This first video is a presentation by Arthur Brooks, author of books such as,
- The Road to Freedom: How to Win the Fight for Free Enterprise (an updated sequal to Hayek’s “Road to Serfdom”)
- Who Really Cares: The Surprising Truth About Compassionate Conservatism;
- Social Entrepreneurship: A Modern Approach to Social Value Creation
- The Battle: How the Fight between Free Enterprise and Big Government Will Shape America’s Future
- Gross National Happiness: Why Happiness Matters for America–and How We Can Get More of It
- Wealth and Justice: The Morality of Democratic Capitalism (Values and Capitalism)
This is a moral argument, not a materialist one:
This is a special Serious Saturday, and I will post the videos I liked from AEI’s gallery from their contest. These are very short, maybe 2 minutes long at the most, and they must explain one of the following three ideas:
- Free enterprise promotes earned success, which is the substance of lasting happiness.
- Free enterprise promotes real fairness, based on merit and hard work.
- Free enterprise does the most good for the most vulnerable by supplying both ample charity and unmatched opportunity.
Left v. Right
For the serious minded, here is a long debate between Arthur C. Brooks and Jim Wallace at Wheaton College:
- On October 28, 2010, AEI president Arthur Brooks joined Sojourners CEO Jim Wallis for a conversation about the morality of free enterprise. The event was moderated by Washington Post columnist Michael Gerson and held on the campus of Wheaton College (IL) in front of an audience of 1200 students, faculty, and community members.