"To be truly radical is to make hope possible, rather than despair convincing." - Raymond Williams

97% Owned – Director’s Cut

by Shaun Chamberlin on May 20th, 2012

Off the back of my recent post on Transition Money, this excellent new short film, 97% Owned, explains the privatised, debt-based money system we currently use. The one that allows UK banks to simply create around £200,000,000,000 (£200bn) a year and use it as they see fit – without any oversight – to shape the economy and control politics, causing crises, creating inflation and pushing house prices out of reach.

Most of us work for money, but these people are magicking it up and then using it to pay others to do whatever they please. How is this different from legalised slavery?

And we are the slaves. There are alternatives, and yet we continue accepting this system scam, largely because we have been tricked to believe that economics is complicated and *yawn* boring! And yes, I have to admit, what could be more boring than being able to create money from thin air..?

Watch and enjoy :)

(a full feature-length version of 97% Owned is also available)

  1.  vera says:
    24 May, 2012 at 1:25 am

    About time! This is totally excellent. Thanks Shaun!

  2.  Transition: Peak Money… « UKIAH BLOG says:
    24 May, 2012 at 2:02 pm

    [...] It was the late David Fleming who helped me find bedrock, explaining that underneath all the jargon and mystery, economics is fundamentally the discussion of who should work at what and for how long, and of how society’s resources should be distributed. He also noted that these are topics that we could reasonably expect most people to be interested in, and that we might thus start to wonder who framed the terms of the discussion in such a way that the majority lost interest, leaving profoundly misconceived systems in place to drain the true wealth that supports all our live…? [...]

  3.  Djdip says:
    3 June, 2012 at 8:54 pm

    I watched this documentary on another site. I would say that the first documentary highlighting this issue. Fabulous documentary

  4.  News from Shaun Chamberlin « New Era Network says:
    3 December, 2012 at 2:34 pm

    [...] rather than working frantically to earn ‘a living’ while paying off the debts incurred by a corrupt financial system, we are simply not being permitted to do [...]

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