June 2010

Agenda for a New Economy: From Phantom Wealth to Real Wealth


This second edition of Agenda for a New Economy explains why a visionary new president opted for marginal reform and what we as citizens can do to break through the political paralysis. It issues a call for a national Declaration of Independence from Wall Street and provides a handbook for a nonviolent Main Street revolution.

Agenda identifies the system by which money is created and allocated as the ultimate instrument of social control in modern society. It breaks new ground in outlining a clear and coherent plan to replace the corrupted life-destroying phantom-wealth Wall Street money system with a life-serving living-wealth Main Street money system that favors life values over financial values, roots power in people and community, and supports local resilience and self-organization within a framework of living markets and living democracy.

This book builds on the simple premise that the only legitimate purpose of an economy is to support people in meeting their needs for the basic goods and services needed for a full and healthy life in ways that are dignified and spiritually fulfilling. If existing economic institutions fail to fulfill this purpose, it is the democratic right of the people to change them.

Author: David Korten

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