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The Spirit of Democratic Capitalism, by Michael Novak
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...a major work for our times. ―Irving Kristol, The Public Interest
- Sales Rank: #765075 in Books
- Published on: 1990-12-29
- Released on: 1990-12-29
- Original language: English
- Number of items: 1
- Dimensions: 9.09" h x 1.04" w x 6.11" l, 1.63 pounds
- Binding: Paperback
- 464 pages
From the Back Cover
This book is a personal but not and egocentric accout of how the author has come to reject the socialist teachings which have encumbered the political philosophy of theologians for whom he has clearly a profound respect.
Most helpful customer reviews
0 of 0 people found the following review helpful.
Five Stars
By Cletus
Starts slow but accelerates in interest and application as it moves on toward the climax.
19 of 22 people found the following review helpful.
The Spirit of Democratic Capitalism by Michael Novak
By Amazon Customer
A nut's and bolts book about how and why systems that allow "free choice" produce better goods and services. A MUST book for people in Latin Countries where "poverty" was a virtue and production was conceived as evil. Novak pulls the shades off of the "socialist" concept that only Capitalists are greedy. Marx indeed never took into consideration a human spirit that could be "inspired" to do things for the Glory of the Creator. I don't leave "home" without my copy. I read and then re-read.
9 of 11 people found the following review helpful.
The Greater Separation of Powers
By Christopher Chantrill
This is a brilliant and intoxicating book. It argues that democratic capitalism is not a moral slum but a school of moral uplift. That is because democratic capitalism does three things. It tries to limit power -- economic, political, and moral -- and bring it under law. It encourages reciprocity and honest dealing. And it also teaches people that the way to thrive is to live and work to serve the needs of others. The same point has been made again and again in the long tradition of market apologetics since Adam Smith and most recently by Frederick Turner in "Shakespeare's Twenty-first Century Economics."
Democratic capitalism goes beyond the idea of limiting government power by the separation of powers. It attempts a "greater separation of powers" beyond government -- in society itself.
This is Novak's big idea. He differentiates society into a political sector, an economic sector, and a moral-cultural sector, and experiences each as a check and balance for the power of the other sectors.
Reactionaries of all kinds, of course, want to turn back the clock to a pre-democratic-capitalist society where everything is reabsorbed back into politics, or an even more primitive religio-politics. Chances are though that the genie can't be put back in the bottle. So we have to start from where we are, with a society as described by Novak, a differentiated political sector, economic sector, and moral-cultural sector.
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