You have to love Charles Eisenstein, such a great mind serving the people and evolving into a real of loving awareness for our gift of life and making money sacred.
Thank you for all the time you have spent studying this matter, to summarize It so clear, and to provide light to this new path (most os us dont even know we're on it already). I've been thinking about and discussing this theme for some time, but did not fins any info.... Thanks again!!!
Thank you for all of your important work. These ideas are desperately needed now. Please come to Chicago if you get the chance, we'd love to see you here!
Charles... I'm just hearing this for the first time. I have a question... I appreciate that we used to be more connected and gifted... rather than buying our needs from strangers. Is that 😎 completely bad? It would be beautiful if I trusted everyone in my community to have good intentions but I wouldn't. Maybe it worked out doing favors for each other but as a women, I've felt the consequences of having to ask "favors". I really appreciate now that I can pay a someone to "fix" my car and go away. I'm grateful many of my relationships are "transactional" because I get tired of having to stand and stand... to hold my boundaries. I wish I trusted in everyone's integrity to cooperate ethically.
Wonderful articulation of brilliant analysis, Mr. E. Value is the fundamental element that determines the consequences of money. People choose petrochemicals over Cannabis. If we are able to value food over gold, then we will survive. Unlikely but possible.
because we are not mere animals that simply react to our environment. we can create resources by acting upon our environment. we all have a creative gift. the last time we were free to express those gifts was during the renaissance periods
Been a long time, man. Good to see you preaching the good word about monetary reform. I've been learning about this myself for the last few years, but just stumbled across your stuff this afternoon. 加油!
I suggest you study up on the Spanish Revolution and other examples of mutual aid, self-management and direct action. As for your question of "(h)ow do you expect to allocate resources w/o money or coercion?", the people don't (and didn't) charge each other. Read Mutual Aid by Kropotkin. Anarchist/anthropologist David Graeber who helped initiate the Occupy movement suggests in his book Debt that money is a tool of states to establish hegemony. Sorry for previous crass comments.
One way to explain NEGATIVE INTEREST RATES is when whatever interest you are getting from your bank is lower than the INFLATION RATE that is inherent in the Fractional Reserve Banking System we are forced to use.
Truly a broaden yet unambiguous explanation of the Eb and Flow of money... Ultimately, money has been the privatization of LIFE itself... WOW! No autocue or cards. Just simple language and reasoning of thought provoking imagery of the in-defensible truth that the world is suffering from a Toa Teh syndrome, and though admittedly this is BAD, I add that it is also Good; because to fix a problem is to first know that one exist. Now what in part 2?
Of course I'm not talking about the Plymouth colony, but something many times larger. "There was no unemployment, and the price of living was still extremely low...Above all, there was a belief in the revolution and the future, a feeling of having suddenly emerged into an era of equality and freedom. Human beings were trying to behave as human beings and not as cogs in the capitalist machine." Orwell. We still have the worker occupied workplaces in Argentina not to mention the barter coops.
"I repeat: from the standpoint of social justice, money should be abolished, and libertarian communism is infinitely superior to capitalism..." Dr. Jose Maria Pueyo - The Anarchist Collectives by Sam Dolgoff. "Money is hereby abolished and libertarian communism is proclaimed in this village." The Story of the Iron Column: Militant Anarchism in the Spanish Civil War by Abel Paz.
Enlightening. Are you doing any talks in the U.K. soon? (I realise the nation state is a fiction heh, but it's as close as I get with very little "money"!)
There's a big difference between a people's real magic being dissolved by an imperial, empiric mysticism and and a false magic being dissolved by it own unreality.
The single problem with money is that it's controlled and issued by a state monopoly. Money needs to be fully privitized, that is, private banks issuing private notes backed only by that banks deposits. As long as the currency is singular and backed by the state, you have a Tragedy of Commons problem creating an incentive for banks to take on too much risk, since their profits are privately held but their losses will be collectively borne through inflation.
I like what you're trying to say here, but I'm at the 21ish minute mark, and my brain is giving me examples that contradict things you're saying. Like gifts vs. purchases- I can think of times I've given gifts that I felt were quite valuable, (sometimes money value, sometimes personal value) where the recipient seemed indifferent. And other times where I purchased things where I was quite grateful for the goods or services that were voluntarily exchanged. Money is a tool for exchange of value that makes exchanges much easier. As with any tool it can be abused, and too often is. I'm also thinking of the many times where I haven't bought items that were the cheapest, or where I've gone out of my way to support a specific business to show my appreciation for the work they do. It will be interesting to see how purely digital crypto currencies will affect the world.
I believe its up to us to create our own utopias. For me that starts with my direct experience right now. What part do we play in creating this current dystopia? This 'system' /capitalism /money -or what ever words.. For us to have this communication requires Congolese conflict minerals in our gadgets. Its not just about inequality. Its about participation in an exchange that directly relies on 3rd world debt, slave labour and war to operate. We are the 99%. Globally were closer to the 1%
@CurtHowland That is pretty inaccurate. Of the 6.7 billion humans (or probably more) alive on spaceship earth today, only 1.2 billion live in the developed world. For many of the overwhelming majority living in underdeveloped countries, life is shorter and more brutish than hunter-gatherer tribes and pre-industrial agricultural societies could have imagined. For example: slums, lack of access to clean water and rampant disease.
The first few minutes were beautiful, but it quickly goes sour. Money makes it possible to divide labor and economize across a society of billions or more. Reality dictates the need to economize our uses of resources in the service of our priorities; we compete for uses because resources are scarce and money tells the story of their relative value so we can make informed decisions. It also makes saving over time possible, which is the source of investment and thereby rising living standards. It doesn't separate us; quite the contrary. It makes it possible to maximize compatibility between provider and customer, employer and employee, professor and student. It gives us the opportunity to have groups of friends that don't also have to be our butcher, baker and candlestick maker.
Brandon Shavers I disagree with you. First of all NOT all money behaves the same way. Today we have the WORST sort of money because it is based on DEBT. When societies economies grow, more currency is required to service more transactions, and when that money in order to exist has to be lent out by a bank, at interest, then you begin to understand where we are at the moment.The problem is compounded when we realize the money creation process NEVER creates the money needed to pay the interest and therefore the system pits consumers against consumers to seek the scarce funds available.Even businesses all require a "repeat" consumer purchases to pay the rent the following month, so to think the transaction ends after money exchanges hands is impractical and gives the wrong signals to the individuals in society. The facts are WE NEED EACH OTHER to satisfy many of our needs to live, and a system without money, as some Credit Exchange outfits are implementing, is the future of civilization.READ - The End of Money, and the Future of Civilization" by Thomas Greco.
Cannabis has severall truly essential values. It is the only possible basis for a functional economic system, based in abundance and equitable global distribution.
I must clarify that Equality is not limited to one subject matter including life Therefore with your already acceptance of "equality before the law" it is somewhat odd that you would suggest that the actions of killing the rich would be seen as a solution/justification. The killing in such manner is Unlawful However if you acquired your wealth by wicked means, it should be taken away, but to kill such a person I beg not I believe the Equality intended is the Equal access to resources to thrive
Yes, that video is pretty interesting, if somewhat misleading. Its a super interesting topic though. But currently, for countries lacking adequate medical infrastructure life spans are considerably shorter than wealthier nations. The point I wanted to get across though, is its so easy peasy for us to feel like the current system is working fantastically for humanity. This is an illusion. From a global perspective all humans are not benefiting equally, and the majority is not benefiting at all.
Even negative interest is sort of 'forcing the hand' of the person having to re-invest which doesn't seem a very natural approach. I think the solution would involve believing in what you saying rather than encoding it into a patriarchal system of force. Money should be replaced with truth or at least made unimportant
You sound like a textbook But what resources are you referring to? I'm referring to FOOD, CLOTHING, SHELTER, HEALTH =THRIVE Not FANCY MOBILE, MANSION, YACHT To be Lazy & corrupt is unlawful We're not denying focusing on the failed solutions/problems of the past But we are now looking at solutions of the future To keep doing the same thing and expect a different result is INSANITY, There is a rule for dealing with the past it is called WISDOM! Do not let your knowledge be lacking your growth
{tl;dr} Money does not actually have similar ideation or power as God or Spirituality. Money is a tool, which is a derivative of Time. Time is equal to God and time brings us multiverses of spirituality. Money is an overly simplistic representation of time whose property of fungiblity has obligated prior civilizations to institute generational debt jubilee. Unfortunately, with our levels of social distortion, resetting the debt is insufficient to prevent global warfare. Transtemporal currencies may make it possible to re-integrate the social and the economic dislocations we are now experiencing. {Disclaimer: not actually reversible across dislocations but can act as a legitimate proxy for an equitable power and resource distributions, (whether political, economic, social or ecological). Another feature is that moral corruption can be minimized across time, and moral hazards cannot manipulate the time-value of money... meaning interest is unnecessary to drive growth and a rentier economy becomes unattractive as a wealth generation economic methodology. The bug is that direct democratic participation is necessary, no, that’s a feature too. The caveats are that there are risks with all systemic reductions and time can be abused under abundance economies too. The penultimate goal is for a moneyless society, the risks of not thinking about how to get there are disabling our collective ability to escape the current illusions and false assumptions embedded into crypto currencies and Social Credit. What if we could retroactively adjudicate value across time as a methodology for reducing moral hazards in the organization structures that we use for social management? The use of commodities as money was a rational choice but alienated the attributes of time, which was systemically reintroduced as interest on debt. Interest is a maladaptive means of preventing wealth hoarding in order to expand empires. Although it may have been necessary for prior civilizations, we have the means to make currency socially accountable across time, which could also eliminate speculation while being generative towards investing. Transtemporal social currencies could make mutual plurality possible. {I don’t want to make this seem simple, there’s actually complexity in the intersubjectivity aspects value and markets. And, it’s compatible with existing currencies, which means that it can be weaponized as a currency for global peace. Then again, God does seem like a more awesome solution.
"Equality of outcome" is a very dangerous idea. I recommend you re-think that motivation seriously. Improving the situation for everyone, I'm all for. Equality before the law, yes. Because people and situations differ, trying for "equality of outcome" always leads to murder on a vast scale, because while there will always be "the poor", "the rich" are easy enough to simply kill so that everyone is poor, equally.
False, the power of money/currency comes from government enforcement and taxation. Government forces taxes to be paid in fiat/federal currency. This is the root of the problem. If taxes could be paid with any hard assets (processed commodities, cotton thread, hemp, nickel, copper, gold, silver, indium, tin, etc.) then fiat would cease to be valued and stop being used. Community currencies backed by hard assets (PMs, nickel, etc.) could easily be used in place of a central fiat currency.
clairishe MONEY does not have to be "backed" by any metal. The value of a currency relies on the strength of an economy that uses it, according to its degree of knowledge and training of its human capital, the correct use of its legal framework, the enforcement of its laws that have to be based on a congruent structure, and the HONESTY of its members. This is why we're going through a horrible situation today because CORRUPTION is so widely spread from the top down.Just imagine how many years since we were born and most governments in the planet refuse to tell their people the use of Fractional Reserve Money is a FRAUD constantly sucking part of the wealth created by its producers in the Real Economy.Once you research and understand how money is created today, you realize BANKING IS ORGANIZED CRIME as it's forced on all of us.
"You sound like a textbook" Thank you. That means I have my facts and logic in order. "But what resources are you referring to?" All of them. Including that resource that makes all the rest possible, respect for the private individual to their own body, their own labor, and the fruits of their labor. "To keep doing the same thing and expect a different result is INSANITY" I agree. That's why I oppose Socialism.
@Mutantslugprincess You could use some more information on the subject. As a start, I would suggest this video, "200 countries, 200 years, 4 minutes" /watch?v=jbkSRLYSojo Once you correct for child mortality, lifespans are pretty good, and always have been.
Okay, what I think you're doing is insisting that only capitalism knows how to do this (i.e. allocate resources). The USSR was a State Capitalist society btw. Lenin reintro'd capitalism to Russia with his NEP (New Economic Proposal) during the 10th Party Congress. Anyway... are you actually stipulating that the anarcho-syndicalists in Spain didn't know what they doing? That the many decentralized factory & economic committees had no hope of understanding needs despite their known success?
Money also enables the division of labor, and allows the overwhelming majority of people to have standards of living undreamed of by anyone in ages past. Money is a fantastic invention, and to try to be rid of it will collapse all of civilization back to the subsistence farming and hunter-gather tribes that existed before it. Personally, I'll take money and a long life than no money and a life that is nasty, brutish and short.
Not true at all. Hunter-gatherers lived 40 years. Lifespans in undeveloped countries are ~65. Granted, there are some that probably have it worse, but, this is caused by population density and scarce resources. Still, this will change. Look at what's happening in China and India. The same thing could happen in Africa but it's harder because they don't have rich cultural identities like they had in China/India to establish law and order. Too bad the British couldn't maintain colonization.
Not "hypocrisy," just your predictable ignorant bias on the issue. "As far as my purely personal preferences went I would have liked to join the Anarchists." George Orwell - Homage to Catalonia page 116. "Federalism is based upon the free and voluntary liaison of all autonomies, from the independence of the individual, the unit of society par excellence, up to that of natural or sympathetic regions via the free municipality." The CNT in the Spanish Revolution by Jose Peirats.
Good sir, I think you mistake me. I have no problem with anyone trading with others any way they want. What happens in a situation without any ability to calculate costs is that resources cannot be allocated efficiently. The Soviet Union had "money", but their command economy did not have producer prices by which to allocate resources. So anyway, do as you will and I will do as I will, and you and I will get along just fine.
"And who said anything about forcing anyone to stop using anything?" You did. You said, "abolish money". Abolish means to force people to stop doing something. "Money's use was simply discontinued" When? Where? How do you expect to allocate resources without money or coercion? Please, tell me, I would like to know.
False. Hunter gatherers often lived as long as civilized folk, and until recently, often longer. The low overall life expectancy so often quoted is dragged down my high infant mortality. For any hunter gatherer who made it to age 5, they could expect a reasonably long life.
What "box"? Have you ever taken the time to investigate those times and places when money was abolished? I suggest you do, before complaining about other people's "boxes".
You're not free Charles, you only think you are. The pursuit of spirituality is just as driven by ego as the pursuit of money. You're still a dog on a chain, you just haven't yet pulled the "spirituality" chain tight yet but the shackles are still around your neck.
"Libertarianism is a religion that worships money" No. "Libertarianism" is observing the Non-Aggression Axiom. Nothing more. What you worship is up to you.
Charles, admittedly I didn't watch the whole presentation. I find your monotone style incredibly boring. But I watched enough to gather this: Underlying everything you present is a kind of "spiritual utopianism". This is a trap. Man isn't some kind of otherworldly being, we're just animals. There will ALWAYS be conflict, there will always be ego, there will always be materialism and moralism. Those things are what we are, and nothing else.
24:15 "But I pay back 1.5, where do I get this money?" By putting off present consumption. Not by taking the money from others. You are assuming that market activities are zero-sum, that one person gets rich only by making someone else poor. That is false. Really, while your insights are interesting your grasp of elemental economics is very flawed. I suggest reading Mises.o rg and learning about what interest actually is, what savings is, and why it works.
![I.N "HALLUCINATION" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/n5B5q1Hwt_U/mqdefault.jpg)
This is without any doubt the cleanest, deepest breath of fresh air in a long, long time for me! Thank you, Charles!
I really like that you take time-outs during your talk to think clearly about what you're going to say. What a gift; I'm buying your book today!
You have to love Charles Eisenstein, such a great mind serving the people and evolving into a real of loving awareness for our gift of life and making money sacred.
Time for a major paradigm shift. Thanks to Charles for being a guide in the wilderness.
9.5 years later... Still makes perfect sense. Amazing and beautiful...
The Donald Trump reference made me laugh.
Yeah, odd to hear Trump associated to a magical force :]
Thank you for all the time you have spent studying this matter, to summarize It so clear, and to provide light to this new path (most os us dont even know we're on it already). I've been thinking about and discussing this theme for some time, but did not fins any info.... Thanks again!!!
Thank you for all of your important work. These ideas are desperately needed now. Please come to Chicago if you get the chance, we'd love to see you here!
Charles... I'm just hearing this for the first time. I have a question... I appreciate that we used to be more connected and gifted... rather than buying our needs from strangers. Is that 😎 completely bad?
It would be beautiful if I trusted everyone in my community to have good intentions but I wouldn't.
Maybe it worked out doing favors for each other but as a women, I've felt the consequences of having to ask "favors".
I really appreciate now that I can pay a someone to "fix" my car and go away. I'm grateful many of my relationships are "transactional" because I get tired of having to stand and stand... to hold my boundaries.
I wish I trusted in everyone's integrity to cooperate ethically.
Wonderful articulation of brilliant analysis, Mr. E.
Value is the fundamental element that determines the consequences of money. People choose petrochemicals over Cannabis. If we are able to value food over gold, then we will survive. Unlikely but possible.
Hit the nail on the head.There is a lot of truth in your analysis. It's a delight to hear it.
because we are not mere animals that simply react to our environment. we can create resources by acting upon our environment. we all have a creative gift. the last time we were free to express those gifts was during the renaissance periods
Been a long time, man. Good to see you preaching the good word about monetary reform. I've been learning about this myself for the last few years, but just stumbled across your stuff this afternoon. 加油!
I suggest you study up on the Spanish Revolution and other examples of mutual aid, self-management and direct action. As for your question of "(h)ow do you expect to allocate resources w/o money or coercion?", the people don't (and didn't) charge each other. Read Mutual Aid by Kropotkin. Anarchist/anthropologist David Graeber who helped initiate the Occupy movement suggests in his book Debt that money is a tool of states to establish hegemony. Sorry for previous crass comments.
One way to explain NEGATIVE INTEREST RATES is when whatever interest you are getting from your bank is lower than the INFLATION RATE that is inherent in the Fractional Reserve Banking System we are forced to use.
Truly a broaden yet unambiguous explanation of the Eb and Flow of money...
Ultimately, money has been the privatization of LIFE itself...
WOW! No autocue or cards. Just simple language and reasoning of thought provoking imagery of the in-defensible truth that the world is suffering from a Toa Teh syndrome, and though admittedly this is BAD, I add that it is also Good; because to fix a problem is to first know that one exist.
Now what in part 2?
Thanks, looking forward to seeing you on the 19th!
i am reminded of certain cultures old wisdom warning that spirit must not be named and no images representing it.
Can you send me a reading list of books you recommend Charles? Thank you
Of course I'm not talking about the Plymouth colony, but something many times larger. "There was no unemployment, and the price of living was still extremely low...Above all, there was a belief in the revolution and the future, a feeling of having suddenly emerged into an era of equality and freedom. Human beings were trying to behave as human beings and not as cogs in the capitalist machine." Orwell. We still have the worker occupied workplaces in Argentina not to mention the barter coops.
"I repeat: from the standpoint of social justice, money should be abolished, and libertarian communism is infinitely superior to capitalism..." Dr. Jose Maria Pueyo - The Anarchist Collectives by Sam Dolgoff.
"Money is hereby abolished and libertarian communism is proclaimed in this village." The Story of the Iron Column: Militant Anarchism in the Spanish Civil War by Abel Paz.
Enlightening. Are you doing any talks in the U.K. soon? (I realise the nation state is a fiction heh, but it's as close as I get with very little "money"!)
There's a big difference between a people's real magic being dissolved by an imperial, empiric mysticism and and a false magic being dissolved by it own unreality.
A wonderful lecture
Hola , Por favor podrán realizar estos videos con subtitulos en castellano/ español. Muchas Gracias !!
The single problem with money is that it's controlled and issued by a state monopoly. Money needs to be fully privitized, that is, private banks issuing private notes backed only by that banks deposits. As long as the currency is singular and backed by the state, you have a Tragedy of Commons problem creating an incentive for banks to take on too much risk, since their profits are privately held but their losses will be collectively borne through inflation.
Great talk. How do you spell that monster from Chinese mythology (Tao Tia?)
Well spoken. Impressive. Great learning points :)
Yes!
good job man.can i have the name of you book?
Sounds like you've heard read/listened to Jacque Fresco. Keep up the fight. Let's move the masses in the right direction.
I like what you're trying to say here, but I'm at the 21ish minute mark, and my brain is giving me examples that contradict things you're saying.
Like gifts vs. purchases- I can think of times I've given gifts that I felt were quite valuable, (sometimes money value, sometimes personal value) where the recipient seemed indifferent.
And other times where I purchased things where I was quite grateful for the goods or services that were voluntarily exchanged.
Money is a tool for exchange of value that makes exchanges much easier. As with any tool it can be abused, and too often is.
I'm also thinking of the many times where I haven't bought items that were the cheapest, or where I've gone out of my way to support a specific business to show my appreciation for the work they do.
It will be interesting to see how purely digital crypto currencies will affect the world.
Where are you Ma Brather?
I'm with you on that!
Money is much older then Greek culture, it was used in Cnaan and Egypt as far as 1800Bc and maybe much earlier
I believe its up to us to create our own utopias. For me that starts with my direct experience right now.
What part do we play in creating this current dystopia?
This 'system' /capitalism /money -or what ever words..
For us to have this communication requires Congolese conflict minerals in our gadgets. Its not just about inequality. Its about participation in an exchange that directly relies on 3rd world debt, slave labour and war to operate.
We are the 99%. Globally were closer to the 1%
nailed it!
incredible you're a genius
@CurtHowland That is pretty inaccurate. Of the 6.7 billion humans (or probably more) alive on spaceship earth today, only 1.2 billion live in the developed world. For many of the overwhelming majority living in underdeveloped countries, life is shorter and more brutish than hunter-gatherer tribes and pre-industrial agricultural societies could have imagined. For example: slums, lack of access to clean water and rampant disease.
The first few minutes were beautiful, but it quickly goes sour. Money makes it possible to divide labor and economize across a society of billions or more. Reality dictates the need to economize our uses of resources in the service of our priorities; we compete for uses because resources are scarce and money tells the story of their relative value so we can make informed decisions.
It also makes saving over time possible, which is the source of investment and thereby rising living standards. It doesn't separate us; quite the contrary. It makes it possible to maximize compatibility between provider and customer, employer and employee, professor and student. It gives us the opportunity to have groups of friends that don't also have to be our butcher, baker and candlestick maker.
Brandon Shavers I disagree with you. First of all NOT all money behaves the same way. Today we have the WORST sort of money because it is based on DEBT. When societies economies grow, more currency is required to service more transactions, and when that money in order to exist has to be lent out by a bank, at interest, then you begin to understand where we are at the moment.The problem is compounded when we realize the money creation process NEVER creates the money needed to pay the interest and therefore the system pits consumers against consumers to seek the scarce funds available.Even businesses all require a "repeat" consumer purchases to pay the rent the following month, so to think the transaction ends after money exchanges hands is impractical and gives the wrong signals to the individuals in society. The facts are WE NEED EACH OTHER to satisfy many of our needs to live, and a system without money, as some Credit Exchange outfits are implementing, is the future of civilization.READ - The End of Money, and the Future of Civilization" by Thomas Greco.
Cannabis has severall truly essential values. It is the only possible basis for a functional economic system, based in abundance and equitable global distribution.
You are!
"I don't assume a zero-sum game."
Why?
This fall is Gonna be it bro
I must clarify that Equality is not limited to one subject matter including life
Therefore with your already acceptance of "equality before the law" it is somewhat odd that you would suggest that the actions of killing the rich would be seen as a solution/justification. The killing in such manner is Unlawful
However if you acquired your wealth by wicked means, it should be taken away, but to kill such a person I beg not
I believe the Equality intended is the Equal access to resources to thrive
Yes, that video is pretty interesting, if somewhat misleading. Its a super interesting topic though. But currently, for countries lacking adequate medical infrastructure life spans are considerably shorter than wealthier nations.
The point I wanted to get across though, is its so easy peasy for us to feel like the current system is working fantastically for humanity. This is an illusion. From a global perspective all humans are not benefiting equally, and the majority is not benefiting at all.
Even negative interest is sort of 'forcing the hand' of the person having to re-invest which doesn't seem a very natural approach.
I think the solution would involve believing in what you saying rather than encoding it into a patriarchal system of force. Money should be replaced with truth or at least made unimportant
Let me give you an advise, read Silvio Gesell, he comes very close to your thoughts of a new human and fair economic system.
Silvio Gesell
ruclips.net/video/hxdPIOUTd2k/видео.html
Chaganti
You sound like a textbook
But what resources are you referring to?
I'm referring to FOOD, CLOTHING, SHELTER, HEALTH =THRIVE
Not FANCY MOBILE, MANSION, YACHT
To be Lazy & corrupt is unlawful
We're not denying focusing on the failed solutions/problems of the past
But we are now looking at solutions of the future
To keep doing the same thing and expect a different result is INSANITY,
There is a rule for dealing with the past it is called WISDOM!
Do not let your knowledge be lacking your growth
Zeitgeist: Moving Forward; Watch it & learn. You'll be amazed on how spot on Charles is.. I was like.. FUCKING WOAH!!! :O hahahaha. amazing.
{tl;dr}
Money does not actually have similar ideation or power as God or
Spirituality. Money is a tool, which is a derivative of Time. Time is equal to God and time brings us multiverses of spirituality. Money is an overly simplistic representation of time whose property of fungiblity has obligated prior civilizations to institute generational debt jubilee. Unfortunately, with our levels of social distortion, resetting the debt is insufficient to prevent global warfare.
Transtemporal currencies may make it possible to re-integrate the social and the economic dislocations we are now experiencing. {Disclaimer: not actually reversible across dislocations but can act as a legitimate proxy for an equitable power and resource distributions, (whether political, economic, social or ecological). Another feature is that moral corruption can be minimized across time, and moral hazards cannot manipulate the time-value of money... meaning interest is unnecessary to drive growth and a rentier economy becomes unattractive as a wealth generation economic methodology. The bug is that direct democratic participation is necessary, no, that’s a feature too.
The caveats are that there are risks with all systemic reductions and time can be abused under abundance economies too. The penultimate goal is for a moneyless society, the risks of not thinking about how to get there are disabling our collective ability to escape the current illusions and false assumptions embedded into crypto currencies and Social Credit.
What if we could retroactively adjudicate value across time as a methodology for reducing moral hazards in the organization structures that we use for social management?
The use of commodities as money was a rational choice but alienated the attributes of time, which was systemically reintroduced as interest on debt. Interest is a maladaptive means of preventing wealth hoarding in order to expand empires. Although it may have been necessary for prior civilizations, we have the means to make currency socially accountable across time, which could also eliminate speculation while being generative towards investing. Transtemporal social currencies could make mutual plurality possible. {I don’t want to make this seem simple, there’s actually complexity in the intersubjectivity aspects value and markets. And, it’s compatible with existing currencies, which means that it can be weaponized as a currency for global peace.
Then again, God does seem like a more awesome solution.
They don't really have the power... they just have rolls in the game that is played right now... everything changes, so everything is possible ((o;=
"Equality of outcome" is a very dangerous idea. I recommend you re-think that motivation seriously.
Improving the situation for everyone, I'm all for. Equality before the law, yes.
Because people and situations differ, trying for "equality of outcome" always leads to murder on a vast scale, because while there will always be "the poor", "the rich" are easy enough to simply kill so that everyone is poor, equally.
False, the power of money/currency comes from government enforcement and taxation.
Government forces taxes to be paid in fiat/federal currency. This is the root of the problem. If taxes could be paid with any hard assets (processed commodities, cotton thread, hemp, nickel, copper, gold, silver, indium, tin, etc.) then fiat would cease to be valued and stop being used.
Community currencies backed by hard assets (PMs, nickel, etc.) could easily be used in place of a central fiat currency.
clairishe MONEY does not have to be "backed" by any metal. The value of a currency relies on the strength of an economy that uses it, according to its degree of knowledge and training of its human capital, the correct use of its legal framework, the enforcement of its laws that have to be based on a congruent structure, and the HONESTY of its members. This is why we're going through a horrible situation today because CORRUPTION is so widely spread from the top down.Just imagine how many years since we were born and most governments in the planet refuse to tell their people the use of Fractional Reserve Money is a FRAUD constantly sucking part of the wealth created by its producers in the Real Economy.Once you research and understand how money is created today, you realize BANKING IS ORGANIZED CRIME as it's forced on all of us.
"You sound like a textbook"
Thank you. That means I have my facts and logic in order.
"But what resources are you referring to?"
All of them. Including that resource that makes all the rest possible, respect for the private individual to their own body, their own labor, and the fruits of their labor.
"To keep doing the same thing and expect a different result is INSANITY"
I agree. That's why I oppose Socialism.
Your BOX is so narrow......
You must allow yourself courage to step out of it some time!
@Mutantslugprincess You could use some more information on the subject.
As a start, I would suggest this video, "200 countries, 200 years, 4 minutes"
/watch?v=jbkSRLYSojo
Once you correct for child mortality, lifespans are pretty good, and always have been.
Okay, what I think you're doing is insisting that only capitalism knows how to do this (i.e. allocate resources). The USSR was a State Capitalist society btw. Lenin reintro'd capitalism to Russia with his NEP (New Economic Proposal) during the 10th Party Congress. Anyway... are you actually stipulating that the anarcho-syndicalists in Spain didn't know what they doing? That the many decentralized factory & economic committees had no hope of understanding needs despite their known success?
Money also enables the division of labor, and allows the overwhelming majority of people to have standards of living undreamed of by anyone in ages past.
Money is a fantastic invention, and to try to be rid of it will collapse all of civilization back to the subsistence farming and hunter-gather tribes that existed before it.
Personally, I'll take money and a long life than no money and a life that is nasty, brutish and short.
Not true at all. Hunter-gatherers lived 40 years. Lifespans in undeveloped countries are ~65. Granted, there are some that probably have it worse, but, this is caused by population density and scarce resources. Still, this will change. Look at what's happening in China and India. The same thing could happen in Africa but it's harder because they don't have rich cultural identities like they had in China/India to establish law and order. Too bad the British couldn't maintain colonization.
Not "hypocrisy," just your predictable ignorant bias on the issue.
"As far as my purely personal preferences went I would have liked to join the Anarchists." George Orwell - Homage to Catalonia page 116.
"Federalism is based upon the free and voluntary liaison of all autonomies, from the independence of the individual, the unit of society par excellence, up to that of natural or sympathetic regions via the free municipality." The CNT in the Spanish Revolution by Jose Peirats.
Good sir, I think you mistake me. I have no problem with anyone trading with others any way they want.
What happens in a situation without any ability to calculate costs is that resources cannot be allocated efficiently. The Soviet Union had "money", but their command economy did not have producer prices by which to allocate resources.
So anyway, do as you will and I will do as I will, and you and I will get along just fine.
"And who said anything about forcing anyone to stop using anything?"
You did. You said, "abolish money". Abolish means to force people to stop doing something.
"Money's use was simply discontinued"
When? Where?
How do you expect to allocate resources without money or coercion? Please, tell me, I would like to know.
False. Hunter gatherers often lived as long as civilized folk, and until recently, often longer. The low overall life expectancy so often quoted is dragged down my high infant mortality. For any hunter gatherer who made it to age 5, they could expect a reasonably long life.
What "box"?
Have you ever taken the time to investigate those times and places when money was abolished?
I suggest you do, before complaining about other people's "boxes".
Read Marx
You're not free Charles, you only think you are. The pursuit of spirituality is just as driven by ego as the pursuit of money. You're still a dog on a chain, you just haven't yet pulled the "spirituality" chain tight yet but the shackles are still around your neck.
"Libertarianism is a religion that worships money"
No. "Libertarianism" is observing the Non-Aggression Axiom.
Nothing more.
What you worship is up to you.
"Not "hypocrisy," just your predictable ignorant bias on the issue"
Prove it.
How will you stop other people using money without a government?
Charles, admittedly I didn't watch the whole presentation. I find your monotone style incredibly boring. But I watched enough to gather this: Underlying everything you present is a kind of "spiritual utopianism". This is a trap. Man isn't some kind of otherworldly being, we're just animals. There will ALWAYS be conflict, there will always be ego, there will always be materialism and moralism. Those things are what we are, and nothing else.
24:15 "But I pay back 1.5, where do I get this money?"
By putting off present consumption. Not by taking the money from others.
You are assuming that market activities are zero-sum, that one person gets rich only by making someone else poor. That is false.
Really, while your insights are interesting your grasp of elemental economics is very flawed.
I suggest reading Mises.o rg and learning about what interest actually is, what savings is, and why it works.