This essay outlines the big-picture aspects of capitalism and socialism, and uses this overview to discuss human liberty and economic liberty in each system. Additionally, I note that some have argued that capitalism is unfair or immoral and so I consider three specific and common moral...

Introduction. At the beginning ... -- The Economy and the Civilization of Monasticism -- Francesco's Economy -- Some MiddleAge issues -- Luther, the Reformation and the Modern Spirit of Capitalism -- Jansenism and anthropological pessimism in the birth of Political Economy -- The Economic Spirit...