- Paperback: 146 pages
- Publisher: UPA (November 11, 2009)
- Language: English
- ISBN-10: 0761849696
- ISBN-13: 978-0761849698
- Product Dimensions: 6.1 x 0.4 x 9 inches
- Shipping Weight: 7.2 ounces (View shipping rates and policies)
- Average Customer Review: 4.3 out of 5 stars See all reviews (11 customer reviews)
- Amazon Best Sellers Rank: #381,608 in Books (See Top 100 in Books)
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Capitalism Unbound: The Incontestable Moral Case for Individual Rights
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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.
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Top Customer Reviews
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.
He examines government-enforced coercive monopolies, government-enforced coercive unions, government-enforced coercive practices of the Federal Reserve, government's coercive policies that led to and prolonged the Great Depression, and the current financial disaster wrought by the government's interference in mortgages and lending, the so-called "Affordable Housing" program. He identifies what politicians, appointees and bureaucrats have done, covered up and blamed on banks, financial institutions and other businesses across the board, including private investors and traders.
Capitalism Unbound is an impassioned declaration that every human being has the right to life, property, liberty and the pursuit of happiness, that the protection of these rights and the freedom to exercise them constitute certain moral principles, which men need in order to live life qua man.
Every social system rests on some ethical point of view. The nucleus of every ethics is its view of man's basic relationship to existence. Does man have the right to live for himself or must he live for others? Bernstein demonstrates with dozens of examples why egoism is the life-promoting force of the individual, of the group, of a culture---and why altruism is the destroyer. He shows that it is capitalism's recognition of a man's right to live for himself that makes it the greatest and the only moral social-political-economic system.
This book more than any other book on Capitalism I have read understands that all economic value is created by the human mind. Inventions are the result of human reason applied to the problems of survival (economic problems). This book comes tantalizingly close to understanding that this means the whole of economic science needs to be rethought.