Once a "very conservative republican," David Korten holds an MBA and PhD From Stanford Business School and worked for five and a half years as a faculty member of the Harvard University Graduate School of Business. After spending a number of years working in the global South, believing that all these low-income countries needed was to adopt America's capitalist system in order to resolve poverty, his perspective changed and he began to recognize the way in which our current economic system functions (and thrives) based on inequality, environmental destruction and social conflict.
Realizing that our global economy was based on the premise that individual greed is the path to collective prosperity and that this concept was completely flawed, David Korten came full circle and became an advocate for an economic system that is life-centred and community-based.
He has since authored several books, including: When Corporations Rule the World and The Great Turning: From Empire to Earth Community. His newest book and the title of this talk is called Agenda for a New Economy: From Phantom Wealth to Real Wealth, which argues for an end to the corrupt, phantom-wealth Wall Street money system. It must be replaced by a Main Street money system that favours life values over financial values, roots power in people and community, and supports local resilience and self-organization. This talk took place on October 29, 2010 at the Bronson Centre in Ottawa.
Thank you for reading this story…
More people are reading rabble.ca than ever and unlike many news organizations, we have never put up a paywall – at rabble we’ve always believed in making our reporting and analysis free to all, while striving to make it sustainable as well. Media isn’t free to produce. rabble’s total budget is likely less than what big corporate media spend on photocopying (we kid you not!) and we do not have any major foundation, sponsor or angel investor. Our main supporters are people and organizations -- like you. This is why we need your help. You are what keep us sustainable.
rabble.ca has staked its existence on you. We live or die on community support -- your support! We get hundreds of thousands of visitors and we believe in them. We believe in you. We believe people will put in what they can for the greater good. We call that sustainable.
So what is the easy answer for us? Depend on a community of visitors who care passionately about media that amplifies the voices of people struggling for change and justice. It really is that simple. When the people who visit rabble care enough to contribute a bit then it works for everyone.
And so we’re asking you if you could make a donation, right now, to help us carry forward on our mission. Make a donation today.