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

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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
Binding	Paperback
EAN	9780307463104
Edition	Reprint
ISBN	0307463109
Label	Crown Business
Manufacturer	Crown Business
NumberOfItems	1
NumberOfPages	400
PublicationDate	2011-06-21
Publisher	Crown Business
ReleaseDate	2011-06-21
SKU	APX7687321665999744
Studio	Crown Business

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

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