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Yunker sets forth the case for initiation of a massive foreign development assistance effort termed the World Economic Equalization Program (WEEP). The scale of the program would dwarf that of all historical foreign aid programs, yet the proposed contributions by the donor nations would not be unmanageable. The richest nations would contribute amounts ranging from three to seven percent of their Gross National Products.

Computer simulations of a model of the proposed program over a 50 year period show the possibility of a tremendous rise in the living standards of the poor nations,...

The notion of a single political organization encompassing the whole of humanity--a world state--has intrigued mankind since earliest recorded history. This book provides a concise yet comprehensive overview of the history of world government, and questions whether political globalization, in the form of a federal world government, could and should complement the ongoing processes of economic and cultural globalization.

While the potential peacekeeping advantage of such a state is obvious, the consensus judgment has always been against it, because it could lead to...

This volume advocates pragmatic market socialism and offers a penetrating critique of the entire range of capitalist apologetics. As James A. Yunker envisions it, pragmatic market socialism would virtually duplicate the everyday economic functions of market capitalist economies, such as the United States' economy. However, public ownership of large, established corporations would enable profits to be distributed among the entire labor force rather than going largely to a class of inheriting rentiers. Pragmatic market socialism would be a means of enhancing economic justice and fairness...