As an economy measures performance in terms of the creation of money, people become a major source of inefficiency.
David KortenWe can have democracy and a prosperous, just, and sustainable human future. Or we can have corporate rule. We cannot have both.
David KortenThere 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 KortenMoreover, 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.
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 Korten