The Third Revolution: Creating Unprecedented Wealth and Happiness for Everyone in the New Millennium

by Richard J. Koch

• ISBN13: 9781900961134
• ISBN10: 190096113X
• Format: Hardcover
• Copyright: 2001-04-01
• Publisher: Capstone Ltd

Summary

The Third Revolution is an unprecedented synthesis of the radical free market liberalism of the right with the popular egalitarianism of the left. It is a compelling manifesto for a new capitalism that is for all -- which moves political and economic power from governments to people, from rich to poor, and from first world to third. But this is no socialist dream. The transformation will only occur when markets are free end everyone can create wealth, not just financiers and a few privileged managers.

Author Biography

What is the Third Revolution?<UL><LI>The world has been transformed for the better by two revolutions, capitalism and democracy.<LI>Democracy was expected to abolish capitalism. It nearly did.<LI>Today, both capitalism and democracy continue to expand their power. They coexist uneasily. Capitalism and democracy share many attributes, but capitalism continues to have a dark side that can only be extirpated by democratic reform.<LI>All the left&#146;s attempts to reform or replace-capitalism have failed, because their intellectual premises were wrong. The intentions, however, were and remain valid. The intellectual bankruptcy of socialism and social democracy has created a void.<LI>A breakthrough is possible only by fusing capitalism and democracy. Democracy must embrace the market mechanism in a totally new way in order to abolish capitalism as we know it, to democratize capitalism.<LI>This third revolution can unite and give moral purpose to developed societies and, within the next century, banish war, hunger and oppression from the face of the earth.</UL>Richard Koch is an investor, author, consultant and entrepreneur. He has created and transformed businesses worldwide and is the author of numerous best-selling books including Breakup! when large companies are worth more dead than alive.

Table of Contents

Preliminaries.

Preface.

POLEMIC.

When Capitalism Nearly Died.

The Chimera of the Large Socialized Corporation.

The Stakeholding Delusion.

A New Democratic Critique of Capitalism.

Markets Unblound.

They Answer.

POLICY.

The Four Principles of Progress.

Capital For Everyone.

Knowledge and Jobs For Everyone.

The Democratic Corporation.

The Good State.

PARTING SHOT.

All Hands on the Revolution.

Index.