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The Residence at Impakt, Utrecht

Crude Economy , curated by Forian Wust

Crude Economy revolves around the social and economic transformations in the 20th and early 21st century. The selected films—ranging from experimental cinema and video art to documentary, industrial and educational films—look at the processes of industrialization and modernization, with a special focus on the reconstruction of Western Europe after World War II. The media campaigns that accompanied the American Marshall Plan not only presented the success of the extensive aid programme, but promoted the increase in productivity and trade as prerequisites for growth and prosperity for all.

The premises of neo-liberalism that prevailed under the patronage of the state are a second topic. The shift of power from labour to capital—as David Harvey points out—was crucial for the centralization of wealth through the evolution of today’s global financial system. Capital is not a thing but a process in which money perpetually searches for more money. All capital circulation is highly speculative, and eludes purely rational comprehension. Excessive risk-taking and lack of responsibility towards a common goodappears intrinsic to cyber capital. In the financial crisis of 2008, above all else the privatizing of profits and the socializing of losses showed the dominance of the banking sector over governments and people.

Besides discussing the ambivalence of our ways to work, make money, trade assets and consume, Crude Economy reflects on practices of resistance against the uneven distribution of wealth and opportunities, and the exploitation of human and natural resources which threatens to disintegrate societies all over the world.

The Residence is screened in programme 7: Creative Change, Sunday, 03/11/ 2013 at 19:00
h

We'll do an introduction on our work and show a film fragment on the Opening Event at Theater Kikker on Wednesday 30/10/2013 between 20.00 and 23.00h

http://impakt.nl/festival/2013-festival/program-2013-festival/capitalism-catch-22-programme/film-capitalism-catch-22-programme/florian-wust-crude-economy-programme-7-creative-change/