Unlike leaders and scholars in the rest of the world, at least one Chinese leader and a Chinese scholar have identified the need to establish economic democracy as basis for introducing political democracy. Economic democracy also increases survival for the many by reducing environmental...

The paper explains how to achieve a universally prosperous environmentally sustainable global society. This objective is incompatible with traditional economic policies dependent of full employment and ideologies based on uninhibited use of non-renewable resources. Politically attractive...

Perpetual property rights to land, structures, corporations and money allows investors to be overpaid to create inefficiencies and inequities in a way not measured by accountants and little noticed by economists. All intellectual property rights have limited life. Most assets depreciate over...

A vision for reshaping capitalism for a sustainable world was implicit in the 2018 statement by BlackRock, the biggest investor in the world, wanting, “A new model for corporate governance” and that “companies must benefit all their stakeholders”. The idea of firms delivering benefits to...