The first half-hour is about the fractional reserve monetary system and how it
doesn't work. Then it goes into how debt created by the fractional
reserve system is used to create wage-slaves and exploit third-world
countries. The last part gives a vision of the future based on a
resource based economy.
From what I am understanding you are saying that the fractional reserve
explanation makes sense, but that debt-slavery/exploitation and resource economies
don't? Do you have a solution? Or do you think that the fraction
reserve monetary system is the best we can get?
Thanks for the input,
zaq
quoted 50 lines Date: Wed, 12 Nov 2008 11:27:37 +0000
> Date: Wed, 12 Nov 2008 11:27:37 +0000
> From: catmail_2004@yahoo.ie
> To: sam@forum8.co.jp; idm@hyperreal.org
> Subject: Re: [idm] Zeitgeist: Addendum
>
> i agree - anything after the first half an hour was shite
>
>
>
> From: Sam Marginson (FORUM8) <sam@forum8.co.jp>
> To: idm hyperreal <idm@hyperreal.org>
> Sent: Wednesday, 12 November, 2008 6:34:20
> Subject: RE: [idm] Zeitgeist: Addendum
>
> I thought the movie sucked pretty badly, just quietly. It had some merits -
> the section about the economics of our situation was somewhat interesting..
> however, there was no detail about the path to the utopian dream at the end
>
> -----Original Message-----
> From: Z Moser [mailto:roachgod69@hotmail.com]
> Sent: Wednesday, November 12, 2008 12:20 PM
> To: rick@glowdot.com; idm hyperreal
> Subject: RE: [idm] Zeitgeist: Addendum
>
>
> Oh. I get it. Its not that it's because it isn't IDM. Its because you have a
> bias. In that case I will ignore you.
>
> Thanks for being clear,
> zaq
>
> > Date: Tue, 11 Nov 2008 18:59:18 -0800
> > From: rick@glowdot.com
> > To: idm@hyperreal.org
> > Subject: Re: [idm] Zeitgeist: Addendum
> >
> > Charles Goodwin wrote:
> > > Ya know, I never quite understood why people get so upset every time
> anyone posts anything that is not directly related to IDM, the same thing
> used to happen on the Tech-house list and now its dead.
> > >
> > Because this is the IDM list not the FW: FW: RE: RE: RE: FW: RE: OMG
> > ZEITGIEST MIND BLOWN MUST SEE BU$$SH = HITLER CONSPIRACY list, that's why.
>
>
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