Markets generate conversations
. . . our system is built on driving increased consumption, but particularly it is driving the most destructive and wasteful forms of consumption, of course, starting with war, moving on to automobile dependence, and which is not just about the energy issue, but it’s about the fragmentation of society, as we move out into the suburbs. It’s about the breakdown of the family, as we put more and more stress on the family.
One interesting specific mentioned by Korten: People have ten times more conversations in farmers' markets than they have in the supermarket. If markets "are" conversations, we can say some conversations generate more conversations than others. And different sorts of exchanges. Korten is author of Agenda for a New Economy.
This is a crucial point -- tieing to what Doc Searls has been getting at forever.
The whole interview with Korten is worthwhile. His notion of phantom vs. real wealth is very much on the money.
And in the spirit of phantom wealth, IMproPRieTies introduces its new, Amazon Affiliate linkthingage:
Update: Phil at Gifthub on Korten and Catherine Austin Fitts, and material differences between them.
Labels: Agenda for a New Economy, David Korten, Democracy Now, doc searls, ethical economy