Fictions and Futures
Arne Hector & Minze Tummescheit (DE 2013, 30 mins)
Anybody can legally participate in the huge casino of the commodity futures market in the hope of making real profits from an abstract contract based on a fictional premise. At the same time, like an invisible hand, futures determine the prices of real food, setting the industrial standards worldwide for agricultural production. In Fictions and Futures #1, Gloria, the voice of the brokerage firm by the same name, introduces us to the language and logic of the financial world. In her words, and those of her handpicked guests, we find out what narratives fuel the markets, why the scarcity of raw materials is a reason to rejoice, and how an announced catastrophe can be used by special interests to lever an advantage.