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The Dream of Corporate Empire Builders

David Korten

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Dec. 24, 2011

"The dream of the corporate empire builders is being realized. The global system is harmonizing standards across country after country -- down toward the lowest common denominator. Although a few socially responsible businesses are standing against the tide with some limited success, theirs is not an easy struggle. We must not kid ourselves. Social responsibility is inefficient in a global free market, and the market will not long abide those who do not avail of the opportunities to shed the inefficient. And we must be clear as to the meaning of efficiency. To the global economy, people are not only increasingly unnecessary, but they and their demands for a living wage are a major source of economic inefficiency. Global corporations are acting to purge themselves of this unwanted burden. We are creating a system that has fewer places for people." -- David Korten, economist and internationalist