Book Cover

Capitalism,  The Way to a World of Peace and Plenty

CCDC #153

The following reminds us that force has prevailed over reason from early history. Burke observed late in the 18th century that humans kill more of their species than any other animal. This record keeps growing. The Enlightenment questioned if Newton could find order in the universe why can't humans find order in society and neutralize force?  This is still the question.

Ray Carey

Society Advances; Predators Attack

Society Advances; Predators Attack

Hammurabi (2123-2081 B.C.) was at first a successful warrior who brought order out of the incessant local warfare in lower Mesopotamia. He then drew up 285 laws and inscribed them in a public place for observance by all. When order had replaced violence, and society was based on justice under law, Hammurabi then addressed the general welfare by investing in the human and physical infrastructure. He dug canals, stored grain against famines, lent money at no interest to stimulate commerce, and prevented exploitation of the weak by the strong. Broad wealth distribution and better education improved the standard of living and stimulated momentum in all branches of knowledge, including astronomy, medicine, mathematics, physics, and philosophy.

This advanced society, in what is now mainly Iraq, lasted only a short time. Eight years after Hammurabi’s death, Babylon was invaded and pillaged by the Kassites, a tribe of mountaineers from the northeast border. These predators, probably European immigrants, conquered and ruled in ethnic and political chaos for centuries. Society had advanced, but then force prevailed.

About four thousand years later, the world’s largest Muslim nation, Indonesia, was attacked and left in economic and social chaos by foreign invaders. This time the
weapons were hot money and currency speculation, the invaders were ideologues of the “liberalization of capital markets,” but the destructive effect was the same.

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.