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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Wednesday, April 06, 2011
Greed is Not a Virtue
This is the fourteenth of a series of blogs based on excerpts adapted from the 2nd edition of Agenda for a New Economy: From Phantom Wealth to Real Wealth . I wrote Agenda to spur a national conversation on economic policy issues and options that are otherwise largely ignored.
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Tuesday, March 29, 2011
The End of Empire
In an earlier day, our rulers were kings and emperors. Now they are corporate CEOs and hedge fund managers. Wall Street is Empire’s most recent stage. Its reign will mark the end of the tragic drama of a 5,000 year Era of Empire.
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Tuesday, March 22, 2011
Our Growth Economy: A System Designed to Crash
The unrealistic expectation that money should grow effortlessly in perpetuity [see my last blog ] is more than an issue of unrealizable expectations.
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Tuesday, March 08, 2011
From Buccaneers to Profiteers: On the Origin of Corporations
Like many Americans, I grew up believing that conservative values were about local control and personal responsibility for family, community, and nature. It seemed curious to me that the political alliance that drove a rollback of the Roosevelt-era policies that created the American middle class called itself conservative and dismissed its liberal opponents as un-American.
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Wednesday, March 02, 2011
War Against the Middle Class
As did most Americans of my generation, I grew up in the post-World War II years believing that America was defined by a strong middle class supported by a durable bipartisan political consensus.
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Wednesday, February 16, 2011
A Real-Market Alternative
In America we are taught from birth that capitalism is synonymous with markets, democracy, and individual liberty. Whatever its flaws, the only alternative is communism, or so we are told. This sets up a false and dangerously self-limiting choice between two economic models both of which create concentrations of power that stifle liberty and creativity for all but the few at the top.
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Tuesday, January 25, 2011
System Failure? Look Upstream
Many years ago a wise Canadian colleague, Tim Brodhead, explained to me why most efforts to end poverty fail. "They stop at treating the symptoms of poverty, such as hunger and poor health, with food programs and clinics." They never ask the obvious question: "Why do a few people enjoy effortless abundance, while billions of others who work far harder experience extreme deprivation?"
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Sunday, January 23, 2011
The Illusion of Money
In business school, we were taught to assess investment options to maximize financial return. I don't recall that the professor ever mentioned that this meant maximizing returns to people who have money-to make rich people richer. Or that money is a system of power and that the more our lives depend on money, the greater our subservience to those who control the creation and allocation of money.
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Thursday, January 20, 2011
Microcredit: 
The Good, the Bad, and the Ugly
For more than twenty years, microcredit has been widely heralded as the remedy for world poverty. Recent news stories, however, have sullied microcredit’s glowing reputation with reports on scandals, exorbitant compensation to managers, skyrocketing interest rates, and aggressive marketing schemes.
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Thursday, January 06, 2011
The Missing Vision for a New Economy
This is the first of a series of blogs based on excerpts adapted from the 2nd edition of Agenda for a New Economy: From Phantom Wealth to Real Wealth . I wrote Agenda to spur a national conversation on economic policy issues and options that are otherwise largely ignored. This blog series is...
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