Showing posts with label Monetary Reform. Show all posts
Showing posts with label Monetary Reform. Show all posts

Tuesday, April 26, 2011

Stephen Zarlenga — "The Moral Necessity for Religion to Eradicate Usury" — Cleveland Society of Friends (Quakers) (4/11/11)

Stephen Zarlenga — "The Moral Necessity for Religion to Eradicate Usury" — Cleveland Society of Friends (Quakers) (4/11/11)


Zarlenga's Talk to the Cleveland Society of Friends (Quakers) 4/11/11
I argued the moral necessity for religion to eradicate usury in the real meaning of that term: whereby the strong take advantage of the weak through unfair monetary mechanisms. Chapter 20 of The Lost Science of Money describes how the private Bank of England was nationalized at the urging of the Archbishop of Canterbury; demonstrating the power of the nation's spiritual hierarchy to obtain economic justice. I tested whether the usury concept could help the Quakers join the fight for monetary reform. Listen to it here.

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Stephen Zarlenga's website is http://www.monetary.org/

Source: AMI

Aired: 04/11/11 12:00 AM

Stephen Zarlenga — "How the Economists Facilitated the Crisis" — EEA (2/26/11)

Stephen Zarlenga — "How the Economists Facilitated the Crisis" — EEA (2/26/11)

Stephen Zarlenga's talk at the Eastern Economic Association Annual Meeting 2/26/11. Dr Paul Krugman massaged this audience of economists. I'll summarize his talk: "Don't worry that you didn't foresee the crisis, neither did the rest of us". My talk took the opposite approach blaming the economists with the title "How the Economists Facilitated the Crisis". I said "Economists and their theories should be held accountable for the disaster".

You can listen to it here or read it here.

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Stephen Zarlenga's website is http://www.monetary.org/

Source: AMI

Aired: 02/26/11 12:00 AM

Friday, December 10, 2010

Dick Distlehorst and Robert Poteat — "Monetary Reform" on Community Currency - 10/07/10

Monetary Reform with monetary experts Dick Distlehorst and Robert Poteat, both are senior advisors to the American Monetary Institute which just held its 6th Annual AMI Monetary Reform Conference in Chicago.

Dick Distlehorst, is in his 90th year, his wife passed away six years ago. He was with the First Marine Division on Guadalcanal in the South Pacific during World War II. He first learned about our problematic, to say the least, monetary system in 1958 and has studied it and fought against it since that time. He has held meetings locally for over 10 years, and he spoke to the conference via video and gave a very powerful, inspiring speech and made suggestions to all of us on how to pressure Congress and educate our friends about money.

Robert Poteat has been studying and working on monetary reform since 1981. His education was electrical engineering. He worked in radio and television broadcasting, manufacturing, and elevator construction. Since his retirement, he has been active with Veterans for Peace as past president and media producer for VfP Chapter 109 in Olympia, WA. Representative Dennis Kucinich also spoke via video and said that he would be introducing a Monetary Reform bill in Congress in November. My report, entitled Money of, by, for the Corporations or Money of, by, for the People? and my presentation- Strategy for the Monetary Reform Movement, Stephen Zarlenga's opening remarks, and videos of the presentations of Professor Michael Hudson, Professor Yamaguchi, and Professor Steve Keen are posted online, along with a report by Keen at his www.debtdeflation.com website.

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Note: The AMI‘s Dick Distelhorst wrote a lengthy rebuttal in the comment section of the von Mises blog article: The Dangers of Monetary Reform. The full rebuttal can be found and read HERE.

Source: Progressive Radio Network
Aired: 10/07/10 12:00 AM

Stephen Zarlenga — Rense Radio Show, Stephen Zarlenga & Terry Arnold

Jeff Rense with Terry Arnold & Steve Zarlenga – Monetary Reform
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Stephen Zarlenga's website is http://www.monetary.org/

Source: Dprogram.net
Source: Rense Radio

Aired: 10/19/10 12:00 AM

Stephen Zarlenga — Interview with Dr. Alan Chartok, King of WMAC's Northeastern Public Radio

WAMC Conversation with... Stephen Zarlinga (American Monetary Institute)

Dr. Alan Chartok, King of Northeastern Public Radio presents an unequalled full hour interview of Stephen Zarlenga

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Stephen Zarlenga's website is http://www.monetary.org/

Source: American Monetary Institute
Source: WMAC

Aired: 12/30/04 12:00 AM

Friday, September 24, 2010

Stephen Zarlenga — "Monetary Reform" on Community Currency - 09/16/10

"Monetary Reform" with Stephen Zarlenga, founder of The American Monetary Institute, author of The Lost Science of Money - The Mythology of Money - the Story of Power. Stephen Zarlenga has over three decades of practical experience in the world of finance and spent over twelve years doing the historical research to write his book. The final chapter is the solution he offers based upon his knowledge and understanding of money, and the failures of past attempts at monetary reform. His idea has been written into legislative language which should someday come before Congress. He believes that daunting though the struggle may appear, we must not give up because our future depends on changing our deeply flawed monetary system.

They have organized excellent conferences, where experts, and researchers have pooled their knowledge and expanded awareness on the need for reform. He condemns most economists for obscuring the basic facts about money, how it is created, its structural flaws, which transfer wealth from the many to the few. He believes that governments not banks should create money, that the Federal Reserve should be nationalized, that private banks should not be allowed to create money out of thin air, siphoning wealth from others, and that governments have the right to create money and should spend it into existence on infrastructure projects that benefit people. The Green Party's National Committee working on monetary and economic policy matters have approved an historic, comprehensive Monetary Reform Plank in their 2010 Platform which includes all three of the necessary elements to achieve real reform that the American Monetary Institute has pushed for in its proposed American Monetary Act.

The 6th Annual AMI Monetary Reform Conference will be held Sept. 30 - Oct. 3rd in Chicago. Speakers include- Prof. Michael Hudson, author, Super Imperialism and Global Fracture; editor, Debt and Economic Renewal in the Ancient Near East; distinguished Professor of Economics, University of Missouri, Kansas City, and Chief Economic Advisor to the 2008 Kucinich for President campaign. Dr. Hudson was the first to publicly identify the mechanism of "Dollar Imperialism" through the U.S. balance of payments deficits. His talk will focus on the coming momentous monetary developments in the Icelandic and Latvian crises, and their implication for future crises resolutions. Top Australian monetary economist Steve Keen who just won the inaugural (Paul) Revere Award for giving an early warning (2005) of the present debt-deflation collapse. Dr. Michael Clark, of the United Nations, is the man who earlier this year sparked the recent issue of 240 billion new SDRs by the International Monetary Fund, though they had only issued 21 billion of them since inception in January 1970. Dr. Edward Chambers, President of the Industrial Areas Foundation (IAF) will discuss- Organizing for Power, Action and Justice. Richard C. (Rick) Cook, a former federal government analyst who worked with Stephen Zarlenga on drafting the American Monetary Act while still with the U.S. Treasury. Rick was an adviser to Dennis Kucinich during the 2004 and 2008 Presidential campaigns will speak on democratizing the monetary system. Ben Dyson is a British monetary reformer, specializing in the necessary accounting techniques to achieve monetary reform by allowing banks to make loans without creating money and will address Monetary reform in Great Britain. William Bergman, economist and formerly an official at the Federal Reserve Bank of Chicago, until he became a whistleblower on Fed practices. He will focus on the present condition of banking after the massive bailouts. Who won? At whose expense? Why won't the banks lend? What must be done now to get money into circulation? Carol Brouillet will speak on Strategy for the Monetary Reform Movement (Analyzing it though the Doing Democracy - MAP Model of Social Movements, as she did for the Truth Movement in Chicago in 2006).

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Stephen Zarlenga's website is http://www.monetary.org/

Source: Progressive Radio Network
Aired: 9/16/10 12:00 AM

Tuesday, August 24, 2010

Stephen Zarlenga — Silver & Gold — An Update Interview with Stephen Zarlenga - pt. 4

Part 4: This episode is titled "An Update Interview with Stephen Zarlenga - pt. 4" and is being released on Tuesday, August 24, 2010. My interview with Stephen Zarlenga was recorded on August 24, 2010.

This is an update (part 4) of our series with Stephen Zarlenga looking deeper into the fundamental concepts of money: What is money and how is it defined? What is the difference between money and credit? What is the history of money? And why is any of this important for YOU to understand, and how could it possibly affect YOUR life?

Stephen Zarlenga is the founder of the American Monetary Institute (AMI) - the leading American monetary think tank for monetary history, theory and reform. An economic historian and author, Zarlenga provides us the clearest picture of how money and monetary systems work in his incredible 2002 tome The Lost Science of Money, and he's also the author of the American Monetary Act, submitted to congress by Dennis Kucinich in March of this year. If you have not already read his book, it is an absolute must read.
So don't attack the messanger, instead go out and buy the book and learn for yourself exactly how and why those who promote the gold standard are lying to you.

Download

Stephen Zarlenga's website is http://www.monetary.org/

Source: Gnostic Media
Aired: 8/24/10 12:00 AM

Thursday, April 8, 2010

Stephen Zarlenga — "Monetary Reform" on Community Currency - 04/08/10

"Monetary Reform" with Stephen Zarlenga, author of the book- The Lost Science of Money - The Mythology of Money - The Story of Power. Zarlenga has over three decades of practical experience in the world of finance and spent over twelve years doing the historical research to write his book. The final chapter is the solution he offers based upon his knowledge and understanding of money, and the failures of past attempts at monetary reform. His idea is modelled upon the work of other economists, and has been written into legislative language which should someday come before Congress. He believes that daunting though the struggle may appear, we must not give up because our future depends on changing our deeply flawed monetary system. He founded the American Monetary Institute, which strives to educate the public and Congress about money and the need for reform. They have organized excellent conferences, where experts and researchers have pooled their knowledge and expanded awareness on the need for reform. He condemns most economists for obscuring the basic facts about money, how it is created, its structural flaws, which transfer wealth from the many to the few. He believes that governments not banks should create money, that the Federal Reserve should be nationalized, that private banks should not be allowed to create money out of thin air, siphoning wealth from others, and that governments have the right to create money and should spend it into existence on infrastructure projects that benefit people. The American Monetary Institute's website is www.monetary.org. The next annual Monetary Reform Conference will be held Sept. 30 - Oct. 3rd in Chicago.


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Stephen Zarlenga's website is http://www.monetary.org/

Source: Progressive Radio Network
Aired: 4/08/10 12:00 AM

Monday, March 1, 2010

Stephen Zarlenga — A Response to the Austrian School

Part 3: This show is being released on Monday, March 01, 2010. My interview with Steve Zarlenga was recorded on February 23, 2010.

Stephen Zarlenga of the American Monetary Institute has become a regular guest on the Gnostic Media program, and we love having him on. After our series that we completed a few months ago, some people from the Austrian school of economics were upset about the interviews with Stephen, and one of them wrote a long article that was posted to the Ludwig von Mises Institute website (http://mises.org/daily/4102) of the Austrian school attacking Stephen and the interview.

Stephen returns for our 3rd interview together for his critical rejoinder to the Ludwig von Mises Institute website article by Kaj Grüssner. Whether your an economist or not, this is another interview you that won't want to miss.


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Stephen Zarlenga's website is http://www.monetary.org/

Source: Gnostic Media
Aired: 3/1/10 12:00 AM

Friday, January 22, 2010

Stephen Zarlenga — Reforming a Broken System to Achieve Economic Justice

Stephen Zarlenga is Director of the American Monetary Institute (AMI), a publicly supported charity involved in conducting research on the nature of money, its role in controlling societies, and the importance of reforming a broken system to achieve economic justice.
Zarlenga is a noted expert on issues related to finance, securities, insurance, mutual funds, real estate, and futures trading. He's written 20 books on money, banking, politics and philosophy, including "The Lost Science of Money" that "exposes the mythology created to protect those who are embezzling from society" by controlling the nation's money.

The result is a structurally corrupted political economy with elected officials the handmaidens of Wall Street, an unprecedented wealth disparity between the rich and most others, and a society in decay heading for ruin and tyranny unless stopped.

That topic will be discussed and Zarlenga's prescription for change.


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Stephen Zarlenga's website is http://www.monetary.org/

Source: Republic Broadcasting Network
Aired: 1/22/10 12:00 AM

Source: Progressive Radio Network
Aired: 1/25/10 12:00 AM

Sunday, December 20, 2009

Stephen Zarlenga — Why Gold and Silver are Not the Answer

Part 2: This show is being released on Monday, the Solstice, December 21, 2009. My interview with Stephen Zarlenga was recorded on Dec. 15, 2009.

This is part 2 of our series with Stephen Zarlenga where we look deep into the fundamental concepts of money: What is money and how is it defined? What is the difference between money and credit? What is the history of money? How does it tie to religion, government and private business? Is nationalizing the money system socialist, and does this concept of money ignore "the libertarian issue"? What is FIAT money? Is there a difference between private versus nationalized banks and how they operate? Has there ever been a society on the gold standard that did not fall to slavery or serfdom? And why is any of this important for YOU to understand, and how could it possibly affect YOUR life?

Stephen Zarlenga is the founder of the American Monetary Institute (AMI) - the leading American monetary think tank for monetary history, theory and reform. An economic historian and author, Zarlenga provides us the clearest picture of how money and monetary systems work in his incredible 2002 tome The Lost Science of Money, and he's also the author of the American Monetary Act, submitted to congress by Dennis Kucinich in March of this year. If you have not already read his book, it is an absolute must read.

So don't attack the messanger, instead go out and buy the book and learn for yourself exactly how and why those who promote the gold standard are lying to you.

Frontline: The Warning http://www.pbs.org/wgbh/pages/frontline/warning/view/


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Stephen Zarlenga's website is http://www.monetary.org/

Source: Gnostic Media
Aired: 12/20/09 12:00 AM

Monday, September 7, 2009

Ellen Brown — Web of Debt: An Interview with Dr. Ellen Brown on Gnostic Media

In this episode we continue our investigation into monetary systems and the inner workings of privatized banking.

Our money system is not what we have been led to believe. The creation of money has been "privatized," or taken over by a private money cartel. Except for coins, all of our money is now created as loans advanced by private banking institutions — including the private Federal Reserve. Banks create the principal but not the interest to service their loans. To find the interest, new loans must continually be taken out, expanding the money supply, inflating prices — and robbing you of the value of your money.

Not only is virtually the entire money supply created privately by banks, but a mere handful of very big banks is responsible for a massive investment scheme known as "derivatives," which now tallies in at hundreds of trillions of dollars. The banking system has been contrived so that these big banks always get bailed out by the taxpayers from their risky ventures, but the scheme has reached its mathematical limits. There isn't enough money in the entire global economy to bail out the banks from a massive derivatives default today. When the investors realize that the "insurance" against catastrophe that they have purchased in the form of derivatives is worthless, they are liable to jump ship and bring the whole shaky edifice crashing down.

Web of Debt unravels the deceptions in our money scheme and presents a crystal clear picture of the financial abyss towards which we are heading. Then it explores a workable alternative, one that was tested in colonial America and is grounded in the best of American economic thought, including the writings of Benjamin Franklin, Thomas Jefferson and Abraham Lincoln. If you care about financial security, your own or the nation's, you should read this book.

Ellen Brown developed her research skills as an attorney practicing civil litigation in Los Angeles. In Web of Debt, her latest book, she turns those skills to an analysis of the Federal Reserve and "the money trust." She shows how this private cartel has usurped the power to create money from the people themselves, and how we the people can get it back. Brown developed an interest in the developing world and its problems while living abroad for eleven years in Kenya, Honduras, Guatemala and Nicaragua. She returned to practicing law when she was asked to join the legal team of a popular Tijuana healer with an innovative cancer therapy, who was targeted by the chemotherapy industry in the 1990s. That experience produced her book Forbidden Medicine, which traces the suppression of natural health treatments to the same corrupting influences that have captured the money system. Brown's eleven books include the bestselling Nature's Pharmacy, co-authored with Dr. Lynne Walker, which has sold 285,000 copies.


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Ellen Brown's website is: http://www.webofdebt.com

Source: Gnostic Media
Aired: 9/7/09 12:00 AM

Sunday, August 30, 2009

Stephen Zarlenga — Money's Dirty Little Secrets

Part 1: One of the factions that controls nearly every moment of our lives is hardly understood by the large majority of the population. To gain an understanding of today's topic deepens our understanding of the world and how it works and exactly what we can do to effect change when and where needed.

Our deepening investigation into the freedom of consciousness cannot go without a deeper understanding of what we all use for exchange or trade - money.

Exactly how we define the word 'money' defines our very society and affects nearly every facet of our lives. It also tells us exactly what we can expect from our political representatives. All we need is to understand the language of money.

Beginning today in this detailed two part series we begin to look into the fundamental concepts of money: What is money and how is it defined? What is the history of money? How does it tie to religion, government and private business? What is the difference between credit and money? What is FIAT money? Is there a difference between private versus nationalized banks and how they operate? And why is any of this important to YOU? And how could it possibly affect YOUR life?

Stephen Zarlenga is the founder of the American Monetary Institute (AMI) - the leading American monetary think tank for monetary history, theory and reform. An economic historian and author, Zarlenga provides us the clearest picture of how money and monetary systems work in his incredible 2002 tome The Lost Science of Money, and he's also the author of the American Monetary Act, submitted to congress by Dennis Kucinich in March of this year.


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Stephen Zarlenga's website is http://www.monetary.org/

Source: Gnostic Media
Aired: 08/30/09 12:00 AM

Wednesday, July 1, 2009

Tom Greco — THE END OF MONEY AND THE FUTURE OF CIVILIZATION

Tom Greco demystifies money and banking and explains the destructive power of the current financial system. He challenges us to recognize that our dreams of a sane, just and ecologically sound future can become reality only if we change the way in which money is created and used.

Tom Greco was recorded at the beginning of his lecture tour for his most recent book: THE END OF MONEY AND THE FUTURE OF CIVILIZATION. A former engineer and college professor, Greco has written on monetary and financial innovation for over 30 years. Earlier books include: New Money for Healthy Communities and Money and Debt, A Solution to the Global Crisis. His


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Tom Greco's website is http://www.reinventingmoney.com

Source: TUC Radio
Aired: 7/1/09 12:00 AM

Monday, June 29, 2009

Tom Greco — Economic Crisis: "The End of Money and the Future of Civilization."

GUEST: Thomas Greco, Jr. is a community and monetary economist, educator, writer, and consultant. He's also a former tenured college teacher with over 30 years of experience studying and writing about ways to achieve greater harmony, equity, and sustainability through business and economics. His special expertise is monetary and financial structures.

Greco's new book on the subject will be discussed in connection with the global economic crisis - "The End of Money and the Future of Civilization."


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Tom Greco's website is http://www.reinventingmoney.com

Source: Republic Broadcasting Network Global Research News Hour (mp3)
Aired: 6/29/09 12:00 AM

Wednesday, June 17, 2009

Part 2: Stephen Zarlenga — THE AMERICAN MONETARY ACT: Solving the Financial Crisis by Monetary Reform

Part 2: Congressman Dennis Kucinich has posted the following on his web site: “The U.S. monetary reform is urgently needed: It is long past time we look at the implications of . . . the privatization of money created by the 1913 Federal Reserve Act, the bank fractional reserve system and our debt-based economic system. Unless we have dramatic reform of monetary policy, the entire economic system will continue to accelerate wealth upwards. I am currently working on drafting legislation for an ‘American Monetary Act’ to address these and other issues in order to protect the economic well being of America.” Observers believe that this single measure has the potential of bringing together tens of millions of people who have realized that our bank-run debt-based monetary system lies at the center of the financial crisis. The question is of course - how are these tens of millions going to find out that there is such legislation being developed?

Kucinich is working closely with Stephen Zarlenga, director of the American Monetary Institute and author of: The Lost Science of Money. Zarlenga was interviewd in May 2009 after his return from Washington, DC, where he had briefed members of Congress. A report on the briefing was done by Richard Cook


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Stephen Zarlenga's website is http://www.monetary.org/

Source: TUC Radio
Aired: 6/17/09 12:10 AM

Part 1: Stephen Zarlenga — THE AMERICAN MONETARY ACT: Solving the Financial Crisis by Monetary Reform

Part 1: Congressman Dennis Kucinich has posted the following on his web site: “The U.S. monetary reform is urgently needed: It is long past time we look at the implications of . . . the privatization of money created by the 1913 Federal Reserve Act, the bank fractional reserve system and our debt-based economic system. Unless we have dramatic reform of monetary policy, the entire economic system will continue to accelerate wealth upwards. I am currently working on drafting legislation for an ‘American Monetary Act’ to address these and other issues in order to protect the economic well being of America.” Observers believe that this single measure has the potential of bringing together tens of millions of people who have realized that our bank-run debt-based monetary system lies at the center of the financial crisis. The question is of course - how are these tens of millions going to find out that there is such legislation being developed?

Kucinich is working closely with Stephen Zarlenga, director of the American Monetary Institute and author of: The Lost Science of Money. Zarlenga was interviewd in May 2009 after his return from Washington, DC, where he had briefed members of Congress. A report on the briefing was done by Richard Cook


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Stephen Zarlenga's website is http://www.monetary.org/

Source: TUC Radio
Aired: 6/17/09 12:00 AM

Sunday, May 31, 2009

G. Edward Griffin — The Creature from Jekyll Island: An Interview with G. Edward Griffin on Gnostic Media

What force do bankers have on our society and government? Do the banks really control the world? Do global conspiracies really exist, or are these just traps of weak-minded, tin-hat wearing fools? If the conspiracies really do exist, then who benefits? Is the US Federal Reserve really a branch of the U.S. government? How is money created? What does the future hold for our economy and global politics?

Today I thought that I'd do a show that's entirely different than the usual format. This is very pertinent information to understanding what's going on right now in the U.S. (and the world) with Bush and Obama's bailouts, and how the entire thing is a scam to protect the bankers and milk the public through the hidden tax of inflation.

Today's guest is G. Edward Griffin, the author of The Creature from Jekyll Island.

This is a fantastic, detailed interview at 1 hour and 40 minutes, and I thank Edward for offering this show a longer and more detailed interview than he normally provides. So make sure you listen to the entire show.

G. Edward Griffin is a writer and documentary film producer with many successful titles to his credit. Listed in Who’s Who in America, he is well known because of his talent for researching difficult topics and presenting them in clear terms that all can understand. He has dealt with such diverse subjects as archaeology and ancient Earth history, the Federal Reserve System and international banking, terrorism, internal subversion, the history of taxation, U.S. foreign policy, the science and politics of cancer therapy, the Supreme Court, and the United Nations. His better-known works include The Creature from Jekyll Island, World without Cancer, The Discovery of Noah’s Ark, Moles in High Places, The Open Gates of Troy, No Place to Hide, The Capitalist Conspiracy, More Deadly than War, The Grand Design, The Great Prison Break, and The Fearful Master.

Mr. Griffin is a graduate of the University of Michigan where he majored in speech and communications. In preparation for writing his book on the Federal Reserve System, he enrolled in the College for Financial Planning located in Denver, Colorado. His goal was not to become a professional financial planner but to better understand the real world of investments and money markets. He obtained his CFP designation (Certified Financial Planner) in 1989.

Mr. Griffin is a recipient of the coveted Telly Award for excellence in television production, a Contributing Editor of The New American magazine, the creator of the Reality Zone Audio Archives, and is President of American Media, a publishing and video production company in Southern California. He has served on the board of directors of The National Health Federation and The International Association of Cancer Victors and Friends and is Founder and President of The Cancer Cure Foundation http://www.cancure.org. He is also the founder and president of Freedom Force International. www.freedom-force.org

Order The Creature from Jekyll Island: http://astore.amazon.com/gnosmedi-20/detail/0912986395


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G. Edward Griffin's website is: http://www.freedomforceinternational.org/

Source: Gnostic Media
Aired: 5/31/09 12:00 AM

Wednesday, April 29, 2009

Part 2: David Korten — COMMUNITY AND THE NEW ECONOMY: Why Wall Street can't be fixed and how to replace it

Part 2: David Korten is the author of the 2009 book: "Agenda for a New Economy" and chair of the board of YES Magazine. He is probably best known for his famous anti-globalization book: When Corporations Rule the World. He argues that pouring trillions of dollars in bail-out money into the Wall Street institutions that created the crisis does nothing to repair the failed economic system.

In this speech, given in March 2009 at the NW regional conference of Veterans for Peace, he analyzes two major flaws of the current economic system and points to ways to replace them. One is the monetary system, the other the concept of ever increasing growth, measured as GDP.


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David Korten's website is http://www.davidkorten.org

Source: TUC Radio
Aired: 4/29/09 12:10 AM

Part 1: David Korten — COMMUNITY AND THE NEW ECONOMY: Why Wall Street can't be fixed and how to replace it

Part 1: David Korten is the author of the 2009 book: "Agenda for a New Economy" and chair of the board of YES Magazine. He is probably best known for his famous anti-globalization book: When Corporations Rule the World. He argues that pouring trillions of dollars in bail-out money into the Wall Street institutions that created the crisis does nothing to repair the failed economic system.

In this speech, given in March 2009 at the NW regional conference of Veterans for Peace, he analyzes two major flaws of the current economic system and points to ways to replace them. One is the monetary system, the other the concept of ever increasing growth, measured as GDP.


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David Korten's website is http://www.davidkorten.org

Source: TUC Radio
Aired: 4/29/09 12:00 AM