Quotes from book
When Corporations Rule the World

Name: When Corporations Rule the World
Author: David Korten

When Corporations Rule the World is an anti-globalization book by David Korten. Korten examines the evolution of corporations in the United States and argues that "corporate libertarians" have 'twisted' the ideas of Adam Smith's view of the role of private companies.

“Television has already been wholly colonized by corporate interests, which are now laying claim to our schools. The goal is not simply to sell products and strengthen the consumer culture. It is also to create a political culture that equates the corporate interest with the human interest in the public mind.”

David Korten book When Corporations Rule the World

Source: When Corporations Rule the World (1995,2015), p. 149

“In its literal meaning, capitalism means rule by capital, more specifically rule by the owners of capital for their exclusive private benefit.”

David Korten book When Corporations Rule the World

Source: When Corporations Rule the World (1995,2015), p. 20

“There are more idealized definitions of capitalism, but I refer to the real capitalism—the kind we are living with. This capitalism is grounded in an elitist ideology of individualism supported by an institutional system devoted to the concentration and abuse of wealth for the exclusive benefit of a private ruling oligarchy. It is the capitalism that claims to champion democracy and markets even as it destroys them. The capitalism that claims to bring universal prosperity even wile denying it to all but its most favored servants. The capitalism that destroys life to make money and organizes as a suicide economy that destroys the foundations of its own existence—and ours.”

David Korten book When Corporations Rule the World

Source: When Corporations Rule the World (1995,2015), pp. 20-21