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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.


David Korten


#basic principles #comes #conclusion #contrary #control

I don't want to be put on a pedestal. I want to be known as a nice and normal person, but my skills are a little more excelled.


Misty May-Treanor


#i #known #little #more #nice

Have you ever looked for the root of production? Take a look at an electric generator and dare tell yourself that it was created by the muscular effort of unthinking brutes. Try to grow a seed of wheat without the knowledge left to you by men who had to discover it for the first time. Try to obtain your food by means of nothing but physical motions--and you'll learn that man's mind is the root of all the goods produced and of all the wealth that has ever existed on earth.


Ayn Rand


#philosophy #production #wealth #food

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

Capitalism is not about free competitive choices among people who are reasonably equal in their buying and selling of economic power, it is about concentrating capital, concentrating economic power in very few hands using that power to trash everyone who gets in their way.


David Korten


#among #buying #capital #capitalism #choices

In the US, most progressives start to see the differences between internationalism and economic globalization.


David Korten


#differences #economic #globalization #internationalism #most

It is interesting to note that the 200 richest people have more assets than the 2 billion poorest.


David Korten


#billion #interesting #more #note #people

My claim is that we do not have a market economy, but a capitalist economy.


David Korten


#claim #economy #market #market economy

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.


David Korten


#communities #connection #covered #currencies #economy

So, there is enormous instability in the global economy with a shift of winners and losers.


David Korten


#enormous #global #global economy #instability #losers






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