Losing Social Intellect

In the last two decades, Free Market Economy and Democracy came to the brink of collapse. These systems will continue to stand at the edge of the hill unless their fundamental flaw is dealt with. Unfortunately, while the issues of secondary importance are freely discussed, it is a taboo to mention the elephant in the room: the social intellect threshold for the society for the proper functioning of Free Market Economy and Democracy is rising every passing day, while the Social Intellect of the society is not.

The freedom to choose does not have much of a meaning if the society does not have the ability to choose. When the society gets naive enough to be manipulated to make choices that transfer economic and political power to concentrated interest groups who serve their own interests at the expense of the society, Free Market Economy and Democracy fail to serve their functions.

Losing Social Intellect analyses why Social Intellect is weakening, how this shakes the foundations of the western social order, and what can be done to cure these troubles before the western economic and political systems are ruined.

THE SERIES

Losing Social Intellect is the first book of the series Fundamental Awareness in Economics and Politics.

Free Market Economy and Democracy came to the brink of collapse for the failure of their vital principles which either became inadequate in today’s complex environment, or worse, are deliberately misapplied in practice. These economic and political systems, therefore, can not survive unless their current structural problems are dealt with, and difficult but realistic solutions are implemented. Unfortunately, societies still fail to see the forest for the trees, and are wasting precious time by focusing on secondary issues.

This series aims to develop a fundamental awareness on the primary issues that need to be well recognized and well analysed, so that the required structural changes can be decisively put into practice before it is too late.

The series, planned to span six books, will soon continue with the books Competition and Cheating, and Inequality and Democracy.

THE AUTHOR

Salih Reisoglu  has served as the CEO of an Investment Management Company for 20 years, and is an expert on Capital Markets with over 30 years of experience in analysing economics and politics. He is a regular guest speaker on many TV channels and universities. He holds an M.Sc. in Computer Engineering from Lehigh University, and an MBA in Finance from the Wharton School of the University of Pennsylvania.