Following the footsteps of Thorstein Veblen, Stuart Chase, Ralph Borsodi, and others, JW Smith demonstrates the wasted labor within the American Economy at fully 50%. Eliminate the monopolization and wars which engenders that waste, share the remaining productive jobs, and each employable person need work outside the home only 2 to 3 days per week.
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Book Description
Editorial Reviews
About the Author
J.W. Smith, with a PhD in Environmental Economics from Union Institute and University, Cleveland, Ohio has written six books on the elimination of poverty and war. He has been invited, and has presented, his concepts in 10 countries. commongoodbank.com is establishing a local currency banking system based on his insights on banking with the intended goal of providing banking services at 1/3 the cost of monopolized banking. Through a professors lecture, his concepts showed up in Indonesia's major newspaper and they are being studied at that university. He has had many such compliments from all over the world.
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Most Helpful Customer Reviews
8 of 9 people found the following review helpful:
5.0 out of 5 stars
Amazing insights,
By A Customer
This review is from: The World's Wasted Wealth 2: Save Our Wealth, Save Our Environment (Paperback)
This book provides a fantastic look at both the historical and current dimensions of the political economy of the world. Detailed analysis is presented remarkably using the simplest words to describe the insanity of the wasteful consumption that surrounds us. This is a must read book. It shows how most wars throughout history (including cold wars) have resources and trade at their core -- including both World Wars. J. W. Smith goes on to show that the resources wasted in just the Cold War could have industrialized the world more than two times over!
5.0 out of 5 stars
A must read,
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This review is from: The World's Wasted Wealth 2: Save Our Wealth, Save Our Environment (Paperback)
This book builds on the work of Vance Packard, exploring an unpopular issue today of the incredibly wasteful world we are so proud of. This book occasionally misses, some examples and points are weak, but overall this explores a subject long overdue for review.
5 of 15 people found the following review helpful:
1.0 out of 5 stars
Utopianism in full.,
By A Customer
This review is from: The World's Wasted Wealth 2: Save Our Wealth, Save Our Environment (Paperback)
Just make the author master of the world, and he will solve allproblems. Where have we heard this before? It took Dr. Smith a longish time to get his doctorate, and his doctoral committee might have been a mite more discriminating.. Dr. Smith sees lots of conspiracies, and there is some truth in some of his claims---the sort of stuff sophomores stumble on with regular frequency. But, for such a broad stroke view of the problems of power and economics, the reader would do much better to go to Vilfredo Pareto's Mind and Society or to James Burnham's The Machiavellians.
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Inside This Book
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First Sentence:
We all want a peaceful and prosperous world, yet nations continually battle over the world's wealth and keep the world impoverished. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
subtle monopolization, subtle monopolies, wealth appropriation rate, intercepting wealth, high capitalized values, landrent tax, wealth intercepted, remaining productive jobs, society collecting landrent, subtle monopoly, fictitious wages, mutual support structures, monopolized capital, excessive rights, wasted labor, unnecessary labor, own social capital, community support structures, true free enterprise, permitted parameters, mercantilist trade policies, wasted wealth, mercantilist control, patent structure, stratified charge engine Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, New York, Soviet Union, World War, Eastern Europe, Middle East, Social Security, South Korea, French Revolution, Middle Ages, United Nations, Free Cities of Europe, Marshall Plan, American Revolution, Industrial Revolution, Great Britain, Korean War, Second Estate, South End Press, Third Estate, World Report, Petr Kropotkin, Basic Books, East Germany, South Africa New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
We all want a peaceful and prosperous world, yet nations continually battle over the world's wealth and keep the world impoverished. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
subtle monopolization, subtle monopolies, wealth appropriation rate, intercepting wealth, high capitalized values, landrent tax, wealth intercepted, remaining productive jobs, society collecting landrent, subtle monopoly, fictitious wages, mutual support structures, monopolized capital, excessive rights, wasted labor, unnecessary labor, own social capital, community support structures, true free enterprise, permitted parameters, mercantilist trade policies, wasted wealth, mercantilist control, patent structure, stratified charge engine Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, New York, Soviet Union, World War, Eastern Europe, Middle East, Social Security, South Korea, French Revolution, Middle Ages, United Nations, Free Cities of Europe, Marshall Plan, American Revolution, Industrial Revolution, Great Britain, Korean War, Second Estate, South End Press, Third Estate, World Report, Petr Kropotkin, Basic Books, East Germany, South Africa New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 186
books:
See all 186 books this book cites
5
books
cite this book:
- Head to Head: The Economic Battle Among Japan, Europe, and America by Lester C. Thurow on 19 pages
- Secrets of the Temple: How the Federal Reserve Runs the Country by William Greider on 12 pages
- Present at the Creation: My Years in the State Department by Dean Acheson on 11 pages
- The Death of Money: How the Electronic Economy Has Destablized the World's Markets and Created Financial Chaos by Joel Kurtzman on 8 pages
- Profits Without Production by Seymour Melman on 8 pages
See all 186 books this book cites
- WHY? The Deeper History Behind the September 11th Terrorist Attack on America, Second Edition by J. W. Smith in Front Matter
- Economic Democracy: The Political Struggle of the Twenty-First Century, Third Edition by J. W. Smith in Front Matter
- Mediscams: How to Spot and Avoid Healthcare Scams, Medical Frauds, and Quackery from the Local Physician to the Major Healthcare Providers and Drug Manufacturers by Chuck Whitlock in Back Matter
- Cooperative Capitalism: A Blueprint for Global Peace and Prosperity by J. W. Smith on page 1
- Hope's Edge: The Next Diet for a Small Planet by Frances Moore Lappe in Back Matter
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