Peter Joseph on the Monetary System, Debt, and a Resource-Based Economy (12/02/11)

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New jobs numbers are out but don't be fooled by the drop in unemployment to 8.6 percent. More than half of that is people leaving the labor force entirely. Discouraged workers. People who have given up looking. This is the U3 number. Still, unemployment has not been this high for this long since monthly unemployment records began in 1948. Meanwhile, the MF Global plot thickens. Now that the firm has collapsed regulators are considering new rules restricting the use of customer money for brokerages. Now, the regulator,
the commodities futures trading commission (CFTC( wanted to finish the new rules earlier this year but was delayed. Why? Heavy lobbying from MF Global chief executive Jon Corzine! So, with all of the problems in the world today, how do people begin to think about, let alone implement solutions that can improve their lives and those of others in society? Economists like Steve Keen support debt jubilees, others like Lew Rockwell and Ron Paul support sound money as the solution, but what about something more radical? What about getting grid of money, profit and competition all together? Well, Peter Joseph, author of the Zeitgeist series, believes that society can evolve to do just that. He joins us during the show to talk about the role of debt, the monetary system, and social norms that encourage what he views as inefficient and destructive behavior that does more harm for society than good.

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[MattiFreeman1]

the current system supports the development of thought / emotional patterns of comparison, greed, envy, jealousy - coveting what your neighbor has - and this is within all social levels currently - not just between poor and rich - humans are forced to become money personalities in the current system because survival and having a great life is only possible if you do whatever it takes to find a way to get money / win.

[MattiFreeman1]

with a system of Equality where everyone is given access to that which enables a dignified and enhanced experience - then the human social patterning will change from division through comparison / jealousy -- to unity in being able to participate in the world in a truly fulfilling way according to one's passion/creativity - with the underlying understanding being that we must do what is best for all / maintain a system that is best for all so all can continue to be given what we need to live

[AlexTronic777]

Yes, you are indeed Lauren Lyster ;)

[artman4444]

Peter Joseph is a modern day philosopher

[NwoDispatcher]

I may be part of the human race collective, but my life doesn't belong to anyone but myself. The problem with pledging my life to a collective is that technocrats are lame humans and no one should be given the right to play god. What is best for all is altruistic and ethical, but not common sense. No matter what system foisted upon society, there will be subversion and resistance.

Build a better system, an optional one, and people will come. Voluntary is key. Put up or shut up.

[IAM18YEARSOLDANDOVER]

@quietlike Maybe you should just go and kill yourself, so we can finally have this system that benefits humanity and the planet.

[IAM18YEARSOLDANDOVER]

@quietlike How is he working for nothing, when he is getting everything given to him? You are a fucking moron. People today work for nothing and have nothing to show for it when they retire.

[MattiFreeman1]

@NwoDispatcher

you are part of a collective - you are made of the same dust of the earth as everyone else - and you eat, shit, breathe, piss and have a mind that gets programmed with language by your parents and teachers - just like everyone else

what is best for all is common sense - when we all do what is best for all = give to each other what we'd like for ourselves -- then no matter where you're born / where you are you can live equally in dignity and support

[NwoDispatcher]

@ashlathelight how often do you cut your hair?

[ashlathelight]

@NwoDispatcher Can we really say the same in our system of intellectual and real property ownership, where the idea that makes obsolete an expensive and inefficient system (such as a new prescription drug), is shot down and prevented in the name of profit?

[ashlathelight]

@NwoDispatcher problems that affect all, we lessen the need to turn to systems of managing and governing scarcity of the masses by a select group in the guise of "solving social problems" which it has yet to deliver. We are still waiting. When there is no basis for differential advantage, it eventually be rendered obsolete. Re: human cognition - it isn't rejected in an RBE, it is embraced and shared with no monetary or social limitation. Anyone can contribute and make a difference if they choose