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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NY Times Article with Charlie Munger and Warren Buffett

A recent NYT article (May 5th, 2014) featured Warren Buffett's 90 year old long-time partner, Charlie Munger. He was talking about the critical importance of trust at their famous annual meeting that attracts thousands. 

Charlie wrote me ten years ago after receiving my book Democratic Capitalism, The Way to a World of Peace and Plenty. To my great surprise he wrote that he had stayed up all night to finish the book. Apparently the book's message about trust and cooperation in the right capitalism registered with him as it still does.

The book is now available on Kindle for less than a dollar. For those who say "nobody saw the economic crisis coming" read the book on the "Rise of Ultra-Capitalism." More importantly, the book provides action plans to counter the domination by finance capitalism but this real reform is still in the future.

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.