David Korten

My own experience in the third world was that even if people started to make more money, the cost of living and housing increased often faster than the wages. ↗

— David Korten

#even #experience #faster #housing #increased

So, there is enormous instability in the global economy with a shift of winners and losers. ↗

— David Korten

#enormous #global #global economy #instability #losers

The EU will face problems similar to the US: an increasing gap between the citizens and decision makers in Brussels and a perceived or even real lack of democracy. ↗

— David Korten

#brussels #citizens #decision #democracy #eu

The professional study of economics has become ideological brainwashing. It is a defense of the excesses of the capitalist system. ↗

— David Korten

#brainwashing #capitalist #defense #economics #excesses

There 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 Korten

#awareness #corporations #global #globalization #huge

There is no visible sign that the current politicians in the US are willing to see the need for change. ↗

— David Korten

#current #need #politicians #see #sign

Wall Street sees a social fabric or social contract as inefficiencies, which need to be removed. ↗

— David Korten

#fabric #need #removed #sees #social

We should be moving toward local currencies not global or European currencies. ↗

— David Korten

#european #global #local #moving #should