Download Economic Democracy: A Grand Strategy for World Peace and by JW Smith PDF

April 5, 2017 | Money Monetary Policy | By admin | 0 Comments

By JW Smith

The evolution from plunder by means of raids to plunder through alternate begun 800 to 1,000 years in the past within the unfastened towns of Europe. As these towns developed into international locations and people international locations into empires, plunder through alternate was once plunder by way of either raids and alternate used to be practiced. Plunder via alternate has been the dominant function of global exchange in view that WWII. however the constructing international is now conscious and that constitution of global exchange could quickly be background. In a safely demonstrated banking procedure, via alterations in required reserves instead of altering rates of interest, there want be no inflations or deflations. Created debt-free funds can construct so much infrastructure, expanding required reserves consistent with that cash production continues a reliable funds provide. a formal banking constitution can cease an financial cave in in its tracks. it might additionally speedily industrialize undeveloped areas of the realm. That right banking constitution, besides getting rid of all different monopolies can lessen the workweek to two to three days a week with out lack of foodstuff, fiber, or take care of. global poverty could be eradicated in 10 years and a top quality existence for all might be attained in 50 years

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P. Putman‘s and Sons, 1921). 34 Economic Democracy: A Grand Strategy for World Peace & Prosperity Thirteen years after the American-British war of 1812, Friedrich List arrived in America, became an American citizen, and studied America's protectionist break for economic freedom. 21 America took the philosophical lead in protection of industry and markets and, from 1816 to 1945, was one of the most protected nations. Virtually every nation which has ever successfully industrialized did so under the protection principals laid down by Friedrich List.

Susan George, Fabrizio Sabelli, Faith and Credit (San Francisco: Westview Press, 1994); Duncan Green, Silent Revolution (London: Cassel, 1995), especially pp. 95-96; Hancock, Graham, Lords of Poverty (New York: Atlantic Monthly Press, 1989); James Petras, "Latin America's Free Market Paves the Road to Recession," In These Times, February 13-19, 1991, p. 17. 10 Peter Marcuse, ―Letter from the German Democratic Republic,‖ Monthly Review, July/August 1990, p. 61. 11 David C. Korten, When Corporations Rule the World (West Hartford, CT, Kumarian Press, 1995), p.

39. Susan George, Fabrizio Sabelli, Faith and Credit (San Francisco: Westview Press, 1994); Duncan Green, Silent Revolution (London: Cassel, 1995), especially pp. 95-96; Hancock, Graham, Lords of Poverty (New York: Atlantic Monthly Press, 1989); James Petras, "Latin America's Free Market Paves the Road to Recession," In These Times, February 13-19, 1991, p. 17. 10 Peter Marcuse, ―Letter from the German Democratic Republic,‖ Monthly Review, July/August 1990, p. 61. 11 David C. Korten, When Corporations Rule the World (West Hartford, CT, Kumarian Press, 1995), p.

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