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" "For those of us who grew up believing that capitalism is the foundation of democracy and market freedom, it has been a rude awakening to realize that under capitalism, democracy is for sale to the highest bidder and the market is centrally planned by global megacorporations larger than most states.
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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Over the past twenty years there has been an enormous shift in power from the institutions of the state to global corporations with economic resources far greater than those of most states and with a global reach that places them beyond accountability to any persons, place, or public institution. Through the processes of corporate globalization humanity is moving rapidly toward Empire’s ultimate goal of unifying the world’s people under a unified system of governance.
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.
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I call this system a “suicide” economy because it is systematically destroys the foundations of its own—and our—existence. Also known as capitalism, it is dedicated to what Pope Francis calls the idolatry or worship of money. The terminally destructive outcomes of the suicide economy are not acts of nature. They are the result of human choices. We can make different choices, but to do so we must understand where we went wrong and why.