Phrase by 'David Korten'

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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.

Author: David Korten - American Activist
  People , Way , Hands , Power


Global competition is about winners and losers.

Author: David Korten - American Activist
  About , Competition , Winners , Global


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.

Author: David Korten - American Activist
  People , Reality , Lose , Connection


In a world of increasing inequality, the legitimacy of institutions that give precedence to the property rights of 'the Haves' over the human rights of 'the Have Nots' is inevitably called into serious question.

Author: David Korten - American Activist
  World , Serious , Human Rights , Inequality


Capitalism and the market are presented as synonymous, but they are not. Capitalism is both the enemy of the market and democracy.

Author: David Korten - American Activist
  Democracy , Capitalism , Enemy , Market


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.

Author: David Korten - American Activist
  First , Small , Price , Economy


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

Author: David Korten - American Activist
  Economy , Winners , Global , Losers


If you look internationally over the last 50 years there have been improvements in the third world, but in the last 20 years the reverse has happened, with debt crises and increased poverty.

Author: David Korten - American Activist
  You , Look , World , Poverty


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

Author: David Korten - American Activist
  See , Start , Differences , Globalization


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

Author: David Korten - American Activist
  Moving , Should , Local , Global


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