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Books > Social sciences > Politics & government
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Why Capitalism? (Hardcover, New)
Loot Price: R579
Discovery Miles 5 790
You Save: R64
(10%)
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Why Capitalism? (Hardcover, New)
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List price R643
Loot Price R579
Discovery Miles 5 790
You Save R64 (10%)
Expected to ship within 10 - 15 working days
|
The financial crisis caused many genuinely to reconsider the
desirability and feasibility of capitalism. In Why Capitalism?,
renowned economist Allan Meltzer addresses what he feels are key
issues that critics of capitalism routinely fail to adequately
recognize . These include the power of incentives and capitalism's
adaptability to varying morals, ideals, and cultures. Meltzer
argues that while capitalism is not perfect, it is the best option
for providing growth and personal freedom. Citing Kant, he stresses
that most of the faults and flaws on which critics dwell are human
faults and are not systemically inherent to capitalism. Other
topics he addresses include the regulated welfare state and how it
invites corruption, arbitrary decisions, and circumvention; and
irresponsible deficit spending and the unsustainable, unfunded
promises by politicians eager to please. Why Capitalism? is a
short, powerful book that will raise the level of the current
debate among politicians, scholars in the political sciences, and
general readers interested in the political issues brought to light
by the recent financial crisis, written by one of the strongest
voices the public dialogue on the fundamental economic ideas on
which the United States economy is based.
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