I've been investigating it a bit more, surbitonPete. I am not an economist, but was interested in the entire resource based economy. From the video included, it seems that the idea behind it is to have machines do most of the work as well as maintain order in society. I think I can understand where this is going, it is likely to occur at some point. I have often wondered exactly what is going to occur once our jobs are mostly automated.
YouTube - Resource Based Economy - The Solution for the Monetary System Collapse
I do not agree with Fresco's assessment that we already have the technology to make this possible, perhaps we will in a few decades especially if we go along with Kurzweil's technology forecasts.
It is interesting, but I think we will have to stick to the monetary system for a while longer before anything like this would be possible. Then again, as I said before I am not an economist. I find subjects like this to be fun to explore though. I apologize for my initial reaction. The film sort of put me off a bit at first.
Hi jimik .. the one thing I know they are absolutely right about is that technical unemployment is going to go through the roof very soon. As they point out in one of their vids the very last bastion for people to find employment has been the service sector but now technology is also replacing people fast in that sector.....what else is there?? Entertainment?? .....even actors will soon be replaced by computer generated images that you won't be able to tell are not real people.
I don't know how long it will be but I am convinced that the world will soon have some kind of unfixable financial system collapse. A collapse that will result in riots and wars and deprivation on a scale never before seen and the zeitgeist movement are the only one's who have any kind of sensible viable alternative. I don't know about America but the signs of the collapse are already here in the UK and the government and the news is doing it's absolute best to maintain the illusion that it isn't. ...All the businesses that are being boarded up and closing down, all the desperate and never ending 'sales' going on and the growing numbers of people on welfare are telling a different story.
I am no scientist but from the things I have read about I don't find it hard to believe that we do 'already' have the technology and that the truth is that it's only held back by the monetary system and it's need to 'profit' out of anything. The technology 'is' there to provide us all with virtually free, clean and sustainable energy but the sustainable 'profit' isn't. That graph about technological growth is probably right for the monetary system but not if the the system was changed. I think once technicians and scientists are unleashed from the constraints of having to make someone a profit, things will dramatically change.
Fresco is in his 90's and you have people saying it's all a scam and he's in it for the money!! That's what the financial system does to people's minds. Most of us aren't even sure we can trust our own family when it comes to money, never mind anyone else.
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