Has anyone else watched it? Your impressions, opinions, ideas, and criticisms? For those that haven't, you can watch it here.
one of the greatest movie docos ive ever watched. Make sure if you watch it to watch it with an open mind.
You also need to watch it with skepticism. Not that I disagree with the idea behind it, but any form of media needs to be observed with both an open mind and a critical eye.
This is excellent. I watched both this and the first one, and I'd love for something like this to happen. Perhaps not this entirely, perhaps not going so far as to abolish everything that we know, but just something to take us one step further. It's going to suck, and it's going to take a while, but things suck already, and things have already gone through enough transitions that we as the human race are mature enough to undergo a radical change. And I'm also bored as hell, so I need something to do at the moment XD
This is narrow minded though, while everything they tell us about how economy works they entirely neglect to report anything about added value of products. It sounds really persuasive but the interest money which they claim don't exist anywhere actually comes back in form of added value. If you borrow $100,000; spend it and then earn $120,000 then you have $20,000 of added value. This offsets the interest in most modern countries. That doesn't mean it isn't a dangerous game though, as clearly seen with Iceland right now, basically the entire country has so much debt that they're going bankrupt because everyone wants their money back. While the system isn't perfect then it does work, and as I was told, economy isn't zero-sum. So every time you earn $1 it doesn't mean someone looses $1. And I really doubt that putting the world into chaos to cause a reform would help in the long run.
Gah, an hour later, I've stopped caring about this - Paper Mario is far more entertaining and better a cause at this point... Yes, I have about no attention span =3
A very interesting documentary, and I watched it with an open mind. I have to admit, although I'm skeptical of the solutions they put out, what they say about the problems facing society rings true. I deeply identify with Part II (Confessions of an Economic Hitman thing) as I experienced firsthand what it was like to be one of those countries targetted (Indonesia). As of now, my country is wallowing in astronomical debt from the IMF/ World Bank, and one can only hope things get better :/ .
It is yeah, so long as people keep faith in the system it's sustainable. It sounds like a really sketchy basis for an economy but as long as people keep the money in their banks it works. The problem comes when people panic and everyone wants to get their money out, because the bank only has 10% of the money at all times.
I'm not just talking about the economy. The economy is based on the trading of earth's resources, and the products of it's resources, and services usually related to it's resources. The way we live is problematic. If we continue to use resources in this manner, our civilization will not be sustainable for more than 100 yrs.
I loved Zeitgeist: The Movie and Zeitgeist: Addendum. It's a good documentary which provides a nice argument, which you will see if you are willing to sit through some of the artsy stuff... I especially loved the quote "When the power of love overcomes the love of power, the world will know peace".
My question is where does all the money that the IMF gets go again? BTW has anyone read Freakonomics, I have'nt, is it any good?
