Book Cover

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

Hard/Softcover/Kindle - 5 May, 2004, Available on

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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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

CCDC 2/7/2018 - Rejection

Updated on February 8, 2018

Owen decentralized to the work station and let the workers run their jobs. This was the key to motivate the workers to produce and innovate more. It required a management that understood the philosophy and were trained and motivated in it themselves. The Mercantile philosophy, however, was still one of maximizing profits by suppressing wages and benefits. In contrast, Owen's capitalism added worker income that was spent to the benefit of economic growth called the "multiplier effect".

Owen understood that the "intellectual" community demeaned his proposals. Early in the 19th century Owen had demonstrated the capitalism in which capital and labor were synergistic.Owen also identified the intellectual negative attitude towards capitalism that continues to the present.

This is still the challenge to the intellectual community to study the alternatives in capitalism in order to promote the one that maximizes the amount of wealth and distributes it broadly.

Owen joined the Manchester Literary and Philosophical Society. Its members were the elite of the town whose manners had been acquired in respected schools. In their company Owen never forgot his origins: 

I was yet but an ill-educated awkward youth, strongly sensitive to my defects of education, speaking ungrammatically, a kind of Welsh-English …I felt the possession of ideas superior to my power of expressing them, and this always embarrassed me with strangers, and especially when in the company of those who had been systemically...

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