Paperback
-
PICK UP IN STORECheck Availability at Nearby Stores
Available within 2 business hours
Related collections and offers
Overview
Product Details
| ISBN-13: | 9780737747003 |
|---|---|
| Publisher: | Greenhaven Publishing LLC |
| Publication date: | 04/10/2010 |
| Series: | Current Controversies Series |
| Pages: | 232 |
| Product dimensions: | 5.90(w) x 8.90(h) x 0.60(d) |
| Age Range: | 15 - 17 Years |
About the Author
B01
Table of Contents
Foreword 11
Introduction 14
Chapter 1 Is Capitalism a Good Economic System?
Overview: Capitalism Jim Stanford 18
Capitalism is a system of economics that has existed for several centuries in different forms and continues to change today.
Yes: Capitalism Is a Good Economic System
Capitalism Is the Most Moral System Craig Biddle 26
Capitalism is at odds with altruism, the dominant morality, but capitalism is actually the most moral social system because it promotes the virtue of self-interest.
The Free Market Has Promoted Virtues Deirdre McCloskey 37
Although capitalism often is defined as synonymous with greed, it actually is a good system for promoting seven important virtues.
Capitalism Is Practical and Moral Robert W. Tracinski 47
The same core qualities that contribute to making capitalism a practical social system also make it a moral system.
No: Capitalism Is Not a Good Economic System
The Capitalist Wage System Entails Exploitation Rick Wolff 52
The Marxist analysis of capitalism shows why the only way out of capitalism's exploitation is by abolishing the wage system.
The Values of Neoliberal Capitalism Have Had Terrible Consequences Michael Leon Guerrero 60
The capitalism of the past three decades, with its emphasis on free trade and the free market, has led to the promotion of the damaging values that are leading the United States into decline.
Consumerist Capitalism Needs Fundamental Change Benjamin R. Barber 66
Capitalism in America has centered around unsustainable consumerism, and the time is right for radical change away from this value system.
Chapter 2 What Are Some Concerns About Capitalism?
Chapter Preface 74
Capitalism Is at Odds with Democracy Michael Parenti 76
Capitalism, by its very nature, is at odds with democracy, and it inevitably leads to financial disaster.
Capitalism Promotes Prosperity, Democracy, and Peace Erich Weede 85
The limited government and economic freedom of capitalism, which necessitates the recognition of narrow negative rights, promotes economic and personal freedoms.
Capitalism Causes Poverty Tony Wilsdon 91
The neoliberalism capitalism that has dominated America for the past few decades has led to cuts in public spending and a decline in wages, causing serious poverty.
Capitalism Has Lifted Billions Out of Poverty Jonah Goldberg 98
Capitalism is the reason most people do not live in poverty anymore, and yet people ungratefully wonder why there is any poverty at all.
Capitalism Uses Disasters to Engage in Economic Engineering Naomi Klein 102
Disaster capitalism is on the rise around the globe, where disasters create the opportunity for Western governments and aid organizations to profit under the guise of reconstruction efforts.
Free-Market Capitalism Is Not Implemented Through Coercion Johan Norberg 110
Examples throughout the world show that economic liberalization happens not by coercion and dictatorships, but by democracy that embraces free markets.
Chapter 3 Is Capitalism to Blame for the Global Financial Crisis?
Chapter Preface 120
Yes: Capitalism Is to Blame for the Global Financial Crisis
Capitalism Caused the Global Financial Crisis Michael Heinrich 122
The nature of capitalism, especially the neoliberal policies of the past few decades, inevitably lead to crises, such as the most recent global financial crisis.
The Financial Crisis Shows the Failure of Financial Capitalism Saskia Sassen 130
Financial capitalism has relied upon unsustainable financialization of economies causing the global financial crisis when this model reached the limit of its own logic.
Too Little Regulation Caused the Financial Crisis Jacob Weisberg 137
The global financial crisis was caused by a pursuit of libertarian ideals that endorse minimal government regulations, not by the minimal regulations that existed.
No: Capitalism Is Not to Blame for the Global Financial Crisis
Laissez-Faire Capitalism Is Not Responsible for the Financial Crisis George Reisman 142
Although laissez-faire capitalism is blamed for the financial crisis, it cannot be the source of the problem because it does not actually exist—rather, widespread government intervention does exist and caused the crisis.
The Free Market Did Not Cause the Financial Crisis Thomas E. Woods Jr. 151
The financial crisis was an inevitable bust to an economic boom created by actions of the Federal Reserve, a crisis that could have been avoided by relying on the free market instead.
Altruism Caused the Financial Crisis Richard M. Salsman 159
The financial crisis was caused by a widespread acceptance of the moral code of altruism, which led to misguided government intervention in the market.
Government Intervention Caused the Global Financial Crisis Yaron Brook Don Watkins 170
Intervention incompatible with capitalism, by the Federal Reserve and other governmental bodies, is what caused the financial crisis.
Chapter 4 Does the Public Good Warrant Government Intervention in Capitalism?
Chapter Preface 175
Yes: Government Intervention in the Capitalist System Is Sometimes Warranted for the Public Good
Government Intervention in Health Care Is Preferable Ian Williams 177
Taiwan is a good example of a country with a single-payer health insurance system that uses elements of the free market, combined with government intervention, to work in the best interest of all.
Social Security Should Be Run by the Government: Institute for America's Future 188
The current government-run Social Security system should be strengthened rather than privatized due to the numerous problems associated with privatization as well as the social benefits of Social Security as it currently works.
No: Government Intervention in the Capitalist System Is Not Warranted for the Public Good
Government Intervention in Health Care Violates Rights Leonard Peikoff 194
There is no right to health care and, in fact, if the government provides health care, it violates the rights of taxpayers, business owners, and doctors.
Social Security Should Be Eliminated Alex Epstein 203
Social Security coerces money from all taxpayers without any future guarantees while denying taxpayers their freedom to decide how to provide for retirement and, as such, should be abolished.
Government Intervention in the Capitalist System Is Immoral Arthur C. Brooks 206
Government spending and intervention is not only bad for the economy and conflicts with capitalism—which is endorsed by the majority—it also is morally deficient.
Organization to Contact 210
Bibliography 213
Index 219