Take a bow, Bryan Bruce. The award-winning documentary-maker, whose TV3 special Inside Child Poverty triggered a national debate in 2011, has outdone himself with an investigative tour de force of incredible depth and breadth. Inside New Zealand: Mind the Gap: A Special Report on Inequality screens Thursday night on TV3.
TV review: The zombies are here
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Bryan Bruce introduced his own zombies to parliament.
Blame Reagan. Blame Thatcher. Blame Rogernomics. Blame New Zealand's 30 years of policies based on the economic philosophy of neoliberalism. Taking inspiration from Zombie Economics, Bruce sets three zombies loose on Parliament's steps, waving placards emblazoned with the neoliberal concepts still haunting and hurting us: deregulation, privatisation, and the trickle-down effect. The world-leading economists interviewed are dead clear that these neoliberal economic policies aren't just flawed, they've failed miserably, particularly in New Zealand. The economists pan the idiocy of government asset sales, and the lack of financial regulation that spawned the 2008 global financial crisis and cost the taxpayer billions in bailouts. Yet nothing's changed.
Mind the Gap may make you mad: at the politicians, the bankers, and the wealthy committing tax fraud that costs the country at least $1 billion and up to $5 billion a year (only one in five goes to jail). But it may also give you hope. In London, Bruce interviews a spokesperson for the Robin Hood Tax scheme, which forces big banks to pay taxes on certain transactions, with proceeds going to tackle poverty and other global issues. Supported by 1000 economists, the International Monetary Fund and Bill Gates, the initiative is being implemented in 11 European countries. Bruce also travels to Bangladesh and Europe to witness the success of "social business", where companies pay their own way but channel profits into helping solve global problems.
Back home, 30 years after the zombies took hold of New Zealand, real wages have fallen, the wealthy have got richer, and we're more in debt than ever. And yet a failed economic ideology still trumps reality. "At what point," asks Bruce, "do we admit that the neoliberal economic theory that we've been living under for the last 30 years has simply failed to deliver the best possible outcome for the greatest number of people? And isn't that what an economy should be about?" The major roadblock, of course, is the unwillingness to change economic policies that "maintain the vested interests of the rich and the powerful". However, the wealthy should be aware that the more unequal the society is, the worse the rates of crime, violence, murder, teen pregnancies, obesity, child mortality, etcetera, affecting us all.
As compelling as it is important, Mind the Gap deserves to spark some conversations. Let's support social businesses. Let's welcome Robin Hood. Let's regulate the bankers. Let's kill the zombies.
Inside New Zealand: Mind the Gap: A Special Report on Inequality screens Thursday, 7:30pm, TV3.