TEDxPannonia 2011 – Prof. Franz Hörmann – Society 2.0 – Entering a World Without Money – YouTube

TEDxPannonia 2011 – Prof. Franz Hörmann – Society 2.0 – Entering a World Without Money – YouTube.

Seems like the most interesting TED talks are denied exposure on the main TED hub (the so-called ‘banned’ talks).

In this video, Franz Hörmann, an associate professor at the Institute for Auditing, Trust and Accounting of the Vienna University of Economics, discusses in layman’s terms the problem with our currently implemented and worshipped monetary system that governs our lives – and poses an alternative for the future that he calls ‘Society 2.0’, which revolves around a cloud economy operating through social networks in which the definition of money is reinterpreted as “an interface between the individual and society”.

Interesting stuff. As for the value of services (particularly, in our case, the arts), I’d be interested to see how one could exchange Phat Grooves for a Fat Lunch. We’ll see. 😀

For more banned TED talks, check out this post from the High Existence blog.

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