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 2:15

Fix Education-Bottom-Up!

American education in general is falling behind other nations. More African-American young men are in prison and in the criminal process than in college!  Fewer Americans in college in 2005 were science majors than in 1956, the Year of Sputnik!

The top-down structure of education is all wrong. National standards are another distraction for principals; charter schools and vouchers dodge the problem; blaming lack of money or the teachers’ union solves nothing.

Freedom works! Free principals, teachers, students, and parents from bureaucratic micromanagement, release their latent power, and let their teamwork fix education. Begin with an agreed curriculum and goals; collaborate on a three-year plan for which the team is accountable; use class and school composite performance for measurement and bonuses; team outstanding teachers at a higher base pay with inexperienced teachers; team best students with younger students; motivate former bullies to help keep order; pay teachers more for urban assignments; and make full use of computer technology in all schools.

With education structured bottom-up, teachers and principals will enjoy the satisfaction they deserve from a job well done, and students will receive the education they need.

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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