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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Sound Bites

Short elements for early education in the economic alternatives.

  1. Free Wage Earners’ Capital!

  2. Stop Economic Cannibalism!

  3. Speculate with Your Own Money!

  4. Leadership to Economic Common Purpose

  5. Tax Incentives for Good Capitalism!

  6. Break the Political Gridlock!

  7. Listen to Henry!

  8. They’re Feasting on Your Pension!

  9. Federal Reserve Board’s Mission

  10. American Leaders, Please Stand Up!

  11. Mother of All Lies

  12. Repeal the Repeal!

  13. A Nuclear Holocaust?

  14. Root Problem Solved

  15. Fix Education-Bottom-Up!

  16. Reaffirm Idealism!

  17. Job Growth or Casino?

  18. An Enron Protector

  19. Warning, Bad Storm Coming!

  20. Trust the People!

  21. Better Governance

  22. American Nightmare

  23. Citizens Choice

  24. It's The Economy Stupid!

  25. Freeing the Mind , Body, and Spirit

  26. Contempt for Generic Capitalism

  27. Class Warfare

  28. Wrong Focus

  29. Corporate Surplus: Cash Available for Growth Investment

  30. Grow Your Company

  31. Corporate Surplus-3

  32. Joe the Plumber: Biden vs Welch

  33. Skin in the Game

  34. Claw Back

  35. Alligators in the Swamp

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.


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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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