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.

He returned to the US in 1992 and has assisted in raising public consciousness of the political and institutional consequences of economic globalization and the expansion of corporate power at the expense of democracy equity and environmental protection. He also argues that corporations are modern versions of empire both being social organizations based on hierarchies chauvinism and domination through violence. David C.

David C. Korten (born 1937) is an American economist author and 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".