History

The history of capitalism shows that when freedom is applied to personal relationships, the arts, technology, and the sciences, it leads to human flourishing, peace, and progress.

Child Factory Labor

Capitalism did not create child labor working in fields or factories, but inherited child labor from the previous political systems.

Progress Under Capitalism

Capitalism is the only “progressive” system, in the proper meaning of the term. The historical evidence to support this thesis is irrefutable. Capitalism is the only system that led to the freedom of slaves, the end of feudalism, the equal… 

History of Capitalism

A pure laissez-faire capitalist society has never existed. The closest any country has come to pure capitalism is 19th century America. Twentieth-century America is not a purely capitalist country but is a “mixed economy”: a mixture of freedom and controls.… 

Exploitation

“In proportion to the mental energy he spent, the man who creates a new invention receives but a small percentage of his value in terms of material payment, no matter what fortune he makes, no matter what millions he earns.…