CADI-Eleutheria launches book Morality of capitalism. What teachers do not teach you in school, edited by Tom Palmer and containing contributions signed, among others, Mario Vargas Llosa, Vernon Smith, John Mackey and Ludwig Lachmann. The book appeared in publishing the truth, in the translation of Tudor Galley. Anthology of economic value and clarifying the sources of wealth: entrepreneurial creativity, property rights and free markets and take apart, one by one, the myths of anticapitaliste today. The book is available in Bookshops in Bucharest and Truth in the country; you will find attached a few selected excerpts.
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"Capitalism is a system of social, economic, legal and cultural embrace equality in rights and the principle of" open "talent and careers that decentralized innovation and energize the process of trial and error-what economist Joseph Schumpeter called" creative destruction "through voluntary exchange processes taking place on the market. Capitalist culture celebrates them on the entrepreneur, the man of science, the one who takes risks on innovative creator. […]
Capitalism puts human creativity in service to humanity while respecting and encouraging entrepreneurial innovation, that eluziv factor that explains the difference between how we live now and how they have lived a generation after generation our ancestors prior to the 19th century. Innovations that have changed for the better human life are not just scientific and technological, but also institutional. New companies of all kinds voluntarily coordinate their work to countless people. Us financial markets and instruments to make the connection between saving and investment decisions taken by billions of people, 24 hours a day. (pp. 7-9)[…]
Capitalism means to create value, not only to work hard or to make sacrifices or to be busy. Those who don't understand the rush to capitalism is supporting programs to "create jobs" to give work. They not only have never understood the rationale behind labour, but they have not understood nor the logic of capitalism. in an oft-cited anecdote, Economist Milton Friedman i show the construction of a huge new channel in Asia. When he remarked that it's weird that huge quantities of workers moves Earth and stone with some small shovels rather than with specialized equipment, i replied, "I do not understand; This is a program to create jobs. " His reply was: "he thought, try to build a canal. If your goal is to create jobs, why not give them spoons instead of shovels? " (Tom Palmer, pp. 7-10)
"Our Consensus regarding ownership rights is the one that allows us to take the complex social tasks of the type of cooperation and coordination, through which we reach our goals.
It would be nice if love could perform that task, without insisting on both interest and rights of the individual, selfish, and many opponents of liberalism offered an appealing vision of society based on the universal affection. But, as pointed out by Adam Smith, "civilized society has [omul]always need of the co-operation and assistance of many, many people", but even if he had all his life at his disposal could to befriend even with a fraction of the total number of people whose cooperation he's needed. If we rely on goodwill as to work, simply do not have to carry out their complex tasks. The selfish interest of stake on other people, in a system characterized by well-defined property rights and free trade is the only way to organize a society more complicated than a small village. […]
Critics often complain about markets saying about capitalism that encourages and rewards selfish interest. In fact, people show interest in any political system and selfish. Selfish interest pushes them to markets in directions beneficial from the point of view. On a free-market people touching their own purposes its finding what they want others, and trying to give them those things. " (David Boaz, p. 51-55)
[…] China has made significant steps towards economic freedom. Passed just over a year when China revised the Constitution to allow people to own, to buy and sell private property. Why? One of the problems that faced the Chinese Government was that people bought and sold properties even if these transactions were not recognized by the Government. This gave them occasion representatives of local authorities to debts arising from them those who were transgressing the law making transactions. Recognizing the rights of ownership, the central Government is trying to undermine the source of corruption, bureaucracy is very controlled and monitored at central level. This constitutional change, as I see it, is a practical way to limit corruption endemic political and governmental interventions which hinder economic development. (Vernon Smith, pp. 149-150)
"Most admirable lesson offers is that crops need to be protected from bureaucratic top or Commissioners shall be sealed behind iron bars, or be isolated from vameși to remain vivid and exuberant. On the contrary, such efforts would lead to only the trivialization of culture or wilting. Crops must be free, in competition with other permanent crops. That they renewed, and revitalizes, allowing them to evolve and to adapt to the life that flows relentlessly. in antiquity, Latin never choked Greek; on the contrary, the originality of the artistic and intellectual depth of Greek culture and Roman civilization they steeped, through them, the poems of Homer and the philosophies of Plato and Aristotle were spread around the world. Globalization will lead to the disappearance of local cultures; in the context of a world open, everything valuable and worthy to survive in local cultures will find fertile ground to flourish. " (Mario Vargas Llosa, p. 165)

