Billy Ray Miller

The Success of Venture Capital following the Death of Communism

• Broschiertes Buch

Produktbeschreibung

The US Secretary of Agriculture named this work as USDA's most successful international project in 2002. Successors to the work continue in an Armenian Foundation -Armenian Center for Agribusiness and Rural Development and in the new Armenian National Agrarian University -whose roots are in the Agribusiness Teaching Center of USDA Marketing Assistance Project (MAP). Results can be seen at CARD.AM and at ICARE.AM as these efforts document Armenian continuation of work begun in MAP by the author during 1998-2000. An important lesson learned from this history concerns how rule-makers of communism easily used the legal rules of communism for corrupt black market gain, resulting in ultimate death of communism. New US Rules: Concern is raised for how new US rules for gun control and voting rights threaten US democracy. Absence of new US rules for commerce have allowed a bi-model income distribution to become a disruptor of US market economy. Economic policy solutions to this problem are presented.

Produktdetails

• Verlag: Archway Publishing
• Seitenzahl: 112
• Erscheinungstermin: 2. September 2025
• Englisch
• Abmessung: 235mm x 191mm x 6mm
• Gewicht: 226g
• ISBN-13: 9781665771450
• ISBN-10: 1665771453
• Artikelnr.: 75405546

Autorenporträt

Beginning with Karl Marx, the master rule-maker of communism, the narrative continues with some rules of communist rule-makers in Hungary, Poland, Ukraine and Russia where the harsh environment created by the rule-makers reveals an environment of limited opportunity and stagnation. This environment reached a low point in Armenia. There, the concept of a bankrupt State was fully revealed as one that failed to provide citizens what was promised. Example: The bankrupt State promised, but could no longer provide food. In the early nineties, one of every two loaves of bread in Armenia came from American wheat. The initial American response began as a typical government-to-government aid program to create a Federal Extension System to support agriculture. But, under the author's direction, in 1998-2000, the work evolved into a program using venture capital in direct support of local producers and local consumers. Results of the work include accomplishments of 65 new agribusiness firms now supported by a successful non-profit Armenian Foundation; see CARD.am. Also, see a new Armenian National Agrarian University (ANUA) that grew from the Agribusiness Teaching Center initiated by the author. In Armenia the rules of communism are rapidly being replaced by the rules of democracy and market economy. The soft power of using venture capital as diplomacy is apparent. Viewing failure of the rules and the rule makers raises concern about the role of rules and rule-makers in the US economy. Many believe the US Supreme Court's First Amendment ruling on guns and their Second Amendment ruling on Corporate free speech, significantly altered the daily life and cultural fabric of the nation. Of greater concern is that no new rules are being proposed to change the rules on increasing the national debt. Attention is called to the direct relationship between national debt and the growing social safety net. Both the size of the debt and the social safety net are directly determined by national income. New to America, national income is being transformed by a non-competitive and a non-democratic concept of bi-modal income distribution. This concept is defined and some policies for control are presented.