TABLE OF CONTENTS

PRINT Summer 2009

EDITOR’S LETTER

VALUE SYSTEMS

AT ISSUE IN SO MANY SYSTEMIC DILEMMAS facing the United States today—whether in banking, health care, or energy infrastructure—is a fundamental economic question: How can one generate new sources of value and wealth? Our ability to skirt the long shadow of global warming, for instance, would seem inextricably linked to a broad transformation of industry—so that one kind of mass employment, revolving around the production of gas guzzlers, say, might give way to another, revolving around the production of electric, solar, and wind power and technology. From a certain perspective, to say as much is merely to restate conventional economic wisdom, whereby developments and design solutions that triumph on capitalism’s playing field of innovation are by and large amply rewarded; even the fact that value is a question not only of answering but also of creating demand is the stuff

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