Silvio Gesell: Beyond Capitalism vs. Socialism? - Session 8

This course will examine how Gesell’s life experiences led him to a unique understanding of the creation and distribution of wealth. He concluded that the central idea of the free-market system is theoretically sound. However, it has never been properly implemented due to two fundamental flaws - an irrational form of money and the private ownership of land. Gesell’s simple yet radical analysis explains how these two factors are the primary causes of poverty, wealth inequality, economic instability, and a “growth imperative” that is at odds with the laws of nature.
The instructor, Josh Sidman studied economics and Japanese language at Union College in Schenectady, NY. Following graduation he went to work on Wall Street, first as a financial analyst at Goldman Sachs in New York, and then as a Japanese equity derivatives trader at Morgan Stanley in London and Tokyo. Josh is the founder and director of the Silvio Gesell Foundation, a Tennessee-based organization dedicated to promoting the theories and proposals of Silvio Gesell.

[@DaveHarmon-zm8tn]

Josh, thank you so much for this series. I am a layman that has struggled with the Capitalism vs Socialism dilemma for quite a while. Silvio Gesell’s ideas seem to hold the best answer to the many issues humanity currently faces. Unfortunately I agree with your guest, that we are headed for a hard crash. However, if Gessell’s ideas are put into practice on small scales, many places simultaneously, we will be in a better position to recover from the breakdown of the current, failed capitalist system.