David Korten's Blog
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David Korten is co-founder and board chair of YES! Magazine and author of Agenda for a New Economy, The Great Turning, and When Corporations Rule the World.
Bankers, Bookies, and Gamblers
What is the proper role and social function of a bank? The answer starts with getting the question right.
10 Common Sense Principles for a New Economy
It’s time we the people declare our independence from the money-favoring Wall Street economy.
A Tale of Two Economies
David Korten wants your help planning the narration for a new video about our economic choices: Wall Street's phantom wealth vs. the real wealth of a Main Street economy.
Lighting the Way to a New Economy
All across the United States and Canada people are rebuilding their local economies to restore community and regain control of their economic lives. How do these local efforts add up to global economic transformation? I delivered this keynote address to the Business Alliance for Local Living Economies (BALLE) in Charleston, NC on May 22, 2010 on the theme "Lighting the Way to a New Economy."
Debt vs. Localization: Climate Justice in the New Economy
David Korten: Where does the concept of “climate debt” fit into a New Economy framework?
Jobs, Not Handouts
David Korten: Wall Street's plunge shows what's wrong with phantom wealth. Why support that system when we could be creating jobs in the real economy?
David Korten on His Work and Mission
YES! Magazine board chair David Korten speaks about his life’s work, and what drew him to become involved with YES! Magazine.
Fix the Economy, Not Wall Street
Would-be Wall Street regulators aren't asking the right question: How do we create a financial services sector that directs money where it is actually needed?
Education for the New Economy
Instead of preparing students for outdated jobs, how can we teach them to build a better world?
When Our Leaders Fail to Lead
We have to make them. What David Korten learned from his experiences during the Vietnam War.
The Economics of Peace
On October 19, I spoke to the Praxis Peace Institute's Economics of Peace Conference in Sonoma, California. You can read my remarks here.
Why This Crisis May Be Our Best Chance to Build a New Economy
Wall Street is bankrupt. Instead of trying to save it, we can build a new economy that puts money and business in the service of people and the planet—not the other way around.
Too Big to Fail is Too Big
Major responsibility for the financial collapse rests with the deregulation process that allowed for the consolidation of banking power in the hands of Wall Street. Reversing that process should be an immediate priority.
The Speech President Obama Should Deliver. . . But Won't
Agenda for a New Economy: From Phantom Wealth to Real Wealth outlines an agenda to bring into being a new economy—locally based, community oriented, and devoted to creating a better life for all, not simply increasing profits.
Don't Fix Wall Street, Replace It
Trying to solve this crisis with the same tools that created it is the definition of insanity.
Whose Bailout? Put Main Street Before Wall Street
Main Street is the world of local businesses and working people engaged in producing and exchanging real goods and services—a world of real wealth. Wall Street as it now exists is a world of pure money in which the sole game is to use money to make money for people who have money.
We Are Hard-Wired to Care and Connect
The good news: The changes we must make to avoid ultimate collapse are identical to the changes we must make to create the world of our common dream.
Smart Security and the End of War
We humans have arrived at a defining moment. We must bring ourselves into balance with one another and Earth or suffer the consequences of social and environmental collapse. It creates a unique opportunity for bold action to end war as an instrument of foreign policy, dismantle the military establishment, and create a world that works for all.
