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Agenda for a New Economy, 2nd Edition by David C. Korten

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CHAPTER 15A PRESIDENTIAL DECLARATION OF INDEPENDENCE FROM WALL STREET I HOPE I MAY ONE DAY HEAR

In a February 2010 interview with BusinessWeek, President Obama sought to reassure corporate America that he was on their team. “We are pro-growth. We are fierce advocates of a thriving, dynamic free market. But we do think that there have to be some rules of the road.”1

These words were less reassuring for those of us looking for signs that there is a New Economy vision lurking in our visionary president’s mind. Rules of the road are essential to prevent crashes, but if the road ends at the edge of a cliff and is populated by gas- guzzling SUVs with jammed accelerators and defective brakes, then rules to order the flow of traffic are not sufficient. ...

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