Book Cover

Democratic
Capitalism,  The Way to a World of Peace and Plenty
by Ray Carey

Hard/Softcover/Kindle - 5 May, 2004, Available on Amazon.com

Ray Carey presents the theory and practice of democratic capitalism by coupling his experience with a synthesis of the thought of Adam Smith, Karl Marx, and John Stuart Mill.  The empirical evidence is clear: democratic capitalistic companies produce superior results, and nations that support economic freedom and keep money neutral improve the lives of their people.


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Essays

Articles on how to implement the superior economic system while neutralizing the domination by finance capitalism.

 

  1. Wise Men

  2. Dumb Money

  3. Greider on Fed Board

  4. Give the Federal Reserve the Needed Tools

  5. Perversions of Capitalism

  6. Generic Capitalism

  7. Don't Blame Capitalism

  8. Worker Capitalism

  9. Help the Victims

  10. Reform Agenda

  11. Angry Enough?

  12. Educators: Real Reform Depends on You

  13. Citizens Agenda

  14. No More Recessions

  15. 2004 Dialogue with Adam Smith

  16. A Crossroad in Human History

  17. Citizen Forum

  18. Enlightenment II, The Integration of Knowledge for Social Progress

  19. Invest the Peoples’ Capital, or
    How the Government Corrupted Capitalism 

  20. Keynote Speech at Gardner High School, Gardner Mass  Jun 2006

  21. The Greatest Opportunity in Human History

  22. A Critical Opportunity for Educators

  23. Ultra-Capitalism is in the Way

  24. The Greatest Oportunity in Human History

  25. Democratic Capitalism - A Team Sport

  26. Adam Smith: A World of Plenty


Ray CareyRay Carey

Ray Carey learned through managing companies for 33 years how to change the work culture to provide employees with their best opportunities to develop and contribute. This experience began as a 28 year old plant manager and later president of an electric motor company, and concluded with eighteen years as president , chairman, and CEO of ADT, Inc.

See Carey's autobiography of his work career in chapter two of his first book,

Democratic Capitalism, The Way to a World of Peace and Plenty.

For more information about Ray Carey and his advocacy of democratic capitalism, visit the pages of this website.


Most Recent Post

Democratic Capitalism: The Way to a World of Peace and Plenty

Capitalism produces wealth from market freedom and competition, democratic capitalism maximizes wealth from worker participation. Their sharing in the improvement sustains motivation and adds consumer income that increases economic growth. The value system is trust and co-operation, the impediments are mal-distribution of wealth and violence among nations and people.

Surplus wealth was built by firing workers engaged in growth programs and by not increasing wages for productivity gains. Corporations avoiding taxes left $6 trillion of this surplus sitting in foreign accounts. The distribution of this surplus depends on a critical Board decision. It should be returned to the workers in wages, dividends, and profit sharing that add to economic growth, but managers influence Boards to repurchase shares to hype the value of options while hurting economic growth.

The workers are now capitalists through their pension funding, but they are not yet organized to influence policy. Finance capitalism continues to dominate the economy and influence politicians. Reformers who should correct this capitalist perversion do not understand wealth production from democratic capitalism; instead they concentrate on the political structure that distributes wealth.

CCDC June 27, 2017

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