by Steve Forbes
First published 2009
Steve Forbes tackles the crisis of confidence surrounding capitalism in the wake of a devastating economic downturn. He confronts widespread skepticism about free markets, addressing claims that the system enriches only the wealthy while crushing smaller competitors and pricing essential goods beyond most people's reach. Forbes argues that capitalism remains the superior method for meeting human needs and supporting democratic values in free societies. He demonstrates how market freedom enables innovation and problem solving, transforming scarcity into abundance. Using Ford's transformation of automobiles from luxury items into affordable transportation for workers, he illustrates capitalism's power to expand access rather than restrict it. The book shows how genuine economic growth creates systemic change that increases overall wealth and improves lives across society. Forbes presents capitalism as misunderstood rather than fundamentally flawed, offering readers a framework for understanding how economies actually function when people operate freely in open markets.
Genres: business, politics, economics, non-fiction
Vibes: thought-provoking
Tropes: informative, persuasive
357 pages · Hardcover · Crown Business (NY)