Agenda for a New Economy: From Phantom Wealth to Real Wealth
- 336 pages
- 12 hours of reading
The book critiques the financial bailouts following the economic meltdown, highlighting their ineffectiveness in addressing systemic failures. Korten argues that Wall Street's practices, such as speculative trading and predatory lending, contributed to the crisis. In this revised edition, he assesses progress and setbacks since the first release, emphasizing a shift towards Main Street and real wealth. A new chapter discusses the Obama administration's failure to tackle the underlying issues, suggesting that without change, economic, social, and environmental crises will persist.