Here's the real history of our country. How Capitalism Saved America
explodes the myths spun by Michael Moore, the liberal media, Hollywood,
academia, and the rest of the anticapitalist establishment.
Whether it's Michael Moore or the New York Times, Hollywood or
academia, a growing segment in America is waging a war on capitalism. We
hear that greedy plutocrats exploit the American public; that capitalism
harms consumers, the working class, and the environment; that the
government needs to rein in capitalism; and on and on. Anticapitalist
critiques have only grown more fevered in the wake of corporate scandals
like Enron and WorldCom. Indeed, the 2004 presidential campaign has
brought frequent calls to re-regulate the American economy.
But the anticapitalist arguments are pure bunk, as Thomas J. DiLorenzo
reveals in **** How Capitalism Saved America. DiLorenzo, a professor
of economics, shows how capitalism has made America the most prosperous
nation on earth--and how the sort of government regulation that
politicians and pundits endorse has hindered economic growth, caused
higher unemployment, raised prices, and created many other problems. He
propels the reader along with a fresh and compelling look at critical
events in American history--covering everything from the Pilgrims to
Bill Gates.
And just as he did in his last book, The Real Lincoln, DiLorenzo
explodes numerous myths that have become conventional wisdom. How
Capitalism Saved America reveals:
- How the introduction of a capitalist system saved the Pilgrims from
starvation
- How the American Revolution was in large part a revolt against
Britain's stifling economic controls
- How the so-called robber barons actually improved the lives of
millions of Americans by providing newer and better products at lower
prices
- How the New Deal made the Great Depression worse
- How deregulation got this country out of the energy crisis of the
1970s--and was not the cause of recent blackouts in California and the
Northeast
- And much more
How Capitalism Saved America is popular history at its explosive best.
