53 pages • 1 hour read
Capitalism And Freedom
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Book Brief
230
Book • Nonfiction
1960s
1962
Adult
18+ years
Super Short Summary
First published in 1962, Capitalism and Freedom is a nonfiction book about economics, politics, and government. Author Milton Friedman advocates a classical-liberal approach to economic policy in the United States, one that promotes individual freedom by allowing the free market to function as effectively as possible. The book discusses topics such as the Great Depression, education, discrimination, and social welfare programs.
Informative
Challenging
Contemplative
Reviews & Readership
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Review Roundup
Milton Friedman's Capitalism and Freedom is lauded for its compelling argument on the interdependence of economic and political freedom. Critics praise its clarity and insightful analysis but point to an overly simplistic view of market limitations and social welfare. The book remains influential in discussions on economic policy and free-market principles.
Who Should Read Capitalism And Freedom?
Readers who would enjoy Capitalism and Freedom by Milton Friedman are typically interested in classical liberalism, free-market economics, and libertarian theory. Comparable works include Friedrich Hayek's The Road to Serfdom and Ayn Rand's Atlas Shrugged. These readers value discussions on economic policies and personal liberties from a libertarian perspective.
16,727 ratings
Loved it
Mixed feelings
Not a fan
The Classical Liberal
The Classical Liberal
A proponent of free market principles and minimal government intervention, characterized by a commitment to individual freedom and voluntary cooperation.
The Socialist
The Socialist
Criticized for valuing government intervention in the economy and perceived as illogical in political and economic reasoning, often conflicting with liberal views.
The Egalitarian
The Egalitarian
Focused on equality and equal treatment, often supporting wealth redistribution and sometimes in conflict with the liberal viewpoint of prioritizing freedom.
The Paternalist
The Paternalist
Believes in government care for individuals deemed unable to care for themselves but is criticized for underestimating people's abilities and infringing on personal dignity.
The Corporation
The Corporation
Recognized as an important entity in capitalism, corporations should be monitored to prevent monopolies and collusion, and are encouraged to focus on the interest of stockholders.
230
Book • Nonfiction
1960s
1962
Adult
18+ years
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