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Wealth, Privilege, and Responsibility: The World of the Superrich
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Wealth, Privilege, and Responsibility: The World of the Superrich

28 MIN · EN · STATUS: [ STREAMING ]
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Germany's rich occupy a world most citizens never see, and this film goes looking for it. A luxury watchmaker's CEO argues German industry is strangled by overregulation and offers too little reward for risk-taking, while a wealthy Dusseldorf building contractor makes the opposite case: most German millionaires inherited their money rather than earned it, and he wants sharply higher taxes on wealth like his own, with the revenue funneled into infrastructure and education. Cameras follow students at Salem, the boarding school where tuition runs into the tens of thousands of euros a year and children of business dynasties are groomed to eventually run the family firm. The film cites a figure often repeated in German debates, that scrapping the wealth tax in 1997 has cost the state 380 billion euros in lost revenue. Interviews with the wealthy themselves, not just critics, give the film its texture, letting self-justification and self-criticism sit side by side as Germany's financial troubles deepen around them.