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David Korten Quotes


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Quotes by David Korten

Showing 11-20 of 32 Quotes by David Korten

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

~David Korten

Topics: Economy Enormous Global Global Economy Instability Losers Shift Winners

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If you look internationally over the last 50 years there have been improvements in the third world, but in the last 20 years the reverse has happened, with debt crises and increased poverty.

~David Korten

Topics: Been Crises Debt Happened Increased Internationally Last Look Over Poverty Reverse Third Third World World Years You

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Moreover, statistics can be deceiving: the growth of jobs in the US in the 90s was due to many part-time jobs, with no benefits and generally low pay.

~David Korten

Topics: Benefits Deceiving Due Generally Growth Jobs Low Many Moreover Part-Time Pay Statistics Us

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If you look at the US economy over the last 15-20 years wages have been stagnating or even declining.

~David Korten

Topics: Been Declining Economy Even Last Look Over Us Wages Years You

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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

Topics: Cost Even Experience Faster Housing Increased Living Make Money More My Own Often Own People Started Than Third Third World Wages World

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Money flows into the US, and inflates US assets, and allows the US to have a monstrous trade deficit. That means we are consuming more than we are producing.

~David Korten

Topics: Assets Consuming Deficit Flows Means Money Monstrous More Producing Than Trade Us

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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

Topics: Able Been Companies Downsizing Globalization In The Past Increase Other Past People Profits Resources Through Us

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Money is not wealth. Money is a claim on wealth.

~David Korten

Topics: Claim Money Wealth

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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

Topics: Also Decent Economy Everybody Extent Living Means Providing Radical Take Test View Which

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

~David Korten

Topics: Become Capitalist Defense Economics Excess Ideological Professional Study System

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Biography

Nationality: American

Type: Activist

Born: Unknown

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