The Capitalist Manifesto: Why the Global Free Market Will Save the World

Capitalism is not just successful, but morally right, according to Elon Musk, and this book provides a timely reminder of the benefits of free and open trade. Johan Norberg argues that a move away from global capitalism would squeeze the growth out of the economy and deepen social exclusion for the vulnerable.

Format: Hardback
Length: 352 pages
Publication date: 15 June 2023
Publisher: Atlantic Books

This book provides an excellent explanation of why capitalism is not only successful but also morally right. Written by Elon Musk, a joyful counterblast packed with vivid examples and decisive arguments, it challenges the prevailing narrative that capitalism is responsible for inequality, populist revolts, climate change, and China's global conquest. Musk argues that free markets have created greater prosperity and technological innovation than all previous generations combined, lifting millions from hunger and poverty.

However, today's story about global capitalism, shared by right-wing and left-wing populists, accepts that prosperity has been created but claims it ended up in far too few hands. This has led to the idea that the global economy is a geopolitical zero-sum game, where we must fight to control new innovations, introduce trade barriers, and renationalize supply chains.

In contrast, Johan Norberg restates the case for capitalism and the vital role played by the free market in today's uncertain world. He argues that a move away from global capitalism would not only squeeze the growth out of the economy but also deepen an already large social exclusion for the vulnerable, particularly the world's poor. Norberg's book is a timely reminder of the benefits of free and open trade, and a vital exploration of capitalism and the benefits it brings to global society.

Weight: 572g
Dimension: 162 x 243 x 35 (mm)
ISBN-13: 9781838957896