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“When you read this book, you must be prepared for a shock—particularly if you are among the millions of Americans who feel complacent about the material well-being that now prevails in this country. THE CAPITALIST MANIFESTO will compel you to examine, reconsider and question many dangerous economic factors and political tendencies you have accepted as inevitable—and will show you how you can do something about them.
“THE CAPITALIST MANIFESTO sets the alarm for all American citizens—not simply one group or class. It is for stockholders, workers, labor leaders, corporation executives, investment bankers, taxpayers, small businessmen and industrialists, statesmen, legislators, judges and educators. Its purpose is to arouse us to the real and present dangers we now face, from inflation and from the progressive socialization of our economy. What is the difference between a well-heeled existence in a welfare state and the good life in a free society? THE CAPITALIST MANIFESTO will tell you what that difference is, and why you must be a man of property in order to be a free man. It will explain the meaning of your ever-expanding opportunities for leisure. It will tell you that the goal of an industrial society should not be full employment in the production of wealth, but full enjoyment of the wealth produced. It will tell you how you, as an individual, can best use wealth to further the happiness and well-being of yourself and your fellow men.”
“A revolutionary force in human affairs offering still unplumbed promise for the future....”—Time Magazine
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LOUIS ORTH KELSO (December 4, 1913 - February 17, 1991) was a political economist in the classical tradition of Smith, Marx and Keynes. He was also a corporate and financial lawyer, author, lecturer and merchant banker who is chiefly remembered today as the inventor and pioneer of the employee stock ownership plan (ESOP), invented to enable working people without savings to buy stock in their employer company and pay for it out of its future dividend yield.
Born in Denver, Colorado, Kelso graduated from the University of Colorado at Boulder in 1937 with a B.S. degree in business administration and finance. He went on to law school in Boulder, receiving a J.D. in 1938. He then joined a Denver law firm, Pershing, Bosworth, Dick & Dawson from 1938-1942.
After the war, Kelso taught constitutional law at Boulder and then moved to San Francisco, California, where he became a law partner with Kelso, Cotton, Seligman & Ray.
He died in 1991 at the age of 77.
MORTIMER JEROME ADLER (December 28, 1902 - June 28, 2001) was an American philosopher, where he worked within the Aristotelian and Thomistic traditions, as well as an educator and popular author.
Born in New York City to Jewish immigrants, he received a doctorate in psychology from Columbia University and joined their law school faculty in 1930. He also taught philosophy to business executives at the Aspen Institute.
He founded and served as director of the Institute for Philosophical Research in 1952 and served on the Board of Editors of Encyclopædia Britannica from its inception in 1949. He also founded the Paideia Program, a grade-school curriculum centered around guided reading and discussion of difficult works, and the Center for the Study of The Great Ideas in 1990 in Chicago.
Adler died in 2001 at the age of 98.
