The Roots of Capitalism

The Roots of Capitalism

by John Chamberlain
The Roots of Capitalism

The Roots of Capitalism

by John Chamberlain

Paperback

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Overview

Capitalism is a system that can stand on its own attainments, says John Chamberlain, and he offers here a fast-paced, provocative look at the intellectual forces and practical accomplishments that have created American capitalism.

In clear, unequivocal language he discusses the ideas responsible for our economic institutions, the originators of these ideas, and the times in which they first became important. The political theories of the men who hammered out the Magna Carta and the Declaration of Independence; the thinking of John Locke, James Madison, and Adam Smith; the deeds and discoveries of the James Watts, Eli Whitneys, and Henry Fords—all these diverse elements are shown to be part of the tradition of a free society in which American capitalism has grown and flourished. A unique blend of political and economic theory and the practical accomplishments of businessmen and innovators, The Roots of Capitalism provides valuable insights into the ideas underlying the free economy.

John Chamberlain is an editor and journalist.


Product Details

ISBN-13: 9780913966242
Publisher: Liberty Fund, Incorporated
Publication date: 07/01/1977
Pages: 294
Product dimensions: 5.90(w) x 9.00(h) x 0.80(d)
Age Range: 18 Years

Table of Contents


Preface 9
Prologue—Time, Place, Principles, Beginners 15 1. The Freely Choosing Man 21
2. The Property Base 15
3. The Political Frame for an Open Society 67
4. Contract—or Capitalism Is Promises 87
5. Gloomy Men and Iron Laws—or Capitalism in a Cage 105
6. Premonition of the American System 131
7. Prometheus Unbound—or the Enterpriser's Function Explained 151
8. “Contrived Fecundity"—the Ford System and the Margin” 177
9. The True Perfection of Competition 197
10. The Consumers' Plebiscite 221
11. Labor Had the Right Idea 235
12. Retreat from the American System 257 Epilogue—Forward Once More? 279
Index 285
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