David Korten Quotes & Sayings (Page 2)

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

“Money is not wealth. Money is a claim on wealth.”

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

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

“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.”

“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.”

“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.”

“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.”

“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.”

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