In Saving Capitalism, economist and bestselling author Pat Choate offers six game-changing actions that can strengthen the U.S. economy now and stimulate long-term, self-sustaining, noninflationary economic growth that will create millions of better jobs. Here are proposals for:
• Major tax reform
• All-encompassing financial regulation
• A strong social safety net
• A major infrastructure program
• Ways and means to balance U.S. trade with the rest of the world
• The renewal of national innovation
Urgent and provocative, Saving Capitalism is an accessible and informative dissection of the gravest threat our economy has faced since the Great Depression, and a bold and creative blueprint for the future.
From the Trade Paperback edition.
Book I, Chapter I: Man and Nature
Book I, Chapter II: The Nature of Capital
Book I, Chapter III: Historical Development of the Conception
Book I, Chapter IV: The True Conception of Capital
Book I, Chapter V: The Competing Conceptions of Capital
Book I, Chapter VI: Social and Private Capital
BOOK II: CAPITAL AS INSTRUMENT OF PRODUCTION
Book II, Chapter I: Introductory
Book II, Chapter II: Capitalist Production
Book II, Chapter III: The Function of Capital in Production
Book II, Chapter IV: The Theory of The Formation of Capital
Book II, Chapter V: Formation of Capital in a Community
Book II, Chapter VI: Possible Objections
BOOK III: VALUE
Book III, Chapter I: The Two Conceptions of Value1
Book III, Chapter II: Nature and Origin of Subjective Value
Book III, Chapter III: The Amount of Value
Book III, Chapter IV: The Marginal Utility
Book III, Chapter V: Complications
Book III, Chapter VI: What Determines Marginal Utility
Book III, Chapter VII: Alternative Uses
Book III, Chapter VIII: Subjective Exchange Value
Book III, Chapter IX: The Value of Complementary Goods
Book III, Chapter X: The Value of Productive Goods. Value and Costs.
BOOK IV: PRICE
Book IV, Chapter I: The Fundamental Law
Book IV, Chapter II: Isolated Exchange
Book IV, Chapter III: One-Sided Competition
Book IV, Chapter IV: Two-Sided Competition
Book IV, Chapter V: The Law of Supply and Demand
Book IV, Chapter VI: The Individual Determinants of Price
Book IV, Chapter VII: The Law of Costs
BOOK V: PRESENT AND FUTURE
Book V, Chapter I: Present and Future in Economic Life
Book V, Chapter II: Differences in Want and Provision for Want
Book V, Chapter III: Underestimate of the Future
Book V, Chapter IV: The Technical Superiority of Present Goods
Book V, Chapter V: Co-operation of the Three Factors
BOOK VI: THE SOURCE OF INTEREST
Book VI, Chapter I: The Loan and Loan Interest
Book VI, Chapter II: The Profit of Capitalist Undertaking. Principles of Explanation.
Book VI, Chapter III: The Profit of Capitalist Undertaking. Complications.
Book VI, Chapter IV: The Profit of Capitalist Undertaking. The Labour Market.
Book VI, Chapter V: The Profit of Capitalist Undertaking. The General Subsistence Market.
Book VI, Chapter VI: The Profit of Capitalist Undertaking. The General Subsistence Market—(continued)
Book VI, Chapter VII: Interest From Durable Goods
Book VI, Chapter VIII: Interest From Durable Goods—(continued)
Book VI, Chapter IX: Results
Book VI, Chapter X: Interest Under Socialism
BOOK VII: THE RATE OF INTEREST
Book VII, Chapter I: The Rate in Isolated Exchange
Book VII, Chapter II: The Rate in Market Transactions
Book VII, Chapter III: The Rate in Market Transactions—(continued)
Book VII, Chapter IV: The Market for Capital in Its Full Development
Book VII, Chapter V: The Market for Capital in Its Full Development—(continued)
APPENDIX TO PAGE 327 [ Book VI, Chapter V ]
Amount of Subsistence Fund Necessary Before Entering on a Production Period of Given Length
For most of us, opportunism is a tainted concept. Shraga F. Biran thinks otherwise. He shows that our present economy favors the wealthy few more than at any point in history. But such an economy is both unstable and outmoded, unable to recognize the true value of the work done by the new knowledge class, whose commerce is in ideas, not financial assets. This is why most of us have seen no real gains from the spectacular increases in paper wealth during the past three decades.
Biran sees a transformative new way in Opportunism. In today's economy, he argues, the way to thrive is to create an opportunity and make the most of it. With great passion, he proposes that we as a society should establish a "right of opportunity," akin to patents and copyrights, enabling all members of society to lay claim to their ideas and benefit from them financially. Thus empowered, the new opportunists can help bring about a revolution in applied knowledge on the scale of the Industrial Revolution— and a more just, stable, and prosperous society.
A look at how our current crises are caused by too much government, and how Ayn Rand's bold defense of free markets can help us change course.
The rise of the Tea Party and the 2010 election results revealed that tens of millions of Americans are alarmed by Big Government, but skeptical that anything can or will be done to stop the growth of the state. In Free Market Revolution, the keepers of Ayn Rand's legacy argue that the answer lies in her pioneering philosophy of capitalism and self-interest –a philosophy that more and more people are turning to for answers. In the past few years, Rand's works have surged to new peaks of popularity, as politicians like Paul Ryan, media figures like John Stossel, and businessmen like John Mackey routinely name her as one of their chief influences. Here, Brook and Watkins explain how her ideas can solve a host of political and economic ills, including the debt crisis, inflation, overregulation, and the swelling welfare state. And most important, they show how Rand's philosophy can enable defenders of the free market to sieze the moral high ground in the fight to limit government. This is a fresh and urgent look at the ideas of one of the most controversial figures in modern history – ideas that may prove the only hope for the future.