David Korten
David Korten
David C. Kortenis an American author, former professor of the Harvard Business School, political activist, prominent critic of corporate globalization, and "by training and inclination a student of psychology and behavioral systems". His best-known publication is, When Corporations Rule the World. In 2011, he was named an Utne Reader visionary...
NationalityAmerican
ProfessionActivist
CountryUnited States of America
american-activist cost experience faster housing increased people third
My own experience in the third world was that even if people started to make more money, the cost of living and housing increased often faster than the wages.
american-activist believe prediction scenario
If I would need to make a prediction I still believe Kaplan's scenario is very plausible.
american-activist consuming flows means money monstrous
Money flows into the US, and inflates US assets, and allows the US to have a monstrous trade deficit. That means we are consuming more than we are producing.
american-activist among change concerned health quality taking values
More and more surveys in the US are indicating a change in values taking place among consumers, who become more concerned about quality of life, food, health and the environment.
basic contrary global market performing principles
And each of these perspectives comes to the same conclusion, which is that our global economy is out of control and performing contrary to basic principles of market economics.
american-activist claim
My claim is that we do not have a market economy, but a capitalist economy.
american-activist asians excesses latin street wall
What I would tell the Europeans, but also the Asians and the Latin Americans, is: keep the excesses of Wall Street out of your system.
american-activist bankers claims fact productive taking traders wealth
The fact is that these bankers and traders are taking claims of wealth out of the system; they are not doing any productive work.
principles degrees cost
The first principle of the market economy is that it is comprised of many small buyers and sellers, which implies a substantial degree of equity. Another fundamental market principle is that costs are internalized in the producer's price.
democracy humans corporate
We can have democracy and a prosperous, just, and sustainable human future. Or we can have corporate rule. We cannot have both.
loser winner economy
So, there is enormous instability in the global economy with a shift of winners and losers.
years wages lasts
If you look at the US economy over the last 15-20 years wages have been stagnating or even declining.
strong rights fabric
Europeans say they are proud of their social fabric, of strong rights for workers and the weak in society.
principles economics economy
Our global economy is out of control and performing contrary to basic principles of market economics.