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… - David Korten

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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.

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About David Korten

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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Establishment interests are gaming the political system. They support Democrats who blame corporations for our problems. They support Republicans who blame government. We the people line up on one side or the other and are so focused on the opposing party as villain, we fail to notice the extent to which corporate power and government power are unified in the cause of corporate rule, through the oligarchy’s control of money, markets, politics, and media.

Television has already been wholly colonized by corporate interests, which are now laying claim to our schools. The goal is not simply to sell products and strengthen the consumer culture. It is also to create a political culture that equates the corporate interest with the human interest in the public mind.

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Fortunately, the emergence of a new consciousness and the new organizing structures required to actualize our potential for responsible planetary citizenship is already underway. Our mutual awakening is unfolding at an accelerating pace as collapse of critical Earth systems unfolds.

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