Beyond the Bailout: Play by Market Rules |
Thursday Dec 11 2008
By David Korten | Website
Read the previous post in this series.
Once we extinguish the immediate fire, we can turn our attention to redesigning the potentially beneficial institutions of finance to align with the imperatives of sustainability and equity. Ironically, given the excesses committed by Wall Street in the name of market freedom, the economy we need to create looks remarkably like the market economy vision of Adam Smith, revered by many as the father of capitalism.
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Written by eldering at The Great Turning
Tagged with: local_market_economies market_rules