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CAPITALISM-OP
Free Ebook CAPITALISM-OP
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From Publishers Weekly
Reisman's ringing manifesto for laissez-faire capitalism free of all government intervention is at once a conservative polemic and a monumental treatise, brimming with original theories. that is remarkable for its depth, scope and rigorous argument. He rejects the Keynesian doctrine that government must adopt a policy of budget deficits to cope with unemployment, contending, to the contrary, that federal intervention in the economic system is a root cause of inflation, credit expansion, depression and mass unemployment. Reisman staunchly defends capitalists as risk-takers who raise the average worker's real wages and living standards, increasing productivity and improving the quantity and quality of goods. Socialism, he says, is the system that exploits labor and causes stifling monopolistic control. Professor of economics at L.A.'s Pepperdine University, Reisman frequently espouses unfashionable, some would say "extreme," views; for instance, he opposes mandatory recycling, defends insider trading of stocks as justifiable and beneficial and condemns laws banning child labor as an "inappropriate" response to a social ill. His call for a pro-capitalist political movement dedicated to the abolition of the welfare state, elimination of Social Security and Medicare, dismantling of public education, private ownership of all land, abolition of personal and corporate income taxes and a 90% cutback in government spending seems to put this tome beyond the pale of mainstream political debate?although it does come with advance raves from two Nobel laureates in economics. Conservative Book Club and Laissez Faire Book Club selection. Copyright 1996 Reed Business Information, Inc.
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Review
"For an understanding of how greed is beside the point, and how unfettered markets pay workers according to rising productivity, try an unusually rich and imaginative discussion in economist George Reisman's great book, Capitalism recently made available at a bargain price on e-book readers. On other key economic principles as well, this is an indispensable work." -Barrons, September 8, 2012 "Reisman's ringing manifesto for laissez-faire capitalism free of all government intervention is at once a conservative polemic and a monumental treatise, brimming with original theories, that is remarkable for its depth, scope and rigorous argument... come[s] with advance raves from two Nobel laureates in economics. Conservative Book Club and Laissez Faire Book Club selection." -Publishers Weekly "An expositon and defense of capitalism on a par with those of Mises and Hayek ." -The Free Radical, June/July 1997 "Capitalism is . . . what a consistent, intelligent advocate of capitalism would say on almost any economic issue." -FORTUNE, April 28, 1997 "Provides a comprehensive explanation of the nature and value of modern capitalism." -Journal of Economic Literature, June 1998 "The most important tome about Austrian economics since Ludwig von Mises' Human Action and Murray Rothbard's Man, Economy, and State." -1997 Foundation for Economic Education Book Catalogue
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Product details
Hardcover: 1096 pages
Publisher: TJS Books; First Edition edition (November 1, 1996)
Language: English
ISBN-10: 0915463733
ISBN-13: 978-0915463732
Product Dimensions:
8.8 x 2.2 x 11.5 inches
Shipping Weight: 5 pounds
Average Customer Review:
4.3 out of 5 stars
53 customer reviews
Amazon Best Sellers Rank:
#1,068,305 in Books (See Top 100 in Books)
A unique and truly amazing book! On what basis do I make such a claim? I got interested in economics too late in my college career to major in it, but subsequently completed intermediate micro and macro courses in preparation for pursuing an MA in economics. A business career put my graduate school ambitions aside, but in the ensuing years I've read more than a100 books, and hundreds of scholarly articles, on economics. So I have more than a passing knowledge of the subject.In his book "Captialism" the author manages to synthesize the best of the classical economists and the Austrian school, while tying that to a broader philosophy of reason and freedom, and then adding much new work that I've never seen even hinted at elsewhere. The end result is not only a masterwork on economics, but the most resounding explanation and defense of capitalism ever written, combined with devastating attacks on Marx, Keynes and their more modern variants.Not only is the substance of what Reisman has to say comprehensive, powerful and unique, but the clarity and simplicity with which he says it puts him in the very elite group of economists who can also write.While I thought I was well prepared to explain and defend capitalism before reading Reisman's book, I was humbledby what I learned therein.. There are many wonderful books on economics, but if there is a single book that covers virtually everything one needs to know about the subject this is it. And if enough people read it, the future economic and social progress of the world will be assured.I congratulate Dr. Reisman on his remarkable achievement and hope that others will avail themselves of what he has created..
Wow! I hope every student of economics realises what a boon this is.A life's work and a life's reading--the book the heart of which F.A. Hayek reckoned every "fully trained commentator ought to read if he wants to talk sense"--now available in easy-to-read Kindle form!I have to say I've been studying and thoroughly enjoying the original heavyweight hard-cover version for the last fifteen years since its release, and with the best will in the world it has never been possible to read easily in the sort of places most of us like to read books, like in the bath, in bed, on the beach or out in the bush--or even on the couch, where wrestling with it can sometimes feel like having undergone a full workout. I pondered for a long time making the suggestion to the author that the next edition of the book be beautifully packaged into a boxed set of easy to carry paperbacks (say six or so), all in the name of portability, and one of which easily be slipped into a backpack.But this electronic version is far, far better.Not only do you have a book the size of an encyclopaedia that can now be read in the bath, but with one iPad containing this Kindle version of the book, AND the PDFs of all the books contained and recommended in Prof Reisman's self-study programme (most of which can easily be found in free or low-cost PDF, Kindle or ePub versions) learning and integrating the entire history of economics is now a breeze. A whole library of economics can now be at one's fingertips, complete with the most knowledgeable guide through it you're going to find!That on its own made buying an iPad worthwhile. I thoroughly recommend the investment.I can also say that having been through the self-study programme several times, including all the recommended readings, I appreciate more and more the subtitle of the original book: "...a complete and integrated understanding..." Such integration is a tremendous achievement--one I appreciate all the more every time I turn another page.And now I can turn it without feeling like I've just done a workout!
It's hard to tell, sometimes, if this voluminous work is a textbook, or a treatise. It has an almost slavish attention to detail, to the exposition of the finest point, as though, in his arguments, Professor Reisman is attempting to create a waterproof container stitch by stitch. And there are instances where, as he changes his focus from one topic to the next, he reiterates, step by thorough step, the points he made in the previous argument ... a kind of logical "Twelve Days of Christmas, which leads to the inevitable "Partridge in a Pear Tree." And the Professor's prose will not win awards for it's simplicity. These things aside, this book is as powerful a vindication for laissez-fare capitalism as you will find, one that bulldozes centralized economic planning, authoritarianism, socialism, environmentalism, unionism and every other ism that represents a threat to the greatest formula for human progress and the advancement of civilization in history: freedom to pursue one's self interest, the rule of law, and economic liberty.
This is the definitive expose of anything and everything a layman or professor would want to have at his disposal for understanding Capitalism. Dr Reisman lays it all out, the history, the myths, the misconceptions, the pitfalls, the triumphs. I especially liked the final chapter, where Dr Reisman presents a blueprint of where to go from here - the building blocks that logically arise from the indispensable union of human behavior and the free market. Love laissez-faire!
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