Time to Choose

David Korten

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. 

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