31. The Ethics of Socialism
1. The Alternative to Freedom
In the preceding chapter we tried to confine ourselves to a discussion of the positive ethical values of “capitalism”—i.e., of the system of economic freedom. We did this because these values are so seldom appreciated or even considered.
32. Morality and Religion
1. “If There’s No God”—
Is religion necessary to the discovery of the specific moral rules that should guide us? And is a belief in the chief traditional doctrines of religion—such as the existence of a personal God, a life after death, a Heaven and a Hell—necessary in order to secure human observance of moral rules?
2. The Indictment
Perhaps we can best arrive at an answer to the two questions that led off this chapter by reviewing the principal arguments on both sides.
33. Summary and Conclusion
1. Summary
Let us see whether we can summarize briefly some of the main propositions of the ethical system at which we have arrived.
1. Morality is not an end we pursue purely for its own sake. It is a means to ends beyond itself. But because it is an indispensable means we value it also for its own sake.
Appendix
Johnny was walking through the woods on a lovely day. Suddenly a tiger sprang out of the underbrush and leaped at his throat.
It was at this point that Johnny composed his great essay on the folly of fighting tigers. Continuous warfare between men and tigers, he pointed out, serves no constructive purpose whatever, and only can lead, in time, to the destruction of one side or the other.
Notes
CHAPTER ONE
CHAPTER THREE
CHAPTER FOUR
CHAPTER FIVE
CHAPTER SIX
CHAPTER SEVEN
Index
(Numbers in parenthesis refer to footnotes)
Abbott, T. K., 372-373 (6,6)
Absolute, 152
Absolutism vs. relativism, 150-158 See also Relativism
Accident, duties of, 190
Acton, Lord, 267
Act-utilitarianism, 60
Adamson, Joy, 385 (15)
Ad hoc utilitism, 60-61
Adler, Mortimer, 380 (1)
Agnostics, 353
Aid, mutual, 42, 365 (11)
From Bretton Woods to World Inflation

Halftitle

Title Page
FROM
BRETTON WOODS
TO WORLD INFLATION
A STUDY OF
CAUSES AND CONSEQUENCES
Henry Hazlitt
REGNERY GATEWAY • CHICAGO
Copyright Page

Second printing
Copyright © 1984 by Henry Hazlitt.
All rights reserved.
New York Times editorials of 1934, 1944, and 1945 are copyright © by the New York Times Company. Reprinted by permission.