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Tuesday, October 28, 2008

Zeitgeist Movement

I'd like to recommend a very timely 2-hour documentary called Zeitgeist: Addendum which you can watch online here in its entirety. This is a sequel to the original Zeitgeist movie on a different (although arguably related) topic, but I think it's a much better film.

The movie explains how our financial system works, which I was very glad to learn. I had no idea what the Federal Reserve was, how it came about, and how it affects the value and supply of our money. Our system is designed such that every dollar created by the Federal Reserve creates a greater amount of debt owed to the Federal Reserve by our government. (The Fed is not a governmental institution, but a private one.) Basically the way things work now, our economy will never be free of debt, and thus our citizenry will always be financially enslaved. It's kind of a depressing reality.

But the film offers hope in the form of projects like The Venus Project, which is a movement away from a monetary-based system and toward a technologically-based system. (PDF explaining the project can be downloaded from this site.) Technology is the means to attain true freedom, the Venus Project posits, but advancement of technology is crippled by the motivation to create profit. Monetary systems are inherently imbalanced, inevitably creating socio-economic strata, rather than a balanced society.

Anyway, those are some of the themes of the film, and I found them rather interesting. The movie is a little bit alarmist (although not as alarmist as the first Zeitgeist), but it has rather provocative things to say.

I'd love to hear what you all think if you get a chance to watch it.

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