By clinging to long held assumptions, America has built capitalism into a force that conjures its own problems, such as debt, inequality, and unemployment.
NEW YORK (PRWEB) July 17, 2015
With the most recent Supreme Court ruling upholding Obamacare, the capitalist ideal of a free market is coming into question. But is the free market really a lost cause?
Wall Street financial advisor and author Steve Taft explains that this concern stems from our misunderstanding of the very nature of capitalism.
By clinging to long held assumptions, America has built capitalism into a force that conjures its own problems, such as debt, inequality, and unemployment. In his new book, “A True Free Market,” Taft asks and answers the question, “How would capitalism work if we built a just and fair free market?”
“There are ways of thinking about the economy and the rules that form it that we simply don’t discuss,” Taft said. “Capitalism offers the best potential for human flourishing, we just aren’t doing it right.”
Taft believes attaining a true free market will not only fix U.S. economic problems, but also explains why a program like Obamacare was almost inevitable given our current practices.
The conversational tone of the book eases readers into new ideas and questions about free market economies and allows them to see capitalism as a way for everyone to have free choices and independent lifestyles.
“Capitalism is not a dirty word,” Taft said. “We culturally preach freedom and free markets, but we don’t have the rules to obtain them. My book lays out a foundation for economics that allows people to truly be free.”
About the Author
Steve Taft is a 25-year long financial advisor at several Wall Street firms including Lehman Brothers, Paine Webber, Morgan Stanley and UBS. Taft has his bachelor’s degree from Washington University in St. Louis and has studied economics in his free time at various New York City schools.
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