Globalization - New Rulers of the World

Award-winning journalist, John Pilger, investigates the realities of globalization by taking a close look at Indonesia. In order to examine the true effects of globalization, Pilger turns the spotlight on Indonesia, a country described by the World Bank as a model pupil until its globalized economy collapsed in 1998. The film examines the use of sweatshop factories by famous brand names, and asks some penetrating questions. Who are the real beneficiaries of the globalized economy? Who really rules the world now? Is it governments or a handful of huge companies? The Ford Motor Company alone is bigger than the economy of South Africa. Enormously rich men, like Bill Gates, have a wealth greater than all of Africa. Pilger goes behind the hype of the new global economy and reveals that the divisions between the rich and poor have never been greater -- two thirds of the world's children live in poverty -- and the gulf is widening like never before. The film looks at the new rulers of the world -- the great multinationals and the governments and institutions that back them -- the IMF and the World Bank. Under IMF rules, millions of people throughout the world lose their jobs and livelihood. The reality behind much of modern shopping and the famous brands is a sweatshop economy, which is being duplicated in country after country.