Replace the Gospel of Money: An Interview With David Korten

[marmar]

from YES! Magazine:



David Korten began his professional life as a professor at the Harvard Business School on a mission to lift struggling people in Third World nations out of poverty by sharing the secrets of U.S. business success. Yet, after a couple of decades in which he applied his organizational development strategies in places as far-flung as Ethiopia, Nicaragua, and the Philippines, Korten underwent a change of heart. In 1995, he wrote the bestseller When Corporations Rule the World, followed by a series of books that helped birth the movement known as the New Economy, a call to replace transnational corporate domination with local economies, control, ownership, and self-reliance.

.....(snip).....

Paton: You’re saying it’s the traditional development model, or transnational capitalism, that damages Earth as a living community, including not just humans but all life forms. Yet we all depend on money, on the market economy. Do you really think we can just stop that dependence?

Korten: We will still use money and markets, but strip away Wall Street’s control of money’s creation and allocation. There was a time in the United States when most of our financial institutions were local. Which essentially meant that local communities were able to create their own credit, or their own money, in response to their own needs. We still depended on banks, but it was a much more democratic process.

.....(snip).....

Korten: Exactly. If more of our money circulated in our communities rather than the Wall Street casino, it would facilitate people organizing locally to meet more of their economic needs with local resources. Control of money is the ultimate mechanism of social control in a society in which most every person depends on money for the basic means of living—food, water, shelter, heat, transportation, entertainment. This leads us into the voluntary simplicity movement: The less I’m dependent on money, the freer I am. Realize that the only legitimate purpose of the economy is to serve life, is to serve us as living beings making our living in co-productive partnership with living Earth.

.....(snip).....

Paton: So if we’re all living beings “born of a living Earth,” as you say, where does that start to show up in our lives?

Korten: A big piece of it has to do with recognizing the implications of our dependence on money. This goes back to development as a process of separating people from their means of subsistence production. The more people become alienated from their self-production, the more they become dependent on money—and the more they become dependent on the people who control the creation and allocation of money. ...................(more)

The complete piece is at: http://www.yesmagazine.org/issues/together-with-earth/replace-the-gospel-of-money-interview-with-david-korten

[think]

1. Reviving local economies & self reliance makes too much sense. People might even understand it.

We can't have that.....