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Capitalism Unbound: The Incontestable Moral Case for Individual Rights [Paperback]

Andrew Bernstein
4.4 out of 5 stars  See all reviews (9 customer reviews)

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Book Description

November 11, 2009 0761849696 978-0761849698
Capitalism Unbound: An Incontestable Moral Case for Individual Rights is a concise explanation of capitalism's moral and economic superiority to all forms of socialism, including America's current mixed-economy welfare state. Bernstein shows that the current crisis is essentially similar to the Great Depression in its causation and in the steps necessary to resolve it. The book's concluding section applies moral and economic principles to the current economic crisis, showing that government intervention is its cause and a policy of laissez-faire its necessary solution. Furthermore, socialist/statist policies are universally the cause of social calamities and that the answer lies in individual rights and laissez-faire capitalism. The principles that this book clearly articulates are timeless; in diverse forms, the conflicts these principles explain will recur repeatedly throughout history. As a result, this book is relevant not merely today, but will be forever.
Bernstein accomplishes all of this in a concise, lively, impassioned volume that is fully accessible to potentially countless readers.

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Capitalism Unbound: The Incontestable Moral Case for Individual Rights + Capitalist Solutions: A Philosophy of American Moral Dilemmas
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Product Details

  • Paperback: 146 pages
  • Publisher: University Press of America (November 11, 2009)
  • Language: English
  • ISBN-10: 0761849696
  • ISBN-13: 978-0761849698
  • Product Dimensions: 6.1 x 0.4 x 9.1 inches
  • Shipping Weight: 7.2 ounces (View shipping rates and policies)
  • Average Customer Review: 4.4 out of 5 stars  See all reviews (9 customer reviews)
  • Amazon Best Sellers Rank: #261,029 in Books (See Top 100 in Books)

Editorial Reviews

Review

Capitalism Unbound is a triumph. Passionately written and painstakingly researched, Bernstein's primer on capitalism is actually an urgent call-to-arms for individual rights. This is a must-read book for those who love liberty and are concerned about the country's present course. (Jonathan Hoenig, portfolio manager, Capitalistpig Hedge Fund LLC and Fox News contributor )

In Capitalism Unbound, Andrew Bernstein has presented the too-often neglected but essential moral case for capitalism alongside the historical and economic one. The great virtue of this work is the taut and well-written prose that makes it both easily digestible and full of important ideas. In these times when capitalism is unfairly blamed for every social ill, Bernstein's work should be read by everyone as the antidote. His rousing call to unleash the human mind and celebrate productivity is both rare and to be cherished. (Dr. Eric Daniels, research assistant professor, The Clemson Institute for the Study of Capitalism )

About the Author

Andrew Bernstein holds a Ph.D. in philosophy from the Graduate School of the City University of New York. His book, The Capitalist Manifesto: The Historic, Economic and Philosophic Case for Laissez-Faire was published by University Press of America in 2005 and a second work, Objectivism in One Lesson: An Introduction to the Philosophy of Ayn Rand, was published by Hamilton Books in 2008. Andrew Bernstein is also the author of the Cliff Notes for Anthem, The Fountainhead, and Atlas Shrugged. Additional essays and information about Dr. Bernstein can be found at his website: www.andrewbernstein.net.

Product Details

  • Paperback: 146 pages
  • Publisher: University Press of America (November 11, 2009)
  • Language: English
  • ISBN-10: 0761849696
  • ISBN-13: 978-0761849698
  • Product Dimensions: 6.1 x 0.4 x 9.1 inches
  • Shipping Weight: 7.2 ounces (View shipping rates and policies)
  • Average Customer Review: 4.4 out of 5 stars  See all reviews (9 customer reviews)
  • Amazon Best Sellers Rank: #261,029 in Books (See Top 100 in Books)

More About the Author

Andrew Bernstein holds a Ph.D. in Philosophy from the Graduate School of the City University of New York. He teaches Philosophy at Pace University in Pleasantville, New York, and at the State University of New York at Purchase. Dr. Bernstein is a speaker for the Ayn Rand Institute and lecturer on Ayn Rand's novels throughout the United States.

Customer Reviews

4.4 out of 5 stars
(9)
4.4 out of 5 stars
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Most Helpful Customer Reviews
24 of 26 people found the following review helpful
5.0 out of 5 stars excellent, concise case for individual rights December 29, 2009
Format:Paperback
Andrew Bernstein is an expert in making the most important and complex ideas about philosophy and history accessible to intelligent laypeople. This is a fantastic little book for anyone who is interested in the "moral case for individual rights", a moral case which recognizes the freedom of every human being to pursue his own life, liberty, property, and pursuit of happiness. Bernstein contrasts the argument for capitalism against the many worldviews which claim that the individual is the disposable property of his neighbors. Regarding today's economic crisis, he succeeds in indicting America's dangerous mixture of freedom and growing government controls. I strongly recommend this book to anyone who is interested in defending the morality of capitalism.
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7 of 8 people found the following review helpful
5.0 out of 5 stars At last:The truth about capitalism July 19, 2010
Format:Paperback|Amazon Verified Purchase
The foundation of capitalism is individual rights. As such, capitalism is essentially a social system. It is from this perspective that Andrew Bernstein's Capitalism UnBound stunningly shows why and how the protection of individual rights gives rise to prosperity, and creates a nation of benevolently generous wealth holders.

Bernstein adroitly concretizes individual rights to illustrate one's personal stake in capitalism. In a slim volume (133 pages), he offers in clear language aimed at the layman a riveting presentation of capitalism's true nature.

He then proceeds to a galvanizing review of its antipode---collectivism---in the form of socialism. Shuddering examples of socialism's destructiveness show the reader that every socialist system is a loot-and-kill system, fully dependent on the able. Looters and killers do not create values. Ergo, they cannot sustain themselves without victims.

In one of a score of astute observations, Bernstein states: "If socialism, not capitalism, were the political-economic system generating prosperity, then Cuba, North Korea, and the former Soviet Union would be (or have been) wealthy---and the United States and other capitalist (or semi-capitalist nations) poor. But the reverse is manifestly true."

Mixed economies lead to totalitarianism, Bernstein states. He backs up his statement providing a hair-raising examination of various government policies that plague us today in our own mixed economy---policies with which a government hog-ties and castrates producers, employer and employee alike, that seek to earn their own way and enjoy life.
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8 of 10 people found the following review helpful
Format:Paperback|Amazon Verified Purchase
Andrew Bernstein has written a convenient and compact book that presents the essential case for capitalism, the system of individual rights. In less than 150 pages the book manages to present the key historical facts of capitalism's origin, its success, and the moral and economic facts that ought to convince any person who does not understand the case for free markets. Highly recommended!
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6 of 8 people found the following review helpful
5.0 out of 5 stars A Must Read! March 26, 2010
Format:Paperback|Amazon Verified Purchase
Highly recommend - Buy it! Read it! Enjoy it! Dr. Bernstein defends the title of his book brilliantly. In a mere 133 pages, he succinctly takes us on a parallel journey from the living conditions and economy of the pre-Enlightenment to the present, and the only morality that can make such progress and benevolence possible.
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3 of 4 people found the following review helpful
5.0 out of 5 stars Required knowledge March 15, 2010
Format:Paperback|Amazon Verified Purchase
This slim book does a superb job, in a limited space, of describing what happened when innocent men finally enjoyed freedom in the 19th century, and how reason and morality require more of the same: a social system upholding individual rights. I have been reading Ayn Rand's books for years, and I think part of what Dr. Bernstein has done here is to make it much easier for someone with limited time to follow Rand's recommendation, in "Faith and Force", to learn the *actual* history of capitalism in order to "see" it in practice, and then to judge its moral stature by the standard of enabling individuals to pursue their own happiness. If you enjoyed Atlas Shrugged, you will find this passionate description and defense of capitalism satisfying.
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14 of 21 people found the following review helpful
3.0 out of 5 stars Good facts, could be presented better February 3, 2010
Format:Paperback|Amazon Verified Purchase
Knowing the facts, I really wanted this to be a great book I could feel comfortable giving to others. While I realize this book was not meant to be the treatise that his prior work on the subject, The Capitalist Manifesto: The Historic, Economic and Philosophic Case for Laissez-Faire was, I found this book lacking in three key ways.

First was lack of clear organization. Despite the fact that there are various conceptual hierarchies that could have been used, I was unable to detect any behind the layout used. In addition to making the material harder to digest, I suspect it will make it easier for those looking to evade the truth to say that examples were chosen to "prove" certain points while other examples which (allegedly) would have disproven them were ignored. For example, it is said that "monopolies" cannot exist without government interference. But to make that statement, an alternate definition of monopoly was used. As an example, a railroad monopoly from over a century ago was used. It would have been more instructive to examine the case of Microsoft, one more people are aware of today.

The second issue I had was the fact that several key points where not mentioned. As one example of a simple truth that would have bolstered the case, but was omitted, is the fact that there is no such thing as an unjust price (or price gouging) when it is set between free individuals. Obviously the seller would always want a higher price, and the buyer a lower one, but if both parties consent to a price, then both are benefiting. No free person would consent to buy something for more than one finds it worth to oneself, or sell it for less than the value it is to oneself.
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