Socioeconomic Democracy

An Advanced Socioeconomic System

by Robley E. George


A powerful critique of current economic paradigms, and call to create an alternative of socioeconomic democracy.

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Cover image for Socioeconomic Democracy

June 2002


Pages 328
Volumes 1
Size 6 1/8x9 1/4
Topics Politics, Law, and Government/General

George offers a direct and powerful challenge to the fatal shortcomings of virtually all currently dominant economic paradigms, including those of capitalism, socialism, communism, and so-called mixed economies. The alternative socioeconomic democracy, and advanced theoretical model in which there is some form of universal guaranteed income as well as a limit to maximum allowable personal wealth, combined with a realistic degree of human flexibility based on public choice theory.

Arguing that such a procedure would allow a society to democratically control the extreme limits of material wealth and poverty, the author forecasts that such a system will create strong economic incentives while reducing the present undesirable and expensive social problems associated with the maldistribution of wealth. This innovative book will be of interest to scholars and others interested in exploring ways to strengthen democracy while improving economic systems around the world.

Table of Contents

ForethoughtPrefaceIntroductionSocioeconomic Democracy: The Theoretical ModelUniversal Guaranteed Personal IncomeMaximum Allowable Personal WealthDemocracySocietal VariationsJustificationsSocioeconomic Democracy and IslamIncentive and Self-InterestPractical ApproximationsFinancial Benefits and CostsPhysical Realizability, Feasibility and ImplementationRamificationsAppendix - Exercises for the InterestedBibliographyIndex



[O]bviously the product of many years of thought and contemplation by a person with solid academic training and personal convictions. Recommended. All collections and levels.—Choice

[A]nyone who is interested in these issues will find the book well worth reading.—Science & Technology


Robley E. George's ^ISocioeconomic Democracy^R is based in the best traditions of humanitarianism....Students of Islamic Economics and Democracy will find much food for thought in this comparative study.—Ikram Azam^LFounder and Chairman, Pakistan Futuristics Foundation and Institute

Future generations . . . will thank Mr. George . . . for his book which tells what Socioeconomic Democracy is, and how we can achieve it.—Sohail Inayatullah^LSenior Research Fellow^LQueens University of Technology and Executive Board Member of WFSF

The world will not change for the better unless imaginative and obstinate thinkers explore and advocate bold ideas. Robley George is one of those thinkers, thanks to whom it is not foolish to hope.—Philippe Van Parijis^LChaire, Hoover d'Ethique Economique et Sociale^LUniversite Cathedral de Louvian, Founder of BIEN

The wider the gap between rich and poor, the narrower the chances that real democracy can survive and thrive. Inequality demands answers . . . and Robley George, bless his out-of-the-box-thinking soul, has a provocative answer to offer.—Sam Pizzigati^LAuthor^L^IThe Maximum Wage^R

Robley George has a strategy which aims at one of our most serious issues--the growing gap between the rich and the poor. . . . Read this book and open up new space for your thinking.—The late Robert Theobald^LOne of the world's most influential Futurists, ^IEncyclopedia of the Future^R

In a finite world, with population and environmental pressures growing, and natural resources dwindling, limits will clearly have to be set. . . . Socioeconomic Democracy as a governing precept could foster a new economics and a new global value system, which places people in the centre of progress.—Arnoldo Ventura^LSpecial Advisor on Science and Technology to the Prime Minister of Jamaica

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