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.


Most Recent Post

CCDC 12/22/2017

Updated on December 29, 2017

Democratic Capitalism-- Book Review

Julia Sneden based her review of Democratic Capitalism on her reading as I had no communication with her. Her review supported my premise based on fifty years experience running companies that democracy and capitalism should be synergistic not in conflict as most academicians believed. This will be examined further in the next Carey Center article “Good Capitalism vs. Bad Capitalism.”
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Review of Democratic Capitalism by Senior Women Web
Culture Watch

Democratic Capitalism is a fascinating, important, erudite book that leads the reader through the history and development of capitalism making a clear case for what needs to be done in the future.

This fascinating, important, erudite book is not an easy, weekend read, nor a book you’d like to take on vacation for a beach read. It requires patience and hard thinking. Fortunately, it is written in a clear, accessible style that leads the reader, step by careful step, through the history and development of...

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