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Classics of Capitalist Theory

Understand how money moves in a democracy -- your money

Capital Capital

 

Karl Marx

Oxford UP, 1999

(9)

The Marxist bible: In his economic masterwork, Karl Marx details capital accumulation and the exploitation of the proletariat.

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Capitalism, Socialism and Democracy Capitalism, Socialism and Democracy

 

Joseph A. Schumpeter

HarperCollins, 1984

(9)

Economist Schumpeter called capitalism "creative destruction," and said it would self-destruct from stagnation and revolt.

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The Future of Capitalism The Future of Capitalism

 

Lester C. Thurow

Penguin, 1996

(9)

Economist Lester Thurow asks hard questions, like: As the gulf between rich and poor widens, will capitalism stagnate?

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Capitalism and Freedom Capitalism and Freedom

 

Milton Friedman

University of Chicago Press, 2002

(8)

Ask not what economist Milton Friedman believes: this 1962 classic made him an oracle for traditional economics.

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