The Post-Corporate World

Life After Capitalism

By David Korten

Publication date: 02/01/1999

Bestseller over 40,000+ copies sold

The Post-Corporate World

From the bestselling author of When Corporations Rule the World

An extensively researched, powerfully argued, eye-opening critique of how today's corporate captialism is destroying the things of real value in the world-like cancer destroys life

Portrays a hopeful future-alternatives to a corporate-dominated and money-ruled world-in showing how to resore health to markets, democracy, and every day life

Offers practical suggestions for individuals who want to contribute to the process of change

Co-published with Kumarian Press

There is a deep chasm between the promises of the new global capitalism and the reality of social breakdown, spiritual emptiness, and environmental destruction it is leaving in its wake. In this important book, David Korten makes a compelling and well-documented case that capitalism is actually delivering a fatal blow not only to life, but also to democracy and the market. Among his startling ideas:

Capitalism is a pathology that commonly afflicts market economies in the absence of vigilant public oversight. Since the economy internal to a corporation is a planned economy, the current consolidation of economic control under a handful of global corporations is a victory for central planning-not the market economy. The alternative to the new global capitalism is a global system of thriving, healthy market economies that function as extensions of healthy local ecosystems to meet the livelihood needs of people and communities.

Radical as such proposals may seem, they actually reflect processes that are steadily gaining momentum around the world. The Post-Corporate World provides a vision of what's needed and what's possible, as well as a detailed agenda for change. Korten shows that to have a just, sustainable and compassionate society, concentrated absentee ownership and footloose speculative capital as embodied in the global, for-profit public corporation must be eliminated in favor of enterprises based on patient, rooted, stakeholder ownership limited to those who have a stake in the firm as a worker, supplier, customer, or member of the community in which it is located.

Korten outlines numerous specific actions to free the creative powers of individuals and societies through the realization of real democracy, the local rooting of capital through stakeholder ownership, and a restructuring of the rules of commerce to create "mindful market" economies that combine market principles with a culture that nurtures social bonding and responsibility.

Like Korten's previous bestseller, When Corporations Rule the World, this provocative book is sure to stimulate national dialogue and debate and inspire a bevy of grassroots discussions and initiatives. The Post-Corporate World presents readers with a profound challenge and an empowering sense of hope.

•    From the bestselling author of When Corporations Rule the World

•    An extensively researched, powerfully argued, eye-opening critique of how today's corporate captialism is destroying the things of real value in the world-like cancer destroys life

•    Portrays a hopeful future-alternatives to a corporate-dominated and money-ruled world-in showing how to resore health to markets, democracy, and every day life

•    Offers practical suggestions for individuals who want to contribute to the process of change

•    Co-published with Kumarian Press

There is a deep chasm between the promises of the new global capitalism and the reality of social breakdown, spiritual emptiness, and environmental destruction it is leaving in its wake. In this important book, David Korten makes a compelling and well-documented case that capitalism is actually delivering a fatal blow not only to life, but also to democracy and the market. Among his startling ideas:

Capitalism is a pathology that commonly afflicts market economies in the absence of vigilant public oversight. Since the economy internal to a corporation is a planned economy, the current consolidation of economic control under a handful of global corporations is a victory for central planning-not the market economy. The alternative to the new global capitalism is a global system of thriving, healthy market economies that function as extensions of healthy local ecosystems to meet the livelihood needs of people and communities.

Radical as such proposals may seem, they actually reflect processes that are steadily gaining momentum around the world. The Post-Corporate World provides a vision of what's needed and what's possible, as well as a detailed agenda for change. Korten shows that to have a just, sustainable and compassionate society, concentrated absentee ownership and footloose speculative capital as embodied in the global, for-profit public corporation must be eliminated in favor of enterprises based on patient, rooted, stakeholder ownership limited to those who have a stake in the firm as a worker, supplier, customer, or member of the community in which it is located.

Korten outlines numerous specific actions to free the creative powers of individuals and societies through the realization of real democracy, the local rooting of capital through stakeholder ownership, and a restructuring of the rules of commerce to create "mindful market" economies that combine market principles with a culture that nurtures social bonding and responsibility.

Like Korten's previous bestseller, When Corporations Rule the World, this provocative book is sure to stimulate national dialogue and debate and inspire a bevy of grassroots discussions and initiatives. The Post-Corporate World presents readers with a profound challenge and an empowering sense of hope.

Read more and meet author below


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Overview

From the bestselling author of When Corporations Rule the World

An extensively researched, powerfully argued, eye-opening critique of how today's corporate captialism is destroying the things of real value in the world-like cancer destroys life

Portrays a hopeful future-alternatives to a corporate-dominated and money-ruled world-in showing how to resore health to markets, democracy, and every day life

Offers practical suggestions for individuals who want to contribute to the process of change

Co-published with Kumarian Press

There is a deep chasm between the promises of the new global capitalism and the reality of social breakdown, spiritual emptiness, and environmental destruction it is leaving in its wake. In this important book, David Korten makes a compelling and well-documented case that capitalism is actually delivering a fatal blow not only to life, but also to democracy and the market. Among his startling ideas:

Capitalism is a pathology that commonly afflicts market economies in the absence of vigilant public oversight. Since the economy internal to a corporation is a planned economy, the current consolidation of economic control under a handful of global corporations is a victory for central planning-not the market economy. The alternative to the new global capitalism is a global system of thriving, healthy market economies that function as extensions of healthy local ecosystems to meet the livelihood needs of people and communities.

Radical as such proposals may seem, they actually reflect processes that are steadily gaining momentum around the world. The Post-Corporate World provides a vision of what's needed and what's possible, as well as a detailed agenda for change. Korten shows that to have a just, sustainable and compassionate society, concentrated absentee ownership and footloose speculative capital as embodied in the global, for-profit public corporation must be eliminated in favor of enterprises based on patient, rooted, stakeholder ownership limited to those who have a stake in the firm as a worker, supplier, customer, or member of the community in which it is located.

Korten outlines numerous specific actions to free the creative powers of individuals and societies through the realization of real democracy, the local rooting of capital through stakeholder ownership, and a restructuring of the rules of commerce to create "mindful market" economies that combine market principles with a culture that nurtures social bonding and responsibility.

Like Korten's previous bestseller, When Corporations Rule the World, this provocative book is sure to stimulate national dialogue and debate and inspire a bevy of grassroots discussions and initiatives. The Post-Corporate World presents readers with a profound challenge and an empowering sense of hope.

•    From the bestselling author of When Corporations Rule the World

•    An extensively researched, powerfully argued, eye-opening critique of how today's corporate captialism is destroying the things of real value in the world-like cancer destroys life

•    Portrays a hopeful future-alternatives to a corporate-dominated and money-ruled world-in showing how to resore health to markets, democracy, and every day life

•    Offers practical suggestions for individuals who want to contribute to the process of change

•    Co-published with Kumarian Press

There is a deep chasm between the promises of the new global capitalism and the reality of social breakdown, spiritual emptiness, and environmental destruction it is leaving in its wake. In this important book, David Korten makes a compelling and well-documented case that capitalism is actually delivering a fatal blow not only to life, but also to democracy and the market. Among his startling ideas:

Capitalism is a pathology that commonly afflicts market economies in the absence of vigilant public oversight. Since the economy internal to a corporation is a planned economy, the current consolidation of economic control under a handful of global corporations is a victory for central planning-not the market economy. The alternative to the new global capitalism is a global system of thriving, healthy market economies that function as extensions of healthy local ecosystems to meet the livelihood needs of people and communities.

Radical as such proposals may seem, they actually reflect processes that are steadily gaining momentum around the world. The Post-Corporate World provides a vision of what's needed and what's possible, as well as a detailed agenda for change. Korten shows that to have a just, sustainable and compassionate society, concentrated absentee ownership and footloose speculative capital as embodied in the global, for-profit public corporation must be eliminated in favor of enterprises based on patient, rooted, stakeholder ownership limited to those who have a stake in the firm as a worker, supplier, customer, or member of the community in which it is located.

Korten outlines numerous specific actions to free the creative powers of individuals and societies through the realization of real democracy, the local rooting of capital through stakeholder ownership, and a restructuring of the rules of commerce to create "mindful market" economies that combine market principles with a culture that nurtures social bonding and responsibility.

Like Korten's previous bestseller, When Corporations Rule the World, this provocative book is sure to stimulate national dialogue and debate and inspire a bevy of grassroots discussions and initiatives. The Post-Corporate World presents readers with a profound challenge and an empowering sense of hope.

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Meet the Author


Visit Author Page - David Korten

David Korten, author and activist, is co-founder and board chair of YES! Magazine, co-founder and co-chair of the New Economy Working Group, president of the Living Economies Forum, an associate fellow of the Institute for Policy Studies, a member of the Club of Rome, and founding board member emeritus of the Business Alliance for Local Living Economies. A 20th anniversary edition of his classic international best seller When Corporations Rule the World will launch in June 2015. His other books include Change the Story, Change the Future: A Living Economy for a Living Earth Agenda for a New Economy: From Phantom Wealth to Real Wealth, The Great Turning: From Empire to Earth Community, and The Post-Corporate World: Life After Capitalism.

David has MBA and Ph.D. degrees from the Stanford Business School, and in his earlier career served as a captain in the US Air Force, a Harvard Business School professor, a Ford Foundation project specialist, and Asia regional adviser on development management to the U.S. Agency for International Development. He lived and worked for 21 years as a development professional in Ethiopia, Nicaragua, Philippines, and Indonesia.

To find out more, visit http://livingeconomiesforum.org.

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Table of Contents



Prologue: A Story for the Third Millennium

Part I: A Deadly Tale

Chapter 1: The Siren's Song
Chapter 2: The Naked Emperor
Chapter 3: The Midas Curse

Part II: Life's Story


Chapter 4: The Incredible Journey
Chapter 5: Living Systems
Chapter 6: Embracing Life's Wisdom

Part III: Envisioning a Post-Corporate World

Chapter 7: Responsible Freedom
Chapter 8: Mindful Markets
Chapter 9: Economic Democracy
Chapter 10: The Rights of Living Persons

Part IV: Coming Home to Life

Chapter 11:
Culture Shift
Chapter 12: The New Story Tellers
Chapter 13: Life Choices
Chapter 14: Engaging the Future

Epilogue: Planetary Consciousness

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Endorsements



"A road map to a more humane future in which everyone matters."

—Gloria Steinem, Founder, Ms magazine


"If you secretly wonder why the hyped promise of capitalism doesn't match the all too common and difficult struggle to make ends meet you will be fascinated by this account of where our economy went wrong and how we can change. Korten makes the economic principles that got us where we are today plain, simple , and accessible."

—Vicki Robin, coauthor of Your Money or Your Life

"Korten argues convincingly that Adam Smith would be appalled by much that Wall Street has done in recent decades, and he raises a host of provocative quesions about the emerging global economic order. Not everyone will agree with Korten's answers, but everyone will be enriched by considering his questions."

—Denis Hayes, Chair and CEO, Earth Day 2000

"The Post Corporate World does for our view of corporatism what Betty Friedan did for our view of women and Rachel Carson did for our view of the environment. . . . Passionately and gracefully written. . . it will twist your mind about the world and how you are living in it."

—Peter Block, author of Stewardship and The Empowered Manager

"A refreshing signpost for the future."

—Professor Claus Schwab, President, World Economic Forum, Geneva

"Readers will be refreshed by Korten's deliberative optimism grounded in a thorough understanding of the human condition and the liberating possibility of mindful choice."

—Elise Boulding, Professor Emerita of Sociology, Dartmouth College

"The Post-Corporate World is an articulate and hopeful expression by one of the leading architects for a postive future. "

—Paul Hawken

"One of the most important books of the twentieth century."

—Dr. Robert Muller, Chancellor, University for Peace, Costa Rica, Former UN Assistance Secretary General and Secretarty if the UN Economic and Social Council

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