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Series | A Living Earth Economy, Part 6: In Stripping Away Our Hope, Maybe Trump Has Done Us a Favor

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  • The outcome of this election is a wake-up call to action. Now that we know our elected leaders will not save us, let’s get to work.
  • 6th in a Series

David Korten, Yes! Magazine 

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http://www.yesmagazine.org/new-economy/in-stripping-away-our-hope-maybe-trump-has-done-us-a-favor-20161130/trump-action.gif/imageNov 30, 2016 | Prince Ea, rapper and spoken-word artist and social justice advocate, has a soliloquy on YouTube with a surprising title: Why I'm Happy Trump Won. How could he think that, as he has passionately called for recognizing the dignity in all people? He’s happy, he says, because he sees this election result as a wake-up call. It forces us to recognize the sickness of our society and “that we cannot legislate our way out of human problems, nor can we truly change the world by changing the rulers.”

 

I remember hoping a Clinton-Gore administration would lead to a system transformation back in 1992. I had the same hope for the Obama administration in 2008.

 

But it’s now clear that leadership for the needed system change will not come from within the existing corporate-dominated political system. It must come from We the People, claiming and exercising our sovereign right to life, liberty, and the pursuit of happiness.

David Korten wrote this article for YES! Magazine as part of his new series of biweekly columns on A Living Earth Economy.” David is co-founder and board chair of YES! Magazine, president of the Living Economies Forum, co-chair of the New Economy Working Group, a member of the Club of Rome, and the author of influential books, including When Corporations Rule the World and Change the Story, Change the Future: A Living Economy for a Living Earth. His work builds on lessons from the 21 years he and his wife, Fran, lived and worked in Africa, Asia, and Latin America on a quest to end global poverty

Full story … 

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Series | A Living Earth Economy, Part 5: Capitalism or Socialism? There’s an Even Better Option

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  • Bernie Sanders’ popular campaign suggests that many Americans aren't afraid of socialism anymore. But real democracy is an even better alternative to capitalism.
  • 5th in a Series

David Korten, Yes! Magazine

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http://www.yesmagazine.org/new-economy/capitalism-or-socialism-theres-an-even-better-option-20160406/capitalism_socialism_650.gif/imageApr 06, 2016, 2016 | Politics and polling data reveal a remarkable shift in American attitudes toward socialism. More Democrats now view socialism favorably (42 percent) than unfavorably (34 percent). Among young adults, socialism does even better with a 43 percent favorable view vs. only 26 percent unfavorable. Presidential candidate Bernie Sanders, a self-described Democratic Socialist, has surprised the establishment with the strength of his campaign. He is especially popular among Millennials, the generation positioned to define America’s future.

So is the United States turning to socialism?

David Korten wrote this article for YES! Magazine as part of his new series of biweekly columns on “A Living Earth Economy.” David is co-founder and board chair of YES! Magazine, president of the Living Economies Forum, co-chair of the New Economy Working Group, a member of the Club of Rome, and the author of influential books, including When Corporations Rule the World and Change the Story, Change the Future: A Living Economy for a Living Earth. His work builds on lessons from the 21 years he and his wife, Fran, lived and worked in Africa, Asia, and Latin America on a quest to end global poverty

Full story … 

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Can New CEO Tim Sloan Fix Scandal-Plagued Wells Fargo’s Corporate Culture?

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  • Tim Sloan has replaced John Stumpf as Wells Fargo’s New CEO, but some wonder whether such a longtime insider can really change the bank’s culture of customers and employee abuse.
  • Related: Special Report | Amazon & Wal-mart: Big Box Retailers Behaving Criminally

Peter Dreier, American Prospect

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http://prospect.org/sites/default/files/styles/large/public/ap497191253707_horiz_2.jpeg?itok=rFrupW4yWells Fargo Senior Executive Vice President and Chief Financial Officer Timothy J. Sloan is interviewed on the floor of the New York Stock Exchange, Wednesday, November 13, 2013.  AP Photo/Richard Drew

October 28, 2016 | candal-plagued Wells Fargo’s recent selection of long-time bank insider Tim Sloan to replace John Stumpf as its CEO has done little to mollify critics, given Sloan’s central management role during more than a decade of consumer and community complaints.

Sloan has largely escaped scrutiny during the thumping Wells Fargo has taken from Congress, the media, and bank reform activists for boosting its own stock price by secretly creating more than two million unauthorized checking and credit-card accounts. As lawmakers and state and federal regulators line up to investigate the bank following Stumpf’s resignation, Sloan now replaces him on the hot seat. Sloan’s role as a member of the bank’s inner circle at a time when Wells Fargo stood accused of reckless and discriminatory practices is sure to interest investigators.

Peter Dreier teaches politics and chairs the Urban & Environmental Policy Department at Occidental College. His latest book is The 100 Greatest Americans of the 20th Century: A Social Justice Hall of Fame (Nation Books, 2012).

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Related:

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Special Report | Amazon & Wal-mart: Big Box Retailers Behaving Criminally, Compiled by David Culver, Ed., Evergreene Digest 

Part 1: Report: How Amazon's Tightening Grip on the Economy Is Stifling Competition, Eroding Jobs, and Threatening Communities

Amazon is far more than a big, aggressive retailer. 

Part 2: Who should pay: You or Walmart?

Who do you think should pay the price of providing security for property and other minor crimes in Walmart stores?

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Section(s): 

Series | A Living Earth Economy, Part 4: Why the Economy Should Just Stop Growing … and Grow Up

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  • "How do we grow the economy?" is an obsolete question.
  • Local initiatives across the world are looking for maturity instead as they rebuild caring, place-based communities and economies.
  • 4th in a Series

David Korten, Yes! Magazine

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http://www.bibliotecapleyades.net/imagenes_ciencia2/conscioussociopol259_01_small.jpgMay 4, 2016 | Listen to the political candidates as they put forward their 'economic solutions.'

You will hear a well-established and rarely challenged narrative.

"We must grow the economy to produce jobs so people will have the money to grow their consumption, which will grow more jobs…"

Grow. Grow. Grow ... .

But children and adolescents grow. Adults mature...

David Korten wrote this article for YES! Magazine as part of his new series of biweekly columns on “A Living Earth Economy.” David is co-founder and board chair of YES! Magazine, president of the Living Economies Forum, co-chair of the New Economy Working Group, a member of the Club of Rome, and the author of influential books, including When Corporations Rule the World and Change the Story, Change the Future: A Living Economy for a Living Earth. His work builds on lessons from the 21 years he and his wife, Fran, lived and worked in Africa, Asia, and Latin America on a quest to end global poverty.

Full story … 

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Previously in this series

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