Saturday, 12 September 2015

A deliberate flawed system?

Zeitgeist Addendum (2008)

Back in the mid and late 70s, whenever there was free time, we would gather at the back of the class to talk about politics of the world. That child prodigy that we once knew, who used to rant gibberish of the things he had read from hardcover nonfiction books. We would all just awe in amazement. Well, he is back. He found him very much kicking and alive after much of life's hard dents. And now that he has got his bearings in order, he is ready to continue his discussion- in person and in spirit via Whatsapp. Armed with further 35 years of knowledge, he is ready to discuss and argue any subject at our pleasure.
We, the same minded, have started a chat for this very reason. Bytes over megabytes are spent discussing over varied subjects encompassing religion, mysticism, realpolitik, history, civilisation, philosophy, psychology, economics, mankind, you name it. During one of those lengthy discussions, this documentary came up when we were talking about Islamic banking and fractional-reserve banking.

Call it a conspiracy theory, call it the cry of the losers, this documentary is an open opener to many, like me, who is trying to understand the daily occurrences of the world. Whatever anyone promises, liberty, freedom or social justice, it is all about the economy, stupid!

Money is created out of thin air via modern money mechanics where a physical asset is not needed to generate more money; contracts and bonds suffice. Essentially, money is created out of debt making everyone a slave to pay debts.

The film shows a dangerous liaison between the American government and multinational companies and their arm twisting techniques to place their own companies to be in business in less developed countries. This, they do via systemic annihilation of local industries and below belt tactics. In the end, the country and their citizens suffer. Profit is the primary aim and everyone is just out to chisel out each other to own a piece for themselves. Nobody is out to change anything. Status quo and artificial scarcity are good for business. Every system seems to be flawed as leaders, immaterial of their political beliefs, is only for himself.

The producers of this film suggest a resource based economy (versus the current monetary system) as an option to rid world and humanity off its present day woes of economic injustice and inequality. They propose a near Utopian clean world where technology is deployed to feed the world and renewable energy is tapped from nature itself from tide change, wind, solar, wave and geothermal methods.

It all looks hunky dory on film but how is it going to be in reality? After being fed with a menu of charity of a social state on one hand, negating the need to strive harder and the seed of capitalism in the other where greed is good and is the basis of success, can the human race start everything anew? Maybe we need a major catastrophe. Maybe our race will self-destruct to sieve out the negativities for its own good!

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