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In a world of increasing inequality, the legitimacy of institutions that give precedence to the pro
In a world of increasing inequality, the legitimacy of institutions that give precedence to the pro
In a world of increasing inequality, the legitimacy of institutions that give precedence to the pro
In a world of increasing inequality, the legitimacy of institutions that give precedence to the pro
In a world of increasing inequality, the legitimacy of institutions that give precedence to the pro
In a world of increasing inequality, the legitimacy of institutions that give precedence to the pro
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David Korten:
And each of these perspectives comes to the same conclusion, which is that our global economy is ouDavid Korten:
My claim is that we do not have a market economy, but a capitalist economy.David Korten:
Capitalism and the market are presented as synonymous, but they are not. Capitalism is both the eneDavid Korten:
Capitalism is not about free competitive choices among people who are reasonably equal in their buyDavid Korten:
The first principle of the market economy is that it is comprised of many small buyers and sellers,David Korten:
It is interesting to note that the 200 richest people have more assets than the 2 billion poorest.David Korten:
Global competition is about winners and losers.David Korten:
So, there is enormous instability in the global economy with a shift of winners and losers.David Korten:
If you look internationally over the last 50 years there have been improvements in the third world,David Korten:
Moreover, statistics can be deceiving: the growth of jobs in the US in the 90s was due to many part