David Korten Quotes

• We should be moving toward local currencies not global or European currencies.

  David Korten

• Wall Street sees a social fabric or social contract as inefficiencies, which need to be removed.

  David Korten

• There is no visible sign that the current politicians in the US are willing to see the need for change.

  David Korten

• There is a huge shift taking place in the global awareness in the last 5 years with strong views about globalization and the power structures of major corporations.

  David Korten

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

  David Korten

• The professional study of economics has become ideological brainwashing. It is a defense of the excesses of the capitalist system.

  David Korten

• 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.

  David Korten

• The EU will face problems similar to the US: an increasing gap between the citizens and decision makers in Brussels and a perceived or even real lack of democracy.

  David Korten

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

  David Korten

• 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

• 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.

  David Korten

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

  David Korten

• Moreover, statistics can be deceiving: the growth of jobs in the US in the 90s was due to many part-time jobs, with no benefits and generally low pay.

  David Korten

• More humane societies are usually smaller, like the Scandinavian countries and Holland, where it is much easier to reach consensus and cooperation.

  David Korten

• 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.

  David Korten

• Money is not wealth. Money is a claim on wealth.

  David Korten

• Money is a mechanism for control.

  David Korten

• 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.

  David Korten

• It will take some time before a politician will capture the imagination of the American people and have the vision and understanding to do what is necessary for a better future for the people of America and the world.

  David Korten

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

  David Korten

David Korten (34)

Birth:	1937
Nationality:	American
Profession:	Activist, Author, Environmentalist, Professor

About

David C. Korten was born in Longview, Washington. He is an American author, former professor of the Harvard Business School and political activist. His best-known publication is, When Corporations Rule the World. He received a master of business administration and Ph.D. from the Stanford University Graduate School of Business. Korten's 2006 book The Great Turning: From Empire to Earth Community argues that the development of empires about 5,000 years ago, initiated unequal distribution of power and social benefits to the small portion of the population they controlled.

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Today's Anniversary - 26th March

Births

• 1933 - Vine Deloria Jr
• 1911 - Tennessee Williams
• 1949 - Vicki Lawrence
• 1941 - Richard Dawkins
• 1904 - Joseph Campbell

Deaths

• 1959 - Raymond Chandler
• 1923 - Sarah Bernhardt
• 1943 - Ben Lindsey
• 1838 - William Henry Ashley
• 2002 - Randy Castillo