Abstract
The social and economic catastrophe left in the ashes of World War I ignited an intellectual and political struggle that would last most of the 20th century. This program tells the story of how, for half a century, the world moved toward more government control—from the centrally planned economies of the communist world to the “mixed economies” of Europe, and to the United States' regulated capitalism—and then began to move away. Presenting opposing ideas of two economists, John Maynard Keynes, an Englishman who advocated for government intervention, and Friedrich von Hayek, the Austrian emigrant who argued that government intervention in the economy would erode freedom and was doomed to failure—the film reveals how, in western democracies, Keynes's ideas would dominate for decades—until the economic crises of the 1970s forced political leaders to look for new ideas, and rediscover Von Hayek's theories.
Collection
Subject
Keynes, John Maynard, -- 1883-1946, Hayek, Friedrich A. von -- (Friedrich August), -- 1899-1992, Economic history -- 20th century, Economic policy -- History -- 20th century, Russia (Federation) -- Economic policy, Europe -- Economic policy, United States -- Economic policy, Capitalism -- History -- 20th century, Markets -- History -- 20th century, Communism -- History -- 20th century, Deregulation -- History -- 20th century
Series
Commanding Heights: The Battle for the World Economy
Contributors
Lysaght, Chris (Editor), Baynes, Jeff (Videographer), Foss, Paul (Composer), Cran, William (Writer), Yergin, Daniel (Writer), Stiers, David Ogden (Narrator), Cran, William (series producer), Cran, William (Director), Films for the Humanities & Sciences (Firm) (Distributor), Invision Productions Limited (Producer), Heights Productions, Inc (Producer), WGBH Boston, Lion Television Limited, PBS Distribution (Distributor)
Duration
01:56:48 (HH:MM:SS)
Language:
English
Target or Intended Audience
Higher education
Copyright Holder
Name | Films Media Group (Firm) |
Role | Distributor |
Telephone | 800-322-8755 |
Address | 132 West 31st Street 17th Floor New York, NY 10001 |
[email protected] |
Rights Declaration:
This video is protected by copyright. You are free to view it but not download or remix it. Please contact the licensing institution for further information about how you may use this video.
Persistent/Share URL
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PID
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Metadata