David Korten

Capitalism and the market are presented as synonymous, but they are not. Capitalism is both the enemy of the market and democracy. ↗

— David Korten

#capitalism #democracy #enemy #market #presented

Global competition is about winners and losers. ↗

— David Korten

#competition #global #losers #winners

Money is a mechanism for control. ↗

— David Korten

#control #mechanism

There are actually very few US politicians who have integrity and vision. ↗

— David Korten

#few #integrity #politicians #us #very

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. ↗

— David Korten

#basic principles #comes #conclusion #contrary #control

But in the past, US companies have been able to increase their profits through downsizing in the US, through colonizing other people's resources, and through the increase of globalization. ↗

— David Korten

#been #companies #downsizing #globalization #in the past

But we can also take the radical view that the test of an economy has to do with the extent to which it is providing everybody with a decent means of living. ↗

— David Korten

#decent #economy #everybody #extent #living

Europeans say they are proud of their social fabric, of strong rights for workers and the weak in society. ↗

— David Korten

#fabric #proud #rights #say #social

If I would need to make a prediction I still believe Kaplan's scenario is very plausible. ↗

— David Korten

#i #make #need #plausible #prediction

As long as you have a system that is based on the rational that if you are making money you are thereby making a contribution to society, these financial rogue practices will continue. ↗

— David Korten

#continue #contribution #financial #long #making