Special Programming: Public Affairs on 01/29/09
Host Stephanie Potter interviews David C. Korten about his new book "Agenda for a New Economy: From Phantom Wealth to Real Wealth: Why Wall Street Can't Be Fixed and How to Replace It."
Korten identifies the deep sources of the current economic crisis: Wall Street institutions that have perfected the art of creating "wealth" without producing anything of real value: phantom wealth.
David Korten is president and founder of the People-Centered Development Forum, Chair of the Board of Yes! Magazine, and he serves as a board member of the Business Alliance for Local Living Economies. He is the author of "The Great Turning," "The Post-Corporate World," and "When Corporations Rule the World."