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Socioeconomic Democracy An Advanced Socioeconomic System
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Robley E. George
ISBN: 0-275-97375-1
ISBN-13: 978-0-275-97375-9
328 pages
Praeger Publishers
Publication: 6/30/2002
List Price: $105.00 (UK Sterling Price: £72.95)
Availability: In Stock
Media Type: Hardcover
Also Available: Paperback
Trim Size: 6 1/8 x 9 1/4
Subjects:
Description: 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.
Table of Contents:
  • Forethought
    Preface
    Introduction
    Socioeconomic Democracy: The Theoretical Model
    Universal Guaranteed Personal Income
    Maximum Allowable Personal Wealth
    Democracy
    Societal Variations
    Justifications
    Socioeconomic Democracy and Islam
    Incentive and Self-Interest
    Practical Approximations
    Financial Benefits and Costs
    Physical Realizability, Feasibility and Implementation
    Ramifications
    Appendix - Exercises for the Interested
    Bibliography
    Index
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.
LCC Class: 306
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