Abstract

Edward W. Younkins's book, Capitalism and Commerce: Conceptual Inundations of Free Enterprise, develops a systematic case for a free enterprise model that restricts state activity to a few clearly enumerated functions. He sets out the ideas of individual rights and property ownership, moving from here to freedom of transaction under the rule of law. He considers entrepreneurship and progress. Finally he discusses the various opponents of free enterprise and responds, concluding with a meditation on the prospects of bringing about the kind of society envisioned here