David Korten

David Korten

Dr. David Korten is the author of Agenda for a New Economy, The Great Turning: From Empire to Earth Community, and the international best seller When Corporations Rule the World. He is board chair of YES! Magazine, co-chair of the New Economy Working Group, a founding board member of the Business Alliance for Local Living Economies, president of the Living Economies Forum, and a member of the Club of Rome. He holds MBA and PhD degrees from the Stanford University Graduate School of Business and served on the faculty of the Harvard Business School.

Articles by this author

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Tuesday, April 03, 2012
When Bankers Rule the World
The tell-all defection of Greg Smith , a former Goldman Sachs executive, provided an insider’s view of the moral corruption of the Wall Street banks that control of much of America’s economy and politics.
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Sunday, February 05, 2012
Beyond the Bubble Economy
Public anger at the 2008 Wall Street bailout, concerns about debt, and a deep and pervasive fear that another financial crash is just a matter of time create an important moment of opportunity for a long overdue public conversation about the purpose of financial services and the necessary steps to assure that the financial sector fulfills that purpose.
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Wednesday, October 05, 2011
Why I'm in Solidarity with #OccupyWallStreet
At this moment the brave and dedicated #OccupyWallStreet protesters are in the streets of New York and cities around the world. They call the world’s attention to Wall Street greed and corruption as a common source of the many crises that threaten the human future—economic, political, social, and environmental. This is a defining moment for America. It is our country’s version of the uprisings occurring around the world. It is a ray of hope for democracy and real prosperity in America and beyond.
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Thursday, September 08, 2011
The Path to Real Prosperity
Like most white middle class Americans of my generation, I grew up believing that our strong market economy and democratic political institutions make us the world's greatest and most prosperous nation. The America of my youth was the product of a strong social contract that said we are all in this together—at least the white folks—and we all do best when we all do well. That contract made America the envy of the world.
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Tuesday, July 26, 2011
Getting Main Street to Call the Shots
Thanks to massive bailout funding from the Federal Reserve and U.S. Treasury, Wall Street survived the financial crash it created. This year, its titans are enjoying record share prices, corporate profits, and executive bonuses. The financial assets of America's billionaires and the idle cash reserves of the most profitable corporations are at historic highs.
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Tuesday, July 19, 2011
How to Liberate America from Wall Street Rule
The dominant story of the current political debate is that the government is broke. We can’t afford to pay for public services, put people to work, or service the public debt. Yet as a nation, we are awash in money. A defective system of money, banking, and finance just puts it in the wrong places.
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Tuesday, July 12, 2011
The Story of a New Economy
Some years ago the Filipino activist-philosopher Nicanor Perlas shared an insight with me that has since been a foundation of my work. Each of the three institutional sectors—business, government, and civil society—has its distinctive power competence. Business commands the power of money...
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Wednesday, June 01, 2011
But What About My 401(k)?
The first reaction of most people to the call to shut down Wall Street is one of jubilant enthusiasm.
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Wednesday, May 25, 2011
7 Ways to Stop Wall Street's Con Game
Wikipedia defines a “confidence trick” as “an attempt to defraud a person or group by gaining their confidence. The victim is known as the mark, the trickster is called a confidence man, con man, confidence trickster, or con artist, and any accomplices are known as shills.
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Thursday, May 19, 2011
Living Buildings, Living Economies, and a Living Future
At a recent conference, I saw the potential for blending two of the most exciting emerging movements of our time—the living building and the living economies movements.
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