CHAPTER 3A REAL-MARKET ALTERNATIVE
Communism forgets that life is individual. Capitalism forgets that life is social, and the kingdom of brotherhood is found neither in the thesis of communism nor the antithesis of capitalism but in a higher synthesis…that combines the truths of both.
MARTIN LUTHER KING JR.
AMERICANS HAVE long been told that the only alternative to the rapacious excess of capitalism is the debilitating repression of communism. This sets up a false and dangerously self-limiting choice between two extremes, both of which failed because they created a concentration of unaccountable power that stifled liberty and creativity for all but the few at the top.
The alternative to both of these discredited experiments in centralized power ...