If I Become Rich, Won’t Someone Else Become Poor?

This is the most readable defense of capitalism I’ve read (and it’s more relevant than ever with the recent “Occupy Wall Street”-type protests):

Jay W. Richards. Money, Greed, and God: Why Capitalism Is the Solution and Not the Problem. New York: HarperOne, 2009.

Richards debunks eight myths, which are listed in the book’s table of contents:

1. Can’t We Build a Just Society? Myth no. 1: The Nirvana Myth (contrasting capitalism with an unrealizable ideal rather than with its live alternatives)
2. What Would Jesus Do? Myth no. 2: The Piety Myth (focusing on our good intentions rather than the unintended consequences of our actions)
3. Doesn’t Capitalism Foster Unfair Competition? Myth no. 3: The Zero-sum Game Myth (believing that trade requires a winner and a loser)
4. If I Become Rich, Won’t Someone Else Become Poor? Myth no. 4: The Materialist Myth (believing that intellect cannot create new wealth)
5. Isn’t Capitalism Based on Greed? Myth no. 5: The Greed Myth (believing that the essence of capitalism is greed)
6. Hasn’t Christianity Always Opposed Capitalism? Myth no. 6: The Usury Myth (believing that charging interest on money is always exploitive)  Keep Reading >>>