Global development

Global development

Reflection/reaction paper: one page

Inside Job

This explains the Wall Street culture and political context that led to the crash of 2008 and its immediate aftermath. It is a film with a very different perspective than Commanding Heights as regards the role of government in economics. How/why is it so different? What are the differences in views of regulation and the market? How preventable was the crash? Who were punished for it (and who got away with it)? How likely is it that a crash will happen again–especially with Obama regulations being rolled back by Trump? What does it mean to be “too big to fail?” (Know this term) How much did you know of this before watching this video and how accurate was your information? Knowing what you now know from this video, what in all this would you change if you could?

Give me a page of reaction–you may dwell on your feelings of frustration, or on solutions, or on what it tells you about course subjects-globalization, interdependency, the global circulation of everything,– what you think about the perspective of the video, and/or what you may do differently with what you now know. How does it contrast with the Commanding Heights (https://www.youtube.com/watch?v=KlUas6s9oP8) one?

It is not a video review that I am looking for, it is how things in the video connect with other things you learn about history, economy, and people in a globalized world. what struck you and made you make new connections. Lessons? Are we protected from 2008 happening again?

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