Acknowledgments
Prologue: A Question of Values
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 Replacing Wall Street
5: What Wall Street Really Wants
6: Buccaneers and Privateers
7: The High Cost of Phantom Wealth
8: The End of Empire
9: Greed Is Not a Virtue; Sharing Is Not a Sin
PART III A Living-Economy Vision
10: What People Really Want
11: At Home on a Living Earth
12: New Vision, New Priorities
PART IV A Living-Economy Agenda
13: Seven Points of Intervention
14: What About My. . .?
15: A Presidential Declaration of Independence from Wall Street I
Hope I May One Day Hear
PART V Navigating Uncharted Waters
16: When the People Lead, the Leaders Will Follow
17: A Visionary President Meets Realpolitik
18: Change the Story, Change the Future
19: Learning to Live, Living to Learn
Epilogue: The View From 2084
Notes
Index
About the Author
David Korten is president and founder of the People-Centered Development Forum, chair of the board of YES! magazine, and a founding board member of the Business Alliance for Local Living Economies. He is the author of The Great Turning, The Post-Corporate World, and When Corporations Rule the World.
“It’s time for a fundamentally new economic model—Agenda for a New
Economy is a much-needed road map for those ready to get
started.”
—Annie Leonard, author and host of The Story of Stuff
“At last, a book by one of our most brilliant economic thinkers
that outlines the real causes of—and solutions to—the current
economic crisis.”
—John Perkins, New York Times bestselling author of Confessions of
an Economic Hit Man
“A thought-provoking, comprehensive, and readable reappraisal of
the great economic and market challenge of our time.”
—David Brancaccio, PBS host
“Finally a bold Obama-era agenda that soars above the mild reforms
that are grabbing daily headlines and actually meets the daunting
challenges posed by the Wall Street and planetary crises.”
—John Cavanagh, Director, Institute for Policy Studies
“In this new edition of his groundbreaking book, David Korten steps
up with a new, practical and energizing guide we all can use to
transform today’s economic disaster into a Living Democracy.”
—Frances Moore Lappé, author of Getting a Grip 2 and Diet for a
Small Planet
“What I love about this edition of Agenda for a new Economy is that
David Korten brings together previously fragmented ideas about how
to move forward into a compelling, cohesive framework for personal,
community and government action. This book will get you from ‘yes,
but how?’ to ‘yes, and here's how’. ”
—Alisa Gravitz, Executive Director, Green America
“David Korten has updated and strengthened an already timely and
insightful book. No one has done a better job at bringing together
the multiple crises—economic, environmental, social, political—in
which we find ourselves today. His vision of the path forward is
clear and compelling.”
—James Gustave Speth, Dean of the Yale School of Forestry and
Environmental Science, former Administrator, United Nations
Development Programme, and author of The Bridge at the Edge of the
World
"At an urgent moment in human history, David Korten offers a new
way to organize our economy that is both inspired and deeply
practical. This is a must-read guide to creating a viable
future."
—Stacy Mitchell, senior researcher, Institute for Local
Self-Reliance; chair, American Independent Business Alliance; and
author of Big Box Swindle
“Faith communities at their best help us see and believe in what is
possible, and help us face inconvenient truths and uncomfortable
realities. At their worst, faith communities kill dreams and
reinforce fantasies. David Korten's new book can help all of us who
lead and participate in faith communities to fulfill our best
potential and stop playing to our worst. It's urgent, important,
clear, and downright inspiring, and it challenges us to pursue what
is excellent, mature, and real.”
—Brian McLaren, author of A New Kind of Christianity
“David Korten tells the truth like no one else—a truth our planet
needs us to hear.”
—Marjorie Kelly, cofounder, Corporation 20/20; founding editor,
Business Ethics magazine; and author of The Divine Right of
Capital
“Korten turns conventional economic thinking upside down and inside
out. This book reveals what is really going on in the U.S. and
global economy—and what can and should be done about it."
—Van Jones, founder of Green for All and author of The Green Collar
Economy
“Just as the global economy crumbles, David Korten’s timely plan
for a new economy—a locally based living economy—will keep
Spaceship Earth on a steady course, while bringing greater equality
and strengthening our democratic institutions. And as if that were
not enough, it will bring us more joy.”
—Judy Wicks, cofounder and chair, Business Alliance for Local
Living Economies
“David Korten shows that patching the tires of a vehicle
that’s going over a cliff is neither sane nor acceptable. But
the financial crisis can be a healing crisis, and Korten gives us
prescriptions that could actually give us a thriving and just
economy that works for people and the planet.
—Vicki Robin, coauthor of Your Money or Your Life and cofounder,
Conversation Cafes
“The most important book to emerge thus far on the economic crisis.
David Korten provides real solutions.”
—Peter Barnes, cofounder, Working Assets, and author of Capitalism
3.0
“A great book. Korten provides solutions far beyond economics. If
we care about the health, safety, education, and well-being of our
society, and want to create a world with a semblance of social and
economic equity, this book is the next big step in that
direction.”
-- Peter Block, author of Community and Stewardship
“A stirring defense of life and liberty. Guided by the hand of Adam
Smith, David Korten paints a spirited picture of a new economy: in
bold strokes, from the Earth up, and for all the people. Obama
watchers, take note—page after page, redesign trumps reform and
shouts, ‘Yes, we can!’”
—Raffi Cavoukian, singer, author, entrepreneur, ecology advocate,
and founder of Child Honoring
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