Stealing Africa. How Much Profit is Fair?

Description

Rüschlikon is a sleepy Swiss village where unemployment is low and social problems rare. The town's good fortune was recently cemented by the arrival of Ivan Glasenberg, CEO of a multinational corporation with extensive holdings in Zambian copper mines. Glasenberg made nearly ten billion dollars when his company went public in 2011; receipt of his taxes so overwhelmed public coffers that the mayor gave all of Rüschlikon tax breaks. Less fortunate though were the Zambians, most of whom still live on less than one dollar a day. Based on research into public documents, this program examines the tax system that allows foreign investors to grow rich while Zambia remains one of the poorest countries in the world. A viewable/printable instructor's guide is available online.

Runtime

57 min

Series

Subjects

Geography

Genre

Date of Publication

[2013], c2012

Database

Films on Demand

Direct Link