I think you’ll be fascinated by both of their perspectives and gain a deeper understanding of each of these economic systems.
Dear Friend,
Capitalism has become an easy target in recent years—especially among young people and the media. They often argue that it creates significant inequality and doesn’t do enough to help the poor.
While capitalism has imperfections, there is a very compelling case to be made that it is a much more humane system than socialism.
This eBook consists of two papers from Hoover Institution Fellows Russell Roberts and Ayaan Hirsi Ali.
As an economist, Roberts takes an in-depth look at the humane side of capitalism with a humble and practical approach. And Ali shares her own personal experience growing up in socialist Somalia.
I think you’ll be fascinated by both of their perspectives and gain a deeper understanding of each of these economic systems.
And you are more than welcome to share it with your family and friends. With more people embracing socialist ideas around the country, it’s important for them to read honest insights of both capitalism and socialism.
With its eminent scholars and world-renowned Library and Archives, the Hoover Institution is a non-partisan, data-driven policy research organization that seeks to improve the human condition by advancing ideas that promote economic prosperity, national security, and democratic governance. Over more than one hundred years, Hoover’s work has directly led to policies that have produced greater freedom, democracy, and opportunity in the United States and around the world.
