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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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

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.”

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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