Bestselling Books on Intangible Assets
Discussion weblog on intellectual capital. Discuss best practices, ideas, news, models, methods, theories, tools, questions and answers.
Former CEO of ADT Ray Carey notes in his new book Democratic Capitalism that despite the evidence of the practical effectiveness of democratic capitalism, companies implementing such a strategy have proved the exception to the rule. The dominant business culture has instead trended towards what Carey calls 'ultra-capitalism,' the modern system of finance-driven capitalism that Carey believes places too great of an emphasis on speculation, individual greed and excess. This has led to a disconnect between ownership and control, a widening gap between the super-rich and the common working person, a shifting of the tax burden from capital to labor, and a deterioration of regulatory safeguards to protect workers and their companies.