Book excerpt: This book is a treatise on how to create real democracy by leveling the world economic playing field. It maintains that current democracy is pseudo democracy. It maintains that global free trade is unfair trade and is causing failed states. Parity Economics offers a solution that is fair for all. It shows how every country can create an economy that will generate jobs so that its people do not have to immigrate for employment. Only a viable economy based on Parity Economics can provide a full employment economy that will support genuine democracy. Parity Democracy will be the first real representative democracy in history.