David Korten Quotes
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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.
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In the 1980s capitalism triumphed over communism. In the 1990s it triumphed over democracy and the market economy.
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In its literal meaning, capitalism means rule by capital, more specifically rule by the owners of capital for their exclusive private benefit.
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For those of us who grew up believing that capitalism is the foundation of democracy and market freedom, it has been a rude awakening to realize that under capitalism, democracy is for sale to the highest bidder and the market is centrally planned by global megacorporations larger than most states.
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Not exclusively, but the bulk of our local economy should be covered by local currencies, which is more efficient than having global currencies which lose connection with reality in the markets, shops and communities of the people.
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So, there is enormous instability in the global economy with a shift of winners and losers.
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Television has already been wholly colonized by corporate interests, which are now laying claim to our schools. The goal is not simply to sell products and strengthen the consumer culture. It is also to create a political culture that equates the corporate interest with the human interest in the public mind.
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The professional study of economics has become ideological brainwashing. It is a defense of the excesses of the capitalist system.
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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.
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There is no visible sign that the current politicians in the US are willing to see the need for change.
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If I would need to make a prediction I still believe Kaplan's scenario is very plausible.
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For all the advances of modern societies, traditional tribal communities may have better served the essential needs of people for emotional support, nutrition, and exercise than does contemporary society. We don’t need to return to the ways of our ancestors, but we do need to learn from them.
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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.