Jamie Johnson’s 1%

Posted: 25/04/2012 in Insight
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The One Percent is an exploratory movie made by Jamie Johnson of Johnson & Johnson. When you think of some of the strong positions put out by the people in Occupy, you see Jamie as gentle and non-demanding. What was he doing? He was just exploring. The gap between the rich and poor was widening, why? As with the wealthy he had access to many powerful people, and he just asked – not aggressively – he just asked. And apparently many people were upset including Warren Buffet because his granddaughter was in the film. I was very unimpressed with Milton Friedman, inventor of the “trickle down” lies. Every word he uttered I wanted to scream at him about the injustice, the prejudicial misconceptions he came up with, and I was thinking Jamie “lay into him”. But as interviewer Jamie did not push too much of a position, only the gap between rich and poor, and in the end Friedman walked out.

I was particularly annoyed at his attack on the sugar industry with the Fanguls. Why was he looking at the sugar industry, a company that was not run by US white WASP high society as most are? Surely he could have access to expose Wall Street or a Fortune 500 company, but instead he went for a Latino company – at least that’s who they appeared to be to me. I’m not defending the Fanguls, but I am against his choosing them to target.

Jamie’s understanding appeared not to be clear, he was just using his money to investigate. He of course has the right to do that. To me he didn’t come up with much, but he did upset a number of his class and their hangers-on. That is so interesting.

No revelations in the movie, but maybe worth a watch:-

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Comments
  1. […] became known as Free Trade. Who is Milton Friedman? He is trickle-down economist with many prizes. Jamie Johnson made him angry with insubstantive arguments about the wealth gap, Friedman is not wisdom at its […]

  2. […] became known as Free Trade. Who is Milton Friedman? He is trickle-down economist with many prizes. Jamie Johnson made him angry with insubstantive arguments about the wealth gap, Friedman is not wisdom at its […]

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