A Quote by David Korten

Capitalism has defeated communism. It is now well on its way to defeating democracy. — © David Korten
Capitalism has defeated communism. It is now well on its way to defeating democracy.
But democracy is by no means a limit one may not overstep; it is only one of the stages in the course of development from feudalism to capitalism, and from capitalism to Communism.
In the Soviet Union, capitalism triumphed over communism. In this country, capitalism triumphed over democracy.
We need to take a close look at the relationship between the economic system of Capitalism and the political system of Democracy. A democracy with high concentrations of private wealth buys votes and interferes with the ability of Capitalism to perform well. It is no longer one citizen, one vote.
I think we need to think of capitalism as a very bad way of organizing communism. Much of what we do is already communism, so just expand it.
What I'm saying to you this morning is that Communism forgets that life is individual. Capitalism forgets that life is social, and the Kingdom of Brotherhood is found neither in the thesis of Communism nor the antithesis of capitalism but in a higher synthesis.
Despite the miracles of capitalism, it doesn't do well in popularity polls. One of the reasons is that capitalism is always evaluated against the non-existent, non-realizable utopias of socialism or communism. Any earthly system, when compared to a Utopia, will pale in comparison. But for the ordinary person, capitalism, with all of its warts, is superior to any system yet devised to deal with our everyday needs and desires.
I think what we are confronting now is a new war of ideas. It's not communism versus capitalism, but it is authoritarianism versus democracy and representative government. And that is a threat that here in Europe, they feel acutely. They've seen their countries interfered with, bombarded by cyber-attacks, by Russian propaganda, indeed, by Russian troops.
At the turn of the [21st] century it was really Sergey Brin at Google who just had the thought of, well, if we give away all the information services, but we make money from advertising, we can make information free and still have capitalism. But the problem with that is it reneges on the social contract where people still participate in the formal economy. And it's a kind of capitalism that's totally self-defeating because it's so narrow. It's a winner-take-all capitalism that's not sustaining.
Capitalism and democracy are the opposite of each other. Capitalism is a system that guarantees that a few are going to do very well, and everybody else is going to serve the few. Democracy means everybody has a seat at the table. Everybody.
Good and just society is neither the thesis of capitalism nor the antithesis of communism, but a socially conscious democracy which reconciles the truths of individualism and collectivism.
My entire life was dedicated to defeating communism. I felt really great when Ronald Reagan helped us establish peace and the elimination of communism from Russia. We are now dealing with a national power, and, you know, it is a big power in the world. It's no longer being motivated by communist ideology that has it trying to overthrow democratic governments and replace them with atheistic communist dictatorships.
Communism destroys democracy. Democracy can also destroy Communism.
Capitalism has survived communism. Now, it eats away at itself.
Everyday I become more convinced, there is no doubt in my mind, and as many intellectuals have said, that it is necessary to transcend capitalism. But capitalism can't be transcended from with capitalism itself, but through socialism, true socialism, with equality and justice. I'm also convinced that it is possible to do it under democracy, but not in the type of democracy being imposed by Washington.
I think the thing about capitalism is it's an evil necessity, capitalism. Communism has been tried and failed, and socialism, that doesn't work very well. Capitalism works, but the problem about capitalism is it does mean that a few individuals become very wealthy. Therefore, I think those individuals have enormous responsibility to redistribute that wealth either by creating new businesses or creating new jobs and making sure that money just doesn't lie in a bank account for future generations.
It’s sad. Marxism didn’t work. Communism didn’t work. Capitalism doesn’t work. Nothing works. Even democracy doesn’t work. Democracy-the greatest form of government and we have two choices for who’s our leader. In fascism you only have one choice. That’s great. We have one more choice than the worst form of government.
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