Carey Center Essay Contest
NCEO founder and senior staff member
The Carey Center for Democratic Capitalism (www.democratic-capitalism.com) is sponsoring an essay contest for students (middle school through college, or in adult education or online education programs) on "democratic capitalism." The Center was founded by Raymond Carey, former CEO and chairman of ADT, a major provider of security systems now owned by Tyco. While at ADT, Carey created an innovative profit sharing and employee stock purchase plan and promoted systems for greater employee involvement in work-level decisions. Now he is seeking to promote the concepts of what he calls democratic capitalism, a system with a wider distribution of ownership and participation at all levels as well as changes in government and corporate practices to discourage what he calls "ultra-capitalism," characterized by extreme wealth concentration and excessive focus on financial manipulation.
Essays should be 300 to 800 words long. Winners will receive a $500 prize; two will win a $1,000 prize. Details are on the Carey Center's Web site.