As an economy measures performance in terms of the creation of money, people become a major source of inefficiency.
David KortenOur global economy is out of control and performing contrary to basic principles of market economics.
David KortenWhen the institutions of money rule the world, it is perhaps inevitable that the interests of money will take precedence over the interests of people. What we are experiencing might best be described as a case of money colonizing life. To accept this absurd distortion of human institutions and purpose should be considered nothing less than an act of collective, suicidal insanity.
David KortenIf you look at the US economy over the last 15-20 years wages have been stagnating or even declining.
David KortenEntranced by promises of a material paradise of limitless luxury, humanity has too long ignored the mismatch between the imperatives of our existence as living beings on a finite planet and the imperatives of the institutions of money that chart our path to the future. Created to build colonial empires in service to kings, global corporations are ill suited to the task of building just, sustainable, and compassionate civil societies that nurture sufficiency, partnership, and respect for the whole of life.
David Korten