We should be moving toward local currencies not global or European currencies. Download Download Share on Facebook Share on Twitter Rotate quotes currency european global
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 buycapitalcapitalism share on social
So, there is enormous instability in the global economy with a shift of winners and losers. David Korten economyenormousglobal Change image and share on social
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 colonizecompanydownsize Change image and share on social
My perspective is cultural and world-based. It's always been a global perspective. Taj Mahal baseculturalglobal Change image and share on social
We feel no isolation. But, having said that, I want to emphasise in particular that we do not want to go to extremes and abandon the European and American directions in our foreign economic cooperation. Sergei Lavrov abandonamericancooperation share on social
China needs a currency that reflects underlying economic fundamentals. Henry Paulson chinacurrencyeconomic Change image and share on social