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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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Previews available in: English
Subjects
Economics, Economic policy, Economic Conditions, POLITICAL SCIENCE, Comparative, Economic conditions, Global Financial Crisis, 2008-2009, BUSINESS & ECONOMICS, Economic History, Wealth, Realwirtschaft, Spekulative Blase, Kapitalmarkt, Wirtschaftspolitik, Economic history, Wirtschaftliche Lage, United states, economic policy, 2001-2009, United states, economic conditions, 2001-2009, Wealth--united states, Hc106.83 .k67 2009, 330.973/0932Places
United StatesEdition | Availability |
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Agenda for a new economy: from phantom wealth to real wealth
2009, Berrett-Koehler Publishers
electronic resource :
in English
1605092908 9781605092904
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Edition Notes
"Why Wall Street can't be fixed and how to replace it"--Cover.
Includes bibliographical references (p. 188-193).
Description based on print version record.
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