Life and Debt
Life and Debt is a 2001 American documentary film that examines the economic and social situation in Jamaica, and specifically how the International Monetary Fund and the World Bank's structural adjustment policies have impacted the island.
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Admirable film.
This movie was so-so. It had it's moments, but wasn't the greatest.
One of the most extraordinary films you will see this year. Take that as you want.
It is neither dumb nor smart enough to be fun, and spends way too much time with its boring human characters.
This film, though somewhat simplistic and emotional (for obvious reasons), does an excellent job of conveying to a broad audience some of the negative effects of globalization on a small, developing economy like that of Jamaica. One often hears critiques of international capitalism and the lending policies of the IMF and World Bank, but in most cases the criticism lacks pertinent examples of the direct impacts of globalization, or fails to make an effective case for why we should care. This film manages to do both, by providing relevant facts (increases in national debt over time, predatory interest rates tied to 'development' loans from the World Bank, critical industries undercut by international competition, etc.), and illustrating the ground-level effects on Jamaican citizens both visually and through numerous informative interviews. The film is interspersed with scenes of oblivious American tourists enjoying their vacations at expensive Jamaican resorts safely isolated from the surrounding poverty, to highlight the developed world's ignorance about the plight of Jamaica and similar underdeveloped countries.As a precondition for aid, the IMF and World Bank usually require that developing countries drop any significant barriers to trade. When the doors are opened to international trade, lower-priced goods from abroad undercut local goods, and eliminate the market for any industry that cannot compete with the mass production that larger economies are capable of. While opening barrier-free worldwide markets for goods and services benefits the large economies already in a position to compete on such a scale, the sudden and forced introduction of 'free' trade to underdeveloped economies often disrupts domestic industries, which are given no opportunity to transition. While the consumer market is suddenly flooded with relatively cheaper goods (cheap enough to undercut the local competition, not to benefit consumers in any way), globalization fails to provide domestic producers with the inputs and capital (fertilizer, machinery, etc.) necessary to compete with producers abroad. As a result, the economy is robbed of its traditional sources of income and capacity for self-sufficiency, instead becoming reliant on weak foreign aid and tourism as national poverty continues to increase.
As a documentary 'Life and Debt' has many merits one of the most apparent and significant of which is the highly imaginative and effective way that it draws a complex concept into the form of an 80 minute film. A film with so much to say necessarily risks either becoming boring or inaccessible, however Life and Debt suffers from neither of these. Ideas are treated elegantly and efficiently, and invariably illustrated with footage of entirely appropriate and often poignant examples, which in turn allows for excellent pacing. These assets allow what could have been a very dry and abstract film to instead comfortably hold the audience's interest. By way of criticism I would say that on certain occasions subtitles were probably required to render the material fully accessible to an international audience, as the accents/dialect (and cultural constructions of language) are such that the meaning of speakers is periodically unclear. But this and what other minor failings exist pale in comparison to its strengths.
For anyone who wonders "why they hate us," watch this documentary and the mystery will be solved. It thoroughly documents how the US, the WTO, and the IMF have systematically destroyed every aspect of Jamaican economic opportunity and culture.The US didn't abolish slavery in the 19th century; they simply outsourced it. Take a look inside the Kingston Free Zone and you'll see the slaves still at work. Visit a Jamaican banana plantation and learn about how the economy of a sovereign nation was subjugated in the name of "free trade."In short, fellow fat Americans, pull your heads out of your globalizing butts and watch this film, and then try -- for just a moment, at least -- to put yourself on the other side of the coin. Imagine how you would feel about a foreign agency that took away your livelihood, that treated you like chattel, that demanded you stop making a living so that a transnational corporation could capture the last 5% of a market share.Wouldn't you hate them, too?
As a development worker in Jamaica, I can say that there is a lot of painful accuracy in the movie. Yes, tourists do act that badly, almost unanimously if you only count the ones who spend their time here locked away in a guarded resort. And now over half of ever tax dollar goes to paying foreign debt...