Agenda for a New Economy by David C Korten

By David C Korten

Modern day fiscal situation is the worst because the nice melancholy. even if, as David Korten exhibits, the stairs being taken to deal with it -- together with pouring trillions of greenbacks into bailouts for the Wall highway associations that created the mess -- do not anything to accommodate the truth of a failed economic climate. it truly is like treating melanoma with Band-Aids. And the monetary cave in now within the public highlight is just the top of the iceberg. The system's social and environmental mess ups may well finally be much more destructive.Korten identifies the deeper resources of the failure: Wall highway associations that experience perfected the artwork of making "wealth" with no generating something of genuine price: phantom wealth. Its significant avid gamers interact in speculative buying and selling, purchase into asset bubbles, create debt pyramids, and have interaction in predatory lending practices. Their seeming good fortune created an fiscal mirage that led us to think the economic system used to be increasing exponentially, while our monetary, social, and average capital eroded and most of the people struggled ever tougher to make ends meet.Our wish lies now not with Wall highway, Korten argues, yet with major highway, which creates actual wealth from genuine assets to fulfill genuine wishes. He outlines an time table to free up the latent entrepreneurial energies of major highway from Wall Street's lethal grip and produce into being a brand new financial system -- in the community established, group orientated, and dedicated to making a larger lifestyles for all. it's going to require brave and creative alterations to how we degree financial good fortune, manage our economic climate, even the very method we create cash. Korten outlines a tough yet functional time table, summarized on the finish of the publication in his model of the industrial tackle to the country he needs Barack Obama have been in a position to deliver.Korten's goal isn't to provide ultimate solutions yet fairly to impress dialogue of thoughts that robust pursuits desire no longer be pointed out. those pursuits devised the process that has introduced us to the threshold of smash. it is time to shy away from the Wall road procedure of phantom wealth and go back to an economic system firmly rooted within the long term health and wellbeing of individuals and the planet."At final, a e-book by way of considered one of our such a lot magnificent fiscal thinkers that outlines the realcauses of -- and ideas to -- the present monetary quandary. David Korten evokes usto take activities to create a extra simply and sustainable international for ourselves and futuregenerations." (John Perkins, manhattan instances bestselling writer of Confessions of an fiscal Hit guy)

Show description

Read Online or Download Agenda for a New Economy PDF

Best success books

The First 90 Days: Critical Success Strategies for New Leaders at All Levels

No matter if challenged with taking up a startup, turning a company round, or inheriting a high-performing unit, a brand new leader's good fortune or failure is set in the first ninety days at the job.

In this hands-on advisor, Michael Watkins, a famous specialist on management transitions, bargains confirmed concepts for relocating effectively right into a new function at any element in one's occupation. the 1st ninety Days offers a framework for transition acceleration that would aid leaders diagnose their events, craft profitable transition techniques, and take cost speedy.

Practical examples illustrate the right way to find out about new firms, construct groups, create coalitions, safe early wins, and lay the root for longer-term good fortune. moreover, Watkins offers recommendations for averting the most typical pitfalls new leaders come upon, and indicates how members can safeguard themselves-emotionally in addition to professionally-during what's usually an excessive and weak period.

Concise and actionable, this can be the survival consultant no new chief will be with no.

Create Your Future the Peter Drucker Way: Developing and Applying a Forward-Focused Mindset

YOUR destiny starts off TODAY

You can dream it. you could plan it. you could attempt to make it take place. yet you could by no means quite arrange for the long run except you might have a future-focused approach. that's the underlying message at the back of the inspiring phrases and knowledge of Peter Drucker, the mythical "father of contemporary administration. " Drucker believed that the long run has to be created--day via day, individual by way of person--rather than be left to probability or fate.

This strong e-book by way of Drucker student and writer Bruce Rosenstein contains the master's time-tested ideas right into a step by step day-by-day plan that would swap your lifestyles forever.

Starting instantly, you can:
- Create a future-focused mind-set. methods to construct a greater day after today through taking steps today.
- be sure the longer term through what hasalready occurred. search for clues long ago to forecast the future.
- turn into your individual successor. retain your self famous and in command of your destiny.
- form the way forward for your company. transcend the drawing board and create genuine change.
- construct your destiny past your currentworkplace. determine demanding situations and possibilities in all features of your life.

Whether you're a up to date collage graduate confronted with a tricky task industry, an formidable entrepreneur attempting to expect the following massive factor, or a suffering government weathering a typhoon of continuing international swap, Drucker's unusually well timed method of the longer term will consultant youthrough something the area throws at you.

You'll become aware of inventive suggestions for rolling with the punches and touchdown in your toes, open-minded concepts for turning your principles into motion, and the most recent instruments for adapting to new applied sciences like social media and web marketing.

You'll locate inspiring adviceand insights drawn from own interviews with Drucker himself and a few of the best enterprise leaders of our time. most significantly, you'll improve your individual intriguing, forwardthinking method of the long run that willdramatically modify your existence, inside of and outsidethe office.

This is the way you take cost of your future. this can be the way you make your desires come precise. this can be easy methods to Create Your destiny the Peter Drucker Way.

PRAISE FOR CREATE YOUR destiny THE PETER DRUCKER WAY:

"Rosenstein skillfully attracts on either his personal knowledge and that of his mentor to convey a plan for people and companies in making a destiny wealthy in own luck. depart your compass at domestic; all you would like is Rosenstein's new e-book! "
-- MARSHALL GOLDSMITH, million-selling writer of the hot York instances bestsellers, MOJO and What obtained You the following Won't Get You There

"Create Your destiny the Peter Drucker manner offers Peter Drucker as a task version for designing and dwelling your personal destiny, starting within the right here and now. Thebook has improved my realizing of Drucker's paintings and I'm convinced it is going to do an identical for you. "
-- CHIP CONLEY, founder and previous CEO of Joie de Vivre Hospitality; writer of latest York occasions bestseller Emotional Equations

"Rosenstein has opened the door to an immense and sometimes misunderstood sector of Drucker's work--why an figuring out of the longer term is so severe for our improvement as leaders. It confirms my trust of a shiny destiny forward. "
-- FRANCES HESSELBEIN, President and CEO, The Frances Hesselbein management Institute

"In this concise and compelling e-book, Rosenstein offers a distinct contribution: mining the nuggets of Peter Drucker's most crucial paintings concerning the destiny and providing them in a quick, available structure. Bruce is the best individual to make Peter's paintings priceless and priceless during this manner. "
-- BOB BUFORD, Chairman Emeritus, Board of Advisors of The Drucker Institute; writer of Halftime

Real-Resumes for Construction Jobs: Including Real Resumes Used to Change Careers and Transfer Skills to Other Industries (Real-Resumes Series)

Ebook exhibits resumes and canopy letters of individuals looking employment within the building box. integrated are resumes of venture supervisor, chippie, foreman, safeguard supervisor, electrician, brick mason, engineering supervisor, genuine property agent, plumber, task planner, sander, floor installer, inside fashion designer, autonomous contractor, etc.

Golf: Your Turn for Success

Written to assist humans comprehend, play and revel in the sport of golfing at any point.

Extra info for Agenda for a New Economy

Sample text

If we had been paying close attention, we might have noticed that many fortunes were the result of financial speculation, fraud, government subsidies, the sale of harmful products, and the abuse of monopoly power. But this was rarely mentioned. 14 PART I: THE CASE FOR A NEW ECONOMY PHANTOM-WEALTH EXUBERANCE The illusions of Wall Street are captured in the titles and publication dates of popular books such as: Dow 36,000: The New Strategy for Profiting from the Coming Rise in the Stock Market (2000) Dow 30,000 by 2008: Why It’s Different This Time (2004) Why the Real Estate Boom Will Not Bust (2006) It is easy to confuse money with the real wealth for which it can be exchanged — our labor, ideas, land, gold, health care, food, and all the other things with value in their own right.

If not entirely false, this claim is at best seriously misleading, and it obscures our ability to see an obvious nonrepressive alternative. The theory of the market economy traces back to the eighteenth-century Scottish economist Adam Smith and the publication in 1776 of his Inquiry into the Nature and Causes of the Wealth of Nations. Considered by many to be the most influential economics book ever written, Smith’s seminal text articulates the powerful and wonderfully democratic ideal of a self-organizing economy that creates an equitable and socially optimal allocation of society’s productive resources through the interaction of small buyers and sellers making decisions based on their individual needs, interests, and abilities.

Economic growth is disrupting the values and living systems essential to human well-being. Beyond a minimal threshold of consumption, building community, rather than increasing the consumption of stuff, is the key to increasing human health and happiness. Equity Poverty, not equity, is the issue, and the proper response is to kick-start the growth process within the world’s remaining pockets of absolute poverty by introducing technologies and social services funded by foreign aid. Extreme poverty is the inevitable other side of the coin of extreme wealth and can be resolved only through redistribution from those who have more than they need to those who have less.

Download PDF sample

Rated 4.30 of 5 – based on 39 votes