Written in straight-forward language by leading Islamic scholars, 14 essays cover the basics of Islamic faith and practice, the foundations of state and society, the early Muslim empires, Islamic universalism in the later Middle Ages, and the later Muslim empires.

Islam: The Religious and Political Life of a World Community

Kelly, Marjorie

Praeger Publishers

Offers a bold solution to our recurring economic crises: innovative new forms of institutional ownership. Takes the reader on a global journey to meet the people and organizations that are pioneering new forms of life - sustaining ownership. By the author of the classic The Divine Right of Capital. Looking around at the wreckage left in the wake of the world economy s latest crisis, veteran business journalist Marjorie Kelly noticed that some institutions were left relatively unscathed. What did they have in common? The key, Kelly realized, is seemingly obscure: ownership. Prominent among the survivors were organizations that combined the flexibility of traditional private ownership with a focus on the common good. As long as businesses are set up to focus exclusively on maximizing quarterly returns for a limited group of individuals, the economy will be plagued by destructive boom - bust cycles. But now people are experimenting with new forms of ownership. We are in the midst of the most creative period of economic innovation since the dawn of the Industrial Revolution. Kelly calls these new forms generative: aimed at creating the conditions for life for many generations to come. They are in contrast to the dominant ownership designs of today, which can be called extractive: aimed at extracting short - term financial wealth. To understand these emerging ownership alternatives, Kelly reports from all over the world, visiting a community - owned wind facility in Massachusetts, a lobster cooperative in Maine, a multibillion - dollar employee - owned department - store chain in London, a foundation - owned pharmaceutical in Denmark, a farmer - owned dairy in Wisconsin, and other places where an economy that works for all is being built. This is not a moment for old solutions and tired approaches. As we enter a new era of limits, alternative ownership designs can help it become an era of fairness, sustainability, and community.

Owning Our Future: The Emerging Ownership Revolution (16pt Large Print Edition)

Business & Money

Economics

ReadHowYouWant

Offers a bold solution to our recurring economic crises: innovative new forms of institutional ownership.Takes the reader on a global journey to meet the people and organizations that are pioneering new forms of life - sustaining ownership.By the author of the classic The Divine Right of Capital.Looking around at the wreckage left in the wake of the world economy s latest crisis, veteran business journalist Marjorie Kelly noticed that some institutions were left relatively unscathed. What did they have in common? The key, Kelly realized, is seemingly obscure: ownership. Prominent among the survivors were organizations that combined the flexibility of traditional private ownership with a focus on the common good.As long as businesses are set up to focus exclusively on maximizing quarterly returns for a limited group of individuals, the economy will be plagued by destructive boom - bust cycles. But now people are experimenting with new forms of ownership. We are in the midst of the most creative period of economic innovation since the dawn of the Industrial Revolution. Kelly calls these new forms generative: aimed at creating the conditions for life for many generations to come. They are in contrast to the dominant ownership designs of today, which can be called extractive: aimed at extracting short - term financial wealth.To understand these emerging ownership alternatives, Kelly reports from all over the world, visiting a community - owned wind facility in Massachusetts, a lobster cooperative in Maine, a multibillion - dollar employee - owned department - store chain in London, a foundation - owned pharmaceutical in Denmark, a farmer - owned dairy in Wisconsin, and other places where an economy that works for all is being built.This is not a moment for old solutions and tired approaches. As we enter a new era of limits, alternative ownership designs can help it become an era of fairness, sustainability, and community.

Owning Our Future: The Emerging Ownership Revolution

A powerful analysis of how the bias towards wealth that is woven into the very fabric of American capitalism is damaging people, the economy, and the planet, and what the foundations of a new economy could be. This bold manifesto exposes seven myths underlying wealth supremacy, the bias that institutionalizes infinite extraction of wealth by and for the wealthy, and is the hidden force behind economic injustice, the climate crisis, and so many other problems of our day- The Myth of Maximizing- No amount of wealth is ever enough. The Myth of Fiduciary Duty- Corporate managers' most sacred duty is to expand capital. The Myth of Corporate Governance- Corporate membership must be reserved for capital alone. The Myth of the Income Statement- Income to capital must always be increased, while income to labour must always be decreased. The Myth of Materiality- Profit-material gain-alone is real, while social and environmental damages are not. The Myth of Takings- The first duty of government must be the protection of private property. The Myth of the Free Market- There should be no limits on the field of action of corporations and capital. Kelly argues instead for the democratization of ownership- public ownership of vital services, worker-owned businesses, and more. And she sketches the outlines of a non-extractive capitalism that would be subordinate to the public interest. This is an ambitious reimagining of the very foundations of our economy and society.

Wealth Supremacy: How the Extractive Economy and the Biased Rules of Capitalism Drive Today’s Crises

Berrett-Koehler Publishers

Our economy is designed by the 1 percent, for the 1 percent. This book offers a compelling vision of an equitable, ecologically sustainable alternative that meets the essential needs of all people. We live in a world where twenty-six billionaires own as much wealth as half the planet's population. The extractive economy we live with now enables the financial elite to squeeze out maximum gain for themselves, heedless of damage to people or planet. But Marjorie Kelly and Ted Howard show that there is a new economy emerging focused on helping everyone thrive while respecting planetary boundaries. At a time when competing political visions are at stake the world over, this book urges a move beyond tinkering at the margins to address the systemic crisis of our economy. Kelly and Howard outline seven principles of what they call a Democratic Economy: community, inclusion, place (keeping wealth local), good work (putting labor before capital), democratized ownership, ethical finance, and sustainability. Each principle is paired with a place putting it into practice: Pine Ridge, Preston, Portland, Cleveland, and more. This book tells stories not just of activists and grassroots leaders but of the unexpected accomplices of the Democratic Economy. Seeds of a future beyond corporate capitalism and state socialism are being planted in hospital procurement departments, pension fund offices, and even company boardrooms. The road to a system grounded in community, democracy, and justice remains uncertain. Kelly and Howard help us understand we make this road as we walk it by taking a first step together beyond isolation and despair.

The Making of a Democratic Economy: How to Build Prosperity for the Many, Not the Few

Howard, Ted

Wealth inequity, corporate welfare, and industrial pollution are the symptoms of our sickened economy, Marjorie Kelly suggests. The underlying illness is shareholder primacy. In The Divine Right of Capital, she shows that the corporate drive to maximize shareholder profits at any cost is not only out of step with democratic and free-market principles, but is detrimental to the long-term health of individual companies and the economy as a whole. Kelly offers a far-reaching solution to rebuild corporations in a way that serves all.

The Divine Right of Capital: Dethroning the Corporate Aristocracy

Biography & History

Summary 
Public corporations focus all their energy on maximizing returns to stockholders, often at the expense of employees, communities, even the environment. But as Marjorie Kelly ably demonstrates, there's no rational reason to do so. It's a form of discrimination based on property. It's aristocratic. And its out-of-step with both democratic and free market ideals. 
------------------------------------------------------------------------ 
Description 
They contribute nothing, but they must be allotted a share of what’s produced--it’s the law . In fact, the whole system is set up for their benefit. The more they get, the better the system is "working". They have no responsibilities other than to sit back and collect their cut. Those actually responsible for production are considered transferable assets, at best--more often mere expenses to be minimized as much as possible. 
They’re not the medieval aristocracy. Nor are they the pre-Revolution ancien regime, or ante-bellum plantation owners. They’re corporate shareholders. 
In this provocative new publication, Marjorie Kelly, founder and publisher of Business Ethics magazine, argues that modern business’s focus on maximizing shareholder return is fundamentally flawed. Corporations favor stockholders when there’s no rational reason to do so. The overwhelming majority of stock purchases contribute nothing to the corporation’s top or bottom line, nor do shareholders contribute anything else. And corporate obsession with shareholder return often comes at the expense of concerns about employee or community welfare. 
Kelly sees this obsession with shareholder return as the core problem of modern capitalism, the root cause of such phenomena as bloated CEO pay, sweatshops, speculative excesses and stagnant wages. In major public corporations this obsession amounts to property bias, which is akin to racial or gender bias. 
"Civilization has crossed a great divide, from monarchy to democracy", Kelly says. "But we have democratized only government, not economics. Property bias keeps our corporate worldview rooted in the pre-democratic age. To change this, we begin by seeing it." 
"With this fascinating and iconoclastic 54-page booklet Marjorie Kelly opens our eyes to an unexamined vestige of aristocratic thinking which is exerting a profoundly negative impact on modern society. 
This booklet is part one of a four-part work-in-progress by Marjorie Kelly entitled The Divine Right of Capital, which will further detail how the corporate mandate to maximize return to shareholders is out of step with democratic ideals. 
This booklet is also the first in the Beyond the Bottom Line series. Six times a year Beyond the Bottom Line publishes provocative, thought-provoking, often controversial booklets by some of the most original thinkers of our times--essays that challenge conventional economic thinking and point the way to a more humane, enlightened world of work.

Is Maximizing Returns to Shareholders a Legitimate Mandate?: Number 1 in the Beyond the Bottom Line Series

Business Culture

As long as businesses are set up to focus exclusively on maximizing financial income for the few, our economy will be locked into endless growth and widening inequality. But now people are experimenting with new forms of ownership, which Marjorie Kelly calls generative: aimed at creating the conditions for life for many generations to come. These designs may hold the key to the deep transformation our civilization needs. To understand these emerging alternatives, Kelly reports from all over the world, visiting a community-owned wind facility in Massachusetts, a lobster cooperative in Maine, a multibillion-dollar employee-owned department-store chain in London, a foundation-owned pharmaceutical company in Denmark, a farmer-owned dairy in Wisconsin, and other places where a hopeful new economy is being built. Along the way, she finds the five essential patterns of ownership design that make these models work.

Seventy-one percent of Americans say they believe the economic system is rigged against them--but what's the alternative? This quietly subversive book challenges the unquestioned norms and assumptions of today's capitalism--and shows how a better future is being built through the work of unsung leaders in communities everywhere. From Pine Ridge to Cleveland, a fundamentally different economy is in the making. It's no longer a system of, by, and for the 1 percent. It's an economy of, by, and for the people--a democratic economy that can meet the essential needs of all while respecting planetary boundaries. At a time when competing political visions are at stake the world over, this book urges a move beyond tinkering at the margins to address the systemic crisis at the heart of our economic system. Visiting the frontiers of the new, Marjorie Kelly and Ted Howard distill the first principles at work in this emerging movement: community and sustainability are the alpha and omega, inclusion is vital, labor comes before capital, place matters, finance is ethical, and ownership is democratized. This book tells stories not just of activists and grassroots leaders but of the unexpected accomplices of the democratic economy. Seeds of a future beyond corporate capitalism and state socialism are being planted in hospital procurement departments, pension fund offices, and even company boardrooms.

The Making of a Democratic Economy

Dreamscape Media

See the best price to sell, buy, or rent books by Kelly, Marjorie. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Kelly, Marjorie

See the best price to sell, buy, or rent books by Kelly, Marjorie. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Islam: The Religious and Political Life of a World Community

Owning Our Future: The Emerging Ownership Revolution (16pt Large Print Edition)

Owning Our Future: The Emerging Ownership Revolution

Wealth Supremacy: How the Extractive Economy and the Biased Rules of Capitalism Drive Today’s Crises

The Making of a Democratic Economy: How to Build Prosperity for the Many, Not the Few

The Divine Right of Capital: Dethroning the Corporate Aristocracy

Is Maximizing Returns to Shareholders a Legitimate Mandate?: Number 1 in the Beyond the Bottom Line Series

Owning Our Future: The Emerging Ownership Revolution

The Making of a Democratic Economy