"A lively, iconoclastic look at the current crisis in capitalism.” Los Angeles Times
Today, a question haunts America: what exactly caused the world’s greatest economy to crash and burn? And why is it so slow to recover?
From award-winning documentarian David Sington (In the Shadow of the Moon), THE FLAW tells the story of the credit bubble that caused the financial crash through interviews with some of the world’s leading economists, including housing expert Robert Shiller, Nobel laureate Joseph Stiglitz, and economic historian Louis Hyman, as well as Wall Street insiders and victims of the crash. More topical than ever, the film presents an original and compelling account of the toxic combination of forces that nearly destroyed the world economy, demonstrating how excessive income inequality leads to economic instability.
At a time when economic theory and public policy is being re-examined, this film reminds us that, without addressing the root causes of the crisis, the system may collapse again… and next time it may not be possible for governments to rescue it.
Interview with Director David Sington
Official Selection, Sundance Film Festival
Official Selection, Sheffield Documentary Festival
Official Selection, Boulder Film Festival
Cast:Joseph Stiglitz, Robert J. Shiller, Robert H. Frank, Louis Hyman, George Cooper
Crew:Clive North (photography), Peter J. Richardson (graphic designer), Philip Sheppard (composer), David Fairhead (editor), Stephen Lambert (executive producer), Christopher Hird (executive producer), Luke Johnson (executive producer)
“[Goes] out of its way to make economic theory and practice digestible to lay audiences.”—Variety