RAGHURAM RAJAN former chief economist at the IMF author, FAULT LINES: How Hidden Fractures Still Threaten the World Economy Rajan predicted trouble in 2005 and sees income inequality as a root cause.
PHILLIPE DIAZ is writer director of a new documentary THE END OF POVERTY that exposes the roots of the south’s poverty first in colonialism and then in the policies of the World Bank, IMF and the WTO.
The film features: Nobel prize winners in economics Amartya Sen and Joseph Stiglitz; expert authors Susan George, Eric Toussaint, John Perkins, Chalmers Johnson, government ministers such as Bolivia’s Vice President Alvaro Garcia Linera, and leaders of social movements in Bolivia, Brazil, Venezuela, Kenya and Tanzania.
THE END OF POVERTY’s opening line by narrator Martin Sheen: “Why, in a world of so much wealth, do we still have so much poverty, where billions of people live on less than one dollar a day?” According to writer-director PHILLIPE DIAZ, the ultimate goal of the film is to change the dialogue around the poverty debate from "poverty is a shame," to "poverty exists for a reason."
Born in Paris France, PHILIPPE DIAZ studied Philosophy at the Sorbonne in Paris, and began his film career as a director in 1980. He produced a number of features both in France and the US, and in 2003, with a consortium of partners he created Cinema Libre Studio, to provide an alternative structure for intelligent, independent films. His directorial debut, THE EMPIRE IN AFRICA won the Grand Jury Award for Best Documentary Feature at Slamdance 2006.
According to Diaz, “The end of greed on Wall Street will not end poverty in the world. The problem is much deeper than that; it is centuries old. Our economic system since colonial times requires cheap labor and cheap resources from the global South to succeed and to finance our lifestyle in the North. Without changing that we will never alleviate poverty.“