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Books > Reference & Interdisciplinary > Controversial knowledge > General
Problems confronting the financial-industrial system, or the ills
of the casino economy, have never been more urgent than they are
today. This is because debt has reached unprecedented levels in
threatening the future of us all, and leading commentators have
concluded that it is not a question of if but when the next banking
crash occurs. Financial issues are compounded by the fact that the
left/right conflict through which democracy has long resolved
political issues is now failing as a medium in advancing progress.
This has more easily allowed raw financial power to neuter
democracy and take over party systems across the political
spectrum. Meanwhile, a new middle majority is emerging in
displacing the middle and working classes that once predominated in
society, and this has led to the collapse of old-established party
memberships and voting figures. A positive outcome of these social
changes is a more open society that is not prepared to tolerate the
secret world of the great corporations, or to accept the word of
their politicians in allaying fears for the future. This book
presents a critique of both Neoliberalism or so-called
privatisation or unconstrained free market forces, and left-leaning
ideas on the management of business. In repudiating the principles
of both left and right, the author, who is broadly experienced in
the spheres of both industry and politics, calls for a new approach
in building an economy that is fair and successful in creating a
dynamic business culture. This is to be achieved through
prioritising commercially viable productivity over the pull of
rentier or usurious tendencies that limit output. These principles,
based on the empirical evidence of our toughest industrial
competitors in the Post-War period, are designed to unify the
socio-economic interests of the emerging 90% majority. The phony
economy has had its day for too long. Now is the time to promote
the real economy.
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