If you look at the US economy over the l... by David Korten | We Heart Quotes

Author Years Vision Activist Development

If you look at the US economy over the last 15-20 years wages have been stagnating or even declining.

- David Korten

Other quotes by David Korten

Defense

The professional study of economics has become ideological brainwashing. It is a defense of the excesses of the capitalist system.

- David Korten

Control

And each of these perspectives comes to the same conclusion, which is that our global economy is out of control and performing contrary to basic principles of market economics.

- David Korten

Society

Europeans say they are proud of their social fabric, of strong rights for workers and the weak in society.

- David Korten

Money

Money is not wealth. Money is a claim on wealth.

- David Korten

Money

Money flows into the US, and inflates US assets, and allows the US to have a monstrous trade deficit. That means we are consuming more than we are producing.

- David Korten

Economy

So, there is enormous instability in the global economy with a shift of winners and losers.

- David Korten

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