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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."

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"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."

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"Some people bear three kinds of trouble - the ones they've had, the ones they have, and the ones they expect to have."

Explore more quotes by David Korten

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David Korten
"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."
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David Korten
"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."
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David Korten
"Europeans say they are proud of their social fabric, of strong rights for workers and the weak in society."
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David Korten
"Money is a mechanism for control."
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David Korten
"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."
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David Korten
"My claim is that we do not have a market economy, but a capitalist economy."
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David Korten
"If you look at the US economy over the last 15-20 years wages have been stagnating or even declining."
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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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David Korten
"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."
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David Korten
"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."
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