Jw Smith
Economic Democracy
- ISBN 13:
- 9781933567013
- author:
- Jw Smith
- format:
- Paperback
- publisher:
- Institute for Economic Democracy
- language:
- English
- Publication Year:
- 2005
- Pages:
- 450
- Dimensions:
- 152mm X 20mm
- Genre:
- International / Economics Political Science Textbook
- Condition:
- New
- Availability:
- Item usually sent within 7 working days
Description
Economic Democracy: The Political Struggle of the Twenty-first Century by J. W. Smith presents a vision for a more equitable and sustainable world. By eliminating monopolies, creating a modern commons, and harnessing the power of superefficient capitalism, Smith argues that it is possible to achieve permanent global peace and full economic efficiency. This book explores the concept of economic democracy, which aims to empower the powerless and eliminate poverty through full and equal rights. According to Smith, with such a system in place, each citizen can enjoy a quality life within 50 years, while poverty can be eliminated in just 10 years. By rethinking traditional notions of trade and capital, Smith proposes a new approach that prioritizes human well-being over profit. Through his work, Smith seeks to create a more just and efficient economic system, one that balances individual freedom with collective prosperity.