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.


Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player


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

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