The Left has seized on our economic troubles as an excuse to blame the rich guy” and paint a picture of capitalism and the free market as selfish, greedy, and cruel. Democrats in Congress and Occupy” protesters across the country assert that the free market is not only unforgiving, it’s morally corrupt. According to President Obama and his allies, only by allowing the government to heavily control and regulate business and by redistributing the wealth can we ensure fairness and compassion. Exactly the opposite is true, says Father Robert A. Sirico in his thoughtprovoking new book, Defending the Free Market: The Moral Case for a Free Economy. Father Sirico argues that a free economy actually promotes charity, selflessness, and kindness. And in Defending the Free Market, he shows why free-market capitalism is not only the best way to ensure individual success and national prosperity but is also the surest route to a moral and sociallyjust society. In Defending the Free Market, Father Sirico shows: Why we can’t have freedom without a free economy Why the best way to help the poor is to a start a business Why charity worksbut welfare doesn’t How Father Sirico himself converted from being a leftist colleague of Jane Fonda and Tom Hayden to recognizing the merits of a free economy. In this heated presidential election year, the Left will argue that capitalism may produce winners, but it is cruel and unfair. Yet as Sirico proves in Defending the Free Market, capitalism does not simply provide opportunity for material success, but it ensures a more ethical and moral society as well.
Defending the Free Market: The Moral Case for a Free Economy
$61.34
This book provides educational insights into economics, economic policy, and social studies.
Defending the Free Market: The Moral Case for a Free Economy
$16.47
This book explores economic theories and the moral arguments for capitalism, supporting studies in economics and political science.
Thirty years ago, the economic system of the Soviet empire–socialism–seemed definitively discredited. Today, the most popular figures in the Democratic Party embrace it, while the shapers of public opinion treat capitalism as morally indefensible. Is there a moral case for capitalism? Consumerism is an appalling spectacle. Free markets may be efficient, but are they fair? Aren’t there some things that we can’t afford to leave to the vicissitudes of the market? Robert Sirico, a onetime leftist, shows how a free economy–including private property, legally enforceable contracts, and prices and interest rates freely agreed to by the parties to a transaction–is the best way to meet society’s material needs. In fact, the free market has lifted millions out of dire poverty–far more people than state welfare or private charity has ever rescued from want. But efficiency isn’t its only virtue. Economic freedom is indispensable for the other freedoms we prize. And it’s not true that it makes things more important than people–just the reverse. Only if we have economic rights can we protect ourselves from government encroachment into the most private areas of our lives–including our consciences. Defending the Free Market is a powerful vindication of capitalism and a timely warning for a generation flirting with disaster.
Additional information
| Weight | 0.39 lbs |
|---|---|
| Dimensions | 15.2 × 2 × 22.9 in |
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