Economic Democracy: The Political Struggle of the Twenty-First Century

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Editorial Reviews

Booknews
Smith earned his PhD in environmental and political economics from the Union Institute in Cincinnati, Ohio; he is the author of several books and is the founder of the Institute for Economic Democracy, a nonprofit foundation devoted to research on sustainable development. This treatise begins: "Eliminating poverty is not philosophically complicated: Eliminate the monopolization of land, technology, and finance capital and equalize pay for equally productive work...." He continues by carefully detailing how and why a small part of the world's population consumes the majority of the world's resources; and he tells how to change the course, including discussion of "If it is so simple, why is it not done?" Annotation c. Book News, Inc., Portland, OR (booknews.com)
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Product Details

  • ISBN-13: 9781403324085
  • Publisher: AuthorHouse
  • Publication date: 6/28/2002
  • Edition number: 2
  • Pages: 500
  • Product dimensions: 6.10 (w) x 8.98 (h) x 1.20 (d)

Table of Contents

Foreword
Acknowledgments
Introduction 3
Pt. I External Trade: World Trade Structured for Security of Powerful Nations Entails Insecurity for Weak Nations
1 The Secret of Free Enterprise Capital Accumulation 23
2 The Violent Accumulation of Capital Is Firmly Rooted in History: Establishing the Underlying Principles of Twentieth-Century "Free Trade" 33
3 Imposing a Belief System Under Which the Unwitting Willingly Hand Their Wealth to the Cunning 41
4 The Defeat of Napoleon at Waterloo Eliminated France as a Major Threat to British Trade 51
5 World Wars, Trade Wars: Battles Over Who Decides the Rules of Unequal Trade 57
6 The World Breaking Free Frightened the Security Councils of Every Western Nation 63
7 Suppressing the Former Colonial World's Break for Economic Freedom 94
8 Creating Enemies for the Masses: The Inquisitions of the Middle Ages Were, and the Inquisitions to Today Still Are, to Prevent Democratic Choice 114
9 Suppressing the Freedom of Others under the Flag of Freedom: Twentieth-century Inquisitions 125
Pt. II External Trade: Capital Destroying Capital
10 The IMF/World Bank/GATT/NAFTA/WTO/MAI/Military Colossus: The Enforcers of Structural Adjustments and Unequal Trades 143
11 The IMF/World Bank/GATT/NAFTA/WTO/MAI/ Military Colossus: Emerging Corporate Mercantilism 150
12 IMF/World Bank/GATT/NAFTA/WTO/MAI Structural Adjustments: Impoverishing Labor and Eventually Capital 158
13 Unequal Trades in Agriculture 166
14 Developing World Loans, Capital Flight, Debt Traps, and Forgiveness of Unjust Debt 174
15 Multiplier Factor: Accumulating Capital Through Capitalizing Values of Externally Produced Wealth 181
16 Japan's Post-World War II Defensive Economic Warfare Plan 188
17 Japanese/Chinese/Southeast Asian Post-World War II Development: An Accident of History and a Crisis for Western Imperial Centers of Capital 192
18 Capital Destroying Capital 195
19 A New Hope for the World 201
Pt. III External Trade: Sharing Technology with the World Through Cooperative Capitalism: The Route to World Peace and Prosperity
20 The Earth's Capacity to Sustain Developed Economies 207
21 The Political Structure of Sustainable World Development 213
22 Sustainable World Development: Equal Free Trade as Opposed to Unequal Free Trade 221
23 Sharing Technology with the World Through Cooperative Capitalism: A Grand Strategy for World Peace and Prosperity 235
Pt. IV Internal Trade: Economic Rights for all People Through Elimination of Subtle Monopolies
24 Subtly Monopolizing Land 245
25 Subtly Monopolizing Society's Tools (Technology) Through Stock Markets and Patents 265
26 Subtly Monopolizing Money 290
27 Subtly Monopolizing Information 314
28 Media to Empower the Powerless 337
Conclusion: A Grand Strategy for Cooperative Capitalism in the Twenty-first Century 347
Bibliography 349
Index 367
About the Author
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