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David Korten

"But we can also take the radical view that the test of an economy has to do with the extent to which it is providing everybody with a decent means of living."

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"But we can also take the radical view that the test of an economy has to do with the extent to which it is providing everybody with a decent means of living."

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Assegid Habtewold

"Employment is the biggest form of slavery."

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Personal Development

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Assegid Habtewold

"But a rise in the wages of labour would not equally affect commodities produced with machinery quickly consumed, and commodities produced with machinery slowly consumed."

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Personal Development

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Assegid Habtewold

"The economic base of a nation, is the foundation of the it's secrets."

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Personal Development

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Assegid Habtewold

"I don't know where the stock market is going, but I will say this, that if it continues higher, this will do more to stimulate the economy than anything we've been talking about today or anything anybody else was talking about."

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Personal Development

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Assegid Habtewold

"A farmer is a magician who produces money from the mud."

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Personal Development

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Assegid Habtewold

"Because of the power that we have given money: The government would rather have taxpayers who do not vote, than voters who do not pay tax."

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Personal Development

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Assegid Habtewold

"In capitalist nation, all is decided by money."

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Personal Development

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Assegid Habtewold

"Not every single broke and unemployed person needs a job, some need customers."

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Personal Development

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Assegid Habtewold

"Civilization transformed man from a food gatherer to a gatherer of pieces of paper: diplomas, employment contracts, money, etc."

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Personal Development

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Assegid Habtewold

"India is poised to contribute as a new engine of global growth. A larger Indian economy has multiple benefits for the world. India presents a large and growing market. But India is much more than a market. India is a reliable partner; a source of high quality scientific, engineering and managerial talent."

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David Korten
"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."

Debt

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

Capitalism

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David Korten
"But we can also take the radical view that the test of an economy has to do with the extent to which it is providing everybody with a decent means of living."

Economy

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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."

Experience

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

Economy

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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."

People

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

People

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

Defence

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

Politics

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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."

Decision-Making

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