always worry about walking out of that parking lot always so with half the lights out right now you know it's a very dangerous place you got 100 last year three times the number of the number police and Community are trying to address an epidemic of violent crime much of it rooted in drugs street sweeper shotgun 12 12 gauge rounds in this drum magazine no sights because it's not designed to need any sites the ticket is Commonwealth I'm sick of it I'm stressed out all this [ __ ] is just it's just devastating look at it look at me thank you keep them running next please [Music] you know after this door closed after it gets dark around here I'm in I don't care what's out there I'm I'm good for on crime is being waged up every level those who can afford it are getting out of the way retreating to gated walls and States from where they can watch the new Republican battle for the survival of America [Music] Mr Hawk yes we're here to visit the Grove Hogs g-r-o-v-h-o-u-g [Music] I Steve booth there we go you guys having a good night so far so far I had a good day all right thank you sir oh you're welcome I'm currently a neighbor saw it called us Apparently one of his chickens got mauled and another one got uh nipped at and chased around was able to was able to get it mediated with him got him calmed down um the coyote side yeah the coyote siding yeah did they give you any information about that not much just that it was crossing the road right up on the North side did it sound like it was that big one sounded like it was that big one yeah okay so maybe he's been hanging around for a few months now I think hasn't it I believe so and then we'll uh the Bass Lake Pump House somebody tossed some rocks through the windows up there oh okay yeah that's a new one and there's that uh other loose dog that we're talking about okay I think that'll square that away and it looks like everything's noted on the cards properly so that sounds good I'll grab a cup of coffee and let you stretch your feet out a little bit and then we'll continue that sounds like a plan just made some fresh stuff for you foreign crime in the fear it provokes are crippling our society limiting personal freedom and fraying the ties that bind us now Those who commit repeated violent crimes should be told when you commit a third violent crime you will be put away and put away for good three strikes and you are out I get caught with a gram a dope 1.5 grams okay then I wouldn't hurt anybody but myself I wasn't selling it you know I didn't give it to kids or anything like that and I go to court there wasn't trying to hear anything they used at three strikes law against me and they gave me a 25-year sentence I've been in a box just a little bit bigger than this for the last 17 years and to be locked up and treated as I've been treated here there's not a man alive that wouldn't feel the same way that I do now they've created a ball of hating meaning yeah I'm in the penitentiary but you know something I've never I've never been caught with anything I got to get butt naked in front of females and these officers and I gotta bend over and show them my [ __ ] yeah humiliating it it's beyond that I had all I had all of my mouth I had those kicked out on the Robertson unit I was beaten almost to death they broke eight ribs they dislocated my arms my legs they broke my jaw they kicked out my grill they broke my ocular bone my nose but you know something the first time that I did get my head ripped off three days later it didn't hurt as bad and then I then then I became a monster I hate people and do you know how sad that is to say I you know I I've been treated so bad back here that yes I could I could actually now I could kill a man you know I I really could I could kill one of these laws you know and then that's sad that's sad because I you know I was raised I was raised better than that and what am I going to do now miss round when I get out what am I going to do get me a job at McDonald's I'll be 54 years old came down when I was 26. I was in college I was taking a votech what am I what am I going to do now because what you were before you come to the penitentiary is not what you're going to be when you're released [Music] this is a country that began with the language of Liberty and yet we have more people in prison per capita than anybody in the world there's no doubt that being rich makes it much less likely that you'll be incarcerated even if you've done something terrible [Music] and 2.2 carats of diamonds this is the richest year ever in human history the rich are getting richer this is evidence on our list these are creators they're not plutocrats these are doers making things happen and when they do well we all do well there's a religion that says everyone will benefit there's almost nothing to do with the real world so it completely fails in the real world if houses the wrong word it's not a failure for the the fraction of one percent of the population that's accumulating wealth you know beyond the dreams of avarice the influence of money in politics has risen dramatically in recent decades the people at the top have more money what they've been doing has been giving bigger contributions to politicians and in return asking for lower tax rates on themselves and less stringent regulations on their companies from humble beginnings in small town Arkansas to the world's leading retailer Walmart has come a long way since 1962. no one except for maybe Sam who never lost sight of his original idea could have predicted the company's remarkable growth well that's an interesting case because Walmart has produced a large number of hereditary billionaires and they are no doubt highly respected in the communities in which they live and no doubt they do respectable things they fund museums and they give money to hospitals and I'm sure they do all that stuff and yet you know in many communities people who work at Walmart are getting the wage but also getting food stamps so that basically the public is paying for all months labor for a fiscal year ending 2012 Walmart has gross sales of like 446 billion and then the net sales were 16.7 but almost 17 billion dollars net profit I have no problem when it coming back you know profit like I said I had my own business but when you're making a profit at the expense of the people who are doing the work and the in their their own food stamps it's a moral issue if you're making a decision all right we're going to cut hours so we can keep profit up you know what you're doing we've been finding that wealthier individuals are more likely to perceive the pursuit of self-interest as opposed to Collective interest as being moral and favorable we're even observing this moralization of greed this greed is good mentality this culture absolutely selects for Psychopathic thinkers you know people who literally have no empathy whatsoever because once you have successfully cleaved off ethical considerations you're incredibly efficient I I think there's nothing wrong with aspiring to be comfortable I don't even know that there's anything wrong with aspiring to be rich but the aspiration of Wall Street is to have [ __ ] you money and and [ __ ] you money is the amount of money so vast that you could pick up the phone or say [ __ ] you to whoever you wanted without repercussion one of the necessary illusions for the general public is that we live in a capitalist economy but the rich don't believe that for a minute they insist on a powerful state to protect them from Market discipline so if Goldman Sachs makes a risky transaction they're basically protected if it crashes they can run to the nanny state with their cap in hand and get bailed out good morning this is a pivotal moment for America's economy problems that originated in the credit markets and first showed up in the area of subprime mortgages have spread throughout our financial system it's been a dismal week on week on the street points alone yesterday the Dow closed down 500 investors agree that this is a crucial week to see whether or not the government can step in and heal this economy I'm a strong believer in free enterprise under normal circumstances I believe companies that make bad decisions should be allowed to go out of business but these are not normal circumstances you know the president has said over and over it's the people's money he's right about that it is the people's money but now it's the people's debt this is a pain that will stay with me for the rest of my life but you got to keep 480 million dollars I I have a very basic question for you is this Fair the spectacle of these Bankers who have contributed hugely to bringing the Western economies to their knees and yet are still going on paying themselves money beyond the dreams of avarice in most people's eyes and they really think they're worth it and sometimes I meet them socially and they say Max when will you understand this is how capitalism works I say this is not how capitalism works this is how capitalism goes hopelessly disastrously wrong [Music] I'm the best person to speak on behalf of the Wall Street Community because I sit across from them you know I see the humanity of people on Wall Street are working harder now than ever before not knowing whether they could ever move up the ladder and when will this Rat Race end for them [Music] Dr Alden Cass is a clinical psychologist and probably more than anything else that is known for helping people manage uncertainty and maintain optimal motivation and performance in times of uncertainty Alton all right thanks it's become a mission for me to help people out during this rough time because I feel like in my practice as a psychologist my clients are looking to me for answers my dissertation was the first study in the United States conducted in the last 50 years it was called casualties of Wall Street an assessment of the walking wounded and my findings basically showed that we are currently in a crisis of connectivity [Music] hot tubs where are you going times we should not bail out those who made The Reckless decision to buy a home they knew they could never afford [Music] that word came up a lot oh greedy homeowners this is just about four people who bought TVs on their second mortgages and it's their fault and they were greedy that's the mentality blame the victim [Music] I kept using my credit cards to live and then I finally got those where I was maxed out and I'm at the end and I'm fixing to be moving I've got to go very soon within the next few weeks you know I mean on this this is this is it you know there's a lot of data suggesting that social Mobility is an all-time low people despite their hard work aren't achieving the American dream so who is it that achieves wealth it's often those individuals that are born into wealth in the first place foreign I actually feel like I'm blessed with having everything I need could not be luckier could not ask for anything more right now she's slimy [Music] dead 15 years old I left Big Stone Gap Virginia and I hitchhiked across this entire continent to Southern California and I had a good time I was young heterosexual hey life was good I was thinking about going to Hollywood being the next Tom Cruise or somebody you know I mean but it didn't happen like that my mom had heart and lung infection and she died in 89 and it crushed me it crushed me you know I went into a spiral of doing wrong spiral doing things to get by and it took me down a long road that I didn't want to travel but I did I was hanging out with the wrong people doing the wrong things um trying to make money trying to you know survive pretty much I went to jail for about a year and I came out and still couldn't get it straight then I had kids and and at that time I couldn't have them with me because I was so wiped out but after my congestive heart failure I woke up it was a wake-up call that I needed it was a solely needed wake up call and I did that so I've been Off to the Races ever since [Music] foreign [Music] school is a great place for kids who are even slightly above the Curve so we'll probably homeschool but if they're not staying on track meeting the Milestones meeting the goals that they need to meet it's going to impact long term what their outcome looks like no challenge is more urgent no debate is more important we can either settle for a country where a shrinking number of people do really well while a growing number of Americans barely get by or we can restore an economy where everyone gets a fair shot and everyone does their fair share and everyone plays by the same set of rules it's not the case that inequality is attributable to bad apples but rather that the barrel is bad the barrel is what's contaminating the apples it's the institutions that prioritize getting ahead above all else that it's okay to break the law if that means that you're going to make more profits for the company with no attention to what the consequences are for the system as a whole what I object to is the feeling that there's some mechanism out there about which you can do nothing at all that's not simply not true humans want to change this they can change it [Music] my name is Leah Taylor and I'm here today to have a voice for my fellow workers and everybody that's struggling in the fast food industry Rochelle Monty what would you like to say to the boss of Allied Health for whom you work I don't blame any one particular company the truth is unless the government actually acknowledged the importance of the Home Care sector within this country people are going to continue to be filled these problems are deep rooted within the system and it's the system that needs to change my name is Janet Sparks and I am a Walmart associate at store number 1102. when I think about the fact that our CEO Mike Duke made over 20 million dollars last year more than 1 000 times the average Walmart associate with all due respect I have to say I don't think that's right [Music] [Applause] [Music] I wish we'd never got into this state I wish we'd never I had these extraordinarily High Rewards I didn't realize that that was going to happen maybe others always knew perfectly well that this would be the result of it but I think that that is unfortunate and I I regret it I think you know you sort of always have it maybe in the back of your mind that you know you're not part of something good but I didn't have a clear sense of I am doing something actively harmful and then when the financial crisis hit I started to feel really uncomfortable and I asked my boss will the public ever forgive us for this and meaning the bailout and he basically said to me well here's the thing the public always forgets the public forgot after the Savings and Loan crisis the public forgot after long-term Capital Management blew up the public always forgets and the public will forget again and we will you know move on and it'll go back to normal so don't worry about it foreign [Music] I've been sober for coming up for 11 months that's the longest I've ever been away from a drink and I've learned my margin for error is very small [Music] come right back to square one [Music] you gotta help me baby there's a push to have a secondary gate to keep these 10 to 20 homes completely separate from the rest of the homes that are already completely separate I think it's a status thing more than a fear thing there's already a guy at the gate half of them with a gun [Music] you're not gonna help me darling and to be honest I'd rather live in Florida one of my next motivating factors is going to be the fact that I do want to eventually move to Florida and have a second home there [Applause] [Music] foreign next week you know but at least I I tried If I Could Be A Millionaire or anything like that and buy one big house they got about 50 bedrooms you know and have all my family with me you know I would love that I would love that find myself somebody [Music] I wish I could see the kids a bit more also Patron I could go out for dinner at night I don't want much out of life I just wish it was a bit easier [Music] most likely I'll end up back here but it won't be because I'd walked into a school and shot up a whole bunch of children or rape somebody or anything like that it'll be because I probably got caught stealing a loaf of bread and get a life sentence for it [Music] oh yeah [Music]

Channel: ENDEVR

Views: 687,154

Keywords: Free documentary, documentaries, full documentary, hd documentary, documentary - topic, documentary (tv genre), Business Documentary, social inequality, income inequality, rich vs poor, income inequality and poverty, income inequality economics, income inequality and poverty economics, poverty documentary, economic inequality, poverty, the divide, the divide documentary, wealth gap, wealth documentary, happiness documentary

Id: QldruYg8rGs

Length: 75min 5sec (4505 seconds)

Published: Wed Nov 30 2022

Reddit Comments

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[u/Listen-Natural]

No time off. If you are going to do the whole 9-5, cultivating friendships, family relationships, and significant other is really important for mental health and having a positive outlook in life. If you are lacking in that area (like I am), life can seem incredibly daunting and more like a chore sometimes with less meaning.

[u/ChampagneChardonnay]

I tried to watch that doc. For me there wasn’t enough information. Yes, they interviewed people but didn’t back anything up with statistics, numbers or basic research. Stringing bunch of sound bites together doesn’t tell me anything.

Rich countries have an ever widening gap between rich and poor, much like the late 20s and early 30s during the stock market crash and then depression.

[u/SnooPears590]

I know why. This society gave itself over to hedonism and excess, which leads only to suffering and death in the end.

https://deathtotheworld.com/articles/chasing-the-phantom/