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THE PROFIT PROBLEM - by Peter Joseph from The Zeitgeist Movement. The Venus Project On The Edge (VIDEO) Part 6 of 10.
By Admin (from 08/10/2010 @ 11:00:32, in en - Science and Society, read 1530 times)

... CONTINUES.

4) A propensity for “Establishments”. Very simply, established corporate/financial orders have a built in tendency to stop new, socially positive advents from coming to fruition, if there is a foreshadowed loss of market share, profit and hence power. It is important to consider the basic nature of a corporation and its inherent need for self perpetuation. If a person starts a company, hires employees, creates a market and becomes profitable, what has thus been created, in part, is the means for survival for a group of people. Since each person in that group typically becomes dependent on their organization for income, a natural, protectionist propensity is created whereas anything that threatens the institution thus threatens the well being of the group/individual. This is the fabric of a “competition” mindset. While people think of free market competition as a battle between two or more companies in a given industry, they often miss the other level - which is the competition against new advents which would make them obsolete, outright. The best way to expand on this point is to simply give an example, such as the US Government and 'Big Oil' collusion to limit the expansion of the fully Electric Car (EV) in the US. This issue was well presented and sourced in the documentary called "Who Killed the Electric Car?". The bottom line here is that the need to preserve an established order for the sake of the well being of those on the pay role, leads to an inherent tendency to stifle progress. A new technology which can make a prior technology obsolete will be met with resistance unless there is a way for the market system to adsorb it in a slow fashion, allowing for a transition for the corporations (IE - the perpetuation of "Hybrid" cars in the US, as opposed to the fully electric ones which could exist now, in abundance.) There are also large amounts of evidence that the FDA has engaged in favoritism/collusion with pharmaceutical companies, to limit/stop the availability of advanced drugs which would void existing/profitable ones.

In a sustainable society, there is nothing to hold back developmental/implementation of anything, once it has been tested thoroughly. There could be no “Established Institutions”. New methods would immediately be implemented into society, with no monetary institution to thwart the change due to their self-preserving nature.

TO BE CONTINUED ...

Author: Peter Joseph ; Source: The Zeitgeist Movement - Newsletter July 1st, 2010

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