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, November 03, 2010
Missing: A Vision of Economic Possibility
It is now the morning after. Republicans, as expected, are celebrating a sweeping victory. Democrats are licking their wounds. Meanwhile, record numbers of people are still contending with the hardships of unemployment and foreclosure with no relief in sight.
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Saturday, September 04, 2010
Bankers, Bookies, and Gamblers
As they say, to get the right answer you have to ask the right question. I'm stunned by how often news reports on Wall Street ask the wrong question, as do our politicians. The August 26, 2010, New York Times front page story "Despite Reform, Banks Have Room for Risky Deals" is a case in point.
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Sunday, August 15, 2010
10 Common Sense Principles for a New Economy
I find hope in the fact that millions of people the world over are seeing through the moral and practical fallacies underlying the Wall Street economy and—by contributing to the creation of a New Economy —are taking charge of their economic lives. Here are ten common sense principles to frame the...
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Saturday, June 26, 2010
The Big Picture: 5 Ways to Know if You’re Making a Difference
David Korten's newly revised and greatly expanded 2nd edition of Agenda for a New Economy: From Phantom Wealth to Real Wealth , outlines an agenda to create a new kind of economy: locally-based, community oriented, and devoted to creating a better life for all. In this special pre-publication excerpt Korten explains how to tell if your actions are helping to build the new economy that "must be lived into being from the bottom up." For the
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Thursday, May 13, 2010
Debt vs. Localization: Climate Justice in the New Economy
As the climate changes, the consequences for poor people in low-income countries-those who have had no part in the profligate consumption that created the problem-will be particularly devastating. This fact is bringing climate justice to the fore of the agenda for many progressive groups that deal...
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Thursday, April 29, 2010
Both Parties Deaf to This Call: 'Fix the Economy, Not Wall Street'
Financial reform is the Congressional political issue of the month. Democrats say their bill will place essential controls on Wall Street to prevent abuse and a repeat of the financial crash. Republicans say it will encourage further Wall Street risk-taking by giving the big banks a guarantee of a future taxpayer bailout if reckless decisions trigger another financial crash.
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Saturday, October 31, 2009
Path to a Peace Economy
My subject tonight is the Path to a Peace Economy, based on ideas elaborated in my most recent book, Agenda for a New Economy , and the New Economy issue of YES! Magazine .
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Thursday, September 17, 2009
Who Really Crashed the Economy?
Mobs disrupt town meetings . Glenn Beck amplifies a careless remark by a mid-level White House staff member into a threat of a national communist takeover. The right wing spin machine creates a parent revolt over a presidential pep talk to students urging them to study hard and stay in school.
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Saturday, June 06, 2009
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. Whether it was divine providence or just good luck, we should give thanks that financial collapse hit us before the worst of global warming and peak oil .
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Thursday, March 19, 2009
Too Big to Fail is Too Big
In a September 22, 2008 interview with Amy Goodman on Democracy Now!, Senator Bernie Sanders famously said that if a bank "is too big to fail, it probably is too big to exist." That should be a watchword slogan of any effort to fix the financial system. 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. Before Wall Street there was Main Street
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