The Money Myth: Jem Bendell at TEDxTransmedia2011

Jem Bendell is a professor and the owner-director of Lifeworth Consulting, providing solutions for systemic change towards sustainable development. For 16 years he has consulted with business, United Nations (UN) and civil society, while writing over 100 publications on the social responsibility of organisations.

In TEDxTransmedia he denounces the crisis in the monetary system.

About TEDx:
In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)

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[XIronCross]

10 jpmorgan employees viewed this video.

[Carlos Argelio]

Ever since the creation of the FED reformers have been warning of the evils of the system. But most people are too dumb to understand it. I guess we will have to wait for the final crisis. In the meantime, a few hundred bansters are the masters of the world, owners of most the riches and people are enslaved! Jem Bendell is now a professor at the University of Coimbra. They had the good sense to hire him.

[MasterCharlesCannon]

Money and the 'Material Myth' are the root of unhappiness! Ultimate bliss, happiness and contentment are found through wholeness, through balance, and through living a holistic lifestyle.

[DUCOSNOCE]

If Money is and was the root of all evil than why hasn't "The Church" put a maximum on the individuals' personal wealth? (<:

[Skibum Willy]

In “Occupying Chairlifts” a simple rule tweak on inheritance ends up changing the direction and purpose of modern human life! Here’s a fair way to transition forward to where we’re rewarded for cooperating and creating instead of competing and conquering.

It's something specific we can demand. If this isnt the best answer, at least we’re thinking about what might be. Are we really just this close to having it work right?

Oh yeah, it's a Ski movie! “Occupying Chairlifts” on Youtube!

[anonynomnomnom]

which is all well and good for the empire but means fuckall for the average roman in the street who watched his livelihood get replaced by carthagian slaves and his meager savings devalued to pay for pointless wars waged by marauding emperors. again, sound familiar?

right now the united states is at the height of its power. there is no other nation on earth that can challenge it.do you feel better off for that fact, or are you more concerned with how you're going to make rent?

[James Cc]

Right! The problem about excessive debt is banks can print money out of thin air with no gold reserve. The new money should be based on on real assets, services, skills etc. not digital or paper money. It is up to us to create the new currency that will bypass banks(not controlled by banks and super rich)..we can do it if we put our minds together before it is too late.

[Faruq Hunter]

I have been trying to get people to understand this lately. The world is about to borrow another 34 trillion of this paper to build the cities necessary to hold the 35% population increase. This will enslave the world to the banks for at least another 500 years. We have to solve the problem of acquiring our needs before we can solve the problems of using currency.

[wearealltubes]

I don't understand this comment. Rome would rise in power for another 2-300 years after 211BC before reaching its zenith under Trajan. While its decline happened over many years and events and temporary turnarounds, the 370's AD are when most historians would say that the shit began to really hit the fan. 20 odd years later, the empire properly broke in half for the last time.

[Summum Esse]

Very good presentation. I would urge everybody to look up 'Mathematically Perfected Economy', an economic model where we maintain a 1:1:1 ratio between the currency in circulation, the debt owed and the value of any given item thus eliminating inflation and deflation. It is a system where we create our own currency based on our labour and production. Every item is valued on its projected lifespan and is paid down over that period (or sooner if one wishes) with no interest.

[anonynomnomnom]

rome failed precisely because they started debasing their coins and mixing in base metals. the first debasement occurred in 211 BC and ***AFTER*** that things started going to shit.

and why did they do it? to pay for the punic wars! SOUND FAMILIAR?