Cooperative Capitalism: A Blueprint for Global Peace and Prosperity, 2nd Edition, pbk
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Average customer review:Product Description
Terrorism - Political Freedom & Security - Civil Rights - Political Science-History & Theory - Radical Thought - Political Science-Public Policy - Economic Policy Permanent global peace and sustainable development. The efficiency of a modern land commons. The efficiency of a modern technology commons. The efficiency of a modern money commons. Reclaiming the communications commons., Democratic-cooperative-capitalism. How a free people and a free press are propagandized. The periphery of empire could not be permitted their freedom. A large segment of the world almost broke free. A viable Yugoslavia could not be permitted. The IMF/World Bank/GATT/NAFTA/WTO/MAI/GATS/FTAA military colossus
Product Details
- Amazon Sales Rank: #2807797 in Books
- Published on: 2005-08-01
- Number of items: 1
- Binding: Paperback
- 220 pages
Editorial Reviews
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
A serious-minded albiet strident discussion
Now in a revised and updated second edition, Cooperative Capitalism: A Blueprint For Global Peace And Prosperity is a politically charged economic treatise that asks: why are so many resource-filled nations stricken with poverty while resource-poor nations are wealthy and consume the greater part of world resources? The answer according to author J. W. Smith is "plunder-by-trade", a process that destroys undeveloped nations' ability to process resources and sell them to their own people, forcing them to become dependent on imports and accelerating poverty because money flows directly out of the nation instead of circulating among the nation's people (the economic multiplier effect). Modern "plunder-by-trade" often involves selling subsidized food, or even donating clothing, putting local agriculture and textile operations out of business, increasing unemployment, and further impoverishing the nation - one example is the Ukraine, which went from breadbasket to bankrupt in response to foreign powers. Cooperative-Capitalism denounces such impoverishment and concentration of power in the wealthy elite of dominant nations as deliberate, accuses military efforts of dominant nations of furthering the process, and stridently calls for economic policy imperatives to reduce rather than create poverty - especially those promoting self-sufficiency through protectionism in the nations whose struggling industries need it the most. A serious-minded albiet strident discussion of a very real worldwide economic problem.

