By Andrew Bernstein
This book is a concise explanation of capitalism's moral and economic superiority to all forms of socialism, including America's current mixed-economy welfare state. Bernstein shows that the current crisis is essentially similar to the Great Depression in its causation and in the steps necessary to resolve it. The book's concluding section applies moral and economic principles to the current economic crisis, showing that government intervention is its cause and a policy of laissez-faire its necessary solution. Furthermore, socialist/statist policies are universally the cause of social calamities and that the answer lies in individual rights and laissez-faire capitalism. The principles that the book articulates are timeless; in diverse forms, the conflicts these principles explain recur repeatedly throughout history.
Bernstein accomplishes all of this in a concise, lively, impassioned and fully accessible volume.
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