Rethinking the American Way
Our current world-wide economic crisis is the worst since the Great Depression. The government's solution is to pour billions of taxpayer dollars into banks and businesses. But a growing number of economists say the fundamentals of our economy are false - and now is the time for a major overhaul of our capitalistic system.
Earthbeat host Daphne Wysham speaks to David Korten on the idea of getting rid of Wall Street entirely - and rebuilding a new, green economy. Korten is the author of the upcoming book Agenda for a New Economy: From Phantom Wealth to Real Wealth. David is the co-founder of the Positive Futures Network, which publishes YES! Magazine. His previous work includes the books, "When Corporations Rule the World," and "The Great Turning."
Then we turn to President-Elect Barack Obama's economic stimulus package - and how to ensure that it supports truly green industries. Corry Westbrook, the legislative director for the National Wildlife Federation joins the discussion with Kate McMahon, the Energy and Transportation Policy Campaigner for the Friends of the Earth.
Download this edition of Earthbeat.
Image used courtesy of Scott Ableman via Flickr.