CAPITALISM THE CREATOR by Carl Snyder

CAPITALISM THE CREATOR

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KIRKUS REVIEW

This is a history of capitalism, a defense (if one is needed) of the role that capitalism plays, and has played, during the history of civilization. The author weakens his case somewhat by starting with a chip on his shoulder, but once he gets into his stride he forgets why he suggests that it was necessary to write such a book, and proceeds to give his readers an exceedingly stimulating and interesting history of the interrelation of invention, industry, commerce, civilization; of how one thing gave rise to another, and of the vital factor in speeding the development of our mechanized civilization that capital contributes. He reiterates the fallacy of the socialistic theory of redistribution of wealth, and proves to himself that any such process would quickly result in slowed down industry, increased unemployment and smaller rather than larger incomes.

Pub Date: Jan. 9th, 1939
Publisher: Macmillan