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The claim that capitalism is the embodiment of democracy and that open markets are the equivalent to freedom is constant and goes virtually unchallenged. The way the story goes is, unleashed from the oppressive hand of government regulation, the invisible hand of the market enables corporations to bring prosperity to all. In this period of where corporations seemingly rule the world is there an alternative vision?
David Korten did his graduate work at Stanford. He taught at the Harvard Business School. An insider in the development establishment for about thirty years, he worked for the Ford Foundation and the US Agency for International Development. Having severed his ties to the past, today he is president of the People-Centered Development Forum. He is the author of When Corporations Rule the World and The Post-Corporate World: Life After Capitalism.
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