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

David C. Korten explains the concept of “phantom wealth” and discusses how economic systems can be redesigned to focus more on real needs and community well-being.

David C. Korten is an American author, economist, and former business professor known for his writings on economics, globalization, corporations, and sustainable development.

The book explores the causes of economic instability and the limitations of a financial system focused heavily on money and speculation. Korten proposes a shift toward locally oriented economies that prioritize real resources, communities, and quality of life.