The Institute for Cooperative Capitalism

Sustainable World Development and Elimination of World Poverty Through Economic Democracy and Democratic Cooperative-Capitalism

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Elimination of poverty is simple:

The impoverishment of the developing world is understandable once one learns how “plunder by trade” locks the world into violence and war.

Eliminating poverty is not philosophically complicated; Eliminate the monopolization of land, technology, and finance capital and equalize pay for equally productive work, both within internal economies and between trading nations. Once all nations and all people have access to technology and their labor is paid equally for equally productive work, the buying power of labor in different nations, and within nations, will equalize. Eliminating those monopolies will instantly distribute a share of the wealth to all members of society even as economic efficiency increases and produces more wealth. This is a more cooperative and democratic capitalism that will assure all rights for all people.

-- Dr. J.W. Smith, The Institute for Cooperative Capitalism.

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