1 thought on “Book review: “The Power of Capitalism” by Rainer Zitelmann (Part 1)”

  1. Posted 13/04/2021 at 07:37 | Permalink

    We also need to remember that unbridled anything, whether it be capitalism, communism, socialism, etc; is a pathway to failure. All things require balance (hence the phrase “checks and balances”). Why? Because all of these “isms” are underwritten by human nature, and history is clear on the dangers of this. Hence, a book that promotes one ism without due regard to its flaws and the need for healthy societies to be a mix of isms, is a book that is ultimately itself flawed. In essence, pragmatism is the answer. Not capitalism or any other ism per-se.

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