While significant advances in human wellbeing have been achieved, a large fraction of us have not only been left behind but hundreds of millions are falling in absolute terms—a condition that obviously places the entire human community at growing risk. However, recent advances in the human sciences coupled with the obsolescence or negation of great-power aggression due to fearsome nuclear arsenals makes possible the ascent or climb of everyone to the high plateau of universal wellbeing, justice, and security. …We now know that market instability—the natural tendency of free and open markets to increasingly divide us into rich versus poor—is sufficient in itself to explain the persistence of poverty. This new conclusion has emerged from investigative learning over the past few years that reveals or shows the unsound character of neoclassical economics and also deepens the paradigm to the neuropsychological foundation. The new paradigm has recommended (already applied and beneficial) national and international policies for economic stability and development …In the present article the primary emphasis is on the recent World Bank sponsored Spence Report, which documents the growing international departure from the Washington Consensus and provides recommended adjustments. The prescriptions of the report—most prominent in their rejection of foreign hegemony or dominance in favor of local control and experimentation—are welcomed, but recapitalization of the poor and cross-border transaction-damping, already applied and beneficial around the world, are overlooked. In addition to correcting these oversights in the present article, the complementary Discretionary-Power Principle of Justice as a basis for negotiating and resolving redistribution conflicts is elaborated and recommended. …While struggle and hardship will not easily retreat, we can be increasingly confident of progress in our new age of shared danger and growing knowledge.