Synopses & Reviews
George offers a direct and powerful challenge to the fatal shortcomings of virtually all currently dominant economic paradigms, including those of capitalism, socialism, communism, and so-called mixed economies. The alternative socioeconomic democracy, and advanced theoretical model in which there is some form of universal guaranteed income as well as a limit to maximum allowable personal wealth, combined with a realistic degree of human flexibility based on public choice theory.
Arguing that such a procedure would allow a society to democratically control the extreme limits of material wealth and poverty, the author forecasts that such a system will create strong economic incentives while reducing the present undesirable and expensive social problems associated with the maldistribution of wealth. This innovative book will be of interest to scholars and others interested in exploring ways to strengthen democracy while improving economic systems around the world.
The wider the gap between rich and poor, the narrower the chances that real democracy can survive and thrive. Inequality demands answers . . . and Robley George, bless his out-of-the-box-thinking soul, has a provocative answer to offer.Sam Pizzigati Author The Maximum Wage and Editor, Too Much
Robley E. George's Socioeconomic Democracy is based in the best traditions of humanitarianism. . . . Students of Islamic Economics and Democracy will find much food for thought in this comparative study.Ikram Azam Founder and Chairman, Pakistan Futuristics Foundation and Institute
Future generations . . . will thank Mr. George . . . for his book which tells what Socioeconomic Democracy is, and how we can achieve it.Sohail Inayatullah Senior Research Fellow Queens University of Technology and Executive Board Member of WFSF
Robley George has a strategy which aims at one of our most serious issues--the growing gap between the rich and the poor. . . . Read this book and open up new space for your thinking.the late Robert Theobald world's most Futurists," Encyclopedia of the Future
In a finite world, with population and environmental pressures growing, and natural resources dwindling, limits will clearly have to be set. . . . Socioeconomic Democracy as a governing precept could foster a new economics and a new global value system, which places people in the centre of pogress.Arnoldo Ventura Special Advisor on Science and Technology to the Prime Minister of Jamaica
A powerful critique of current economic paradigms, and call to create an alternative of "socioeconomic democracy."
About the Author
ROBLEY E.GEORGE is the founder and Director of the Center for the Study of Democratic Societies, and is the author of numerous articles and several books.
Table of Contents
Socioeconomic Democracy: The Theoretical Model
Universal Guaranteed Personal Income
Maximum Allowable Personal Wealth
Socioeconomic Democracy and Islam
Incentive and Self-Interest
Financial Benefits and Costs
Physical Realizability, Feasibility and Implementation
Appendix - Exercises for the Interested