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We should be moving toward local currencies not global or European currencies.

David Korten

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David Korten
Age: 87
Born: 1937
Born: January 1
Author
Environmentalist
Military Officer
Writer
Longview
Washington
Local
Global
Toward
Europe
Moving
Currencies
Currency
Locals
European

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Capitalism has defeated communism. It is now well on its way to defeating democracy.
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In the US, most progressives start to see the differences between internationalism and economic globalization.
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Money is a mechanism for control.
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In a world of increasing inequality, the legitimacy of institutions that give precedence to the property rights of 'the Haves' over the human rights of 'the Have Nots' is inevitably called into serious question.
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It is interesting to note that the 200 richest people have more assets than the 2 billion poorest.
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Europeans say they are proud of their social fabric, of strong rights for workers and the weak in society.
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The proper goal of an economic democracy agenda is to replace the global suicide economy ruled by rapacious and unaccountable global corporations with a planetary system of local living economies comprised of human-scale enterprise rooted in the communities they serve and locally owned by the people whose wellbeing depends on them.
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I am in favor of increased communication and cooperation between countries, but it is more important that each country becomes responsible for its own actions, its own communities, its own economies, before starting to integrate in large regional or global supranational organizations.
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It will take some time before a politician will capture the imagination of the American people and have the vision and understanding to do what is necessary for a better future for the people of America and the world.
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Capitalism and the market are presented as synonymous, but they are not. Capitalism is both the enemy of the market and democracy.
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Capitalism is not about free competitive choices among people who are reasonably equal in their buying and selling of economic power, it is about concentrating capital, concentrating economic power in very few hands using that power to trash everyone who gets in their way.
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There is a huge shift taking place in the global awareness in the last 5 years with strong views about globalization and the power structures of major corporations.
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To create a world in which life can flourish and prosper we must replace the values and institutions of capitalism with values and institutions that honor life, serve life's needs, and restore money to its proper role as servant. I believe we are in fact being called to take a step to a new level of species consciousness and function.
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As long as you have a system that is based on the rational that if you are making money you are thereby making a contribution to society, these financial rogue practices will continue.
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Money is not wealth. Money is a claim on wealth.
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There is no visible sign that the current politicians in the US are willing to see the need for change.
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We can have democracy and a prosperous, just, and sustainable human future. Or we can have corporate rule. We cannot have both.
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If you're living in the community and you own your local businesses and you're engaged in the local economy you should have a definite interest in the strength and health of your community, the caring relationships that bind people together.
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Not exclusively, but the bulk of our local economy should be covered by local currencies, which is more efficient than having global currencies which lose connection with reality in the markets, shops and communities of the people.
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