EXPOSE THE 1%
“The scale of the support currently
provided to UK banks has fallen from a
peak of £955 billion to £512 billion, but
the amount of cash currently borrowed
by the Government to support banks INSPIRATION:
has risen by £7 billion since December
2009. It is likely the taxpayer will be
providing support for years to come.”
INFOGRAPHICS TO UNDERSTAND
NATIONAL AUDIT OFFICE
THE FINANCIAL CRISIS INSPIRATION:
The financial crisis of 2008 can be seen as
the symbolic end of neo-liberalism. For 30
years previously, finance, big business and the
http://flowingdata.com/2009/03/13/27- THEY RULE- A SITE THAT ALLOWS YOU TO
market were to run everything in society. The MAP, VISUALISE, RESEARCH AND SHARE THE
unquestioned dogma was high profits = wealth visualizations-and-infographics-to-
creation = increasing societal well-being. The CONNECTIONS IN THE US RULING CLASS
illusion of stability came to an abrupt end when
the reckless finance crisis of 2008 brought the understand-the-financial-crisis/ http://www.theyrule.net
world to its knees. The UK, for instance, was
two days away from the cash machines running
dry. The banks were bailed out and this bill has
now been imposed on taxpayers. The 99% will
feel the impact of this crisis for decades.
One how is organisation to exploit so successfully
But single the 1% able is to more to blame
thanrest of society?banker or politician
the any individual
for the financial crisis. One organization
is largely responsible for the corruption have
Part of the problem is that most people
in ouror no idea howeconomic system. One
little dysfunctional global finance works,
organization functions as a lobby group on
hidden behind descriptions deliberately
steroids at the heart of our political swaps’,
designed to confuse: ‘credit default life.
This one organization is the City of London
‘asset backed securities’, ‘derivatives’,
Corporation. A recent report fromcompletely
‘private finance initiatives’ this is the Centre
for Research of Socio-Cultural Change details
understandable.
how the City of London Corp., acting with the
power of a city the financial system look like?
But what does state, shaped a thirty-year
settlement. The deal gave financial institutions
What social relationships does it promote or
in the CityHow can we show this and explain it
restrict? of London freedom from regulation
in return for theyresulting tax revenue being as
to people so the do understand and can act
ploughed into public sector employment in ex-
informed citizens?
industrial areas. Typically, the City of London
Corp. andto expose the actions of theregulation
We need the banks used the lack of 1%, and we
and the design is apower they won with thisso.
believe enormous powerful weapon to do
agreement to vastly increase profits – while
not fulfilling their own side of the bargain.
THE BRIEF:
There is clear evidence that the tax revenue
We want your visualizations and illustrations INSPIRATION: The Crises of Capitalism with David Harvey
benefits from financial services have system,
of Finance, The City and the Banking been
grossly exaggerated. The City remains a major
they can be in any format from a poster to an Source: RSA Animate. Cognitive Media – http://bit.ly/byYugn
force in lobbyingor any other way you think is
interactive map for financial institutions to
continue to remain unregulatedhelp theget its
appropriate, but the goal is to (i.e. to 99%
side of the bargaincomplex but important
to understand the in the settlement).
processes of finance that are affecting every MORE INFOGRAPHIC INSPIRATION: FURTHER RESEARCH ON THE CITY:
The Cityof our lives.
aspect lobbyists undermine the democratic http://bit.ly/9PxXaH - FlowingData
will of the British people. The City culture of http://occupydesign.org/gallery/designs pCentre for Research of Socio-Cultural Change report - http://bit.ly/l4myyI
high bonuses andand info:
More resources light regulation is inherently http://www.good.is/post/goods-financial-crisis-infographic-contest-winner-announced/ pNational Audit Office report on public funding of banks - http://www.nao.org.uk/publications/1011/support_for_banks.aspx
anti-democratic as the rest of the UK suffers
http://occupydesign.org.uk/campaigns/expose-the-1/ http://www.theyrule.net
the consequences of extreme austerity – http://atlas.media.mit.edu/book/ pGuardian newspaper articles
caused by August 31st The City of London
DEADLINE: the banks! http://www.wdm.org.uk/infographic-how-banks-cause-hunger http://www.guardian.co.uk/business/2011/jun/13/coalition-revive-regions-manufacturing-financial-services?CMP=twt_gu
Corporation, through its consistent pressure
SEND LINKS/WORK TO: http://edition.cnn.com/video/?/video/us/2012/03/08/pkg-save-1-percent-rushkoff.cnn http://www.guardian.co.uk/news/datablog/2011/nov/12/bank-bailouts-uk-credit-crunch
to deregulate the sector, is largely responsible
exposethe1percent@occupydesign.org.uk http://www.businessinsider.com/charts-facts-about-global-wealth-2011-10?op=1 http://www.guardian.co.uk/politics/reality-check-with-polly-curtis/2011/sep/12/reality-check-banking-bailout
to the financial crisis in the UK. http://econ.economicshelp.org/2009/03/historical-national-debt.html
http://motherjones.com/politics/2010/01/what-else-could-14-trillion-buy pCampaigns
The City of London owes us. https://vimeo.com/3261363 - The Crisis of Credit Visualised http://www.reclaimthecity.org - http://treasureislands.org - http://www.bankingoncrisis.org - http://www.banktrack.org
The City of London needs a debrand.
occupydesign.org.uk http://bit.ly/byYugn - RSA’s ‘The Crises of Capitalism’ with David Harvey http://www.banksecrets.eu/ - http://www.taxresearch.org.uk - http://baselinescenario.com/ - http://falseeconomy.org.uk
The Crises of Capitalism with David Harvey. Source: RSA Animate. Cognitive Media
Capitalism is a Pyramid Scheme. In Work. Source: CrimethInc. Workers’ Collective and Packard Jennings.
CWC Books : Work, capitalism . economics . resistance 16/09/2012 09:48
$10.00
books: Days of War . Expect Resistance . Work . Recipes for Disaster . Letters | journal | texts | tools | movies | store | blog | about
After so much technological progress, why do we have to work more than ever before? How
is it that the harder we work, the poorer we end up compared to our bosses? When the $10
economy crashes, why do people focus on protecting their jobs when no one likes working
in the first place? Can capitalism survive another century of crises?
Add to Cart
[Wholesale copies are $5 each]
Our newest book, entitled Work, addresses these questions and a great many more. To
answer them, we had to revisit our previous analysis of employment and develop a more Work's companion poster with our new
nuanced understanding of the economy. We spent months studying obscure history and image of the capitalist pyramid is available
comparing notes about how we experience exploitation in our daily lives, slowly hammering both in bulk and premium versions.
out a grand unified theory of contemporary capitalism.
In addition to distilling our findings in this book, we’ve also prepared a poster to diagram the
system it describes. The poster is based on the classic illustration of the pyramid of the
capitalist system published in the Industrial Worker in 1911. With the assistance of Packard
Jennings, we’ve created a new version, much more detailed than the original and updated
to account for all the transformations of the past one hundred years.
In combination, the book and poster explore the positions we occupy within this pyramid
and the mechanics that maintain it. From the industrial revolution to the internet, from the
colonization of the Americas to the explosion of the service sector and the stock market,
from the 2008 financial crisis to the upheavals taking place right now across the globe,
Work offers an overview of how capitalism functions in the 21st century and what we can
do to get beyond it.
TECH SPECS
Size: 4.75" x 7.5" x .8125" Pages: 378 + cover
Weight: 13.7 ounces Words: 66,507
Ink: Four colors with foil stamp Illustrations: 106
on cover, and two colors (black
Photographs: 52
and spring green) with full bleeds
throughout. Binding: Otabind w/ PUR glue
CONTENTS
I. The Occupation
i. Work
ii. The Economy
Schemata: What It Is
Shifting Terrain
The Metropolis
Positions: Where We Are
At the Top
Magnates
Politicians
Bosses
Superstars
Professionals
Middle Management
Self-Employment
Factory Workers
Students
The Service Industry
Domestic Labor
The Sex Industry
Police and Military
Migrant Labor
Prisoners
Unemployment and Homelessness
Outside the Market
Animals, Plants, Minerals
Mechanics: How It Works
Production
Consumption
Media
Bodies and Simulacra
Finance
Investment
Debt
http://www.crimethinc.com/books/work.html Page 1 of 2
Capitalism is a Pyramid Scheme. In Work. Poster included with book is based on the classic illustration of the pyramid of the capitalist system published in the Industrial Worker in 1911. Source: CrimethInc. Workers’ Collective and Packard Jennings.
World land grab
Land purchased by government and
private companies from each country,
where areas are known
Total area purchased by country
Countries in which land has been purchased
270,000 ha
80,400 ha in Mongolia
in Russia
7,000 ha
in Kazakhstan
S Korea owns
Saudi Arabia owns 2,306,000 ha
216,862 ha
in US 1,610,117 ha China owns Japan owns
2,090,796 ha 324,262 ha
1,500 ha
in Algeria
1,600 ha
in Egypt 900,000 ha
in Pakistan India 100 ha in China
10,117 ha
1,050 ha in Sudan
in Mexico 5,000 ha 700,000 ha
in Cuba 378,000 ha in Laos
in Sudan
UAE owns 1,240,000 ha
690,000 ha
1,282,500 ha in Phillipines
in Sudan 3,000 ha
10,00 ha in Phillipines
in Cameroon
4,046 ha
in Uganda
100,000 ha 300 ha 25,000 ha
1,600,000 ha
in Brazil in Tanzania in Indonesia
in Indonesia
1,300,000 ha
India owns in Madagascar
10,000 ha 43,000 ha
in Paraguay in Australia
21,000 ha
in Argentina
5,700 ha
in New Zealand
SOURCE: GRAIN.ORG
World Land Grab. Source: The Guardian
REUTERS REUTERS
UNITED STATES: REAL ECONOMY AND FINANCIAL SECTOR UNITED STATES: REAL ECONOMY AND FINANCIAL SECTOR
INDEX BASE 1952 = 100 INDEX BASE 1952 = 100
14000 25000
12000
20000
10000
15000
8000
6000 10000
4000
5000
2000
0
0 1945 1950 1955 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010
1945 1950 1955 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010
Real Economy (Nominal GDP) Private Sector Indebtedness Public Sector Indebtedness
Real Economy (Nominal GDP) Financial Sector (Total Credit Market Debt Outstanding)
Source: Bureau of Economic Analysis (NIPA Table 1.1.5) and Federal Reserve System (Flow of Funds Accounts Table L.1) Printed: 19/01/2009 Source: Bureau of Economic Analysis (NIPA Table 1.1.5) and Federal Reserve System (Flow of Funds Accounts Table L.1) Printed: 19/01/2009
Interesting and important data - but what is wrong with this visualisation?
Financial Markets 1990 - 2010. Source: Handelsblatt
World GDP vs Speculative Markets 1990
World GDP = 22 trillion $
Forex Market = 147 trillion $
Value of traded shares and bonds = 9 trillion $
Derivatives traded off-market = 2 trillion $
World GDP vs Speculative Markets 2010
World GDP = 63 trillion $
Total Value of Capital Markets
Value of traded shares
and bonds = 87 trillion $
Forex Market = 955 trillion $ Derivatives traded off-market = 601 trillion $