Capitalism by Arthur Seldon

Capitalism by Arthur Seldon

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Summary

The market system has, since the eighteenth century, brought enormous gains in living standards, in contradiction to the Marxist theories that predicted capitalism's collapse. This title explains why, despite its apparent imperfections, the market system is infinitely preferable to the alternatives.

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Capitalism by Arthur Seldon

Arthur Seldon';s new book is a tenacious and elegant ';celebration'; of capitalism despite its faults. Traditionally, socialist critics have contrasted capitalism as it is in the world we have known with socialism as it is envisaged in a world they have yet to demonstrate is possible. It creates a false debate that socialism must win and capitalism cannot win whatsoever its achievements. Furthermore, it confuses the people';s choice between the ';capitalist hell'; they know and the ';socialist heaven'; they are promised. Using the methodology of the critics of capitalism in the opposite direction, the book places socialism as it is against capitalism as it could be. Arthur Seldon argues that neither system is without faults and failures, but that an informed choice is properly made by assessing the degree to which they can be corrected. The book argues that, unlike socialism, the waknesses of capitalism are not inevitable nor fundamental to the system it creates and concludes that it is with capitalism that the choice must lie. --This text refers to an out of print or unavailable edition of this title.
SKU Unavailable
ISBN 13 9780255365987
ISBN 10 0255365985
Title Capitalism
Author Arthur Seldon
Condition Unavailable
Binding Type Paperback
Publisher Institute of Economic Affairs
Year published 2007-04-01
Number of pages 96
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.