Money = Debt

Ben and I watched this the other day.  Very convincing.  Have we been fooled all these years?

I've always hated this game, and the idea that it's all fake doesn't surprise me.  Any economists out there that can attest to/protest against this?

I'm not too sure about their proposed solution, but their points about the built in pitfalls of our current system seem to be pretty convincing.

Zeitgeist - Addendum

Also, haven't watched this yet, but looks interesting.
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arulba
Catching up on Vox stuff, again! I watched half of this and it seems plausible, but at the same time, doesn't produce much evidence, either. The whole idea that we create money out of "nothing" is how capitalism works, for the most part. The nothing isn't nothing, the nothing is the expected generation of something that hasn't been generated yet. But it's pulled out of context here - in conspiratorial terms which may or may not exist. The film doesn't provide enough evidence to convince me the conspiracy exists, even though I tend to be suspicious of the underpinnings of capitialism.

There is a fantastic documentary called Life & Debt about how some of this plays out in Jamaica. Clearly, there are abuses going on.

But this fearmongering approach makes me skeptical. Much of the world has been pulled out of povetry through capitalism even though it is true that the gap between the have and have nots continues to expand. So, I don't know. I just don't particularly care for the fear mongering that has gripped current society. I distrust anything that resorts to it. Give me evidence. I'm sick and tired of emotional manipulation.
lightandstorm
Yeah, I don't respond to that part of it either. Like, I can see how some of this stuff can be the result of the system we set up, and how the people in power would be motivated by profit and self-perpetuation and how that might influence them to act. But I don't really think that this is something that the people in power are doing with evil purposes merely in order to suppress us.

And that was one of the things I brought up when I was discussing this...they say that the people in power are just fear mongering us to get us under their control...but what are they doing? And even with their newly proposed system...how are they getting us to think it's a good idea? By appealing to *our* need for comfort and security, by appealing to our drives for self-perpetuation and profit.

It seems kind of ironic to me.

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