Global finance is a doomed plot by the looks of it today. It is a rigged system and it will ruin the people and the planet. Capitalism needs a reform and there are solutions, like the one presented by the Zeitgeist movement. Here is my summary of a documentary Youtube video by the movement on the problem and also the solution.
- A predisposition is not equal to a predetermination
- conditions can turn on or off some genes - "epigenetic" conditions act upon the genes
- beware Eugenics mentality because we can improve predispositions in genes
- it is social, economic and political factors that induce most problematic behavior, not genes
- what is acceptable and what is respectable is an arbitrary thing in our society
- addicts of profit are in denial, yet they are also respected
- prenatal stress already develops the person
- memory only develops after 1.5yrs explicit – literal memory
- emotional memory of the baby is implicit – shapes us but unrecalled
- human touch is essential for development
- SOCIETY IS NOT HEALTHY & IS DENYING BASIC NEEDS OF HUMANITY, THAT'S WHY WE COME OUT SO DAMAGED PSYCHOLOGICALLY
- John Locke’s book talks of how govts and laws should be
- but when money comes in it damages the system,
- Smith says its not only private property and buying labor as much as they want, tragically, leading to abuse & waste
- the invisible hand of the market that balances things but that means "the system" is the hand of god
- these lead to the eco-genocidal culture we have today, capitalism,
- Adam Smith originally gave a system but he never saw financial trading or investment where money is gained by money with zero productivity
- Money has become a commodity in and of itself
- You cant judge the well-being of a humanity by the GDP as capitalism tries to do
- its a system disorder, and its fatal to humanity
- the more gdp rises the more we should worry about the deterioration, you have to create problems to create profit
- an economy should economize, absence of waste is a sign of efficiency
- but capitalism requires the opposite – consumerism to keep the money flow in rotation,
- capitalism relies on built in obsolescence, circular consumption, planned obsolescence, inherent wastefulness,
- there is an incentive to make things break or of poor quality to maintain consumerism,
- but it is using all the rare metals that are finite
- efficiency and sustainability and preservation are the enemies of our economic system
- therefore we cant cure cancer, we need people sick for profit
- we need terrorists and wars to blow up stuff and then rebuild them, like Iraq
- environmental sustainability is against capitalism
- economists are propagandists of money value, Milton Friedman and Keynes
- Self-maximizing money or commodities is exploitative,
- The market system and the monetary system work together
- fractional reserve banking, and compound interest – creating money out of thin air – are a giant ponzi scheme
- money and consumers both have to keep growing
- money is monetized debt, interest is charged on all loans and the money to pay the debt interest is not created yet. 37 It's a Ponzi. Based on inflation and bankruptcy
- perpetual increase in money supply is to pay the interest on loans
- debt collapse occurs when the interest payments are no longer possible to payments
- debt creates wage slaves, cops need them, as do countries
- IMF and World Bank give big loans at high interest, which cant be paid and then they come in and take your assets
- stock market just buys and sell debt and money, Goldman Sachs and Greece nearly collapsed the EU economy
- Wall st breeds people who have no empathy said Max Keiser, now they just build algos to do it,
- Wall st is based on bribes among insiders, Fraud is the system, not the symptom
- trading fraudulent debt by re-securitising nothing, and swapping debt among each other as banks do, is their system
- $700 trillion derivatives still going on
- how do you bail out a planet, there is no country not saturated in debt?
- 60% of countries on the planet will be bankrupt in a few years because of debt which is just a game,
- And yet the well-being of people is hugely compromised
- the monetary -market paradigm that runs the world is run on inequality – huge inequality, which ruins societies
- class division is built into the monetary system – structural classism
- 1% owns 40% of the planet’s wealth
- equality will end violence
- there is also a health socioeconomic gradient
- the socioeconomic system itself is the very flaw in the entire system
- solution is a resource-based economy