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Freedom Manifesto: Why Free Markets Are Moral and Big Government Isn't Hardcover – August 21, 2012


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Product Details

  • Hardcover: 304 pages
  • Publisher: Crown Business (August 21, 2012)
  • Language: English
  • ISBN-10: 030795157X
  • ISBN-13: 978-0307951571
  • Product Dimensions: 8.5 x 5.8 x 1.1 inches
  • Shipping Weight: 14.4 ounces (View shipping rates and policies)
  • Average Customer Review: 4.4 out of 5 stars  See all reviews (40 customer reviews)
  • Amazon Best Sellers Rank: #126,747 in Books (See Top 100 in Books)

Editorial Reviews

Amazon.com Review

A Q&A with the Author
What made you decide to write Freedom Manifesto?
The widespread “conventional wisdom” has long been that free markets are amoral, uncaring and driven by “greed”—while Big Government is a force for compassion and fairness. This insidious, deep-seeded belief is the opposite of reality. Not only has it kept people from seeing the moral virtues of democratic capitalism, but it also intimidates supporters and keeps them from standing up for economic freedom.

Why do you say that free markets are moral?
Free markets create abundance. Opening up any economy unleashes human ingenuity and enterprise. Allowing more competition and opportunity for profit means greater investment in job-creating enterprises and innovation. You end up with lower prices, more available goods and services, more jobs and growth. People’s real world needs are met. The most vibrant sectors of our economy—such and technology, food and clothing—are those that are the most free. Or compare communist North Korea with South Korea and its market economy. Which society offers the greatest fairness?

Why is this book important to read right now?
Our book deals with the fundamental question at the heart of the 2012 presidential election: What kind of nation do we want to be? Are we a country founded on the values of freedom and limited government as envisioned by the Founding Fathers in the Declaration of Independence and the Constitution? Or do we want to become a European-style social welfare state?

Several books have recently explored why free enterprise is moral. What makes this book different?
Freedom Manifesto places the moral differences between economic freedom and Big Government in exceptionally stark relief, showing the real choices facing us today. For example, do Americans want Apple or Solyndra?—a society that provides the chance for anyone to get ahead or one based on cronyism that keeps out true innovators and newcomers? Do they want Silicon Valley or Detroit?—a creative innovation economy like our technology sector, or one mired in rigidity, like our over-regulated health care industry?

Wouldn’t society descend into chaos without government to provide guidance? Why do you say “Big Government” is immoral?
Government is essential to the functioning of free markets because it establishes rules of the road and creates a stable environment where transactions take place according to the impartial rule of law. But Big Government is different from reasonable government. It directs people’s activities and imposes constraints on personal choice and individual freedom. It is about favoritism and paybacks to powerful political constituencies. Big Government also divides society, with various interest groups jockeying for political favors.

In a free market, you don’t have to please powerful politicians to advance. Newcomers can rise and upend established players. There is greater mobility and more prosperity for all. The markets of a free economy promote cooperation and democracy. If that’s not a fair and humane society, what is?

About the Author

STEVE FORBES is chairman and editor in chief of Forbes Media and an internationally respected author­ity in the worlds of economics, fi­nance, and corporate leadership. He campaigned twice for the Republi­can nomination for the presidency. His previous books include the Wall Street Journal best­seller How Capitalism Will Save Us, the New York Times bestseller Power Ambition Glory, Flat Tax Revolution, and A New Birth of Freedom.

ELIZABETH AMES coauthored How Capitalism Will Save Us with Steve Forbes. She is the founder of BOLDE Communications, which advises corporate and individual cli­ents on communications strategies. Her journalism and commentary have appeared in a wide range of publications.

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Customer Reviews

Economics can be a dry topic but this book is entertaining and easy to read.
Steven Winheim
Reagan believed in that the vast majority of people will do good and will cooperate to create value and better lives for themselves and their communities.
Craig Matteson
The reason I feel this book is so important is that we are facing an election for America's future.
Rhynn

Most Helpful Customer Reviews

26 of 29 people found the following review helpful By Geraldine Ahearn TOP 500 REVIEWERVINE VOICE on August 21, 2012
Format: Hardcover
A powerful presentation is delivered through a historical debate, based on research and information on the issues that may change America if not confronted and resolved. Do we wish to continue with the values and standards provided by the 'Declaration Of Independence?' What kind of nation do we want to be, because now is the time to make a crucial decision, before election day? Is the Big Government guilty of greed and corruption? Will Americans vote for freedom or Big Government? Worse yet, will we become a social welfare state? Will this country be controlled by a socialist democracy? This remarkable book is concise, powerful throughout, and offers new insight through historic debate and political issues. Highly Recommended for all American citizens, prior to voting!
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19 of 23 people found the following review helpful By Amazon Customer on August 22, 2012
Format: Hardcover Verified Purchase
This should be required reading in schools across the country. Warning, though, hide all of the sharp knives before starting to read. At times you may be tempted to gouge out your eyes or something. I hope lots of people read this bookand take its lessons to heart before it is too late. Smart man. Great book. At one time I thought Steve Forbes was kind of geeky and stupid. I was the stupid one. He understands economics and our country. God bless him as he tries to save us from becoming like failing Europe
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22 of 27 people found the following review helpful By Rhynn on August 21, 2012
Format: Hardcover
Freedom Manifesto is one of the most crucial reads anyone interested in economics or politics should pick up. It takes the old debate of free markets vs govt intervention and turns it on its head by undermining the foundation of the "Government Intervention" crowd's belief system. Those who oppose free market principles often do so because they claim the free market is morally inferior, that it harms the weak and the poor in order to line the pockets of the strong and rich.

Forbes systematically dismantles this idea by repeatedly hammering at it with this one fact: true "free markets" winnow out immoral and unethical practices by providing better alternatives. Certainly, as Forbes states, there are the Madoffs of the world -- but there are evil, greedy men in all economic systems, and that is why the law (government) exists. This book is not preaching NO government regulation -- it espouses limited, intelligent government regulation.

The reason I feel this book is so important is that we are facing an election for America's future. It is an undeniable fact that President Obama has added more regulation in his four years than any president (GW Bush was actually the worst before him -- he doesn't get a pass, either). We have seen almost limitless amounts of taxpayer money poured down the black hole of green energy; we've had the US government bailing out GM, giving them an extremely unethical tax break while trying to bribe consumers with a $7,500 "credit" paid for with other taxpayers' money to purchase GM's Volt; we have seen healthcare taken over by government in the name of lowering costs only to have the costs sky-rocket by the same amount per family they were supposed to be cut. Whatever it is you wish to call the system we have now, it is not a "free market".
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4 of 4 people found the following review helpful By R. Michael Maus on November 7, 2012
Format: Hardcover Verified Purchase
This book is very well written and given our problems with run away entitlement programs needs to be studied by those that want an ever expanding government. Smaller government results in more wealth for all. We have reached the point in the USA of spending $60K per family in poverty. How is that working out? This book provides the rationale for a more reasonable approach.
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3 of 3 people found the following review helpful By nansan on December 5, 2012
Format: Kindle Edition Verified Purchase
Author makes a very good case for why (and how) free markets do "the greatest good for the greatest number" of people by explaining how companies and products live or die by meeting people's needs. Big government, on the other hand, has no such accountability and--as we see happening right now--leads to cronyism and corruption. Great book!
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3 of 3 people found the following review helpful By Andres Valencia on November 26, 2012
Format: Kindle Edition Verified Purchase
This is a masterpiece for Steve Forbes, I think.
Instructive and enjoyable, I could not let it down for long.
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3 of 3 people found the following review helpful By Bill Grothus on July 9, 2013
Format: Hardcover Verified Purchase
this is a great book to show the wrong path the country is on today. While freedom is a gift from God, the path in this coutry toda is reoving our freedoms and that is why BIG government is immoral. There are good insights and reasons about the society of freedom and we seem to be unaware of what is happening or blind to our loss of freedom.
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5 of 6 people found the following review helpful By Bun on September 12, 2012
Format: Hardcover Verified Purchase
This book explains why big government, however "well meaning" will destroy our freedom under the guise of helping us solve all our problems. It points out the arrogance of those who believe they can manipulate the complexities of our economic system. It can't be done. Furthermore, the unintended consequences are stealing our freedom and wrecking our future. Anyone who seriously wants to be a well informed voter should read this book and decide for themselves whether we take the road to socialism or the road to free enterprise in the next election.
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