PART FOUR

Chapter 7:

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I have demonstrated throughout the previous chapters that capitalism results in prosperity while socialism results in poverty, destruction, and suffering. But since capitalism is clearly superior to socialism and benefits everyone who lives under it, why do so many people still support socialism, or some slightly attenuated form of it (American Democrats, social democrats, labor parties, etc.)? Obvious answers include ignorance and politics.

Chapter 8:

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Chapter 9:

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PART FIVE

Chapter 10:

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Chapter 11:

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Armed with the knowledge we’ve learned, it should now be easier for the reader to interpret the real meaning behind government policies taking shape in the world today. Let’s take a look at some recent news headlines and make sure that we understand the real story behind the news. It should soon become apparent that almost everything happening in society is dictated by government control, but that government leaders are not fit to “lead” anyone.

Allen, W.B. (ed.) (1988). George Washington, George Washington: A Collection. University of Michigan Press.

Armentano, Dominick T. (1990). Antitrust and Monopoly: The Anatomy of a Policy Failure. Holmes and Meier Publishers Incorporated.

Bartlett, Bruce (1994). “How Excessive Government Killed Ancient Rome.” The Cato Journal, 14 (2).

A  |  B  |  C  |  D  |  E
F  |  G  |  H  |  I  |  J
K  |  L  |  M  |  N  |  O
P  |  Q  |  R  |  S  |  T
U  |  V  |  W  |  Y  |  Z

Kel Kelly has spent over 13 years as a Wall Street trader, a corporate finance analyst, and a research director for a Fortune 500 management consulting firm. Results of his financial analyses have been presented on CNBC Europe, and the online editions of CNN, Forbes, BusinessWeek and the Wall Street Journal.