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Why the development of social capitalism is the only solution to the challenges of a new millennium.
Capitalism brings more wealth and more opportunities to the entire world, while socialism and interventionism fail systematically and impoverish those forced to live under them. And yet it must be admitted that in many parts of the Western world, the middle classes are losing their faith in capitalism. Luckily, we’re in time to change that.
Daniel Lacalle explains our economy in a direct, modern, and global way, highlighting the virtues of saving, investment, and innovation. At the same time, he describes how capitalism can improve people’s wellbeing in general and not only the prosperity of those who take advantage of favors from the state, nepotism, or investment income.
Lacalle goes beyond the defense of an economic system and proposes a true social model based on responsibility, merit, and compensation. A solider social model than any form of interventionism can promote.