I got tired of listening to the presentation and never found out what system is being proposed to solve the problem.
Did anyone listen long enough to get to a description of the proposed system? I am guessing that it is some variation on a world government which either owns or controls everything & is perhaps the only employer (or at least controls how much each person is paid). I wonder if it is some variant of Fabian Socialism.
It makes me think that my crackpot analysis is applicable to this movement. When Einstein, Bohr, Newton, et cetera presented their ideas, they did not spend a lot of effort describing what was wrong with existing science. They presented their concepts and reasons supporting their notions.
One quick method of recognizing a crackpot is to compare the amount of effort spent knocking the current establishment compared to the amount of effort spent presenting new ideas.
BTW: The post relating to planned obsolescence was very good. My first computer had two diskettes, no hard disk, 640K of usable memory, & a less than 5KHz CPU. My next system had a 20MB hard disk and I think a 12KHz (Kilo Hertz, not Mega Hertz) CPU. I am glad I no longer have either of those systems. I remember a comment by some Auto executive about a car which would run maintenance free for 20 plus years.
You can get such a car. It is called a Rolls Royce for about 100,000 dollars, while a Chevrolet costs 2500.
The bit about scarcity increasing price & profits failed to mention that increasing price increases profit per unit sold, not necessarily total profit which is the real name of the game.
I have applications (WordPerfect, MathCad, & others) which would have cost me 100,000 or more each in the era when there were only mainframes (those mainframe programs were not close to as good as my current applications). How many copies of Windows XP do you think Microsoft would be able to sell at say $2500 each? How many systems would Dell be able to sell at $50,000 each? I would bet that those companies would make far less total profit at those prices.