#ali

I think the older I get, the more I realize that the ultimate luxury is time. ↗

— Michael Kors

#i #i think #luxury #more #older

Capitalism and the market are presented as synonymous, but they are not. Capitalism is both the enemy of the market and democracy. ↗

— David Korten

#capitalism #democracy #enemy #market #presented

But in the past, US companies have been able to increase their profits through downsizing in the US, through colonizing other people's resources, and through the increase of globalization. ↗

— David Korten

#been #companies #downsizing #globalization #in the past

Capitalism is not about free competitive choices among people who are reasonably equal in their buying and selling of economic power, it is about concentrating capital, concentrating economic power in very few hands using that power to trash everyone who gets in their way. ↗

— David Korten

#among #buying #capital #capitalism #choices

In a world of increasing inequality, the legitimacy of institutions that give precedence to the property rights of "the Haves" over the human rights of "the Have Nots" is inevitably called into serious question. ↗

— David Korten

#give #human #human rights #increasing #inequality

In the US, most progressives start to see the differences between internationalism and economic globalization. ↗

— David Korten

#differences #economic #globalization #internationalism #most

More and more surveys in the US are indicating a change in values taking place among consumers, who become more concerned about quality of life, food, health and the environment. ↗

— David Korten

#among #become #change #concerned #consumers

My claim is that we do not have a market economy, but a capitalist economy. ↗

— David Korten

#claim #economy #market #market economy

Not exclusively, but the bulk of our local economy should be covered by local currencies, which is more efficient than having global currencies which lose connection with reality in the markets, shops and communities of the people. ↗

— David Korten

#communities #connection #covered #currencies #economy

The first principle of the market economy is that it is comprised of many small buyers and sellers, which implies a substantial degree of equity. Another fundamental market principle is that costs are internalized in the producer's price. ↗

— David Korten

#buyers #comprised #costs #degree #economy