Capitalism and Commerce
Conceptual Foundations of Free Enterprise
By (author) Edward W. Younkins
Publication date:15 August 2002
Length of book:360 pages
In Capitalism and Commerce, Edward Younkins provides a clear and accessible introduction to the best moral and economic arguments for capitalism. Drawn from over a decade of business school teaching, Younkins's work offers the student of political economy and the educated layperson a clear, systematic treatment of the philosophical concepts that underpin the idea of capitalism and the business, legal, and political institutions that impact commercial enterprises. Divided into seven parts, the work discusses capitalism and morality; individuals, communities, and the role of the state; private and corporate ownership; entrepreneurship and technological progress; law, justice, and corporate governance; and the obstacles to a free market and limited government.
Capitalism rests on a moral foundation, like the rest of civilization. Edward W. Younkins has done an extraordinary job of explicating that foundation, in an impressive and much-needed work.