Agenda for a New Economy: From Phantom Wealth to Real Wealth by David C Korten

By David C Korten


Nearly years after the monetary meltdown, monetary restoration nonetheless turns out promise. determined, overwhelming want for swap has now not triumph over Washington’s timid choice for the established order. Joblessness and foreclosure stay endemic, and every day brings scandalous new revelations of outrageous Wall highway bonuses and corruption.

Issued as a file of the hot financial system operating crew, this considerably up to date and increased new version of schedule for a brand new financial system is a decision for a countrywide statement of Independence from Wall highway. what's wanted, Korten argues, is a procedure that favors lifestyles values over monetary values, roots energy in humans and group, and helps neighborhood resilience and self-organization inside of a framework of residing markets and democracy. the recent variation is a instruction manual for a nonviolent major road revolution – simply because switch, as he explains, won't come from above. it's going to come from below.

The root of the matter, as special greatly within the first variation of time table for a brand new financial system, is still what it used to be in 2008: Wall highway associations that experience perfected the artwork of constructing “phantom wealth”—mere numbers on paper—without generating something of genuine price and with none considered the social effects. within the re-creation, Korten examines how occasions on account that September 2008 have confirmed that the predatory Wall highway leopard can't swap its spots and explains why a visionary new president opted for marginal reform. He fleshes out his imaginative and prescient of the choice to the company Wall road economic climate: a first-rate road economic climate in accordance with in the community owned, community-oriented “living organizations” whose luck is measured as a lot by way of their optimistic effect on humans and the surroundings as via their confident stability sheets. most significantly, he deals a groundbreaking plan as to what we as voters can do to damage throughout the political paralysis and change the phantom-wealth Wall road process with a living-wealth major highway process that's conscious of the desires and values of standard people.

2011 self reliant writer ebook Award silver medalist!

Show description

Read or Download Agenda for a New Economy: From Phantom Wealth to Real Wealth PDF

Similar success books

The Mind Accelerator: Your Lexicon for Success

The brain Accelerator—the world's first working process for success—is a twelve-day, four section application of brain acceleration that might gain readers in almost all in their educational, specialist, and private pursuits.
The application is designed to augment the 4 relevant elements that be certain the effectiveness and luck cost of a human procedure: 1) the conceptual kingdom and inner fact of the brain, 2) the pondering skill of the brain, three) the educational skill of the brain, and four) the mind’s skill to do so and create results.

Phase 1 serves up razor sharp step by step routines and techniques that slice to the very center of the unconscious brain: operating to knock down the inner partitions the reader has unknowingly equipped and optimize their self inspiration and psychological state.

Phase 2 provides a enjoyable and confirmed strategy for expanding the readers IQ, accelerating neural transmission speeds and dramatically bettering all 8 in their intelligences.

Phase three introduces the reader to a analyzing procedure that might enormously enhance their skill to method info (speed and comprehension).

Phase four is an cutting edge destiny Formulator and challenge Builder, which exhibits the reader the right way to conceive pursuits, configure them and software those ambitions into their brain: therefore, fabricating a courageous new destiny for themselves.

Upon finishing touch of The brain Accelerator, the reader is supplied with their working approach for achievement and poised for large achievement.

To facilitate the educational strategy, clients obtain limitless specialist help from Volition concept condominium to make sure they've got all of the advice they require. This progressive point of provider has led to tremendously excessive consumer luck charges, making profound psychological progress and the success of private objectives nearly assured for each Accelerating brain.

Making Good: Finding Meaning, Money, and Community in a Changing World

As we emerge from the recession, a iteration is looking for functional solutions approximately the way to prevail and make optimistic swap on the earth. With real-life luck tales and functional suggestion and exercises, Making sturdy outlines how to define possibilities to impression switch and earn money. These opportunities usually are not only for marketers and Fortune 500 businesses: Making strong exhibits step-bystep how anybody can in achieving monetary autonomy, capitalize on worldwide adjustments to infrastructure, and study from daily luck stories--providing the abilities and insights this iteration must be triumphant and construct careers and lives of final result.

A Whack on the Side of the Head: How to Unlock your Mind for Innovation

Revised and improved for the Nineties, here's the bestselling creative-thinking vintage written through America's most popular creativity advisor. Illustrated.

Biological Control: Measures of Success

In addition to reading profitable organic regulate programmes this ebook analyses why nearly all of makes an attempt fail. Off-target and different unwanted effects of organic regulate also are handled. Chapters contributed via major overseas researchers and practitioners in all parts of organic keep an eye on have the funds for the publication a breadth of assurance and intensity of study impossible with a unmarried writer quantity.

Extra info for Agenda for a New Economy: From Phantom Wealth to Real Wealth

Example text

The corporate charter suits this purpose well: It creates the legal capacity to amass under unified management the power of virtually unlimited financial capital; moreover, the shareholders who benefit are exempted from liability for the consequences of management’s actions beyond the amount of 28 PART I: THE CASE FOR A NEW ECONOMY their investment. It is an open invitation to abuse to which even saints are prone to succumb. That said, there are incorporated businesses with identifiable responsible owners who live in the communities in which their businesses are located and who operate their corporations as responsible members of their community.

Main Street is the healthy tissue and the foundation of the New Economy. CHAPTER 4 MORE THAN TINKERING AT THE MARGINS W hen economic failure is systemic, temporary fixes, even very expensive ones like the Wall Street bailout, are like putting a bandage on a cancer. They may create a temporary sense of confidence, but the effect is solely cosmetic. IT’S OVER Appropriate and effective action needs to begin with a recognition that we can no longer organize our economic life in the ways to which we have become accustomed.

The stronger the relations of mutual trust and caring, the more the market becomes self-policing. The need for formal governmental oversight and intervention is minimal. An economy of powerful corporations governed by a culture of greed and a belief that it is their legal duty to maximize returns to shareholders is quite a different matter and is difficult for even the strongest governments to control. A REAL-MARKET ALTERNATIVE 31 • Complete information must be available to all partici- pants, and there can be no trade secrets.

Download PDF sample

Rated 4.06 of 5 – based on 13 votes