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 2:13

A Nuclear Holocaust?

President Ronald Reagan and Russian leader Mikhail Gorbachev in Reykjavik, 1986, almost agreed on the elimination of all nuclear weapons. Disagreement on Reagan’s “Star Wars” destroyed the opportunity.

Pakistan exploded the first “Muslim” bomb in 1998, and along with Israel, India, and North Korea joined the original nuclear club of U. S., Russia, China, France, and England. Other nations continue to develop nuclear capability to gain leverage in a world dominated by military power. For example, America ignored India’s rejection of the Nuclear Non-Proliferation Treaty in order to get her participation in power politics to encircle China.  

Society can either get rid of all bombs or stand by while nuclear capability spreads to more nations with weaker controls and stronger passions, making a nuclear holocaust inevitable. America must lead in economic common purpose in which the standard of living goes up and the bombs go away.  America, however, continues to make enemies with its priority for military might. Citizens are pivotal to this choice and must demand that the political agenda be changed to economic cooperation and demilitarization.

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

Updated on Jan 11, 2017

For some time there has been a general feeling that there is something wrong with the American economy. There is: the domination by finance capitalism slows growth and keeps millions from good jobs.

The solution: Democratic Capitalism, was described in my book but it was rejected by publishers and received no reviews. I published and distributed it at my expense but in time the following leaders of industry and education confirmed the solution. 

Click here for the full post