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" "Modern humans appeared some 200,000 years ago. Human activity began to change Earth’s carbon balance roughly 200 years ago. Then, just a bit over twenty years ago, the World Wide Web created the potential for humans to communicate, think, and act as a planetary species with a collective awareness of the global impact of our presence.
David Korten (born 1937) is an American author, former professor of the Harvard Business School, political activist and prominent critic of corporate globalization.
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There are more idealized definitions of capitalism, but I refer to the real capitalism—the kind we are living with. This capitalism is grounded in an elitist ideology of individualism supported by an institutional system devoted to the concentration and abuse of wealth for the exclusive benefit of a private ruling oligarchy. It is the capitalism that claims to champion democracy and markets even as it destroys them. The capitalism that claims to bring universal prosperity even while denying it to all but its most favored servants. The capitalism that destroys life to make money and organizes as a suicide economy that destroys the foundations of its own existence—and ours.
The current system failure is thousands of years in the making and touches on every aspect of society. There is no magic-bullet solution. Nor will marginal adjustments to the current self-destructive system suffice. We must reinvent our culture and our institutions from the bottom up. The observations I share in this report are the product of my life experience, much of it living and working in Africa, Asia, and Latin America...
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