Agenda for a new economy : from phantom wealth to real wealth / David C. Korten

By:

Korten, David C

Material type: Text

TextSeries: BK currents bookPublication details: San Francisco : Berrett-Koehler Publishers, c2009Description: xiii, 196 p. ; 22 cmISBN:

9781605092898 (pbk.)
1605092894 (pbk.)

Subject(s):

Contents:

The case for a new economy -- The case for eliminating Wall Street -- Agenda for a real-wealth economy -- Change the story, change the future

Summary: 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. Korten identifies the deeper sources: 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.--From publisher description

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Holdings ( 1 )
Title notes ( 3 )

Holdings
Item type	Current library	Call number	Copy number	Status	Date due	Barcode
Open Shelf	UMPLIB GAMBANG	HC106.83 .K67 2009 (Browse shelf(Opens below))	1	Available		0000047585

Includes bibliographical references (p.188-193)

The case for a new economy -- The case for eliminating Wall Street -- Agenda for a real-wealth economy -- Change the story, change the future

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. Korten identifies the deeper sources: 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.--From publisher description