Zeitgeist - notes on a philosophy to reshape the global socio-economic paradigm

Global finance is a doomed plot by the looks of it today. It is a rigged system and it will ruin the people and the planet. Capitalism needs a reform and there are solutions, like the one presented by the Zeitgeist movement. Here is my summary of a documentary Youtube video by the movement on the problem and also the solution.

1. A predisposition is not equal to a predetermination
2. conditions can turn on or off some genes - "epigenetic" conditions act upon the genes
3. beware Eugenics mentality because we can improve predispositions in genes
4. it is social, economic and political factors that induce most problematic behavior, not genes
5. what is acceptable and what is respectable is an arbitrary thing in our society
6. addicts of profit are in denial, yet they are also respected
7. prenatal stress already develops the person
8. memory only develops after 1.5yrs explicit – literal memory
9. emotional memory of the baby is implicit – shapes us but unrecalled
10. human touch is essential for development
11. SOCIETY IS NOT HEALTHY & IS DENYING BASIC NEEDS OF HUMANITY, THAT'S WHY WE COME OUT SO DAMAGED PSYCHOLOGICALLY
12. John Locke’s book talks of how govts and laws should be
13. but when money comes in it damages the system,
14. Smith says its not only private property and buying labor as much as they want, tragically, leading to abuse & waste
15. the invisible hand of the market that balances things but that means "the system" is the hand of god
16. these lead to the eco-genocidal culture we have today, capitalism,
17. Adam Smith originally gave a system but he never saw financial trading or investment where money is gained by money with zero productivity
18. Money has become a commodity in and of itself
19. You cant judge the well-being of a humanity by the GDP as capitalism tries to do
20. its a system disorder, and its fatal to humanity
21. the more gdp rises the more we should worry about the deterioration, you have to create problems to create profit
22. an economy should economize, absence of waste is a sign of efficiency
23. but capitalism requires the opposite – consumerism to keep the money flow in rotation,
24. capitalism relies on built in obsolescence, circular consumption, planned obsolescence, inherent wastefulness,
25. there is an incentive to make things break or of poor quality to maintain consumerism,
26. but it is using all the rare metals that are finite
27. efficiency and sustainability and preservation are the enemies of our economic system
28. therefore we cant cure cancer, we need people sick for profit
29. we need terrorists and wars to blow up stuff and then rebuild them, like Iraq
30. environmental sustainability is against capitalism
31. economists are propagandists of money value, Milton Friedman and Keynes
32. Self-maximizing money or commodities is exploitative,
33. The market system and the monetary system work together
34. fractional reserve banking, and compound interest – creating money out of thin air – are a giant ponzi scheme
35. money and consumers both have to keep growing
36. money is monetized debt, interest is charged on all loans and the money to pay the debt interest is not created yet. 37 It's a Ponzi. Based on inflation and bankruptcy
37. perpetual increase in money supply is to pay the interest on loans
38. debt collapse occurs when the interest payments are no longer possible to payments
39. debt creates wage slaves, cops need them, as do countries
40. IMF and World Bank give big loans at high interest, which cant be paid and then they come in and take your assets
41. stock market just buys and sell debt and money, Goldman Sachs and Greece nearly collapsed the EU economy
42. Wall st breeds people who have no empathy said Max Keiser, now they just build algos to do it,
43. Wall st is based on bribes among insiders, Fraud is the system, not the symptom
44. trading fraudulent debt by re-securitising nothing, and swapping debt among each other as banks do, is their system
45. $700 trillion derivatives still going on
46. how do you bail out a planet, there is no country not saturated in debt?
47. 60% of countries on the planet will be bankrupt in a few years because of debt which is just a game,
48. And yet the well-being of people is hugely compromised
49. the monetary -market paradigm that runs the world is run on inequality – huge inequality, which ruins societies
50. class division is built into the monetary system – structural classism
51. 1% owns 40% of the planet’s wealth
52. equality will end violence
53. there is also a health socioeconomic gradient
54. the socioeconomic system itself is the very flaw in the entire system
55. solution is a resource-based economy