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Review of "Life and Debt" by Stephanie Black

C M · 1,195 words · 6 min read

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0:01This is a review of the documentary film

0:03life and debt written by Jamaica King

0:06and directed by Stephanie Black. It

0:09examines the economic and social

0:11situation in Jamaica and specifically

0:13the impact of the IMF and the World

0:15Bank's globalization policies.

0:18The film opens with the arrival of

0:20vacationers to the island and quickly

0:22moves to inform viewers of the island's

0:24colonial past into its present day

0:26economic challenges. As we look at the

0:29vacationers in the hotel, the narrator

0:31states, "When you sit down to eat your

0:33delicious meal, it's better that you

0:35don't know that most of what you're

0:37eating came off a ship from Miami. There

0:40is a world of something in this, but I

0:42can't go into it right now."

0:45As we begin to view the postcolonial

0:47scenery, the film cuts to footage of

0:49former Prime Minister Michael Manley in

0:51a postindependent speech condemning the

0:53IMF, stating that the Jamaican

0:56government will not accept anybody

0:58anywhere in the world telling us what to

1:00do in our own country. Above all, we are

1:03not for sale.

1:05According to Michael Manley, he was made

1:07to sign Jamaica's first loan agreement

1:08with the IMF due to lack of feasible

1:11alternatives. At present, Jamaica owes

1:14over $4.5 billion to the IMF. Yet, the

1:17meaningful development that these loans

1:19have promised is not evident with the

1:21island's current situation. To improve

1:24balance of payment, devaluation, high

1:26interest rates, and wage guidelines are

1:28recommended. The IMF assumes that

1:31keeping the price of leaveup down will

1:33be an incentive for increasing

1:35employment and production.

1:37increased unemployment, sweeping

1:39corruption, increased violence, high

1:41food costs, broken down hospitals,

1:44characterize only part of the present

1:46day economic crisis in Jamaica.

1:49In a segment addressing free trade

1:51zones, we saw workers who sold for

1:53American corporations earning only $30

1:56US per week, which is a mega $1,200

1:59Jamaican dollar. The workers did that

2:01they are paid in Jamaican dollars as

2:03opposed to US dollars, which a country

2:05needs.

2:07These factories bring shiploads of

2:08materials into the country taxfree and

2:11taxfree means that the country is not

2:13receiving much neededed funds. Jamaican

2:15government in order to ensure employment

2:17is offered has agreed to the condition

2:20that no unionization is permitted in

2:23free trade zones.

2:25Yet now due to NAFTA these dismal yet

2:28precious jobs are being lost to other

2:30developing countries at even lower labor

2:32costs. This cooperation seem to be

2:35bouncing from one country to the next.

2:37That is those willing to work at a

2:39slave's wage. Where is the protection

2:41when you are placed between a rock and a

2:43hard place?

2:44Another segment tells the story of a

2:46chicken plant which had been flourishing

2:49in Jamaica. The business had been

2:51weakened by US dumping of low-grade

2:53chicken parts to Jamaica where these

2:56foreign companies selling their products

2:57to their own markets.

3:00Agreements such as NAFTA function to

3:02enforce the inequality under the excuse

3:05of free trade. The chicken which was

3:08very old and intended for Haiti, another

3:11island going through financial crisis

3:14was said to be extremely old upon

3:15inspection.

3:17The Rastafarian men sitting around the

3:19fire given account about chicken about

3:22certain foods which were meant for slave

3:24consumption during colonial rule. The

3:26chickenpox was said to be food to

3:29slaves.

3:31There was also a segment on the banana

3:33industry where Jamaica had been granted

3:36preferential treatment from the British

3:37government through the Lomi convention

3:40providing tax-free imports per per year

3:44to England. Uh the US government

3:46demanded that the Lomi convention quota

3:48be removed forcing Jamaica to compete

3:51with exporters from Central and South

3:53America, specifically Chikita and Dole,

3:56which are US companies who produce

3:58bananas on a large scale.

4:01Central America is characterized as

4:02being cheaper labor regardless of

4:04quality and means of production. Life

4:07and Debt aims to clarify the impact that

4:09these economic policies have on

4:11day-to-day lives of the people they are

4:13said to benefit. The breakdown of the

4:16democratic process becomes clear as the

4:18Jamaican people are removed from

4:19participation in the decisions that

4:22truly affect their lives.

4:24The IMF promotes an agenda of monetary

4:27strictness, currency devaluation, and

4:29lowering wages. The goal to reduce

4:32inflation by balancing a nation's loan

4:34repayment and imports with its export

4:37earnings. The result is usually

4:39recession. The World Bank takes a longer

4:42run perspective. It aims to structure

4:45adjustments such as

4:48which means that they're trying to

4:50transform a borrower's nation economy

4:52into a free market economy. These

4:54policies are supposed to benefit the

4:56world economies by integrating them into

4:58the global market.

5:00What actually happens is that goodwill

5:02people suffer. The term mobilization is

5:05touched with rosy one optimism whose

5:08name vaguely implies unity, equality,

5:10and freedom. But as Stephanie Black's

5:13powerful documentary Life and Debt

5:15illustrates, with an impressive and

5:17depressing perception, globalization can

5:20have a devastating impact on third world

5:22countries. Soul touching songs by famous

5:25Jamaican artists are heard throughout

5:26the film such as one love by Bob Bali,

5:29Circumstances and Destiny by Bju Benton

5:32and Fools Die by Peter Tosh. Jamaicans

5:36Jamaica's Die Condition may have been

5:38the foreground for this artist creation.

5:41In ending, I leave you with one of my

5:44favorite songs, Destiny by Buju Banton.

5:48The rich man's wealth is in the city.

5:52[Music]

5:55Destruction of the poor is his poverty.

6:00Lord,

6:02destruction of your soul is vi.

6:07[Music]

6:11Do you hear?

6:14High and high. I I want to ruin my

6:18destiny.

6:21Yeah. High and high. I I want to ruin my

6:25destiny.

6:28Wo.

6:30Destiny. Mama from where you call me.

6:35Mama where you calling.

6:38I want to ru my destiny.

6:41Yeah. Yeah. Oh my please

6:46rule my destiny.

6:49Oh Lord, I've been blessed. I've been

6:52touched. I love so much. They keep

6:55fighting me. I'm not giving hope.

6:59I am feel my spiritual hope. Wisdom

7:02overand must never be too much. by

7:05protection day and night from even the

7:09best that walking at daylight. Destiny

7:14mama, look from where you calling.

7:16Destiny, mama, look from where you

7:19calling. Yeah. I want to rule my

7:22destiny. Yeah. Wo. If I please

7:28hold my destiny,

7:32[Music]

7:36Lord, you have them in the region in the

7:39valley of decision. Restraining the Eden

7:42with a rod of iron. You know not the

7:45destiny of a next man. Why hold him set

7:49him free for too long? I I want to rule

7:54my destiny.

7:56Oh yeah. I and I really want to rule my

8:01destiny.

8:03Here we call God.

8:06Destiny. Mama look when you calling

8:09destiny. Mama look when you calling

8:14I want to rule my destiny.

8:17Oh hey everybody please. I want to rule

8:22my destiny.

8:25Where could I b my destination is what

8:30bound? No forces try all I down.

8:34Breaking chain has become the norm. I

8:37know I must get true. No matter what I

8:40want.

8:43Mama look when you calling. Destiny.

8:46Mama. I look when you call

8:51my destiny. Lord, I tell you once more.

8:57The rich man's wealth is in the city.

9:02Oh,

9:03destruction of the poor is our poverty.

9:09Yeah.

9:11Destruction of her soul is man.

9:15[Music]

9:18Do you live? You will.

9:22Woah. Woah.

9:24Destiny.

9:28Destiny.

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