Has Capitalism Saved the World?
By Bob Small
It’s been a while since I’ve read a book, partially because there are all these fifteen to twenty-page articles. However, upon receiving notification that Roy Minet has published his third book The Savior of the World — Comprehending the Free Market … and that it was only 60 pages, well there we are.
Why Roy? We met many years ago when the Greens and the Libertarians worked together, “fighting the good fight” to get places on the Pennsylvania Ballot, despite the massive efforts of the Duopoly to keep us from the Ballot. Mostly, this was like the myth of Sisyphus and the rock won. Occasionally there was an upset.
The subtitle is “Comprehending the Free Market Economic System”, which is basically an explanation and defense of capitalism. This would be a good book for middle schoolers.
This is a quote he uses from Adam Smith “ How selfish soever man may be supposed, there are evidently some principles in his nature, which interest him in the fortune of others, and render their happiness necessary to him, though he derives nothing from it, except the pleasure of seeing it.”
Roy, disagreeing with many, sees socialism and communism as crazy failed schemes. Naturally, he aligns with the idea that “central planning systems will never work well”.
He also rails against government interference, such as “excessive taxation” and regulations, etc. and the Federal Reserve manipulation. Again, this is the Libertarian gospel.
He also refers us Frédéric Bastiat‘s book The Law and his essay “That Which is Seen and That Which is Not Seen”.
We are discussing here the Invisible hand as Adam Smith (see above) had discussed.
Roy later says that “Profits are always food for everyone”, which some may find questionable.
Towards the end of this tome, Roy boldly states “Unequal wealth distribution is absolutely necessary and required for the proper functioning of a free market economy”.
On the topic of “the safety net”, He finds it “highly likely that private charities could do this job better if government force were completely eliminated.”
The last line of the book is “Freedom works, and freedom works best.”
One thinks he might have chosen another title, though.
See also
Roy Minet . Org – Think about it !
