Money System

How Big Banks Run the World - at Your Expense

The recent Public Banking conference held in Philadelphia offered a message that is at once so simple - but also so bold - it is hard for most Americans to pause long enough to understand how profoundly their thinking had been corralled by the masters of finance - in ways far, far, far more insidious and powerful than even the latest financial crisis suggests.

A System Designed to Crash

The calculus of the debt economy equals booms, busts and inequality.

As part of the New Economy 2.0 series 

 

By David Korten

7 Steps for Action Toward a New Economy

Seven reasons why our Old Economy is failing—each paired with its New Economy solution.

By David Korten

Good Debt, Bad Debt

David Korten explains the logic behind a debt-based money system—and why it isn’t working in the United States.

By David Korten

Good Debt/Bad Debt

As part of the New Economy 2.0 series 

 

By David Korten

Money From Nothing?

Many economists and financiers believe it’s possible. But what looks like magic is really illusion.

By David Korten

The Illusion of Money

Real wealth or phantom assets? David Korten explores the difference between the kind of wealth that makes life better and the phantom wealth created by financial speculation.

by

Microcredit: The Good, the Bad, and the Ugly

Unraveling the confusion behind microcredit: how some models help alleviate poverty, while others exploit the poor to make the rich richer.

By David Korten

The Unfinished Business of Financial Reform

Lawmakers will need to consider financial speculation taxes in the next round of the fight to rein in Wall Street.

As senators prepare to fight their way through a blizzard of amendments to the financial reform bill, it's hard to predict exactly what we'll wind up with when the storm is over. But it's important to view this as merely round one in what will likely be a long struggle to rein in Wall Street.

Marching on K Street to Transform Wall Street

Tax Speculators: Shut down the Wall Street Casino

On May 17, I will join thousands of others in a creative protest on a street that most Americans don't know exists. It is "K Street" in Washington, and it is home to thousands of corporate lobbyists who get paid six figures to buy the votes in Congress.

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