7/19/11 The Zeitgeist Movement | LA, CA Townhall [Part 1: Talks]
Includes a 30 min Lecture on the "Debt Crisis" by Peter Joseph. Part 2: http://www.youtube.com/watch?v=eu58Dlg9yBA About: "The Zeitgeist Movement's Townhall Meeting is a community forum for the public to engage the Movement's coordinators about root-cause understandings to social problems, and the solutions we advocate culminating in what can be termed a 'global, resource-based economic model.' " LA, CA, USA Townhall, 7/19/11 http://zmca.org/ http://tzmlaca.org/post/tzm-at-los-angeles-ca Speakers: Peter Joseph (Global Coord/Founder TZM), Jen Wilding (US National Coord) Jason Lord (CA Coord) Eva Omori (Los Angeles Coord) Brandon Kristy (Los Angeles Coord) Sharleen Bazeghi (Event Coord)Category: Education
Author: TZMOfficialChannel
Published (on YouTube): 2011-08-11
Published (here): 2012-05-27
Rating: 4.952494; Votes:421
Views: 8975; Favorites: 127
Video duration: 51 min.
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Comments on «7/19/11 The Zeitgeist Movement | LA, CA Townhall [Part 1: Talks]»:
HajtomY on 2012-02-28
its not the ...
its not the transaction that is the problem XD look at it as a whole.
kajmobile on 2011-11-23
Im not sure what ...
Im not sure what you are trying to say. what would u replace money with?
technatezin on 2011-11-23
"Money is not ...
"Money is not supposed to be a system of physical accounting" Why not? What's there to prevent it from being that? This is the reason why societies WILL fail. It is not a question of if it will fail, but when it inevitably does fail. Because subjective transaction units is confused with physical wealth when it isn't. "It is a way for consumers to subjectively value goods and services" What's wrong with quantity purchased as a demand indicator rather than subjective units of trade?
kajmobile on 2011-11-23
Money is not ...
Money is not supposed to be a system of physical accounting. It is a way for consumers to subjectively value goods and services. Value is subjective. And the market is a walrasian auction. But that doesnt mean we dont do physical accounting. we do. every country and relevant companies track material flows.
technatezin on 2011-11-23
(cont.) Right now ...
(cont.) Right now trade is done in a way where benefits are accumulated for political purposes not for functional utility. Because of this people always have to "watch their back" so to speak to guard against the other party in the trade transaction screwing them by gaining an advantage over something that is worth less in exchange hence the reason why we have commercial laws and lawyers. This is the same reason why we have money which is a commodity in itself we can haggle over.
technatezin on 2011-11-23
What you don't ...
What you don't understand is that money relates to neither anything physical as in material goods and infrastructure nor does it relate to any tangible process as in information interpretation and accumulation. At the present moment money is a political tool. In order for any sort of society to be sustainable over the long run it's medium of physical accounting must relate to something that is actually physical or to information which allows it to efficiently process physical matter.
kajmobile on 2011-11-21
value is the ...
value is the percentage of your income you are willing to exchange for some good or service. in 2010 we produced physical goods and services with a total price of $14.5 trillion. so we paid out $14.5 trillion in income so that demand equals supply. expense is the value paid for workers and their capital in making stuff. if consumers dont value that stuff more than its expense, it is unprofitable and no longer made. i dont understand what u r getting at
technatezin on 2011-11-21
"we could make ...
"we could make money out of gold but gold is far more expensive to produce than digital money which has zero cost" Sure, but really ask yourself what the current form of money is? What is it? And don't give me the same stale answer that it is a store house of value because then I can regress even further and ask what is "value"? Next tell me what is physical and how does physical resources become useful goods and services? How does physical resources correlate with our current money?
MrIzzyDizzy on 2011-11-05
yeah needless ...
yeah needless complexity is a great phrase to use in disscussions of the rbe
MrIzzyDizzy on 2011-11-05
jason lord state ...
jason lord state cordinator is guy 1 in the piggy bank scene of zmf - gj mr lord
uea978 on 2011-09-18
Hats off for the ...
Hats off for the guy on minute 38! Amazing!
dvmovie on 2011-09-18
This is a fantastic ...
This is a fantastic presentation, and the quality of the clip is superb. Wish all the lectures had this level of video and audio. I can't believe some people refuse to see the destructive elements of the system, like the unsustainable "pyramid" attributes, the negative effects of a consumption cycle on our environment, the inherent corruption that money creates on so many levels, etc. etc. It's outdated and obsolete, and yet we hold on. But not for much longer. Collapse in progress, people.
nomadazm on 2011-09-12
join the linguistic ...
join the linguistic teams and help spread this information into all languages and corners of the World. 5 billion don't speak english. English proofreaders needed!!! Linguistic Team International (LTI) facebook group and forum.linguisticteam org/
kajmobile on 2011-09-05
eliminating money ...
eliminating money doesnt eliminate cost. eliminating money makes it impossible to manage an economy for the reasons in my comment below u dont need a money supply greater than the amount of debt to pay back all that debt. u need a greater INCOME than the amount of debt PAYMENTS. capitalism should be replaced with democracy not the RBE fantasy
gocorinthian on 2011-09-05
I would not be ...
I would not be saying make things more expensive, actually the abolishment of money would make things in essence, free, cost efficiency does not work in an economy not based upon monetary value. I would like to see how this is not true? Debt accumulation for all nations is way above actual money not only in circulation but in holdings, and the gigantic derivatives bubble could never be payed off without austerity movements that would destroy social structure as we know it.
kajmobile on 2011-09-05
but the point peter ...
but the point peter joseph was making was that there is not enough money in circulation to pay back all the loans plus interest because the money for interest was not created. and that simply is not true and shows that he does not understand how basic banking works. his explanation of banking is just as accurate as his explanation of what happened on 9/11
kajmobile on 2011-09-05
money is a unit of ...
money is a unit of measurement. it has to expand as the economy expands in order to maintain stable prices. if we made money out of something other than thin air, it would add an unnecessary cost. we could make money out of gold but gold is far more expensive to produce than digital money which has zero cost. y do u want to make things more expensive?
gocorinthian on 2011-09-05
You have explained ...
You have explained a point in which money is created out of thin air, which is exactly our current money-market paradigm, and exactly the problem.
starknight97 on 2011-09-05
only in a system ...
only in a system that then builds a 14.7 trillion in hole.
starknight97 on 2011-09-05
it does where your ...
it does where your reports and facts and study's unbiased of course. I'll agree at first do to old brainwashing this maybe true. though more then we can produce not likely as a cell phone is a great example you can out produce want. This need to want more then you really need will die fast when you know it there waiting when you need it. Then the need for these things will die to. then you'll look at your self say what can i do. no volunteers to build the system that do much easier.
kajmobile on 2011-09-04
he says TZM is ...
he says TZM is about using the scientific method science says that people will demand far more than u can produce when everything is free so u need some kind of rationing system like money/vouchers and science says there is no evidence that u will have enough volunteers to run the entire economy. so saying we r able to stop paying people to work is not an application of the scientific method
kajmobile on 2011-09-04
peter joseph needs ...
peter joseph needs an economics lesson. he is clueless on how banks work. if u have 1000 shells and owe 1500 shells, there r plenty of shells to pay off that debt if money circulates twice per year, and the debt needs to be paid back in 5 years, 1000 shells will create 10,000 in income which is more than enough to pay back 1500 in debt.
tragicpoetics on 2011-08-31
don't get ...
don't get discouraged due to other people's lack of awareness. Always remember that outright disrespect gets you nothing, winning a debate is a hollow victory because most likely the other person leaves with very little change to their outlook, but DISCUSSIONS are what make the difference. Always leave the door open to your opponents to join you by showing them the inherent truth of the movement, rather than only dismantling the unintuitive constructs of their conditioning.
tgseason12 on 2011-08-27
Yeah, true, I ...
Yeah, true, I converted this to an mp3 and listened to it instead.
Herbarius on 2011-08-27
You are hitting the ...
You are hitting the nail on the head. (2) and (3) are important aspects of the thinking TZM is promoting. Trying to speed up the process you talk about in (1) is what TZM is trying to do. Of course "speeding up" doesn't mean it will happen instantaneously. But hopefully it will provide the edge needed to win the race against ecological and socio-economical collapse.