Global competition is about winners and losers.
More Quotes from David Korten:
It is interesting to note that the 200 richest people have more assets than the 2 billion poorest.David Korten
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
So, there is enormous instability in the global economy with a shift of winners and losers.
David Korten
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
The fact is that these bankers and traders are taking claims of wealth out of the system they are not doing any productive work.
David Korten
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
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Where is the politician who has not promised to fight to the death for lower taxes- and who has not proceeded to vote for the very spending projects that make tax cuts impossible?
Barry Goldwater