The New Rulers Of The World (2001) analyses 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 turns the spotlight on the new rulers of the world – the great multinationals and the governments and institutions that back them such as the IMF, the World Bank and the World Trade Organisation under whose rules millions of people throughout the world lose their jobs and livelihood.
The West, explains Pilger, has increased its stranglehold on poor countries by using the might of these powerful financial institutions to control their economies. “A small group of powerful individuals are now richer than most of the population of Africa,” he says, “just 200 giant corporations dominate a quarter of the world’s economic activity. General Motors is now bigger than Denmark. Ford is bigger than South Africa. Enormously rich men like Bill Gates, have a wealth greater than all of Africa. Golfer Tiger Woods was paid more to promote Nike than the entire workforce making the company’s products in Indonesia received.”
Thanks John Pilger for the video