Product Description

Dr. Smith charts a clear and brilliant path away from war and terrorism towards a peaceful and prosperous world economy. -- Alanna Hartzok, UN ECOSOC NGO Representative Henry George would fully approve of Dr. J.W. Smith applying his philosophy (restructuring exclusive titles to nature's resources and technologies to conditional titles) across the economic spectrum. -- Ole Lefmann, a writer for 60 years on the exclusive title principles of Henry George. The West spent 700 plus years establishing capitalism. That rule of law was little more than the old aristocratic system (exclusive title to nature’s resources and technologies) hiding under a benign name. Identical to aristocracy, capitalism’s rule of law laid claim to—or wasted—at least half the wealth produced by productive labor.

This exposes classics on economics—reverently taught in today’s class-rooms—as nothing more than justifications for unequal and unjust rules of law being put in place During that same timespan, plunder by trade became the norm in world commerce. Impoverished nations poised to take control of their resources and destiny threatens to collapse that trade structure. Such a collapse of trade norms will shatter capitalism’s internal economies. That would be the opportune moment to replace monopoly capitalism’s rule of law with Henry George’s economic principles which has the potential of eliminating poverty in 10 years, providing a quality life for all within 50 years, and all while reducing the workweek to 2 to 3 days per week. Once Henry George’s principles have been applied to an economically viable nation or region, the classics on economics, reverently taught in today’s classroom, will stand exposed as justifications for the unequal and unjust rules of law put in place the past 700 plus years, not philosophies for efficient economic systems. -- The Author

Product Details

• Amazon Sales Rank: #2298507 in Books
• Published on: 2006-06-01
• Original language: English
• Number of items: 1
• Binding: Paperback
• 480 pages

Review
Dr. J.W. Smith charts a clear and brilliant path away from war and terrorism towards a peaceful and prosperous world economy. Alanna Hartzok, UN ECOSOC NGO Representative --Alanna Hartzok, UN ECOSOC, NGO Rep

Henry George would fully approve of Dr. J.W. Smith applying his philosophy (restructuring exclusive titles to nature's resources and technologies to conditional titles) across the economic spectrum. Ole Lefmann, a writer on the exclusive title principles of Henry George. --Ole Lefmann, Author

Only a handful of brief and highly focused books moved civilization forward. This is one of those rare books. Professor Glen T. Martin, author, Millennium Dawn --Professor Glen T. Martin

About the Author
J.W. Smith, with a PhD in Environmental Economics from Union Institute and University, Cleveland, Ohio has written six books on the elimination of poverty and war. He has been invited, and has presented, his concepts in 10 countries. commongoodbank.com is establishing a local currency banking system based on his insights on banking with the intended goal of providing banking services at 1/3 the cost of monopolized banking. Through a professors lecture, his concepts showed up in Indonesia's major newspaper and they are being studied at that university. He has had many such compliments from all over the world.

Customer Reviews

The End of Tyranny
Middle class Americans, who have labored so long under the tyrannical illusion of the so-called "American Dream", should treat this book as a once-in-a-lifetime opportunity to free themselves from the burden of failed expectations, and rediscover their hope for a better future. For those of you who think you know enough about economics already, do yourself a huge favor and read this book, if you're up to having your tidy little world turned upside down. Why? Because it ruthlessly parses the pernicious canard at the heart of traditional neo-liberal economic theory - private property rights. Even more importantly, it includes a comprehensive, practical guide for the evolution of our current capitalist system into a more humane and just one, one that would provide a means for everyone, regardless of education or race or status, to prosper within. And this is great news at a time when the sub-prime crisis threatens to drown us in a full-blown depression.

Economic Democracy a grand strategy for world peace & prosperity
This is an excellent, a very comprehensive study of the subject.
The logical and mathematical detail provided and the
specific instances sited make it well worth not just reading but
carefully studying and retaining as a reference source on the
very pragmatic side of these subjects, not just as they are presently
found but how they must evolve if life on this planet is to evolve as
it should.