Why would it not, money is what makes the “world go round”, at least that is what the American people are lead to believe. However, when it comes to the rise and fall of the stock market everyday essentials are not affected as one may think. The book, When Corporations Rule the World, written by David C Korten, speaks of a time in 1987 where investors lost a total of $1 trillion, however homes, factories, office buildings, roads, and real estate did not change. Kurtzman mentioned that this $1 trillion could not have actually fed anyone in the world. (Korten 207) This is an interesting fact to ponder. While the world may not have been to effect by this seemingly tragic event, investors and big corporations were losing money. Corporations then started to think how they could grow their stock price as quickly as possible, in response to try and repair their company’s wealth. This would in turn gain the corporation the most
Why would it not, money is what makes the “world go round”, at least that is what the American people are lead to believe. However, when it comes to the rise and fall of the stock market everyday essentials are not affected as one may think. The book, When Corporations Rule the World, written by David C Korten, speaks of a time in 1987 where investors lost a total of $1 trillion, however homes, factories, office buildings, roads, and real estate did not change. Kurtzman mentioned that this $1 trillion could not have actually fed anyone in the world. (Korten 207) This is an interesting fact to ponder. While the world may not have been to effect by this seemingly tragic event, investors and big corporations were losing money. Corporations then started to think how they could grow their stock price as quickly as possible, in response to try and repair their company’s wealth. This would in turn gain the corporation the most