1st Edition

Economic Democracy: The Political Struggle of the 21st Century The Political Struggle of the 21st Century

By J. W. Smith Copyright 2000
    394 Pages
    by Routledge

    394 Pages
    by Routledge

    This title was first published in 1999: The author contends that economic democracy is the economic system the U.S. purports to have, but has thus far failed to achieve because it, like all the economic powers that have gone before, seeks to control the economies of weaker nations. It is the shocking lack of economic democracy, and the efforts of so many to achieve it, that fuels today's conflicts and will fuel those of the 21st century.To show how and why, this comprehensive work provides a detailed analysis of the history of numerous aspects of the development of the Neo-Mercantilist world economy; the geopolitical systems put in place by the developed world to manage and perpetuate that economy; and the numerous proposals and modeling plans that have been offered over the years for the achievement of economic democracy.

    Foreword, Acknowledgments, Introduction, PART I. EXTERNAL TRADE: WORLD TRADE STRUCTURED FOR SECURITY OF POWERFUL NATIONS ENTAILS INSECURITY FOR WEAK NATIONS, 1. The Secret of Free Enterprise Capital Accumulation, 2. The Violent Accumulation of Capital Is Firmly Rooted in History: Establishing the Underlying Principles of Twentieth-Century “ Free Trade”, 3. Imposing a Belief System Under Which the Unwitting Willingly Hand Their Wealth to the Cunning, 4. The Defeat of Napoleon at Waterloo Eliminated France as a Major Threat to British Trade, 5. World Wars, Trade Wars: Battles Over Who Decides the Rules of Unequal Trade, 6. The World Breaking Free Frightened the Security Councils of Every Western Nation, 7. Suppressing the Former Colonial World’s Break for Economic Freedom, 8. Creating Enemies for the Masses: The Inquisitions of the Middle Ages Were, and the Inquisitions of Today Still Are, to Prevent Democratic Choice, 9. Suppressing the Freedom of Others under the Flag of Freedom: Twentieth-century Inquisitions, PART II. EXTERNAL TRADE: CAPITAL DESTROYING CAPITAL, 10. The IMF / World Bank / GATT / NAFTA / WTO / MAI / Military Colossus: The Enforcers of Structural Adjustments and Unequal Trades, 11. The IMF/World Bank/G A H /N AFT A/WTO/M AI/Military Colossus: Emerging Corporate Mercantilism, 12. IMF/World B ank/G ATT/N AFT A/WTO/MAI Structural Adjustments: Impoverishing Labor and Eventually Capital, 13. Unequal Trades in Agriculture, 14. Developing World Loans, Capital Flight, Debt Traps, and Forgiveness of Unjust Debt, 15. Multiplier Factor: Accumulating Capital Through Capitalizing Values of Externally Produced Wealth, 16. Japan’s Post-World War II Defensive Economic Warfare Plan, 17. Japanese/Chinese/Southeast Asian Post-World War II Development: An Accident of History and a Crisis for Western Imperial Centers of Capital, 18. Capital Destroying Capital, 19. A New Hope for the World, PART III. EXTERNAL TRADE: SHARING TECHNOLOGY WITH THE WORLD THROUGH COOPERATIVE CAPITALISM: THE ROUTE TO WORLD PEACE AND PROSPERITY, 20. The Earth’s Capacity to Sustain Developed Economies, 21. The Political Structure of Sustainable World Development, 22. Sustainable World Development: Equal Free Trade as Opposed to Unequal Free Trade, 23. Sharing Technology with the World Through Cooperative Capitalism: A Grand Strategy for World Peace and Prosperity, PART IV. INTERNAL TRADE: ECONOMIC RIGHTS FOR ALL PEOPLE THROUGH ELIMINATION OF SUBTLE MONOPOLIES, 24. Subtly Monopolizing Land, 25. Subtly Monopolizing Society’s Tools (Technology) Through Stock Markets and Patents, 26. Subtly Monopolizing Money, 27. Subtly Monopolizing Information, 28. Media to Empower the Powerless, Conclusion: A Grand Strategy for Cooperative Capitalism in the Twenty-first Century, Bibliography, Index, About the Author

    Biography

    Smith, J. W.