Socioeconomic Democracy An Advanced Socioeconomic System
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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
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
Product details
| Published | 30 Jun 2002 |
|---|---|
| Format | Paperback |
| Edition | 1st |
| Extent | 328 |
| ISBN | 9780275973766 |
| Imprint | Praeger |
| Dimensions | 235 x 156 mm |
| Series | Praeger Studies on the 21st Century |
| Publisher | Bloomsbury Publishing |
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