Is this madness or revelatory?

I've come across an outfit called The Venus Project and it its activist arm The Zeitgeist Movement. It's a bit hard to say whether their ideas are hare brained idealistic lunacy or a workable whilst radical model for society.

Certainly some of the building blocks of their argument are undisputable and/or extremely appealing. For example, we only have the resources of the planet to sustain humanity. I think this is undisputable. They add that the amount of money that there is is irrelevant and it is created or destroyed at will.

They say that the planet can produce enough food for everyone (which I assume is true) but that not everyone has enough money to buy the food they need (plainly true). They place great faith in science and technology over politics, charity and religion.

They are truly internationalist (we're all fellow humans on one shared planet). Some of the futuristic stuff (maglev trains going at 4000 mph, for example) is a bit less plausible but they point out how much resource both physical and intellectual has gone into war and destruction, saying it should be spent on making things better - "weapons of mass creation" and how much stuff is made not to last, which is very wasteful.

The root cause of the world's problems is the monetary system, which is obsolete, they argue, and we can do without it. I promise you it makes a very thought provoking read.