The Speech President Obama Should Deliver... But Won't

David Korten's new book Agenda for a New Economy: From Phantom Wealth to Real Wealth
outlines an agenda to bring into being a new economy-locally based,
community oriented, and devoted to creating a better life for all, not
simply increasing profits.

In this special pre-publication
excerpt, Korten summarizes his version of the economic address to the
nation he wishes Barack Obama were able to deliver.

Obama was elected to the U.S. presidency on a promise of change. Before
his inauguration, indeed before his election, I drafted the following
as my dream for the economic address he might deliver to the nation
during his administration in fulfillment of the economic aspect of that
promise. It is the New Economy agenda presented in the style of
candidate Obama's political rhetoric.

I suffer no
illusion that he will deliver it. He has surrounded himself with
advisers aligned with Wall Street interests in an effort to establish
public confidence in his ability to restore order in the economy.
Because there has been no discussion of any other option, to most
people "restoring order" means restoring the status quo with the
addition of a job-stimulus package, and that is most likely what he
will try to do.

This speech presents the missing
option-the program that a U.S. president must one day be able to
announce and implement if there is to be any hope for our economic,
social, and environmental future.

Here is the address:

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