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.
More Quotes from David Korten:
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
More humane societies are usually smaller, like the Scandinavian countries and Holland, where it is much easier to reach consensus and cooperation.
David Korten
We should be moving toward local currencies not global or European currencies.
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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.
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Wall Street sees a social fabric or social contract as inefficiencies, which need to be removed.
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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.
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Based on Topics: Past Quotes, Resource QuotesBased on Keywords: colonizing, downsizing
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