Customer Reviews

Capitalism vs. Capitalism: How America's Obsession with Individual Achievement and Short-Term Profit has Led It to the Brink of Collapse

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Capitalism is now without competition : it must find in itself the reasons for being THE economic system for the third millennium. Are we shure it coldn't use some influx from europe ?

Capitalism Vs. Capitalism is a book about history that is devoid of history. Individual achievement, far from being the source of any of our current societal woes, is the very source of the modern progress that allows paupers in the West to live better than the emperors of Antiquity. Eighty years of socialism in Europe and the United States has proved unable to squelch the natural aspirations that individual--as opposed to collective--achievement serves.

Paul Ehrlich, the mouthpiece of the enviromental movement, once bet Julian Simon - an anarcho-capitalist $50 in 1980 to see whether overpopulation would cause the Earth's resources to become more rare, and thus, more expensive. Simon let Ehrlich pick the five commodities - Oil, Tungsten, Iron, Gold, and Natural Gas. All 5, ten years later, were either the same - adjusted for inflation - or LOWER in 1990. The world population rose 50% in this time, and the world's per capita income, 20% (really 70% to account for the population). Here in the beginning of 2000, seven years after this book was written, Youth Crime is down (despite the media frenzy over Columbine), the market is way up, unemployment is the lowest since the post-Vietnam recession, and everything is looking hunky-dory. Another "The Sky is Falling" book by another socialist... put this under religion, because no matter what the scientific evidence, the 'scientific' socialists just can't let go of their pet theory.