#ono

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

I must therefore implore your indulgence for a pretty long and plain development of my views concerning that cause which the citizens of New York, and you particularly, gentlemen, honour with generous interest. ↗

— Lajos Kossuth

#citizens #concerning #development #generous #gentlemen

Aesthetically, we were enormously successful. Economically... there was no success. It was all about music of the future and unfortunately it was a band that didn't have any future. ↗

— Wayne Kramer

#aesthetically #any #band #economically #enormously

I was an economics major in college, and every summer after school, I would drive my car from California, from Claremont men's college at the time, to New York. And I worked on Wall Street. ↗

— Henry Kravis

#california #car #college #drive #economics