Wall Street sees a social fabric or social contract as inefficiencies, which need to be removed.
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 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 KortenThe professional study of economics has become ideological brainwashing. It is a defense of the excesses of the capitalist system.
David KortenTo achieve true sustainability, we must reduce our "garbage index" - that which we permanently throw away into the environment that will not be naturally recycled for reuse - to near zero. Productive activities must be organized as closed systems. Minerals and other nonbiodegradable resources, once taken from the ground, must become a part of society's permanent capital stock and be recycled in perpetuity. Organic materials may be disposed into the natural ecosystems, but only in ways that assure that they are absorbed back into the natural production system.
David Korten