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VIDEO: Agenda for a New Economy - David Korten

Mr. Korten explains that Wall Street cannot be fixed because it is based on the creation of phantom wealth. He advocates replacement of the stock market system.
"To say it is too late is a self-fulfilling prophesy..

Roosevelt fixed much of the system. His innovations keeping millions from poverty are contested and sometimes dismantled by Republicans and Democrats..

We have to shut down the offshore tax havens and the shadow banking system.

Greed is normalized as a cultural value. Pursuing our own greed benefits all people, we are told by Wall Street and corporate media.

As the Canadian movie "The Corporation" explained, the corporation is sociopathic, incapable of remorse. Pathological dysfunction is celebrated on Wall Street.

Conventional economics should be banned from university instruction since it is pathological and has nothing to do with reality.."

David Korten is the author of "When Corporations Rule the World," "The Great Turning," and recently "Agenda for a New Economy."

to hear David Korten's interview on "Democracy Now," visit

homepage: homepage: http://www.mbtranslations.com
address: address: http://www.davidkorten.org/

David Korten Portland Lecture on His New Book 22.Mar.2009 21:29


Agenda for a New Economy:
From Phantom Wealth to Real Wealth, Why Wall Street Can't be Fixed and How to Replace It

First Unitarian Church
1011 SW 12th Ave.
Friday, May 29, 7:00-9:00

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or Marcia Meyers 503-665-3957