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.
More Quotes from David Korten:
In the US, most progressives start to see the differences between internationalism and economic globalization.David Korten
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
So, there is enormous instability in the global economy with a shift of winners and losers.
David Korten
The EU will face problems similar to the US: an increasing gap between the citizens and decision makers in Brussels and a perceived or even real lack of democracy.
David Korten
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
Global competition is about winners and losers.
David Korten
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