The book everyone has been waiting for
SOCIOECONOMIC
DEMOCRACY:
An Advanced Socioeconomic
System
by
Robley E. George, Director
Center for the Study of Democratic Societies
Description of the book
SOCIOECONOMIC DEMOCRACY: An Advanced Socioeconomic System first defines and describes what is meant by the term Socioeconomic Democracy.
Socioeconomic
Democracy is a model economic system, or more precisely, socioeconomic
subsystem, in which there is some form of Universal Guaranteed Personal
Income as well as some form of Maximum Allowable Personal Wealth, with both the lower bound on personal material poverty and the upper
bound on personal material wealth set and adjusted democratically by all society.
The book then indivdually examines in some detail
each of these two bounds, i.e., UGI and MAW. Next is democracy. Here
we first consider a few preliminaries, including a discussion of the inevitability of democracy, a prehistory of majority rule and
a brief discussion of contemporary qualitative democracy. We
then consider the simple, mathematically correct procedure by which
society, exercising quantitative democracy (employing the most
elemental of public choice theory results), can democratically decide
the amount or magnitude of these two bounds -- and
other amounts in question.
The book illustrates and looks at the many possible
theoretical variations of Socioeconomic Democracy. Anthropological,
philosophical, psychological, religious and human rights justifications
for some form of Socioeconomic Democracy are next provided. The similarities,
differences and relationships between Socioeconomic Democracy and Islami
economics -- in particular, Zakat, one of the five pillars
of Islam -- are examined. The book then considers economic incentive
and self-interest in general and as associated with Socioeconomic Democracy.
Next, the book examines a number of practical political approximations
to, and some of the many financial benefits and reduced costs of, such
a system. It then establishes the feasibility of and discusses the necessary
implementation procedure to realize Socioeconomic Democracy. Finally,
the book describes a number of the simultaneously realized
ramifications of this fundamentally just and democratic socioeconomic
system. The book concludes with an appendix containing exercises for
the interested reader.
Socioeconomic Democracy: An Advanced Socioeconomic System
by Robley E. George
A Praeger/Greenwood Book
Published June 2002
305 pages
Hard Cover ISBN 0-275-97375-1
Paperback ISBN 0-275-97376-X
Praeger Studies on the 21st Century ISSN 1070-1850
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