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

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by Steve Forbes, Elizabeth Ames
     
 

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ISBN-10: 0307463095

ISBN-13: 9780307463098

Pub. Date: 11/03/2009

Publisher: The Doubleday Religious Publishing Group

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

Overview

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 widely—and understandably—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.  This crisis of confidence is preventing a full recognition of how we got into the mess we're in today—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 rich—the car—and transform it into something affordable to working people.

In the capitalist system, economic growth doesn't mean more of the same—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.

Product Details

ISBN-13:
9780307463098
Publisher:
The Doubleday Religious Publishing Group
Publication date:
11/03/2009
Pages:
358
Product dimensions:
6.20(w) x 9.30(h) x 1.50(d)

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How Capitalism Will Save Us: Why Free People and Free Markets Are the Best Answer in Today's Economy 3.9 out of 5 based on 0 ratings. 9 reviews.
C_Anderson More than 1 year ago
This is a really interesting perspective on how we got into this financial crisis with very clear insights into a variety of areas including the role of government on business, the future of capitalism, and how we are going to get out of this current mess. Forbes looks at whether capitalism drove this recent economic collapse and comes suggests that there were very clear things that went wrong/people to blame, but at its core, capitalisim is still moral and the only way to fix this mess.
BigBounce89 More than 1 year ago
This book clearly lays out a plan for pulling ourselves out of the economic hole we have dug ourselves into.
Anonymous More than 1 year ago
This book helped me to understand "conservative" in today's business environment, and "capitalism". I came away more of a supporter of capitalism than ever. Too bad Washington isn't understanding this.
Anonymous More than 1 year ago
This book perfectly explains why capitalism is the greatest economic system and what we must do as a nation to create a prosperous future. It explains how we got into this current financial crisis and what is the best way to get out of it and prevent future recessions. It's all about disproving the lies of capitalism and it does it's job perfectly.
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Amneris More than 1 year ago
Mr. Forbes's depiction of "capitalism" as a system that "will save us" is simpleminded, even anachronistic. Moreover, the only portion of the book for which he can probably fairly claim authorship is an absurd collection of assertions of "Real World Lessons" at the end of each chapter, see, e.g.: "Occupational licensing, while necessary in some professions, raises prices and constricts employment." See also, "Outsourcing may destroy some jobs, but it ultimately results in more 'creation' than 'destruction' for the economy and Americans." Don't waste your money or your time.