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.

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

Get Adobe Flash player

Course 2:16

Reaffirm Idealism!

A world of plenty is attainable in both democratic and authoritarian governments through economic freedom. When people live better, violence goes down, other freedoms follow, and the ideal of a world of peace is attainable. Improvement in the lives of people and their children is the only ideal common to all nations and cultures; consequently, economic common purpose is the only way to unite people.
This ideal is more attainable in the 21st century because the Information Age adds new levels of productivity, new communications technology making the world a global village; and is itself a unifying influence. The world is ready to free the body of material needs, and free the spirit to reach full potential, once the impediments of concentrated wealth and violence are eliminated.

Citizens must vote for candidates who reaffirm the ideal that peace and plenty are attainable, that economic freedom is the means, and that economic common purpose is the way to unite people and stop violence.

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 11/15/2017

November 14, 1995
Diane Dunlap
Dean, Graduate School
Hamline University

Dear Dean Dunlap:

I was very happy to hear about the plans for the “Carey Center” at Hamline University. It has been a source of much frustration to me that business concepts which I have seen working and which I admire have so little visibility in academia.

Ray Carey was Chairman of the Board and CEO of ADT Security Systems Inc. when I joined their Engineering Department in 1973. My specialty was Microwave Transmission Systems, and my previous employers were Bendix Navigation & Control Division and IT&T Avionics Div. Working at ADT was very different from working at either Bendix or IT&T.

ADT had a charter which was taken seriously. We, the employee-associates, were entrusted...

Click here for the full post