How Capitalism Will Save Us: Why Free People and Free Markets

How Capitalism Will Save Us: Why Free People and Free Markets Are the Best Answer in Today's Economy

Has capitalism failed?
Is it fundamentally greedy and immoral, enabling the rich to get richer? Are free markets Darwinian places where the most ruthless crush smaller competitors, where vital products and services are priced beyond the ability of many people to afford them?
Capitalism is the world's greatest economic success story. It is the most effective way to provide for the needs of people and foster the democratic and moral values of a free society. Yet the worst recession in decades has widelyâ€”and understandablyâ€”shaken people's faith in our system. Even before the current crisis, capitalism received a "bad rap" from a culture ambivalent about free markets and wealth creation.Â This crisis of confidence is preventing a full recognition of how we got into the mess we're in todayâ€”and why capitalism continues to be the best route to prosperity.

How Capitalism Will Save Us transcends labels such as "conservative" and "liberal" by showing how the economy really works. When free people in free markets have energy to solve problems and meet the needs and wants of others, they turn scarcity into abundance and develop the innovations that are the foremost drivers of economic growth. The freedom of democratic capitalism is, for example, what enabled Henry Ford to take a plaything of the richâ€”the carâ€”and transform it into something affordable to working people.

In the capitalist system, economic growth doesn't mean more of the sameâ€”grinding out a few more widgets every year. It's about change to increase overall wealth and give more people the chance for a better life.

From the Hardcover edition.
Country USA
Brand Currency
Manufacturer Crown
Binding Paperback
ItemPartNumber unknown
Color Cream
ReleaseDate 2011-06-21
UnitCount 1
EANs 9780307463104

Country	USA
Brand	Currency
Manufacturer	Crown
Binding	Paperback
ItemPartNumber	unknown
Color	Cream
ReleaseDate	2011-06-21
UnitCount	1
EANs	9780307463104

How Capitalism Will Save Us: Why Free People and Free Markets Are the Best Answer in Today's Economy

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