There was a time in the United States when most of our financial institutions were local. Which essentially meant that local communities were able to create their own credit, or their own money, in response to their own needs. We still depended on banks, but it was a much more democratic process.
David KortenThe professional study of economics has become ideological brainwashing. It is a defense of the excesses of the capitalist system.
David KortenIn the US, most progressives start to see the differences between internationalism and economic globalization.
David KortenCapitalism and the market are presented as synonymous, but they are not. Capitalism is both the enemy of the market and democracy.
David KortenThere is a huge shift taking place in the global awareness in the last 5 years with strong views about globalization and the power structures of major corporations.
David KortenLiving capital, which has the special capacity to continuously regenerate itself, is ultimately the source of all real wealth. To destroy it for money, a simple number with no intrinsic value, is an act of collective insanity - which makes capitalism a mental, as well as physical pathology.
David KortenTo create a world in which life can flourish and prosper we must replace the values and institutions of capitalism with values and institutions that honor life, serve life's needs, and restore money to its proper role as servant. I believe we are in fact being called to take a step to a new level of species consciousness and function.
David Korten