Capitalism or Socialism? There’s an Even Better Option by David Korten — YES! Magazine

http://www.yesmagazine.org/new-economy/capitalism-or-socialism-theres-an-even-better-option-20160406

There is no political democracy without economic democracy.

In any economic system, power resides with the owners of the means by which people make their living. The power of kings resided in their ownership of the lands and waters from which their subjects harvested their food and quenched their thirst. Under socialism, government owns these assets in the name, but not necessarily the interest, of the people.

Thanks. God bless.

Aaron

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