Life Inc. Dispatch 03: Money as Debt
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Uploaded by LifeIncTheMovie on Jun 29, 2009
For more information about Douglas Rushkoff's book, "LIFE INC. How The World Became A Corporation And How To Take It Back" check out
http://www.lifeincorporated.net and the LIFE INC. 9min movie
The LIFE INC. Dispatch = Brief weekly videos encapsulating key concepts and ready strategies from Douglas Rushkoff's LIFE INC. for de-corporatizing our lives, abandoning the speculative economy, and rebuilding both commerce and community from the bottom up.
Douglas Rushkoff is the author of ten books on media, technology, and society, including Cyberia, Media Virus, Coercion, Nothing Sacred, Get Back in the Box, and the novel Ecstasy Club. He made the PBS Frontline documentaries Merchants of Cool, The Persuaders, and the upcoming Digital Nation. He is the host of the WFMU radio show The MediaSquat, and he will be teaching the New School University this Fall.
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Scarcity based debt money shapes the world in its image. We live in an abundant world with a scarcity based operating system directing the show.The likely behavioral consequences stemming from this are more fear, more competition, more greed, more violence~ all that and trillion dollar indebtedness.A great movie on this topic is The Money Fix.
summondadrummin 8 months ago
Now that sounds more like taxation without representation, they really represent a small number of banks not the public, so in that sense they maybe in for a surprise when the public decides to take away their federal reserve for these actions, meanwhile one can almost guarantee they will start wars in order to create a smokescreen with which to criminalize dissent against the banks.
econogate 1 year ago
Actually I walk around with a $5 bill that says it maybe redeemable for silver, so in that sense it measures a commodity. In the same sense money today maybe measured in terms of petro dollars, for oil. Money can have something to measure it with, but in some sense banks do create money from nothing, except today they are now claiming all of us are to be debted for the money they have lent to the political class which has used the future work of us as collateral for the repayment.
econogate 1 year ago
awesome !!!!!!!!!!!!!!!
nadim17 1 year ago
"made all the other moneys illegal"
man, this is great!
greenhell666 1 year ago
yeah he definitely is
jd02nr1 2 years ago
This guy is excellent.
knifeofspaghetti 2 years ago