The Spider’s Web: Britain’s Second Empire (2017)
The Spider’s Web: Britain’s Second Empire is a compelling documentary that unravels the intricate web of Britain’s transformation from an imperial power to a global financial force. Here are the key points from this thought-provoking film:
- Historical Shift:
- The documentary explores how Britain’s role shifted from colonial dominance to becoming a major player in international finance.
- At the decline of its empire, Britain’s financial interests expanded globally.
- Offshore Secrecy Jurisdictions:
- The film reveals how Britain established a network of offshore secrecy jurisdictions.
- These jurisdictions allowed the capture of wealth from around the world, hidden behind complex financial structures on offshore islands.
- Corruption, Secrecy, and Regulation:
- In the world of international finance, corruption and secrecy often prevail over regulation and transparency.
- The UK plays a central role in this system, with up to half of global offshore wealth potentially hidden in British offshore territories.
- Experts and Perspectives:
- The documentary features contributions from leading experts, academics, and campaigners for social justice.
- Through stylized visuals and archival footage, it exposes the heart of the financial system where secrecy and opacity thrive.
