Alternative Radio on 11/01/11
David Korten - Wall Street or the Common Good (lecture)
The Occupy Wall Street movement is growing. Mumia Abu-Jamal from his jail cell writes: “In Lower Manhattan's Zucotti Park, renamed 'Liberty Square' by the demonstrators, the cast of thousands swell in rebellion against the betrayals by the banks, Wall Street's relentless greed, the plague of joblessness and the craven servility of the political class, both Republicans and Democrats, to their moneyed masters. In short, the central focus of their protest is capitalism, greed writ large. Begun mostly by unemployed urban youth, it has drawn the presence and support of public workers, students, teachers and a considerable number of gray hairs. That's because social discontent is so widespread that it is spreading like wildfire. From Wall Street to Denver, Los Angeles, and beyond. Demonstrations are springing up like mushrooms after a storm, in protest to crony capitalism.”
David Korten was an insider in the development establishment for several decades. He worked for the Ford Foundation and USAID and taught at Harvard University's Graduate School of Business. Having severed his ties to the past, today he is a leading voice for economic and social justice. He is the author of "When Corporations Rule the World," "The Great Turning," and "Agenda for a New Economy."