Stephen Speicher

ANDREW BERNSTEIN on Global Capitalism, Penn. State, Sept. 11th

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Global Capitalism: The Solution to World Oppression and Poverty

Who: Andrew Bernstein, senior writer for the Ayn Rand Institute and author of "The Capitalist Manifesto."

What: A talk and Q & A explaining the real nature of capitalism and why it is the ideal social system.

Where: 101 Thomas Building, Pennsylvania State University, University Park.

When: September 11, 2006, at 7:30 PM.

The public and media are invited. Admission is FREE.

Summary: Capitalism is the system of individual rights. The enormous success of capitalism in Asia in the 20th century's second half, and the beginning of its positive impact in contemporary Latin America add to the evidence accumulated in Europe and North America over the past 200 years: capitalism is the system of both freedom and prosperity.

Conversely, capitalism's antipode--statism in any form--denies the principle of individual rights, and necessitates both political oppression and economic destitution.

The purpose of this talk is to show why these claims are true. This talk shows that wherever the political/economic system of capitalism is instituted--on any continent in any era—men’s freedom and prosperity are greatly increased. This was true of 18th-century Europe and it is true in 21st-century Asia. From its earliest days, capitalism raised the poor's living standards and, within a century, eradicated in the Western world the ages-old scourge of child labor. At the turn of the 21st century, the enormous benefits of capitalism are beginning to be reaped in the Third World, especially in Asia. As Ayn Rand stated, capitalism is the ideal social system--and this talk, based on three years of research for Dr. Bernstein's recently published book, The Capitalist Manifesto, proves it.

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