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Why Not Capitalism?

Most economists believe capitalism is a compromise with selfish human nature. As Adam Smith put it, “It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest.” Capitalism works better than socialism, according to this thinking, only because we are not kind and generous enough to make socialism work. If we were saints, we would be socialists.

In Why Not Capitalism?, Jason Brennan attacks this widely held belief, arguing that capitalism would remain the best system even if we were morally perfect. Even in an ideal world, private property and free markets would be the best way to promote mutual cooperation, social justice, harmony, and prosperity. Socialists seek to capture the moral high ground by showing that ideal socialism is morally superior to realistic capitalism. But, Brennan responds, ideal capitalism is superior to ideal socialism, and so capitalism beats socialism at every level.

Clearly, engagingly, and at times provocatively written, Why Not Capitalism? will cause readers of all political persuasions to re-evaluate where they stand vis-à-vis economic priorities and systems―as they exist now and as they might be improved in the future.

Author: Jason Brennan

Edition: 1st

Binding: Paperback

EAN: 9780415732970

Condition: New

Manufacturer: Routledge

Number of items: 1

Number of pages: 120

Product group: Book

Studio: Routledge

Publication Date: 2014-06-13

Publisher: Routledge

Pages: 120

ISBN: 0415732972

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Jason Brennan
Jason Brennan (Ph.D., 2007, University of Arizona) is Robert J. and Elizabeth Flanagan Family Chair and Associate Professor of Strategy, Economics, Ethics, and Public Policy at the McDonough School of Business, and by courtesy, Associate Professor of Philosophy, at Georgetown University, and formerly Assistant Professor of Philosophy, Research, at Brown University. He specializes in political philosophy and applied ethics.