Missing Intellect in Economics and Politics Volume One

During the last two decades, Free Market Economy and Democracy came to the brink of collapse, not because of the many widely discussed issues, but primarily due to the failure of their major principles in real-life applications. These systems, therefore, can not survive unless their major structural problems are dealt with and realistic solutions are implemented. Missing Intellect in Economics and Politics Volume One aims to reveal the vital but inadequately recognized aspects of Free...
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During the last two decades, Free Market Economy and Democracy came to the brink of collapse, not because of the many widely discussed issues, but primarily due to the failure of their major principles in real-life applications. These systems, therefore, can not survive unless their major structural problems are dealt with and realistic solutions are implemented. Missing Intellect in Economics and Politics Volume One aims to reveal the vital but inadequately recognized aspects of Free Market Economy that are either flawed in principle, or unknowingly or deliberately misapplied in practise. Then, it offers a set of potential solutions that will enable the system to survive in an environment that is getting ever more complex day by day. Covered topics include, Fair Competition, Social Intellect, Monopolies, Concentration of Power and Cheating, Inequality, Welfare, Agency Problems, Information Asymmetry, Social Security, and, concentration of power on control over private data collection and information flow.Missing Intellect in Economics and Politics shows the reader how to think on macro economic and political issues, rather than what to think on them. Therefore, its content is not bound by any specific society, place or time, but is applicable in different occasions to reveal different but valid solutions.