As the subtitle states this IS the essential case for capitalism and freedom, and Professor Dahlen is eminently capable of presenting it, both succinctly and eloquently, and provides a great primer for those as yet unconvinced of the virtues of free market, laissez-faire capitalism, or those who already support it and want more information to be able to defend it more effectively.
Sadly the vast majority of Americans appear to fall into the first group and have no idea that this form of capitalism was fundamental to the founding and building of our nation before the 20th century. Perhaps it would be more appealing today if it was called "free-range capitalism."
This may seem like yet another impractical libertarian (and heaven forbid even Randian influenced!) polemic to those who favor an idealistic centrally planned or a more cautious and compromising "mixed" economic/political philosophy, but it is clear after reading Dahlen that all non free market approaches (including the mixed version) fall into the camp of statism, and that, "Statism is the principle of government force and tyranny." (p.5.). And that it is precisely capitalism's moral foundation (respect for the principle of private property and individual sovereignty) which has been so misunderstood or taken for granted. In the same way that this was a major concern for the majority of Americans in the late 18th century, but it took the actions of a small minority to bring into reality (via the Revolution of 1776) it is once again a major issue in regard to survival of the American experiment, and now up to an educated minority to fight for these freedoms (fight as in diligently guarding our rights to peaceful freedom loving - "free-ranging" - lifestyles and not by armed insurrection).
This message is perhaps more timely than ever and Dahlen's presentation is highly recommended. A real tour de force on the history, philosophy and economics of capitalism in clear and simple language, this would be the perfect textbook for modern high schools, but unfortunately it would also undermine so much of the rest of the social studies curriculum…
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