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Capitalism cannot be defended without a philosophic foundation; it is impossible to argue that the free market is moral unless we know what morality is and how it can be derived. And to know that, we have to know the fundamental nature of man and of the world in which he lives.

Our philosophy section features The Moral Basis of Capitalism, Frequently Asked Questions,  several short essays and a wide selection of recommended books to help the reader gain a better understanding of the nature of capitalism.

:: The Philosophy of Freedom
Frequently Asked Questions of Capitalism
Get the answers as experts take you through common questions and concerns about capitalism.
» Read the Capitalism FAQ

:: Philosophy ::

The Businessman's Self-Defense Kit

Understanding how the principle of individual rights applies to our economic relationships is the first step in defending our right to the fruits of our productivity.
» Read the Essay

The Moral Basis of Capitalism

Capitalism is the only moral social system because it is the only system that respects the freedom of the producers to think and the right of the individual to set his own goals and pursue his own happiness.
» Read the Essay

The Moral and the Practical

Capitalism is practical for the same reasons that make it moral: respect for the mind and values of the individual.
» Read the Essay

Production vs. Force

The difference between a businessman's power and the government's power: one wields the power of production, the other the power of the gun.
» Read the Essay

The Environmentalist's Epidemic
In the face of the anti-man actions of the environmentalists, it’s time the veneer that they are concerned about the health and welfare of human beings be removed once and for all.
» Read the Essay

The Libertarian Anti-Manifesto
By removing all the variables except one—“liberty”—libertarians adopt a simple-minded approach to philosophy.
» Read the Essay

:: The War Against Islamic Jihad  ::

Why a Free Man Fights
There comes a time when in order to defend our republic—and by extension our rights—we must carry the fight to the enemy. We are men who have tasted freedom and refuse to live without it. We are men who fight to be free. » Read the Essay

How Will We Know We Have Won?
We will know we have won when jihad is acknowledged by Moslems to be a failure. On the day that Moslems are no more likely than Episcopalians to impose their faith by the sword, then we will have won.
» Read the Essay

Judge, be judged and act accordingly
For all the excuses for and evasions of the beliefs of the terrorists, no criticism of faith itself is ever offered. The reason is intellectual pacifism: the view that it is wrong to judge the beliefs of others, even when those beliefs lead to actions that have deadly consequences.
» Read the Essay

:: American History ::

The Stamp Act Crisis: The First Defense of Freedom in America

The American Revolution was, in essence, the American people’s defense of their right not to be deprived of their property without their consent. The Stamp Act Crisis was the first battle in that defense.
» Read the Essay

:: Op-Ed's and Essays

4/19/12: Comic Books, Hate Crime, and Kafirphobia

What follows is a potpourri of comments I left on various sites over the last few days.
» Read the article

4/12/12: Islam’s Affinity with Force and Fraud

Islam’s affinity with force and fraud has no bounds. Its perpetuation and exploitation of The Protocols of the Elders of Zion, a malicious fabrication founded on the lowest form of unreason, has allowed it to emulate the irrationality it purports to oppose.
» Read the article

4/6/12: Yes, Nancy, We are Serious

In October 2009, House Speaker Nancy Pelosi, astounded by the apparent irrelevance of a reporter’s question about the constitutionality of Obamacare, spoke words that ricocheted off the Constitution and then around the world.
» Read the article

4/3/12: The Many Appetites for Cruelty

Daniel Greenfield, during an interview on Jamie Glasov’s radio show on March 28th, was discussing Hitler and Stalin when he noted that they had an “appetite for cruelty.” That got me thinking about the nature and purpose of cruelty.
» Read the article

3/28/12: The Court's Mock Examination of Obamacare

Justice Antonin Scalia enunciated the most relevant, but less than scintillating exchanges between the Court and Solicitor General Donald Verrilli in the second day of the Supreme Court’s review of the constitutionality – or its unconstitutionality – of the the Patient Protection and Affordable Care Act of 2010, nicknamed “Obamacare.”
» Read the article

3/25/2012: Islamic Jihad: Hurry Up or Wait?

I would liken Islam to an ideological Black Death that must be faced up to by politicians and intellectuals. There's no such thing as a "benign" Islam. It is a death-worshipping ideology from top to bottom. And the only way to emasculate it is to repudiate it in its entirety.
» Read the article

3/21/2012: Allah's Oops!

Salman Rushdie, author of The Satanic Verses, a chaotic and bewildering novel which earned him a permanent death fatwa by Ayatollah Ruhollah Khomeini in February 1989, will attend a literary conference in New Delhi, India in March, in defiance of Islamic naysayers. We can credit him with the defiance, but not his oeuvre with literary worth.
» Read the article

3/19/2012: The 'False Alarm' of the latest Executive Order

Previously, I have written about the ambiguous language in certain sections of the National Defense Authorization Act for 2012 (NDAA), language that could authorize the warrantless arrests of American citizens for cocking a snook at the government and treating said citizens as enemy combatants or prisoners of war subject to indefinite detention in conditions less salubrious than those enjoyed by actual enemy combatants now housed in Gitmo.
» Read the article 

» See the index of earlier news items

 :: Capitalist's Book Club
» The Capitalist Manifesto: The Historic, Economic and Philosophic Case for Laissez-Faire

As recently as the late 1980s, intellectuals were still discussing the supposed approaching convergence between communism and capitalism. It was claimed that the capitalist United States was suffering from an inadequacy of social services, while the Soviet Union failed to protect personal freedom. Faced with such problems, it was argued that the US and Soviet systems would eventually meet halfway, with the US becoming more socialist and the Soviet Union less totalitarian.

It wasn’t until the collapse of the Soviet Union in 1991 that the absurd notion of “convergence” was finally discredited along with most remaining hopes of establishing a so-called socialist paradise. Partly as a result, there was a resurgence of interest in capitalism and the reasons for its success, and a host of books have since been published seeking to explain various aspects of the capitalist system.

What was missing, however, was a single volume that presented the historical origins, moral justification, and practical success of capitalism. Such a volume would correct the misconceptions most people still have of capitalism’s origins and early history, and answer their misgivings over the justice of laissez-faire. Andrew Bernstein’s The Capitalist Manifesto succeeds admirably as such a book. » Read the entire review. » Buy it!

» Loving Life: The Morality of Self-Interest and the Facts that Support It

The material abundance and individual freedom that is the hallmark of capitalism rests on upon the ethics of self-interest, but today perhaps no code of morality is more misunderstood and maligned. In a profound yet easily accessible text, Craig Biddle demolishes the conventional wisdom that holds sacrifice as a moral ideal and offers a compelling alternative.

Through examples drawn from today's headlines, historical analysis and the examination of leading intellectual thinkers, Loving Life clearly demonstrates that morality is a matter not of divine revelation or social convention or personal opinion—but, rather, of the factual requirements of human life and happiness. Biddle shows how a true morality is derived logically from observable facts, what in essence such a morality demands, and why it is a matter of pure self-interest.

This book is the perfect book to give to a friend or relative who needs an intellectual jumpstart in their lives. » Buy it!

:: Other Recommendations ::


» For even more recommendations and reviews, visit the Center's Bookstore



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» Frequently Asked Questions
You ask the tough questions and we answer them.

» The Moral Basis of Capitalism
Capitalism is the only moral social system. Learn why.

» The Moral and the Practical
Capitalism is practical for the same reasons that make it moral.

» Capitalist Book Club
Purchase the essential texts on capitalism.

» Advocacy
Learn about the Center's projects.

» Media Center
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