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 buyercomprisecost 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
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 americaamericancapture share on social
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
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 bulkcommunityconnection share on social
If I would need to make a prediction I still believe Kaplan's scenario is very plausible. David Korten kaplanmakeplausible Change image and share on social
If you look at the US economy over the last 15-20 years wages have been stagnating or even declining. David Korten declineeconomystagnate Change image and share on social
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 changeconcernconsumer Change image and share on social
It is interesting to note that the 200 richest people have more assets than the 2 billion poorest. David Korten assetbillioninterest Change image and share on social
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 brusselscitizendecision Change image and share on social
