Thursday, January 6, 2011

vision for a new economy

David Korten is one of my favorite visionaries. He posted a direct call to action piece on his blog yesterday. In it he says we have yet to have a much needed conversation about the 2008 Wall Street debacle. He calls for a meaningful conversation that goes beyond finger-pointing. Here's part of what he said.

"We have yet to engage in a much-needed national conversation that addresses essential, yet unasked, questions. For example:

  • Do Wall Street institutions do anything so vital for the national interest as to justify opening the national purse strings and showering them with trillions of dollars in order to save them from the consequences of their own excess?
  • Is it possible that the whole Wall Street edifice is built on an illusion that has no substance yet carries deadly economic, social, and environmental consequences for the larger society?
  • Might there be other ways to provide necessary and beneficial financial services with greater effectiveness and at less cost?"

To read the entire article go to Yes! Magazine and begin following his series on "Agenda for a New Economy."