Life and Debt

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 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...

This is the Jamaica the tourists see, says the narrator in Stephanie Black's documentary Life and Debt, a country of lush jungles, clear blue water, and sandy beaches. Beyond the luxury hotels, however, is a third world country fighting poverty, crime, and hopelessness. Based on the novel by Jamaica Kincaid A Small Place, Life and Debt, the film studies the effects of the policies of the International Monetary Fund (IMF) and the World Bank on the economy of Jamaica, focusing on the impact of economic globalization on the dairy farmers and factory workers. Backed by a soundtrack of native reggae music, Life and Debt is filled with economic facts that require some knowledge to fully understand. You don't need a master's degree in Economics, however, to understand the desperate faces of children in poverty, the agony of farmers who can't sell their crops, or the hopelessness of factory workers who earn the equivalent of thirty US dollars per week.

Black interviews former Prime Minister Michael Manley who explains how the current situation came to be. When Jamaica achieved its independence in 1962 after being a colony of Great Britain for 400 years, help was needed to build its economy. The International Monetary Fund (IMF) and the World Bank gladly supplied this money in the form of short-term loans. These loans though came with strings attached. Subsidies to local farmers were prohibited and tariff barriers were lowered to allow cheap foreign goods to come into the country, inevitably driving local industries out of business. What's remains is tourism, sweatshops and fast-food chains. Manley blames the big Western powers that have used Jamaica for cheap labor and easy sales. For example, thanks to huge subsidies other countries including the United States exported powdered milk to Jamaica at an excessively low price, forcing the local dairy industry to shut down. He also points out that big American businesses like Chiquita, Dole, and Del Monte have worked to stifle exports of local Jamaican bananas. Manley asks of the IMF, "You ask, 'In who's interest? I ask, 'Who set it up?"

Watching this documentary, it became clearer to me why thousands of people took to the streets in Seattle to protest the WTO Conference. It may not be widely known but the WTO has established ground rules that make it easier for the developed countries to market their products in third world countries. Under WTO rules,

1. Governments are not allowed to pass laws that favor local firms and discriminate against foreign-owned corporations.

2. Governments are not allowed to prevent foreign nationals from buying a controlling interest in local companies.

3. Governments are not allowed to subsidize domestic companies.

4. Governments are not allowed to pass laws that would provide favorable terms of trade to particular trading partners.

Ralph Nader said it all when he described globalization as being the subordination of human rights, environmental rights, and consumer rights. The International Monetary Fund, the World Bank, and the Inter-American Development Bank now own almost every facet of the Jamaican economy and the only ones that are making money are franchises like McDonalds, Wendy's, and Burger King who contribute little more than unskilled low paying service jobs. If you are thinking about asking the IMF to change its policies, keep in mind that any change in IMF policy requires an 80% approval and the richest nations such as the United States, Western Europe, Japan make up more than 80% of the vote. Life and Debt, like the recent film Bowling for Columbine, is one-sided, in your face, and may appeal only to those already in agreement. However, its images are so vivid that, for the first time, you may experience the human impact of policies that can turn the world into "one big casino".

This documentary perfectly captures the largely-ignored downside to globalization and the subsequent domination of the world economy by the U.S. and Western Europe. Namely, that undeveloped and developing countries continue to get poorer at the expense of the rich. This documentary presents the human side for discussions about the impact of multinational corporations on human rights abuses, price fixing in order to drive local competition into failure, environmental destruction as the result of World Bank-mandated "structural adjustments," etc. This is a must see for anyone who thinks that globalization is the only way for developing countries to compete with the rest of the world, and for anyone wanting to know the reasons behind all of those protests.

"Life and Debt" documents the extremely negative effects "globalization" has on the Jamaican economny and agriculture. Juxtaposing typical tourist views with searingly challenging economic conditions of Jamaican natives, the audience begins to see a side of this culture normally hidden away.

Hearing representatives from the International Monetary Fund and World Bank talk, one recognizes the familiar rhetoric--administrative jargon which obscures its callous action: look out for one's self first and foremost.

Well-known US companies are documented here as part of the problem. Their motivation is to make a profit, period, no matter at what cost or human price.

American stockholders tend here to look at and be primarily concerned with how many points their shares rise--"Life and Debt" shows the downside of that rise. There's a lot more to life than merely being concerned about one's self. This film cries out for us to hear the needy call of our planetary brother and sister.

Capitalism and competition tend to be cold animals--and one buys into those concepts because they're in place and operating . . . never stopping to think that there may be an exploitative side to these activities.

Stephanie Black captures that side in this documentary. The tourists are rightly there to have a good time, yet we cannot turn our backs on our neighbors. Imposing grossly high interest rates and stipulations that cause them to sink greater into debt each year is not aiding them. Unloosing our subsidized powered milk on their marketplace while their unsold whole milk must be poured down the drain is not being fair.

When rioters and demonstrators took to the streets there and in the US against globalization, I wondered what it was all about. "Life and Debt" helped provide a subsantive explanation. The film is not an entertainment: it is a serious, thought-provoking film to inform.

As I sat in a near-empty movie house, with some people leaving before the end of the film, I wondered where was the audience? I thought, are we not all involved in this scenario? When we buy items "assembled in" Jamaica, do we really realize what that means in terms of "free zone?"

When we delight in paying very low prices for items made in China, Japan, Mexico, and the like, how does that really impact upon those countries' workers? "Life and Debt" helps provide an answer.

I very much value this documentary, and look forward to obtaining the dvd when released, to further ponder world economic check and balances and rethink the entire concept of "globalization."