November 2013, arsenal cinema

Speculative Insanity. Between Economic Rationality and Media Imagination

WELL DONE, 1994

The higher the risk, the greater the profit. The riskier an investment is, the higher its price. Capital that increases is always speculative; it is based on trust in the future. This program curated by Florian Wüst is a joint project by the Goethe Institut and the Institute for Cultural History and Theory at Berlin's Humboldt University that reflects upon the ambivalent "magic of the modern world of finance" against a backdrop of the economic, social and technical developments of the 20th century and early 21st century. Thomas Imbach's WELL DONE uses serial montage to depict the post-industrial workplace with its diktat of data flow. DAS NEUE WERKZEUG, an IBM commission from 1962, will be shown before the main film. (5.11.) In NICHT OHNE RISIKO Harun Farocki records the tough negotiations between companies and investors, whereas Jan Peter Hammer's THE ANARCHIST BANKER (12.11.) stages a television debate with an egocentric banker. (fw)