Beyond the Bailout: Agenda for a New Economy |
Thursday Dec 04 2008
By David Korten | Website
The financial crisis has put to rest the myths that our economic institutions are sound and markets work best when deregulated. Our economic institutions have failed, not only financially, but also socially and environmentally. This, combined with the election of a new president with a mandate for change, creates an opportune moment to rethink and redesign. President-elect Obama has promised to grow the economy from the bottom up. That would be a substantial improvement over growing the top at the expense of the bottom.
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Written by eldering at The Great Turning
Tagged with: bailout_package financial_crisis sustainable_economy wall_street
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