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David Korten's "New Agenda Economy" delves into the critical transition required to move from an unsustainable system built on 'phantom wealth'—speculative and unearned gains—to a 'real economy' that prioritizes genuine human and ecological well-being. This framework challenges conventional economic thinking, advocating for profound structural changes that foster equity, resilience, and a sustainable future for all communities.

The era of 'Cowboy Economics,' characterized by unchecked resource exploitation and disregard for long-term consequences, is fading. This shift calls for a new economic paradigm that prioritizes sustainability, environmental responsibility, and equitable wealth distribution. Moving beyond the 'Cowboy' mentality requires a fundamental rethinking of our economic systems to ensure a future of responsible growth and prosperity for all.