The Capitalism Paradox: How Cooperation Enables Free Market Competition

The Capitalism Paradox: How Cooperation Enables Free Market Competition
ISBN-10
1642931403
ISBN-13
9781642931402
Category
Business & Economics
Pages
139
Language
English
Published
2019-07-30
Publisher
Bombardier Books
Author
Paul H. Rubin

Description

In spite of its numerous obvious failures, many presidential candidates and voters are in favor of a socialist system for the United States. Socialism is consistent with our primitive evolved preferences, but not with a modern complex economy. One reason for the desire for socialism is the misinterpretation of capitalism. The standard definition of free market capitalism is that it’s a system based on unbridled competition. But this oversimplification is incredibly misleading—capitalism exists because human beings have organically developed an elaborate system based on trust and collaboration that allows consumers, producers, distributors, financiers, and the rest of the players in the capitalist system to thrive. Paul Rubin, the world’s leading expert on cooperative capitalism, explains simply and powerfully how we should think about markets, economics, and business—making this book an indispensable tool for understanding and communicating the vast benefits the free market bestows upon societies and individuals.

Similar books