David Korten's Blog
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.
Our current economic choice is not between capitalism and communism. It is between locally accountable Main Street markets and Wall Street central planning by predatory global financiers.
Is using debt to create money a bad idea? It depends on where the money goes.
Through their accounting slight of hand, Wall Street illusionists convince even themselves that they are enriching society rather than preying on it.
Why is our economic system consigning billions of people to degrading poverty, destroying Earth's ecosystem, and tearing up the social fabric of civilized community?
Unraveling the confusion behind microcredit: how some models help alleviate poverty, while others exploit the poor to make the rich richer.
Liberation from subservience to Wall Street begins with a recognition that money is just a number of no intrinsic value.
How I came to challenge the economic theories and institutions I once served.
Deep change begins with a vision of possibility.
This election showed us that neither of our two major parties has a credible vision for our economic future. And that’s why this is a moment of opportunity.
What is the proper role and social function of a bank? The answer starts with getting the question right.
It’s time we the people declare our independence from the money-favoring Wall Street economy.
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.
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."
David Korten: Where does the concept of “climate debt” fit into a New Economy framework?
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?
YES! Magazine board chair David Korten speaks about his life’s work, and what drew him to become involved with YES! Magazine.
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?
Instead of preparing students for outdated jobs, how can we teach them to build a better world?
We have to make them. What David Korten learned from his experiences during the Vietnam War.