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Full Description
Best-selling author and historian, Rainer Zitelmann, shows how contrary to popular opinion capitalism is a force for good, enabling prosperity, alleviating poverty and improving people's lives around the world.
A companion volume to the author's seminal work, In Defence of Capitalism, this book explores the achievements of capitalism across five continents, and demonstrates its success in providing a true platform for economic growth and development. In the words of the subtitle, capitalism is not the problem, but the solution.
With foreword by Arthur B. Laffer and Brian Domitrovic.
Contents
Foreword by Arthur B. Laffer and Brian Domitrovic.
Introduction: Field Experiments in Human History.
1. China: From Famine to Economic Miracle.
2. Africa: Capitalism Is More Effective against Poverty than Development Aid.
3. Germany: You Can't Overtake a Mercedes in a Trabant.
4. North and South Korea: Kim Il-Sung versus the Wisdom of the Market.
5. Chancing More Capitalism: Thatcher's and Reagan's Pro-Market Reforms in the UK and the US.
6. South America: Why Are Chileans Better Off than Venezuelans?
7. Sweden: The Myth of Nordic Socialism.
8. Economic Freedom Increases Human Welfare.
9. The Financial Crisis: A Crisis of Capitalism?
10. Why Intellectuals Don't Like Capitalism.
11. An Urgent Appeal for Pro-Capitalist Reforms.
Bibliography.
Index of Persons.



