Publisher's Synopsis
Economic Democracy, written by Clifford Hugh Douglas in 1920, is a book that explores the concept of economic democracy and its potential to create a fairer and more just society. Douglas argues that the current economic system is flawed and that it favors the wealthy and powerful at the expense of the majority of people. He proposes that economic democracy, which involves giving people more control over the economy, can help to address these issues and create a more equitable society.The book provides a detailed analysis of the current economic system and the problems that arise from it. Douglas argues that the system is inherently unstable and that it creates an unequal distribution of wealth and power. He also discusses the role of banks and the financial sector in perpetuating these problems.To address these issues, Douglas proposes a number of solutions, including the creation of a national dividend, which would distribute wealth more evenly among the population, and the implementation of a system of social credit, which would give people greater control over the economy. He also discusses the importance of education and the need for a more democratic political system.Overall, Economic Democracy is a thought-provoking book that challenges readers to think critically about the current economic system and its shortcomings. It offers a compelling argument for the need to create a more democratic and equitable society, and provides practical solutions for achieving this goal.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.