Hey thanks for sharing. Yeah I saw similar presentations last year describing the history of the monetary system and how they pretty much started making money out of thin air. Part of it was to explain the financial crisis, but perhaps a little too far for some.. the ideas that basically the monetary system keeps people always in debt (ie. "enslaved" to the few).

I don't think there is really any specific groups with malevolent intentions (as in the internet conspirations theories), but rather general slumber allows this to happens at everyone's expenses. Ignorance is not bliss in this case

In the same subject: . The Corporation is today's dominant institution, creating great wealth but also great harm. This 26 award-winning documentary examines the nature, evolution, impacts and future of the modern business corporation and the increasing role it plays in society and our everyday lives.

I disagree about what you say about the corporation being a negative institution. I don't have the time to find the particular article that I specifically really enjoyed about this very subject, but search around on mises.org and you can find out some great info.
1. Corporations are no different than other business.
2. In a truly free market corporations(business in general actually) will continually push prices lower.
3. Monopolies can't be formed without government intervention into the market.
4. Rising prices are (Inflation is) caused by monetary creation, which is chiefly operated by the Federal Reserve(which is a private institution, which regardless of how you look at it is pretty intrinsically(not to over use the word) corrupt.)
5. Government doesn't have anything to do with your and my hard earned money, they handed their power to the bankers in 1917, during congress' Christmas vacation, with only 3 senators present!)

Those are some basic points to look at. But if deeply interested I would suggest all to read "Human Action" by Mises himself, available for free in Pdf form on mises.org, this is the single most powerful book in economics in my opinion and even those who disagree should read it to see if they can withstand his academic challenges to the Keynesian system. But I'm really busy right now so I can't delve deeper.

@Faburice, but hey you say it is because of people's slumber, while I agree with that, isn't pretty ridiculous that this information would not be taught in the public education system? It seems almost certain that there has to be some corruption in the system if it is effectively censored from all major media, and public education. What are your thoughts?

Last edited by Yonosa (2010 April 23, 6:26 pm)

ファブリス wrote:

[
It would be a bit boring and kinda sad to only talk about japanese no?

Heresy! ;-)



Thanks for the info.

Yonosa: Oh there is some major manipulation and corruption going out there... You think the major media are being censored? How about News Corp.? I think they can censor themselves pretty good, so long as it serves their many interests

I was just trying to avoid getting into NWO, Bilderbergers and so on... although there is a lot of troubling material there. I've read all this stuff... the latest flu epidemic fiasco... and so on.

It's all very upsetting so I'm just looking at it more philosophically these days. I look at it as a general "slumber" (in my words), that is both ours (surrendering to the status quo, vegetating in front of television every night), and that of the controlling media (who also are in their own kind of fantasy world, where money has more value than life).

Here's other random links:

Getting Beyond Corporate Culture: An Interview with Douglas Rushkoff
http://www.realitysandwich.com/getting_ … s_rushkoff

The Iron Law of Fantasy Finance
http://www.realitysandwich.com/fantasy_finance

I really like RealitySandwich... but you'll probably raise an eyebrow at most of their articles. Some of it is complete bull***, but I find it healthy to just question everything. It opened my mind on a few topics.. anyway IceCream you'll find lots of articles related to your recent post, on RS, tagged under alternative economics. A very cool site, if you can suffer the deviations into "shamanic practices", "planetary alignments", "Burning Man festival", and the odd UFO article   (fun stuff).

IceCream wrote:

these are the kind of issues i wondered if anyone would comment on in the microfinance thread.

actually, i think capitalism is a horrible system, always have. but this kind of vague (or not so vague) gesturing is incredibly depressing i think. what can i, as a person can do? And what system should things be changed TO?

I'm no expert, but you could try paying off your debt and keeping your money in a credit union or in your mattress.

One book Rushkoff has recommended is Bernard Lietaer's The Future of Money. I never read it, but it's on my list... http://www.nexuspub.com/articles_2003/i … 003_ja.php (Try to ignore the surrounding site ;p).

There's also Niall Ferguson.

Last edited by nest0r (2010 April 24, 12:14 pm)

lagwagon555 wrote:

Yonosa wrote:

I am an economics major (Austrian School)

Um, what college offers a major in Austrian economics? I'm an economics major too, but Austrian economics is something more likely to be taught in history than a modern economics classroom.

I have a doctorate in physiocracy, myself.

Last edited by nest0r (2010 April 23, 10:49 pm)

hereticalrants wrote:

Hey, all you people in the United States who actually care about the problem:  there is something we can do:

Audit the Fed!

http://www.auditthefed.com/

The Money Masters run that site, they use it to detect the enemy. Don't visit it or they'll trace and audit you!

IceCream wrote:

these are the kind of issues i wondered if anyone would comment on in the microfinance thread.

actually, i think capitalism is a horrible system, always have. but this kind of vague (or not so vague) gesturing is incredibly depressing i think. what can i, as a person can do? And what system should things be changed TO?

Icecream... Do you understand that we do not have a capitalist system? It is very much a socialist system. The government has many ties to business, they prevent competition and allow private banks to issue the state's currency causing massive inflation. Capitalism quite honestly does not exist. Although in the bank owned media(meaning all the major media companies in the USA for instance) constantly complain about capitalism and how it causes these problems, and with that they push to pass more socialist measures...Take the recent health care bill, try reading it! They guarantee monopoly rights to something like only 6 different large corporations! This is not capitalism, in order for capitalism to work the state can not intervene. If you are interested in some articles I will link to them, so let me know. But once again I highly recommend "Human Action", it is by far the best explanation of economics I have ever read, but don't expect to hear about it in the Keynesian dominated economic news.

Maaan, economics is so boring.  I mean, technology is eventually going to render the whole thing obsolete anyway, so as long as the current system provides a standard of living that keeps me alive, it's working well enough for me.

TaylorSan wrote:

Great stuff.

I just wanted to comment that I love how this cyber community has grown into a pretty damn conscious little convergence of many (imop) excellent educational resources.

ファブリス wrote:

The world out there is a reflection of us. So there is no need to change the world out there, only to change ourselves. "Be the change"

I feel this way exactly. As so much information has come into my sphere that changed the mostly happy world view I once had as a child, over the years I felt a philosophical outlook was of utmost importance to my own well being (especially after Bush won a second term).  Trying to have a deeper relationship with the underlying forces at work in my own life has been very positive (though I still struggle very much to find my own harmony for sure), and I think that by creating the change we want, each of us as individuals has a resonating effect on the rest of reality.

However you rationalize it, the fact is we can all almost certainly see the fallacies in such a system. No matter what the Keynesian economists spout about aggregate demand, it is obvious to see the business cycle is a sham, otherwise why else would there be a depression everytime the interest rates are raised! It's a bloody joke, they have hijacked all major universities with Keynesian economists, needless to say before the popularization of Keynesian Economics almost every economists despised banks and knew that monetary manipulation and manipulation of the interest rate causes mal-investment. But suddenly in the 30s it was declared that Austrian Economics was a dying breed and when they challenged  the Keynesians such men were simply silenced from the media, oh did I mention this is around the time when Bankers acquired nearly total control of the American media?  I mean we can say what we want and that "it doesn't necessarily mean that", or whatever else I always hear, but if all these things are true and we all inherently know that people like to look out for their self-interest and the interest of those in their group, yet the fact that this can be happening is simply dismissed largely because it is ignored completely in the media which is owned by the very people who would have interests to censor such content. I mean come on people, wake the hell up, I understand why you are hesitant to agree and why it seems unbelievable, that is because it almost certainly is unbelievable when hearing that after never once hearing about it before. But then again I live in China and when I tell people that more than 10 million people died because of "Chairman Mao", they largely ignore the information and simply deny that it could be true, we have to admit, if we have never before been introduced to information that is never mentioned in our daily lives in the main society in which we live that it would be difficult to think about. These issues are difficult to think about because they go against the common sense and "trust your government", "you are free, and society is fair" bs that they push in the mainstream. If the information we are saying here about the banks and the system in general is true, which it is 100%, read about the system in government newspaper, read the Federal Reserve act, it is all true. So knowing that the information shared is true, you already realize that the mainstream has lied to you, at least deceived and not been honest with you, so why bind yourself to its way of thinking in spite of this? I encourage everyone to at least think about this information by themselves without sticking to the media's guidelines.

Thank god for the internet!, But then again what about internet 2.0, are they really going to try to kill all dissent? Needless to say that would be the final straw for me and I would do all in my power to stop the Fascism and Statism that would result after they killed the internet. But if others want to talk about internet 2.0, then start a new thread and post a link here! Haha, we are pretty educated gentleman and ladies here, I am a bit surprised and very happy to see this!

Huh?