How Capitalism Will Save Us
Why Free People and Free Markets Are the Best Answer in Today's Economy
Chapter One
"Is Capitalism Moral?"
The Rap eCapitalism is an amoral, dog-eat-dog system founded on greed and the survival of the fittest.
The Reality eCapitalism is the world's most humane economic system, promoting the democratic values of a free and open society: hard work, cooperation, generosity, charity, and devotion to the rule of law.
Is capitalism moral? The question has been debated since before the days of Karl Marx. But it has more relevance today than ever in the wake of the recent financial crisis and recession.
Capitalism's critics insist that evidence of its "immorality" is everywhere—from the collapse of Enron in the early 2000s to the "predatory lending" that helped bring on the subprime-mortgage meltdown and subsequent recession to investment adviser Bernard Madoff's mammoth $50 billion Ponzi scheme that wiped out personal and institutional fortunes around the globe. These and other events, they say, demonstrate that the free market is a winner-take-all jungle, a place where the most ferocious ...
read full excerpt from: How Capitalism Will Save Us ebook
