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Agenda For A New Economy

9780070147034
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From Phantom Wealth to Real Wealth

Why Wall Street Can’t Be Fixed and How to Replace It

A Declaration of Independence from Wall Street

Today's economic crisis is the worst since the Great Depression. However, as David Korten shows, the steps being taken to address it do nothing to deal with the reality of a failed economic system. It's like treating cancer with a bandage. Korten identifies the deeper sources of the failure: Wall Street institutions that have perfected the art of creating "wealth" without producing anything of real value: phantom wealth.

Our hope lies not with Wall Street, Korten argues, but with Main Street, which creates real wealth from real resources to meet real needs. He outlines an agenda to create a new economy-- locally based, community oriented, and devoted to creating a better life for all, not simply increasing profits. It will require changes to how we measure economic success, organize our financial system, even the very way we create money, an agenda Korten summarizes in his version of the economic address to the nation he wishes Barack Obama were able to deliver.

 

Selling Rights Indian Sub-Continent Only
Packing Weight 0.5 kg
ISBN 9780070147030
Author David C. Korten
Publisher Tata Mcgraw-Hill
Language English
Page count 196
Book Format Paper Back

Categories: Economics & Law Business & Management Self-Help Books

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