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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Course 2:11

Mother of All Lies

People are propagandized to believe that war is an unavoidable part of human existence rather than an obscene contradiction to reason.

Thekilling by governments of 160 million people during the 20th century was not an historical inevitability but rather mistakes made by a few men with more power than reason. Prussian Field Marshall Moltke pushed the Austrians into attacking the Serbs, starting WW I, and American President Woodrow Wilson’s ignorance of economics at the 1919 “peace” talks led to Hitler and WW II.

American hawks now need to make an enemy out of China to rationalize 1/2 of the world’s military expenditures. Fighting terrorists does not require nuclear subs. If the hawks prevail in this new mistake, Americans will lose legs, arms, and lives in a contrived crisis to “protect” Taiwan as a matter of “national honor.”
China is doing well in its mission to improve the lives of their people though economic freedom.(while lending America the money to fund our deficit).
America’s mission should be to lead the world in economic common purpose, not dominate the world with military might. Citizens must demand this economic priority.

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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CCDC 11/15/2017

HANSOME ENERGY SYSTEMS INC.
November 14, 1995
Diane Dunlap
Dean, Graduate School
Hamline University

Dear Dean Dunlap:

I was very happy to hear about the plans for the “Carey Center” at Hamline University. It has been a source of much frustration to me that business concepts which I have seen working and which I admire have so little visibility in academia.

Ray Carey was Chairman of the Board and CEO of ADT Security Systems Inc. when I joined their Engineering Department in 1973. My specialty was Microwave Transmission Systems, and my previous employers were Bendix Navigation & Control Division and IT&T Avionics Div. Working at ADT was very different from working at either Bendix or IT&T.

ADT had a charter which was taken seriously. We, the employee-associates, were entrusted...

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