"It’s a fascinating book and a much-needed one."
Madsen Pirie, Adam Smith Institute
Guest article in The Telegraph
3 December 2018
"This wide ranging tome, which covers economic systems across China, Africa, Germany, the US and UK exploring the power of capitalism, may not persuade staunch anti-capitalists of the author’s alternative viewpoint. However, it certainly offers a robust challenge to anti-capitalist views and provides a series of well defined and researched arguments in favour of a capitalist society." CITY A.M.
by Tom Burroughes on Wealth Briefing, 21 December 2018
Jan. 3, 2019
Professor Philip Booth has referenced The Power of Capitalism in the following blogs (Jan. 2019)
Venezuela hasn’t failed because of low oil prices or because of economic sanctions imposed by the USA. Once again, we have seen a socialist experiment fail – an experiment that was hailed by left-wing politicians and intellectuals around the world just a few years ago.
Chile and Venezuela constitute two contrasting economic models in Latin America. Chile embodies the capitalist path, Venezuela the socialist path. But Chile has also had its own troubles: First under the socialism of Allende and later under the dictatorship of Pinochet.
Rainer Zitelmann, Chile: Latin America’s capitalist alternative to Venezuela, February 2019
OPINION: It may be a dirty word in the Corbyn era, but capitalism has proven to be the best antidote to poverty, argues historian Rainer Zitelmann.
Venezuela hasn’t failed because of low oil prices or because of economic sanctions imposed by the USA. Once again, we have seen a socialist experiment fail – an experiment that was hailed by left-wing politicians and intellectuals around the world just a few years ago. Here is an excerpt from the 2018 book by the German historian and sociologist Rainer Zitelmann, The Power of Capitalism, on the events that led to Venezuela’s collapse.
Rainer Zitelmann, Socialism fails again, in: The European Financial Review, February/March 2019
Martin Bamford, Capitalism matters more than ever, with Dr Rainer Zitelmann, in: Informed Choice Radio,
18 March 2019
"There are few more enthusiastic advocates for capitalism than Rainer Zitelmann. The German is a rare creature, an academic historian who has also worked on one of Germany’s biggest newspapers and later became a successful entrepreneur, selling his property PR company in 2016. His views on the merits of capitalism are shaped not by armchair theorising, but a mixture of historical knowledge, academic study of entrepeneurship and his own hands-on experience in the world of business. Zitelmann’s latest book, The Power of Capitalism – his 21st – is a full-throated defence of a system he believes has led to huge improvements in people’s quality of life the world over. When we meet in his London hotel, Zitelmann is a picture of relaxation. But his personal ebullience cannot mask a deep concern about the way the world is heading. Be it Trump’s tariffs, Corbyn’s obsession with nationalisation or his own country’s drift into statism, assaults on free enterprise are all around."
John Ashmore, A waning power? Rainer Zitelmann on the threats to global capitalism, in: CapX, 19 March 2019
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