Money is a mechanism for control
Money is a mechanism for control
David Korten, a prominent economist and author, has long argued that money is a mechanism for control in our society. In his book "When Corporations Rule the World," Korten delves into the ways in which money is used by powerful corporations and governments to manipulate and dominate individuals and communities.One of the key ways in which money is used as a mechanism for control is through the concentration of wealth in the hands of a few. Korten argues that when a small group of individuals or corporations control the majority of wealth in a society, they are able to exert significant influence over political and economic decision-making. This concentration of wealth leads to a power imbalance, where those with money have the ability to shape policies and systems to their advantage, often at the expense of the majority of people.
Furthermore, Korten highlights how money is used to create dependency and debt among individuals and communities. Through practices such as predatory lending, high-interest rates, and exploitative labor practices, corporations and financial institutions are able to keep people in a cycle of debt and poverty. This dependence on money not only limits individuals' freedom and autonomy but also serves to reinforce the power dynamics that exist in society.
Additionally, Korten argues that money is used as a tool for social control, shaping people's values, beliefs, and behaviors. The pursuit of wealth and material possessions is often glorified in our society, leading individuals to prioritize financial success over other aspects of their lives. This focus on money can lead to a culture of competition, greed, and individualism, which serves to further entrench existing power structures and inequalities.