The ‘Great Recession’ of the last few years has been fertile soil for the emergence of new economic initiatives. People worldwide have grown weary of the inequalities in our modern societies and many have come to understand that it is our current economic system that actually creates and exacerbates many of our problems. This revelation has opened many minds to different ways of thinking and acting in our personal lives and communities. As a result, a significant wave of positive initiatives has taken off and accelerated all over the world. We must use this momentum for a new economy to face our greatest financial challenges, epitomized by the current US debt ceiling crisis.