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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Wayfarers

From Confucius to Warren Buffet, the thinkers and doers who showed the Way to Peace and Plenty

 

 

 

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 11/29/2017

Updated on November 29, 2017

At the time of Mill, Marx and Engels educational material on the superior economic system was available. It was not used for the reasons described in this CCDC article.The result is a feeling in society that the economic standard and the quality of life should be better. They are right.

When most academician find that the title of the book that I wrote is Democratic Capitalism, the Way to a World of Peace and Plenty their frequent response was "Isn't that an oxymoron?" If I find one who will listen I explain that is is not an oxymoron and that the question indicates to me that the person who asked it is defaulting on their responsibility to add knowledge of a superior economic system for broader application.

Ray Carey
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J.S. Mill’s Democratic Capitalism Manifesto

In mid 19th century John Stuart Mill, Karl Marx, and Friedrich Engels studied Robert Owen’s demonstration of substantially greater profits from investing in his workers, “vital machines” as he called them. The culture in his spinning mill was trust and cooperation which Owen cultivated through...

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