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Chris Hedges: ‘The system of global capitalism is breaking down’
More importantly, the ideological foundation of unfettered, unlimited capitalism is losing its hold on the imagination of large numbers of people who are not benefiting from this global system. And you see it in terms of people turning against their political elites.
For example, the approval rating for the U.S. Congress is in the single digits, and voter turnout is at all-time lows. That there is something seismic happening below the surface is undeniable. When it will play out, how it will play out, what it will look like – having covered these things in the past – it is impossible to predict."
Why The Zeitgeist Movement?
As of early 2015, we have seen a dramatic validation of all issues (positive and negative) The Zeitgeist Movement (TZM) has been pleading for a social awareness and intelligent resolution since its inception.
On the positive, our technological capacity to create global abundance through the exponential increase in dematerialization and automation has been staggering. We exist in a powerful new epoch of possibility where we can elevate humanity to a new social state of peace and stability, while restoring the habitat.
On the negative, we see global stagnation of employment due fundamentally to the application of labor-displacing technology while we continue to endure rampant poverty and wage immobility. The global "class war" seems to be hitting epic proportions as it is now estimated that 1% of the population will own half the world's wealth by 2016.
Personal and public debt levels continue to rise unabated, with this mechanism for "soft slavery" not only keeping the average person under false pressure to constantly "work" in an attempt to make ends meet - it has also created vast instances of imposed national austerity, which only hurts the average people in all countries applied.
Furthermore, we continue to destroy biodiversity and overshoot resource use to keep our consumptions-based economy going. All life support systems remain in decline. As far as social relations, all one has to do is review the state of near constant social insurrection to feel the anger and tension building towards a climax we have not yet realized.
There is no time more important to be active if one cares about themselves, their family the next generation. The time is now. The only solution is to change the social system and that mission of TZM continues unabated.
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