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Tuesday, March 11th 2014, 3:36pm

The Zeitgeist Movement / Peter Joseph on "Boom and Bust", March 6th 2014

Hello,
I've just finished a transcription for <The Zeitgeist Movement / Peter Joseph on "Boom and Bust", March 6th 2014>

I would need a proofreading for a last check - Thank you!

... Humm! - Looks like I don't have privileges for attachment. It says "Forbidden!" - Ok! I'll put it down here!


The Zeitgeist Movement / Peter Joseph on "Boom and Bust", March 6th 2014



For my next guest we bring you a completely different perspective on the economy. Now Peter Joseph is a filmmaker and founder of the Zeitgeist Movement which is a sustainable advocacy organization. Now the movement believes that social issues such as poverty corruption pollution and war are all a result of an outdated

and inefficient social structure they advocate for new socio-economic model: a natural law resource based economy. I sat down with Peter earlier this week to talk about his idea, and I start off by asking him to explain what he thinks is wrong with our current banking system. Take a look!

–— The story with the banking system in the financial sector which I would say is a carcinogenic adaptation and underlying premise that capitalism by the system itself isn't designed to cater to what we would term technical sustainability or social stability in other words you have something called market efficiency which as we all know, has to do with the movement of money and the acquisition of efficiency for profit attainment, the need to have economic growth to keep people employed all these attributes require service seen (in.. in...) in truth, require technical inefficiency. So the more we improve society the more we have technology that can be used for extended periods more we have... we adapt our technology, more were able to create sustainable products the more we able to solve problems in other words. The less fuel there is to drive market efficiency in keep the economy going. The market economy was basically creating the sort a sixteenth-century handicraft premise.

Adam Smith, for example, never would have fathomed that we would have the largest industry in the world today be in the financial sector and people trading in gambling and having a gambling casino economy that we have today with equities and futures and currencies. This is a carcinogenic adaptation the underlying premise of seeking the widget gain as it were from economics 101. So it's completely outdated in other words and it's not gonna handle the problems we have today with, huh... billion people starving three billion poverty the huge water stress that is rising the energy crisis in demand we'll have another billion people on this planet another 15 years.

These stressors will not be resolved by a system that actually wants inefficiency to keep it going.

–— Right! Now can you explain to our viewers what The Zeitgeist Movement is.

–— The Zeitgeist Movement is a global sustainability advocacy organization and insured we get to the root of what is underlined most the social problems that we see in the world today from the conflict in social instability that we see on a daily basis to again the core ecological crises that we also see amalgamating continuing and what we find is that the route premise of the social model is at fault.

Now I wanna make one distinction because when you talk about to criticize capitalism, people are very quick to point fingers.

Capitalism did not start in the 16th century even though was formalized as such. The premise of capitalism the premise of the market itself is the sphere of scarcity and the necessity to compete and gain advantage over others because I've that fear and this has amalgamated into this complex system that we have today that is literally decoupled from itself where people are out trading in gaining without any regard for what actually is relevant to social progress so the movement sees this and we also see that we have immense problem solving capacities and technological solutions out there that are going unused because they are simply too efficient to be up applicable to keep market circulation going.

So we recommend what I term in Natural Law Resource-based Economy and this idea simply says that we need to use the scientific method we need to get down to the root of what actually creates life-support, creates public health, insures security environment, insures social and ecological sustainability, and to do so we need to install a complete different social system that actually has that interest in mind and that is an elaborate conversation that we can go into at length but I must stop right there.

–— And I do wanna go into it at length at some point but thank you for somebody never was. But my question is...

–— Sure!

—– What happens when economic growth slows today as compared to what would happen when economic growth slows in this more sustainable society that you envision... Zeitgeist Movement?

–— (Well the...) Well that's a very interesting idea because you're premising economic growth in the market context there would be no economic growth in the same theoretical understanding in a Resource-based Economy.

Economic growth is basically to find about the acceleration of money moving through consumers and producers and laborer. Excuse me, consumer producers and laborers, and it's money that circulates, and this is what keeps growth going and keeps people employed, of course, employment is the ultimate foundation of an economy. If people are employed and they don't get purchasing power they can't buy into the system they can't keep this... this highly contrive cycle going. In a new model agent in a socially sustainable model based on the scientific method we don't have economic growth you have actual tangible production to meet human needs and you use the high... higher propensity (excuse me) the highly optimized sustainability and efficiency protocols you can call that we have derived from nature that says okay you shouldn't overuse this resource 'cause it's scarce we should use a high propensity resources that have a good abundance rather than deplete, say.. say... rare earth metals for arbitrary purposes such as cheap cell phones that you can buy for 99 cents that end up in a landfill and never recycled, 'cause they're not designed to...

So economic growth is a contrivance a thought coming from the monetary economy and I can't even think of a way it would exist in a new system. Other than the concept of simply producing to meet human needs in an access type of society rather than a propertied society; which is another point that we can touch upon as well. So I hope that makes sense. It's a market contrivance economic growth.

–— It does, but my follow-up to that is: How would a non-monetary society be more sustainable?

–— Because it would be based on actual technical premises of sustainability: things that we don't do in the monetary system because market needs turnover market needs inefficiency. Again, if you want to have a very robust market economy you need immense amounts of things to service. I give you an example: Cancer. If we resolved cancer, if we're able to actually go up the lifestyle factors the genetic propensities and stop this massive growth the cancer which is continuing on the planet are they would be billions if not trillions of dollars and millions of jobs lost tomorrow if this actual resolution was put forward.

So if you if you can extrapolate axiomatically that example to what of mean to make a car that last a hundred years... imagine for example if we had housing structures, we had advanced housing structures that had advanced production of produce in our own homes and we also had a 3d printing machines that were based on nanotechnology to produce the basic housewares, basically capital goods becoming consumer goods in other words.

What would that mean if we each of us to go, say, a month without buying anything the entire economy would collapse. So the system is not predicated on saving conservation or anything that you can get a classical sense would deem sustainable.

and I'll add one more thing to that because I think it is adjacent to it, and that's the idea social sustainability.

This system produces conflict. Its core driving mechanism is in balance. I mean, it's hard to use the word exploitations because everyone thinks you're a Marxist. But it's very, very true, if you're going to cost efficiency, which is the core driver of saving money in this type of economy, meaning that if I start a business I need necessarily to maintain competition to pay my laborers the least amount I possibly can so I can stay afloat and be competitive. Outsourcing in the Third World labor and what have you. This is inherently destabilizing, because you're creating immense wealth gaps, and again it's this carcinogenic incentive system that's where we are today with one the largest wealth gaps in human history and it's only going to get worse I'm sorry to say especially when the stressors of the environmental crises really hit. The wealthy are going to continue to compound their greed, which greed is based on fear, continue to secure their positions and you're gonna continue to see larger and larger wealth divides and tell, of course, as history has proven, you end up with probably a revolution of sorts which we are seeing periodically around the world right now for similar economic reasons.

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Tuesday, March 11th 2014, 4:55pm

Hello,

I've just finished a transcription for

Hi Ezio! :)
You did the transcription in a subtitle file or all you have is this plain text? Don't you want to put that in a video? It would serve for all teams to translate from there directly and I can show you where and how; let me know?

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Tuesday, March 11th 2014, 7:56pm

Hi nomada,
I have an account on Amara, but I don't know if this video is already available there.
It wouldn't be such trouble to me to make the srt file. Just tell me how. And whenever the proofreading is ready I would like to subtitle it in Italian too.

This post has been edited 1 times, last edit by "marezio" (Mar 17th 2014, 10:12am)


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Tuesday, March 11th 2014, 10:44pm

Hi! :)
I have an account on Amara, but I don't know if this video is already available there.
There is one location there, yes.
The Zeitgeist Movement / Peter Joseph on "Boom and Bust", March 6th 2014 with subtitles | Amara

So if you know amara,and even not knowing, it will be quite easy.They separate the transcription in 3 stages:1st,care only about adding the text in the different strings, while using the tab button to listen and pause the video while you type. In this stage you just need to focus in cutting the strings in the most adequate location, according to:
- Grammar of the sentences and pauses in speech; (Ex: Jonh went to the store to buy milk / and on the way back he felt a bit bad with himself, thinking of all the cows / and how they suffer so much./ - the second string is too long and the sentence or speech structure is more harmonious if "thinking of all the cows" is together with "and how they suffer so much". Except if he speaks really fast and pauses to breath where it is not so convenient, then we need to consider if there is time for the viewer to read it all, etc. 2 lines of text maximum. 1,75 lines is the ideal maximum. Minimum of 2 seconds per string is also important.

The second stage will be synch it with the audio and the last stage is proofreading the result.

Here is a page with the English guidelines, but the above are the most important while transcribing.
English Quick Reference for Transcribers, Translators and Proofreaders - Linguistic Team International Wiki

To get started in Amara, click on "Subtitle Me" under the video. Amara is great giving you the hand through the steps, on tutorials too and there are short keys and instructions always on the side while subtitling.
When you are done or have any doubts, reply here. It is important to use the shared platforms and make information abundant, so we can make collaboration and improvement of quality possible. Or else is like having the central dome with a central computer in the circular city but using mobile phone to share suggestions only with some of the people living in the city :D Nothing of this last sentence is focused on you but rather my persistence on making this point of view abundant a bit all over, because I find it important. That's all ;)

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Wednesday, March 12th 2014, 5:51am

Finished!
May I have a notification if someone makes a proofreading, so I can proceed with Italian subtitling?
Thank you! :smiley:

Ezio

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Thursday, March 13th 2014, 9:10pm

Test Revision/Proofreading in Amara?

Nice Ezio! :)

This seems a good opportunity for anyone who wishes to try revising an english transcript in amara. I still very much advise giving a try to the new Beta interface they have, as a possibility for easy English revisions + synching, since they have it in a way that allows for quality while very simple to use/learn. I think we could solve many of the English projects much easily if revising the existing transcriptions there, but also using it to transcribe from scratch. Nothing will connect us better around this idea so we can at least evaluate the utility of amara as a subtitling platform than people trying it themselves. Otherwise these words won't have much meaning to any of you. There is even a diffchecker incorporated that allows us to compare any of the existing versions/revisions of any given language in the video.
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Monday, March 17th 2014, 1:22am

PJ on RT Boomand Bust- Revision1 (R1) (on Amara)

Finished!

May I have a notification if someone makes a proofreading, so I can proceed with Italian subtitling?

Thank you! :smiley:
Hi! :)
I revised this transcription in Amara. Corrected several words and restructured some strings.Peter Joseph was in big hurry again :tongue:

The Zeitgeist Movement / Peter Joseph on "Boom and Bust", March 6th 2014 with subtitles | Amara

I suggest another revision by someone with better English knowledge,as I changed several words/expressions that were different between the transcript and the audio, and there might be more.
Here is a diffchecker to help find the parts I have changed: Diff Checker - Online diff tool that compares text to find the difference between two text files

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Monday, March 17th 2014, 9:40am

Hey there Marezio! Thanks for your effort on the transcription. I'm working on the proof(and all the forum guideline tutorials) right now and will confirm completion asap. You're not wrong about the speed. Even for a native speaker some things slipped past my ear and I had to watch the screen to read his lips for confirmation! PJ strikes as a double espresso kinda guy.
Peace

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