The following is an excerpt from a new book by James G. Speth, America the Possible: Manifesto for a New Economy (Yale University Press, 2012). Speth envisions a future America in which citizens have created a sustainable and desirable society, and lived up to our present challenges. The vision...

Over the past century, the United States has played a leading role in the global economic system, as the largest economy, financial hub, and development model. However, the US political economy is failing across a broad front – environmental, social, economical, and political – which affects...

America's present system of political economy is failing across a broad front — economic, social, political, and environmental.