David C. Korten's When Corporations Rule The World

Introducing, When Corporations Rule the World, sounded a global alarm about twenty years ago. The consolidation of power in a global economy ruled by corporations posed a threat to markets, democracy, human, and life itself, that continues to grow. Within the cooperate power it is more operated beyond human control, its consequences begins to be more devastating and now the system collapse is more certain and approaching. In the Ultimate Tyranny section of the introduction, David C. Korten, the author of When Corporations Rule the World, briefly explains that he used the term capitalism in the original edition of the book. Moving forward he expresses how people would miss that”…the book is about structure and dynamics of capitalism that’s stripped of its relentlessly promoted PR façade as the global champion of human liberty, democracy, and the market economy.” (Korten 20) Korten stated in the book that there are many …show more content…
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