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Is capitalism the best economic system? Does capitalism conflict with democracy? Rainer Zitelmann, a German former journalist, former businessman, investor and prolific author, addresses the first of these questions: his answer is a resounding “yes”. Torben Iversen, a Danish political scientist and professor at Harvard, and David Soskice, a British economist and professor at the London School of Economics, address the second: their answer is a resounding “no”. Zitelmann provides a lively polemic against the denigrators of free-market capitalism. Iversen and Soskice argue for the symbiosis of capitalism and democracy in the “advanced capitalist democracies”.
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Is capitalism the best economic system? Does capitalism conflict with democracy? Rainer Zitelmann, a German former journalist, former businessman, investor and prolific author, addresses the first of these questions: his answer is a resounding “yes”. Torben Iversen, a Danish political scientist and professor at Harvard, and David Soskice, a British economist and professor at the London School of Economics, address the second: their answer is a resounding “no”. Zitelmann provides a lively polemic against the denigrators of free-market capitalism. Iversen and Soskice argue for the symbiosis of capitalism and democracy in the “advanced capitalist democracies”.
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