7/19/11 The Zeitgeist Movement | LA, CA Townhall [Part 1: Talks]

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Uploaded by on Aug 10, 2011

Includes a 30 min Lecture on the "Debt Crisis" by Peter Joseph.

Part 2: http://www.youtube.com/watch?v=eu58Dlg9yBA

About: "The Zeitgeist Movement's Townhall Meeting is a community forum for the public to engage the Movement's coordinators about root-cause understandings to social problems, and the solutions we advocate culminating in what can be termed a 'global, resource-based economic model.' "

LA, CA, USA Townhall, 7/19/11

http://zmca.org/

http://tzmlaca.org/post/tzm-at-los-angeles-ca

Speakers:
Peter Joseph (Global Coord/Founder TZM),
Jen Wilding (US National Coord)
Jason Lord (CA Coord)
Eva Omori (Los Angeles Coord)
Brandon Kristy (Los Angeles Coord)
Sharleen Bazeghi (Event Coord)

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Uploader Comments (TZMOfficialChannel)

  • @SaM52461 Actually, these are free events. The Chapter funds each event with its own money. Chapters lose money on each of these.

Top Comments

  • My advice to TZM members is

    1. PATIENCE; massive support won't be something done in a few years, or 10, or 20, be ready for the long haul.

    2. No conspiracies please. People don't take us seriously as it is and it's not what we're about. Educate and inform, at the moment and for a while that's a priority.

    3. Don't shy away from criticism. TZM isn't a flawless religion and people who disagree aren't heretics. Listen to what people have to say. TZM shouldn't be dogmatic, but be able to improve.

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All Comments (133)

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  • @technatezin its not the transaction that is the problem XD look at it as a whole.

  • @kajmobile "Money is not supposed to be a system of physical accounting"

    Why not? What's there to prevent it from being that? This is the reason why societies WILL fail. It is not a question of if it will fail, but when it inevitably does fail. Because subjective transaction units is confused with physical wealth when it isn't.

    "It is a way for consumers to subjectively value goods and services"

    What's wrong with quantity purchased as a demand indicator rather than subjective units of trade?

  • @technatezin Money is not supposed to be a system of physical accounting. It is a way for consumers to subjectively value goods and services. Value is subjective. And the market is a walrasian auction.

    But that doesnt mean we dont do physical accounting. we do. every country and relevant companies track material flows.

  • @technatezin (cont.) Right now trade is done in a way where benefits are accumulated for political purposes not for functional utility. Because of this people always have to "watch their back" so to speak to guard against the other party in the trade transaction screwing them by gaining an advantage over something that is worth less in exchange hence the reason why we have commercial laws and lawyers. This is the same reason why we have money which is a commodity in itself we can haggle over.

  • @kajmobile What you don't understand is that money relates to neither anything physical as in material goods and infrastructure nor does it relate to any tangible process as in information interpretation and accumulation. At the present moment money is a political tool. In order for any sort of society to be sustainable over the long run it's medium of physical accounting must relate to something that is actually physical or to information which allows it to efficiently process physical matter.

  • @technatezin value is the percentage of your income you are willing to exchange for some good or service.

    in 2010 we produced physical goods and services with a total price of $14.5 trillion. so we paid out $14.5 trillion in income so that demand equals supply.

    expense is the value paid for workers and their capital in making stuff. if consumers dont value that stuff more than its expense, it is unprofitable and no longer made.

    i dont understand what u r getting at

  • @kajmobile "we could make money out of gold but gold is far more expensive to produce than digital money which has zero cost"

    Sure, but really ask yourself what the current form of money is? What is it? And don't give me the same stale answer that it is a store house of value because then I can regress even further and ask what is "value"? Next tell me what is physical and how does physical resources become useful goods and services? How does physical resources correlate with our current money?

  • @uea978 yeah needless complexity is a great phrase to use in disscussions of the rbe

  • jason lord state cordinator is guy 1 in the piggy bank scene of zmf - gj mr lord

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