You will not often find as full-throated defense of capitalism in this short book by Thomas DiLorenzo, How Capitalism Saved America: The Untold History Of Our Country, From The Pilgrims To The Present. This story of capitalism starts with the Pilgrims and moves the current through telling stories about our economic history as a response to the narratives often used by those who can be called anticapitalist. This book is needed more today than almost any other period in our history as numerous groups argue for the reimagining of capitalism on the margin or more radically a wholesale upheaval of our system of free enterprise and entrepreneurship.
At times, this books veers into political advocacy when the facts speak for themselves, yet there is enough good economic history to give the reader a new perspective on how capitalism has been critical in making the US an economic history. Of course, there is a need for regulation and the need for the state to support policies that help those in need and growth; however, as the author clearly states, it is the dynamics of capitalism that makes everyone better off.
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