If you look at the US economy over the last 15-20 years wages have been stagnating or even declining.
quote by David Korten
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There is no visible sign that the current politicians in the US are willing to see the need for change.
quote by David Korten
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Europeans say they are proud of their social fabric, of strong rights for workers and the weak in society.
quote by David Korten
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In the US, most progressives start to see the differences between internationalism and economic globalization.
quote by David Korten
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The professional study of economics has become ideological brainwashing. It is a defense of the excesses of the capitalist system.
quote by David Korten
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Capitalism and the market are presented as synonymous, but they are not. Capitalism is both the enemy of the market and democracy.
quote by David Korten
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More humane societies are usually smaller, like the Scandinavian countries and Holland, where it is much easier to reach consensus and cooperation.
quote by David Korten
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Moreover, statistics can be deceiving: the growth of jobs in the US in the 90s was due to many part-time jobs, with no benefits and generally low pay.
quote by David Korten
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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.
quote by David Korten
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Money flows into the US, and inflates US assets, and allows the US to have a monstrous trade deficit. That means we are consuming more than we are producing.
quote by David Korten
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