#ono

Because of what's going on with the economy, I think women are realizing that maybe they don't need a closet full of clothes. They just need the right clothes. ↗

— Michael Kors

#closet #clothes #economy #full #going

And each of these perspectives comes to the same conclusion, which is that our global economy is out of control and performing contrary to basic principles of market economics. ↗

— David Korten

#basic principles #comes #conclusion #contrary #control

But we can also take the radical view that the test of an economy has to do with the extent to which it is providing everybody with a decent means of living. ↗

— David Korten

#decent #economy #everybody #extent #living

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

— David Korten

#differences #economic #globalization #internationalism #most

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

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 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

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