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Wealth and Justice: The Morality of Democratic Capitalism
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Wealth and Justice: The Morality of Democratic Capitalism

3.59  ·  Rating Details  ·  17 Ratings  ·  4 Reviews
Popular opinion would have us believe that America's free market system is driven by greed and materialism, resulting in gross inequalities of wealth, destruction of the environment, and other social ills. Even proponents of capitalism often refer to the free market as simply a 'lesser evil' whose faults are preferable to those of social democracy or communism. But what if ...more
Paperback, 97 pages
Published October 16th 2010 by American Enterprise Institute Press (first published January 1st 2010)
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Riku Sayuj
Aug 21, 2013 Riku Sayuj rated it it was ok

It is easy today to produce an economic defense for capitalism, at least in its modern form with the carefully chosen welfare garb. But the moral critique has often been harder to counter. Wehner and Brooks tries to evolve a moral defense for capitalism. They begin by distilling morality and view of man into three perhaps over-simplified but still interesting categories based on the contention that our style of government is bound to derive from our view of man.

The first school with Rousseau an
...more
Joshua Novalis
Sep 22, 2011 Joshua Novalis rated it really liked it
Recommends it for: Those interested in Economics
Recommended to Joshua by: Gregory Novalis
A great, succinct primer to the benefits of Free-market capitalism. Wehner and Brooks make the crucial point that equality of opportunity does not necessitate equality of outcome. Initiative, entrepreneurship, and a spirit for hard-work deserve their rewards and all should have the opportunity to achieve this, but none should benefit unless they pursue those character traits. Free enterprise and market encourage good character traits, solve the problem of poverty better than socialism, and ultim ...more
Candice
Nov 20, 2014 Candice rated it it was amazing
“Wealth and Justice” is a great summary of the social value of the free-market system. The following were some of my favorite passages:

“Capitalism requires strong, vital, non-economic and non-political institutions – including the family, churches and other places of worship, civic associations, and schools – to complete it. Such institutions are necessary to allow capitalism to advance human progress.” – p. 10

“There is a certain irony in the fact that capitalism is best at doing what it is most
...more
Walker
Sep 05, 2014 Walker rated it it was ok
**1/2
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