How Capitalism Will Save Us: Why Free People and Free Markets Are the Best Answer in Today’s Economy
- ISBN13: 9780307463098
- Condition: NEW
- Notes: Groundbreaking New from Publisher. No Remainder Mark.
Product Description
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 tale. 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 “terrible 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 marks 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.
How Capitalism Will Save Us: Why Free People and Free Markets Are the Best Answer in Today’s Economy
About This Post
FDR protected crapitalism (and us) from itself for nearly 50 years. Reagan’s deregulation, along with Gramm’s, took less than 30 years to bring the economy to its knees. Give me a break, Steve!
Rating: 1 / 5
This is pathetic. You’ll like it a lot if you own other books titled “Why God Really WILL Save Us” and “Maybe Blacks Aren’t Equal After All”. It’ll be an empty gesture of comfort to hold up your traditional beliefs of captalism’s invincibility. But if you truly believe that, you don’t need a book to remind you of your faith. Just stay in your comfort zone and wait for Jesus to come get you.
Imagine a society with an abundance of energy. How would one make money off of non-scarcity? The value is gone. The profit motive of capitalism is exactly why we still use fossil fuels and not photovoltaic, solar-thermal, wind, tidal, wave and geothermal power exclusively. There’s no money to be made off of free energy and so corporations will continue to flex their power through lobbying and market manipulation to keep themselves in business. A broad example, but one that should be thought about.
This book is trash. If anyone finds this book generations from now, they will look at it and laugh.
Rating: 1 / 5
I doubt seriously that Steve Forbes wrote this crap, but it’s sad that such a person would allow his name to be associated with such garbage in the interest of politics. Maybe it’s just “greed”. Didn’t reckon Steve was hard-up for money, tho..
I guess this Elizabeth Ames (aka: Wannabe Writer) cranked out this “Fox News” version of the Economic Melt-down to prop up “The Party of No” and the Tea-Baggers who will spring for this swill.
I do have one question, tho.. Does Ms. Ames know any other pithy phrases than “Terrible Rap”?? Is she trying to be “Retro ’70’s” in her writing style?? Or is the book purposely “Dumbed-Down” for the “Fantastic Unwashed” (or the Right Wingnuts)? Here is a suggestion Ms Ames, take a few dollars out of your royalty payment and buy a book, commonly called “Roget’s Thesaurus”.. It is a better and more fascinating book than “How Capitalism Will Save Us”…..
Rating: 1 / 5
I would not hesitate to read this book if it did not make some serious misstatements about the Honest Tax. I agree with every part of what the title suggests, but I could not get past the front cover knowing that inside was an attack on what is the best chance America has to reverse the current trend of mediocrity and government dependence. The road to reform and eventual return of prosperity to our fantastic country will certainly prove to be an arduous one. Attacks from within will only ensure our failure. The Honest Tax is the most extensively researched piece of legislation to ever be presented in the House of Representatives; to misrepresent it because someone else’s name is linked to it (Forbes name is associated with the flat tax ) is simply disingenuous. I realize that high profile figures are always looking to improve their own popularity and reputation, but there is no shame in supporting an thought that is not originally yours – especially if that thought has the potential to return America to greatness. The Honest Tax is an thought that will do exactly that.The Honest Tax Book: Saying Goodbye to the Income Tax and the IRS
Rating: 2 / 5
The US has just experienced the worst financial crisis since the Fantastic Depression. What caused it?–the reckless lending behavior of banks. Where has this left us?–some of our cities are bankrupt, retirees have watched pensions and savings diminish, many people have lost jobs, others have lost their homes, and the government is printing money to keep the economy going. If “Capitalism Will Save Us” what are today’s Carnegies and Rockefellers doing? Are they building schools, health centers, or high-speed rails? Are they revitalizing out inner cities? Not that I’ve noticed. They balk at losing bonuses and they balk at paying taxes.
Mr. Forbes needs to worry about saving capitalism which is threatened by too much wealth in too few hands. Air conditioning for the rest of us is not enough. Yes, some billionaires have a social conscience but most are self serving. A one time tax on accumulated wealth above $15M and on annual incomes in excess of $500,000 would be a step in the right direction.
Rating: 2 / 5