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The Capitalist Manifesto

Why the Global Free Market Will Save the World
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Brief Description
This book is an excellent explanation of why capitalism is not just successful, but morally right - Elon Musk A joyful counterblast... packed with vivid examples... decisive - The Economist Compelling... Masterful - Daily Mail A timely reminder of the benefits of free and open trade... Read More
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A vital exploration of capitalism and the benefits it brings to global society as a whole.

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This book is an excellent explanation of why capitalism is not just successful, but morally right - Elon Musk

A joyful counterblast... packed with vivid examples... decisive - The Economist

Compelling... Masterful - Daily Mail

A timely reminder of the benefits of free and open trade - Financial Times

A vital exploration of capitalism and the benefits it brings to global society. Marx and Engels were right when they observed in The Communist Manifesto that free markets had in a short time created greater prosperity and more technological innovation than all previous generations combined. A century and a half later, all the evidence shows that capitalism has lifted millions from hunger and poverty.

Nonetheless, today's story about global capitalism, shared by right-wing and left-wing populistsβ€”and by large sections of the political and economic establishmentβ€”accepts that prosperity has been created, but says it ended up in far too few hands. This in turn has made it popular to talk about the global economy as a geopolitical zero-sum game, where we must fight to control new innovations, introduce trade barriers, and renationalise supply chains.

More generally, capitalism is also accused of fuelling glaring inequality, populist revolts, climate change, and China's global conquest.

In this incisive and passionate investigation, Johan Norberg instead restates the case for capitalism and the vital role played by the free market in today's uncertain world. Ultimately, he argues that a move away from global capitalism would not only squeeze the growth out of the economy but also deepen an already large social exclusion for the vulnerableβ€” for the world's poor, it would be a killing blow.

Book Details

INFORMATION

ISBN: 9781838957926

Publisher: Atlantic Books

Format: Paperback / softback

Date Published: 04 July 2024

Country: United Kingdom

Imprint: Atlantic Books

Edition: Main

Audience: Tertiary education, Professional and scholarly

DIMENSIONS

Spine width: 25.0mm

Width: 129.0mm

Height: 198.0mm

Weight: 303g

Pages: 352

About the Author

Johan Norberg is a historian, lecturer and commentator. He is a senior fellow at the Cato Institute in Washington DC and his books have been translated into thirty languages. His books include the international bestseller Progress and Open, which was an Economist book of the year. Norberg regularly writes for publications such as The Wall Street Journal, Reason and HuffPost.

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