About this episode
The audio version of Zeitgeist: Addendum, a 2008 film produced and directed by Peter Joseph, and is a sequel to the 2007 film, Zeitgeist: The Movie. Part I covers the process of fractional-reserve banking as illustrated in Modern Money Mechanics, by the Federal Reserve Bank of Chicago. The film suggests that society is manipulated into economic slavery through debt-based monetary policies by requiring individuals to submit for employment in order to pay off their debt. Part II has an interview with John Perkins, author of Confessions of an Economic Hitman, who says he was involved in the subjugation of Latin American economies by multinational corporations and the United States government, including involvement in the overthrow of Latin American heads-of-state. Perkins sees the US as a corporatocracy, in which maximization of profits is the first priority. Part III introduces futurist Jacque Fresco and The Venus Project and asserts a need to move away from current socioeconomic paradigms. Fresco states that capitalism perpetuates the conditions it claims to address, as problems are only solved if there is money to be made. The film looks at Fresco's proposal of a resource-based economy, which puts environmental friendliness, sustainability and abundance as fundamental societal goals. He goes on to discuss technology which he sees as the primary driver of human advancement, and he describes politics as being unable to solve any problems. Part IV suggests that the primary reason for what the film sees as society's social values ("warfare, corruption, oppressive laws, social stratification, irrelevant superstitions, environmental destruction, and a despotic, socially indifferent, profit oriented ruling class") is a collective ignorance of "the emergent and symbiotic aspects of natural law". The film advocates the following actions for achieving social change: boycotting of the most powerful banks in the Federal Reserve System, the major news networks, the military, energy corporations, all political systems; and joining, and supporting The Zeitgeist Movement. thefacthunter.com