Why Capitalism?

1. Auflage 2012
ISBN: 978-0-19-985957-3
Verlag: Oxford University Press

Buch, Englisch, 176 Seiten, Format (B × H): 145 mm x 222 mm, Gewicht: 351 g

Author is a well-known figure in this debate, and is eminently well-qualified
Capitalism is not the only possible way of organising the world, and Blyth weighs up the alternatives
Explains the current debate on the benefits and supposed shortcomings of capitalism

The financial crisis caused many genuinely to reconsider the desirability and feasibility of capitalism. In Why Capitalism?, renowned economist Allan Meltzer addresses what he feels are key issues that critics of capitalism routinely fail to adequately recognize . These include the power of incentives and capitalism's adaptability to varying morals, ideals, and cultures. Meltzer argues that while capitalism is not perfect, it is the best option for providing growth and personal freedom. Citing Kant, he stresses that most of the faults and flaws on which critics dwell are human faults and are not systemically inherent to capitalism. Other topics he addresses include the regulated welfare state and how it invites corruption, arbitrary decisions, and circumvention; and irresponsible deficit spending and the unsustainable, unfunded promises by politicians eager to please.

Why Capitalism? Is a short, powerful book that will raise the level of the current debate among politicians, scholars in the political sciences, and general readers interested in the political issues brought to light by the recent financial crisis, written by one of the strongest voices the public dialogue on the fundamental economic ideas on which the United States economy is based.

Zielgruppe

General readers interested in the political sciences and economics.

Autoren/Hrsg.

Meltzer, Allan H

Fachgebiete

• Sozialwissenschaften Politikwissenschaft Regierungspolitik Wirtschafts- und Finanzpolitik
• Wirtschaftswissenschaften Volkswirtschaftslehre Wirtschaftspolitik, politische Ökonomie
• Wirtschaftswissenschaften Volkswirtschaftslehre Wirtschaftssysteme, Wirtschaftsstrukturen

Inhaltsverzeichnis

Preface
Chapter 1: Why Capitalism?
Chapter 2: Regulation and the Welfare State
Chapter 3: Why Big Deficits Now?
Chapter 4: Sources of Postwar Progress
Chapter 5: Foreign Aid
Chapter 6: Why Inflation Will Return
Index

Über Autor(innen)

Meltzer, Allan H
Allan H. Meltzer is The Allan H. Meltzer University Professor of Political Economy at Carnegie Mellon University. He is the author of A History of the Federal Reserve, Vols. 1 and 2.