“The old story economics asks, ‘What will generate the greatest financial return?’ The new story economics will ask, “What would nature do?”
“Creating a ‘new story economics’ may be one of the defining intellectual challenges of our time.”
These are but two of the thought-provoking paragraphs in what I found to be a very interesting essay by David Korten in YES! Magazine, a publication of which he is board chair. The essay is entitled, It’s a “Story Problem”: What’s Behind Our Messed-Up Economy.
Among other things, Korten is the author of Agenda for a New Economy: From Phantom Wealth to Real Wealth and a founding board member emeritus of the Business Alliance for Local Living Economies.
In the essay, Korten says, “The peoples of earlier times prospered from the guidance of simple stories that offered answers to their deepest questions. We need those now more than ever.”
To access Korten’s essay, click here. If you have any thoughts you’d like to share with River Country Journal readers after checking out his article, feel free to use the ‘Leave a Reply’ comment form you’ll find at the bottom of this page.
River Country Journal