"A publication of the New Economy Working Group." "A declaration of independence from Wall Street"--Cover. Includes bibliographical references.
Contents:
Preface -- Part I : The case for a new economy -- 1. Looking upstream -- 2. Modern alchemists and the sport of moneymaking -- 3. A real-market alternative -- 4. More than tinkering at the margins -- Part II : The case for eliminating Wall Street -- 5. What Wall Street really wants -- 6. Buccaneers and privateers -- 7. The high cost of phantom wealth -- 8. The end of empire -- Part III : Agenda for a real-wealth economy -- 9. What people really want -- 10. Essential priorities -- 11. Liberating Main Street -- 12. Real-wealth financial services -- 13. Life in a real wealth economy -- Part IV : Change the story, change the future -- 14. An address I hope President Obama will onee day deliver to the nation -- 15. When the people lead, the leaders will follow -- Notes -- About the author.
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.
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.