Foreword

Capitalism is dead. Long live capitalism.

I’m a capitalist by conviction and by profession. I believe the best economic system is one that rewards entrepreneurship and risk taking, maximizes customer choice, uses markets to allocate scarce resources, and minimizes the regulatory burden on business. If there’s a better recipe for creating prosperity, I haven’t seen it—and neither have you.

So why does capitalism have a major image problem? Why do the majority of consumers in the developed world doubt that large corporations are good for society? Why are executives regarded as ethically inferior to journalists and even lawyers? Why are CEOs more likely to be portrayed as villains than heroes in the popular media? Why do people seem to ...

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