David Korten on Capitalist Myth Busting

Capitalism builds its legitimacy on a foundation of cultural myths. Expose the myths and its legitimacy crumbles.....The following are examples:

  • Life is more valuable than money.

  • Life is the source of all true wealth. Destroying
    life to make money is a social pathology.

  • Democracy is an obvious alternative to corporate rule.

  • A market economy is an obvious alternative to both
    capitalism and socialism.

  • True prosperity means every person has an
    adequate and fulfilling means of living.

  • Most people are by nature cooperative and compassionate.

  • Natural rights reside only in living beings.

  • It is the right of all people to participate in
    the decisions that shape their lives.

  • Political democracy is inseparable from economic democracy.

  • Human institutions have only the power we choose to
    yield to them.

  • Laws made by people can be changed by people.


    (David Korten, 333)