A Capitalist Manifesto
Unlike the totalitarian Communist Manifesto written by Karl Marx and Frederich Engels, A Capitalist Manifesto, written by Professor Gary Wolfram of Hillsdale College, is a brilliant manifesto of freedom. The 1848 Communist Manifesto led to dictatorship, poverty, and misery in Russia, China, Vietnam, and many other countries. In A Capitalist Manifesto, you will learn why this happened and how to prevent it from ever happening again. You will also learn how capitalism creates unprecedented wealth for everyone, protects freedom, and promotes economic justice.
But you won’t hear any of this from liberal talking heads, politicians, or protesters living in Occupy Wall Street tents. Instead you will be told that greedy capitalists are the enemy, and how big government promotes economic justice, creates good jobs, and fosters economic growth. Or as President Obama said, “If you’ve got a business — you didn’t build that. Somebody else made that happen.” For liberals, that “somebody” is always an all-powerful government dedicated to destroying economic freedom.
Armed with A Capitalist Manifesto, you will be able to counter these arguments with the truth. You will learn how capitalism actually created Western Civilization, and is the only economic system that builds a just society and protects freedom. Professor Wolfram has written one of the best economic books in years, a soon-to-be classic in the liberty library!
Summary by Dr. Stephen Thompson PhD
Praise for A Capitalist Manifesto
“A clear and concise explanation of how markets work. Makes a strong case for why economic liberty is so important for human prosperity.”
Senior Fellow at the Cato Institute
“I had thought until recently that the debate between capitalism and socialism was over, with socialism permanently buried. But I learned from the Obama administration that this hopeful vision was erroneous. Given this fragile state, it is valuable to teach our students more about the wonders of capitalism, and this book helps to fulfill that mission in a clear and engaging manner.”
Paul M. Warburg Professor of Economics at Harvard University, a senior fellow of the Hoover Institution of Stanford University, and a research associate of the National Bureau of Economic Research
“The best sign of deep knowledge is simplicity. Gary Wolfram, a master of the discipline of economics, shows that mastery here in explaining the basic truths of the discipline. They rival the law of gravity in their certainty, and they provide a guide as true as the North Star.”
-Dr. Larry P. Arnn
President, Hillsdale College
“Wolfram’s A Capitalist Manifesto explains in non-technical language how poverty around the world has declined and the swelling middle classes from countries around the globe have emerged because of legal and other institutional changes. Though the advance of individual freedom based on rule of law and rights of ownership occurred first in Europe and in the New World, the dynamics of these institutions have proved so compelling that even totalitarian nations like China have adopted them in greater degrees…with astonishing results for millions of people. Wolfram’s book unravels the mysteries of how open free markets lift the human experience.”
Professor Emeritus and Founding Dean of the Graduate School of Management at the University of California, Davis
“Understanding the one and only economic system that respects individual rights and produces abundance is a critical challenge for our time. The stakes are high. If we teach the truth about capitalism, the rewards will be reckoned in terms of enriched and lengthened lives, re-invigoration of culture, and restoration of liberties. Gary Wolfram has given us a great addition to the literature of freedom and free markets!”
– Lawrence W. Reed
President, Foundation for Economic Education