How Capitalism Will Save Us: Why Free People and Free Markets Are the Best Answer in Today's Economy

How Capitalism Will Save Us Why Free People and Free Markets Are the Best Answer in Today s Economy Has capitalism failed Is it fundamentally greedy immoral making the rich richer Are free markets Darwinian places where the ruthless crush smaller competitors where vital products services are price

  • Title: How Capitalism Will Save Us: Why Free People and Free Markets Are the Best Answer in Today's Economy
  • Author: Steve Forbes Elizabeth Ames
  • ISBN: 9780307463098
  • Page: 377
  • Format: Hardcover
  • Has capitalism failed Is it fundamentally greedy immoral, making the rich richer Are free markets Darwinian places where the ruthless crush smaller competitors, where vital products services are priced beyond the ability of many to afford them Capitalism is the world s greatest economic success story It s the optimal way to provide for the needs of peopleHas capitalism failed Is it fundamentally greedy immoral, making the rich richer Are free markets Darwinian places where the ruthless crush smaller competitors, where vital products services are priced beyond the ability of many to afford them Capitalism is the world s greatest economic success story It s the optimal way to provide for the needs of people foster the democratic moral values of a free society Yet the worst recession in decades has widely understandably shaken faith in our system Even before the current crisis, capitalism received a bad rap from a culture ambivalent about free markets wealth creation This crisis of confidence is preventing a full recognition of how we got into the mess we re in today why capitalism continues to be the best route to prosperity How Capitalism Will Save Us transcends labels by showing how economies really work When free people in free markets have energy to solve problems meet others needs, they turn scarcity into abundance innovate The freedom of democratic capitalism is what enabled Ford to take a plaything of the rich to make it affordable to workers In the capitalist system, economic growth doesn t mean of the same It s about change increasing overall wealth, giving people better lives.

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      Published :2018-09-24T03:01:57+00:00

    One thought on “How Capitalism Will Save Us: Why Free People and Free Markets Are the Best Answer in Today's Economy”

    1. This book is selective in its coverage and poorly written. Instead of providing actual arguments and evidence, the authors dole out unsupported statements as if they were facts. Here's a paragraph from page 187-188 of the hardcover book to illustrate my point:"Increased fuel-efficiency standards actually encourage consumption. Believing their vehicles are energy efficient, people have fewer qualms about driving more and having bigger cars. The number of miles driven and the number of vehicles ha [...]

    2. OK, before you get your panties all in a twist, let's remember who's writing the book and particular bias. Hey, he's Steven Forbes, businessman, net worth $430 million, and editor-in-chief of Forbes, son of Malcolm Forbes, grandson of B. C. Forbes. Enough said. He comes from money and he is money. He's not working class and never has been. He's not a left-wing demagogue, pundit, social engineer or radical economist looking to blame all economic ills on capitalism. So from that perspective, this [...]

    3. As someone who works in finance, has a good grasp of economics and believes that capitalism and the free-market system is necessary to a healthy, self-sufficient and progressive society, I found "How Capitalism Will Save Us" to be a simple, straightforward look at a subject that is constantly and hotly discussed and debated, even by those with little to no understanding of the topic.I appreciated the the way it was written so that those who are not too familiar with how finance and economics wor [...]

    4. I lost my patience with this book about a third of the way through when he just kept touting how government interventions were detrimental to economies, and then just suddenly accepting bailouts as necessary. To simplify an issue so much as to bash all economic problems as caused by government and then accept government bailouts as necessary is just a hypocrisy of distasteful magnitude. Furthermore, he sounds like an out of touch grandpa, complaining about the revering of Marx on college campuse [...]

    5. I have watched Steve Forbes on the Fox Business segment and I thought he was just another conservative ideolog, but this book was a refreshing take on economics, socio-economics, politics and business.The connections he draws between profits and capitalism were profound and gave me a better understanding to the working of an economy and the state of an economies in various other countries. If you want a better but simpler understanding of the current affairs (sub-prime burst, bail out, unions, h [...]

    6. This is a really good book on free-market capitalism. I especially like the format of the book, it takes many of the societal stereotypes about capitalism and answers them in 3-10 page answers. My only criticism of the book is some statistics are not sourced when they should be. There are 17 pages of end notes, and much is accounted for, it's just every once in a while there are is some statistic given that really needs to be sourced. Critics of the text will use this to try and tear it down, bu [...]

    7. I like the approach that Forbes uses in this book: he takes a common misconception about capitalism, forms it as a question, then provides a well-thought out answer. He doesn't talk down to or bash those who have these misconceptions; he just explains how real-world economics works.

    8. In this book, Steve Forbes make a very measured and reasonable argument in favor or capitalism. I learned a lot from his arguments and I look forward to reading his newest book because I always learn something from him.

    9. Excellent explanation of how capitalism works. Obama and the current administration should read and study THIS book instead of Marxist theory.

    10. I found this book on my 12-year old niece's desk, so I had to read it. At 12 one cannot possibly understand the essence of the question which is the title of this book, let alone comprehend the physiological, financial and material crisis that millions of americans experience during the market crashes.Let us start with the tile. It is a "how" question. The book spends most time talking about the idealistic features of capitalism; the ideal "usage" is quite simple- it is everything Regan implemen [...]

    11. For someone who is trying to have a better understanding of economic principles, I found this book to be very straight forward. It's a common sense explanation of how the "rich" people fuel the economy by investing in companies which creates jobs and puts cash flow into the economy. "Rich" people are always portrayed as the bad guy, but without them, our economy would completely collapse. And we have a choice about which "rich" guy gets our money. If they provide us with a good product (like App [...]

    12. Overall I thought that How Capitalism Will Save Us by Steve Forbes and Elisabeth Ames was a very interesting book. I liked this book because it contained a lot of good and interesting information. I did not like how the book would get boring at some points. But other than that it was good. This book is obviously about how Capitalism will save us, but it is also about how free people and free markets are the answer in today society. Some of the main ideas in this book consist of: how capitalism [...]

    13. How Capitalism Will Save Us: Why Free People and Free Markets Are the Best Answer in Today's Economy by Steve Forbes and Elizabeth Ames blames the Great Recession on Fannie Mae, Freddie Mac and former Federal Reserve Chairman, Alan Greenspan's low-interest-rate, weak-dollar policies. Capitalism's bad “Rap” is nothing new, as Forbes points out. Still, the fiscal crisis has prompted many to ask for more government regulation, so Forbes's argument on how the “invisible hand” of the market w [...]

    14. This surprised me by how well done it was; I've seen so many "rushed into print" books dealing with current issues that I half expected this to be shoddy. It was not. Forbes takes a topical approach rather than a theoretical one; at first I wasn't sure if I liked this but ended up deciding it would possibly make it easier for someone who knows little about economics or finance to understand. The chapter on health care was excellent; so was the one on finance and the stock market. Predictably, we [...]

    15. ow Capitalism Will Save Us is closely aligned with Steve Forbes’s public persona. Here the take-no-prisoners defender of capitalism – a stance that built his family’s media empire – romps in full battledress across the book’s pages. Published last November, Forbes and Ames run briskly through a long list of media comments bandied about during this terrible recession before vigorously countering, with “real-world lessons”, each critique suggesting America’s brand of capitalism des [...]

    16. I thought it was pretty straight forward. It is set up where a question is posed then it has a one sentence answer, folowed by a more lengthy answer. It has a lot of research put into it and answers a lot of questions people right now have about our economy and the merits of capitalism. I learned some new things and ideas. I felt there were a couple of times that they missed some things or didn't explain the background on different situations enough, but it was designed to have relatively short [...]

    17. A book about economics in a single lesson! The content runs parallel to the Ayn Rand ideology. The book shows the difference between greed and self-interest. It makes the case that the individuals are truly free, politically and economically,under a Democratic Capitalistic System. "Bashing rich people may be good for getting votes during political campaigns. They make their fortunes by meeting the needs and wants of other people."

    18. I found many interesting ideas in this book format is good to go back and reference but harder to read straight through The summary at the back of the book is excellent

    19. I enjoyed this book more for the varied questions that it brought up than for the content. While skimming some details and containing an obvious bias, the authors were able to clarify the ideological divide facing our nation. I look forward to fact checking and exploring different arguments that arose in my head while reading the book.

    20. Forbes is an ebullient booster of free market economics and in this work lays out a series of objections and responses in a variety of areas where market forces are in play. He writes clearly and succinctly, unlike many writers in economic theory.

    21. This should be required reading in introductory accounting courses. The examples are timely and relevant. I take issue with the writers' rationale for the bailout of GM and Chrysler and the text got repetitive in places but other than these, I have no complaints.

    22. Feel good, basic primer on capitalism. I like Forbes, I like capitalism. This book is as basic as it gets. Better primers can be found in Hazlitt's Economics in One Lesson, Friedman's Free To Choose, or Sowell's Basic Economics.

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