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In this new edition of his classic book, David Korten illuminates the convergence of ideological, political, and technological forces that have driven an ever-greater concentration of economic and political power in a handful of corporations and financial institutions and left the market system blind to all but its own short-term financial gains. As he vividly documents, the social and environmental consequences of these efforts have been devastating....
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English
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Description
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...
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