David Korten

A better world needs better economics

Science warns us that the 2020s will be humanity’s last opportunity to save itself from a climate catastrophe. Decisive action must begin this year. Climate change, however, is just one of the many crises telling us that business as usual is not an option. We must not delay action to create the world we actually want.

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You can’t put capitalism over sustainability—and other lessons from China

I just returned from a conference of influential decision-makers in China, where I presented on economics for an ecological civilization in the 21st century. China and the United States are very different, but when it comes to current threats and missed opportunities, we share a great deal more than we may realize.

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Here's why Capitalism vs Socialism is a false choice

Economic power is—and always has been—the foundation of political power. Those who control the peoples’ means of living rule.

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The great American myth: The founders of the US have the society they wanted — one that keeps people like them in power

We grow up in the United States proud of our nation’s historic role in leading humanity’s transition from monarchy to democracy. We rarely ask, however, whether the system we have truly fits the definition of democracy.

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How Bitcoin and Amazon Are Ravaging the Middle Class

As 2017 drew to an end, it was perhaps fitting that Congress chose to close out the year with the passage of a tax bill that does more to redistribute wealth to the already wealthy than any other piece of legislation since the Gilded Age.

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Mayor’s Unflinching Honesty About Confederate Monuments Gives Me Hope

I’ve rarely been so moved by a political speech. If you haven’t heard it, don’t miss it.

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With More Americans Going Far Left (And Right), an Anti-Corporate Agenda Takes Shape

A recently released study by four leading economists of voting in U.S. congressional races uncovered an important pattern. According to a New York Times report on the study, “Areas hardest hit by trade shocks were much more likely to move to the far right or the far left politically.” Job losses, especially to China, the authors noted, lead voters to strongly favor either Donald Trump or Bernie Sanders.

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This Earth Day, Listen Up: Mother Earth Is Calling Us Back

April 22 is Earth Day 2016. Each Earth Day marks another milestone in a profound human reawakening to the truth that we are children of a living Earth who survive and prosper only as contributing members of a living Earth community.

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Will Americans Ever Realize That a Good Life Is More Important Than Money?

The political debate in the United States and Europe has focused attention on public financial deficits and how best to resolve them. Tragically, the debate largely ignores the deficits that most endanger our future.

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Nature Is Not A Commodity: The Path to Rio+20

 With these three words, Karma Tshiteem, Secretary of the Bhutan Gross National Happiness Commission, ended his brief description of Bhutan’s distinctive approach to economic development. It caught my attention because of the striking contrast to our common Western phrase, “Time is money.”

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