Why Capitalism Works: Steve Forbes on Free Markets, Innovation, and Prosperity
Have you read Steve Forbes’s article, "Capitalism Will Save Us -- If Only We Let It"? If not, it’s well worth your time. Here’s a preview of why you won’t want to miss hearing from Steve at the Principled Business New York Summit this September 18-19.
Capitalism Under Attack: Steve Forbes's Response
Steve Forbes addresses the current debates on capitalism and its role in society.
In his article, Steve addresses the frequent claims that capitalism is in crisis, responsible for inequality, climate change, stagnant wages and more. He argues that the real problem actually lies in bad government policies and a fundamental misunderstanding of free markets. According to Steve, capitalism is moral because it meets the needs and wants of people through voluntary exchange and cooperation, not coercion.
Lessons from History: Economic Crises and Capitalism
Steve Forbes highlights how government mistakes, not capitalism, led to major economic crises.
Steve emphasizes that economic crises such as the Great Depression and the 2008 financial meltdown, were caused by government mistakes, not inherent flaws in capitalism. He highlights the importance of low taxes and deregulation for economic growth and how free markets have historically reduced poverty and turned scarcity into abundance.
The Power of Free Markets
Steve’s insights remind us that capitalism when understood and implemented correctly, can drive innovation, create wealth and improve lives. His perspective is crucial for anyone interested in the intersection of business and societal progress.
As Steve mentioned in his article: “Free markets always turn scarcity into abundance, today's luxuries into tomorrow's common products.”
Join us in New York this September 18-19 to meet Steve Forbes and other visionary leaders.
Don’t miss the opportunity to meet Steve Forbes and other business leaders at the Principled Business New York Summit. This is your chance to be part of a meaningful conversation about the future of capitalism and business.