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 2:28

Wrong Focus

Hand wringing over the political gridlock, blaming both democracy and the Constitution,1 continues to ignore Marx’s advice. The solution is found not in debating the distribution of wealth but rather support of the economic system that provides plenty for everybody.

As long as economic growth is under two percent and not over three, the result of domination of government by finance capitalism, the system will remain in gridlock and unemployment will remain high.
All of this is unnecessary.  Simply realign government and corporate policies in support of the material and spiritual benefits of democratic capitalism.
How? A good start would be to put the $3 trillion of surplus to work in growth programs or returned to the economy in dividends.

1 Daniel Lazare, The Frozen Republic: How the Constitution is Paralyzing Democracy, 1996
Thomas Mann & Norman Ornstein, It’s Even Worse Than It Looks, 2012

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