David Korten writes: Our economic system features long supply-lines, concentrated supplies of volatile fuels, toxic chemicals, and radioactive materials, disposable workers subject to instant dismissal in a moment of disruption, core industries such as air travel subject to extreme swings of consumer confidence, and an unstable financial system built on debt and speculation. It is a disaster waiting to happen. We become less vulnerable to the extent we favor local production and procurement to shorten supply lines. Replace volatile with nonvolatile fuels, such as hydrogen. Reduce or eliminate the use of toxic chemicals and radioactive materials. Increase employee rights and encourage stable employment relations. Orient the economy toward meeting real, enduring needs that generate stable demand. Bring integrity to the financial system by limiting speculation and the pyramiding of debt. Take appropriate measures to increase environmental security by reducing the human burden on nature. (04/30/02)
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Well you’re going to need a plan …
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That Executive Pay Increased 571% from 1990 to 2000 — The average salary for production workers was $24,668 in 2000. If the average salary for production workers had increased at the same rate as executive pay, it would be $120,491. The minimum wage was $5.15/hour in 2000. If the minimum wage had increased at same rate as executive pay, it would be $25.50/hour. CEOs at 50 companies that cut 1,000 or more workers in 2000 earned on average 80% more than other CEOs. (04/30/02)
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David Korten writes: Evidence is mounting that economic growth and free trade are not leading us toward economic justice and environmental sustainability. To the contrary, they are taking us in the direction of increasing economic injustice and environmental unsustainability. … In a deregulated global market economy global corporations are accountable to only one master, a rogue global financial system with one incessant demand–keep your stock price as high as possible by maximizing short-term returns. One way to do that is to shift as much of the cost of the corporation’s operations as possible onto the community.  … The world’s most powerful corporations are also active in shaping public policy in ways that virtually forces us into a pattern of overconsumption that yields large profits to themselves at the expense of our quality of living. (04/30/02)
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A graduate of Harvard Medical School and Professor Emeritus of the University of North Carolina School of Medicine, Dr. N. Arthur Coulter is a synergic science pioneer. He began searching for a better way for humanity over 50 years ago. The Time-binding Trust is pleased to announce the availability of the new Revised Internet Edition of his classic: Human Synergetics. (04/30/02)
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