Product Description

Following the footsteps of Thorstein Veblen, Stuart Chase, Ralph Borsodi, and others, JW Smith demonstrates the wasted labor within the American Economy at fully 50%. Eliminate the monopolization and wars which engenders that waste, share the remaining productive jobs, and each employable person need work outside the home only 2 to 3 days per week.

Product Details

• Amazon Sales Rank: #2340164 in Books
• Published on: 1994-11-02
• Original language: English
• Number of items: 1
• Binding: Paperback
• 460 pages

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

Amazing insights
This book provides a fantastic look at both the historical and current dimensions of the political economy of the world. Detailed analysis is presented remarkably using the simplest words to describe the insanity of the wasteful consumption that surrounds us. This is a must read book. It shows how most wars throughout history (including cold wars) have resources and trade at their core -- including both World Wars. J. W. Smith goes on to show that the resources wasted in just the Cold War could have industrialized the world more than two times over!

Utopianism in full.
Just make the author master of the world, and he will solve all
problems. Where have we heard this before? It took Dr. Smith
a longish time to get his doctorate, and his doctoral committee might
have been a mite more discriminating.. Dr. Smith sees lots of conspiracies,
and there is some truth in some of his claims---the sort of stuff sophomores stumble on with regular frequency. But, for such a broad stroke view of the problems of power and economics, the reader would do much better to go to
Vilfredo Pareto's Mind and Society or to James Burnham's The Machiavellians.