This is a very interesting animated short. The track was recorded in 1969 by Jerry Levitan when he was 14. 38 years later he collaborated with some illustrators to make this short. As a result it was nominated for an Academy Award in 2008 and it won an Emmy in 2009.
Clearly a popular animation and I suspect it was created in After Effects. Pretty much like a kinetic type animation only with a lot more image. It works extremely well and it has obviously been designed to a professional standard.