David Korten: Creating a Real Wealth Economy for a Just and Sustainable Future
David Korten is the author of The Great Turning: From Empire to Earth Community, When Corporations Rule the World and the Post Corporate World: Life after Capitalism. He is co-founder of the Positive Futures Network and Yes! Magazine. He holds M.B.A. and Ph.D degrees from Stanford University Graduate School of Business, has taught at Harvard, and served as a regional advisor for USAID. His most recent book, Agenda for a New Economy, outlines an agenda to liberate the latent entrepreneurial energies of Main Street from Wall Street’s deadly grip and bring into being a new economy – locally based, community-oriented, and devoted to creating a better life for all.
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0' - 4'20" - introduction by Charles Holmes
4'30" - Korten's address begins
13'30" - "I'm not an economist"... but an organization systems analyst.
15'30" - The essence of money
19'40" - "The accountants run the world."
21'00" - From a society based on relationships to a society where everything is mediated by money.
24'20" - Financial institutions move from community-based to deregulated, abstract entities
27'40" - "phantom wealth"
30'15" - faster environmental destruction, concentrated wealth, institutions losing legitimacy, social fabric disintegrating, political system growing more corrupt
31' - the answer begins with a conversation
32' - the way most people are
37' - the creation of the new mainstream... there is hope
38'30" - new communication allowing for empowered grassroots movement, toward a position "true popular sovereignty"
39'15" - end of talk, beginning of dialogue between David Korten and Charles Olson
40'20" - "where does money come from, and who decides who gets it?"
45'45" - "we used to call this debt slavery"
47' - are corporate CEOs psychopaths?
51'- when sins and virtues become inverted
58' - audience questions
60' - Dolphins, statistics, money is interesting but what are we going to eat?
66' - Do we need more crises? Are we an intelligent species?
71' - where is the conversation happening?