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" "Around the world, people are realizing the current path will lead only to disaster, and they’re beginning to ask the hard questions about what to do next. We humans now have the knowledge and technology to move beyond the violence, fear, and daily struggle for survival that besets the lives of so many. We have the capacity to secure a world of peace, beauty, diversity, creativity, material sufficiency, and spiritual abundance for all people, and have all that in balance with Earth’s ecosystems. Achieving such a goal requires that we make this vision our common goal and transform our cultural narratives, institutions, and infrastructure accordingly—a steep but imperative challenge. Success requires leadership from all levels of society, including from people everywhere working to grow community-facilitating cultural values, institutions, and infrastructure in the places where they live.
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.
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The goal is a new economic system that supports three essential and inseparable outcomes: Ecosystem Health and Balance: It must value life above all else and support individuals and communities in growing the generative capacity of Earth’s biosphere, while meeting human needs within the limits of that capacity. Shared Prosperity: It must support the sharing of resources to meet the essential needs of all people by securing their right of access to a means of living. Living Democracy: It must give each person an active voice in the decisions that affect his or her life, and support the just and nonviolent resolution of conflict through processes that are both inclusive and transparent.