YES Magazine's David Korten

"In the world we want, the organization of economic life mimics healthy ecosystems that are locally rooted, highly adaptive, and self-reliant in food ad energy. Information and technology are shared freely, and trade between neighbors is fair and balanced."

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Published on Saturday, June 6, 2009 by YES! Magazine

Why This Crisis May Be Our Best Chance to Build a New Economy

by David Korten

Wall Street is bankrupt. Instead of trying to save it, we can build a new economy that puts money and business in the service of people and the planet-not the other way around. Whether it was divine providence or just good luck, we should give thanks that financial collapse hit us before the worst of global warming and peak oil. As challenging as the economic meltdown may be, it buys time to build a new economy that serves life rather than money. It lays bare the fact that the existing financial system has brought our way of life and the natural systems on which we depend to the brink of collapse. This wake-up call is inspiring unprecedented numbers of people to take action to bring forth the culture and institutions of a new economy that can serve us and sustain our living planet for generations into the future. Read more.