The economy consistently polls as a critical issue for Canadians. Amidst a long and drawn out recession, where unemployment and underemployment exacerbate a skyrocketing cost of living alongside decreased buying power, concerns about the economy are understandable.
Yet despite popular interest in the economy, we live in an era where we are told that economic matters must be left to “experts.” As a language of expertise has been created to distance people from a clear understanding of the economic issues that impact our daily lives, we are expected to place our trust in the financers, investors, bankers and economists who claim that they alone can steer us towards economic stability and prosperity.
Having long been suspicious of the direction some of these people have been steering us, I was thus pleasantly surprised to watch the refreshingly clear, straightforward and insightful documentary Inside Job. This Academy Award winning film explores some of the factors that led to our most recent recession, how it could have been avoided, and destabilizes the myth that our economic experts are deserving of our blind trust. Perhaps most importantly, the film illustrates how the gross mismanagement of the economy will continue if we allow it. Continue reading