The Virtues of Capitalism: A Moral Case for Free Markets

In the aftermath of the recent economic downturn, some observers leveled harsh criticism against free-market economies. In the spring of 2009, for instance, an article in the The London Telegraph insisted that the industrialized West must re-articulate its moral case for market capitalism. Additionally, numerous commentators proclaimed the days of unfettered markets to be over. 

In this timely and balanced book, Austin Hill and Scott Rae agree with capitalism's critics that the economy is essentially a moral issue, but they argue that free markets are by-and-large the solution to financial disasters rather than the cause. Though they recognize that there are legitimate criticisms of the market system--and real limits to what it can and should accomplish--the authors further conclude that capitalism both depends upon and sustains classic Judeo-Christian virtues better than any of its rival systems. Thoughtful and engaging, this book pushes against the tide of current public opinion and some of the administration's proposed economic policies with a principled defense of capitalism.

• Doing the Right Thing: Making Moral Choices in a World Full of Options
• Moral Choices: An Introduction to Ethics
• Why the Church Needs Bioethics: A Guide to Wise Engagement with Life's Challenges
• Spiritual Disciplines Handbook: Practices That Transform Us
• Courage and Calling: Embracing Your God-Given Potential
• When Helping Hurts: How to Alleviate Poverty Without Hurting the Poor . . . and Yourself
• Keep in Step with the Spirit: Finding Fullness in Our Walk with God
• Business for the Glory of God: The Bible's Teaching on the Moral Goodness of Business
• Paul's Idea of Community: The Early House Churches in Their Cultural Setting
• Bulls, Bears and Golden Calves: Applying Christian Ethics in Economics