"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