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Catastroika
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Catastroika

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Greece's 2010s bailout came with a condition: sell off state assets to pay down debt. Catastroika, made by the team behind Debtocracy, follows that privatization program and asks what happens to a country once its ports, utilities, and public companies pass into private hands. The film interviews economists, union officials, and ordinary workers to trace privatization's record elsewhere first, then applies those lessons to Greece's own sell-off of state property under pressure from international creditors. People who lost jobs or watched services deteriorate after a company changed hands get direct screen time, alongside analysts arguing the economic case for and against the policy. The film treats privatization less as a technical fix than as a transfer of power, one that reshapes who controls water, transport, and telecommunications long after the immediate debt crisis fades from headlines. It stays focused on Greece as its central case study throughout.